The 2016 Buffalo coin is struck in 0.9999 fineness, 24 carat gold.
This bullion coin is issued by the US Mint and contains one ounce of gold.
The gold Buffalo coin is issued by the United States Mint and has a denomination of US $50. Designed by American sculptor, James Earle Fraser, the coin features an Indian head on the obverse and an American buffalo on the reverse. The buffalo is said to be based upon "Black Diamond," a favourite attraction at the New York Zoological Gardens.
Buffalo coins are a popular alternative for investors in gold who are looking for someting different for their portfolio.
The obverse features an engraving by American sculptor, James Earle Fraser. The right facing Native American Indian is supposedly based on a combination of three Indian chiefs - Chief Iron Tail, Chief Two Moons and either Chief John Big Tree of the Onondaga tribe or John Two Guns, son of White Calf.
The coin bears the inscription LIBERTY, the date 2016 and F - the initial of the engraver Fraser.
The reverse features a left facing buffalo with the inscription:
UNITED STATES OF AMERICA, E PLURIBUS UNUM, IN GOD WE TRUST
As well as:
$50, 1OZ .9999 FINE GOLD
The Latin inscription E PLURIBUS UNUM translates to 'Out of many, one'. This is a traditional American motto which appears on the Great Seal of the United States.
Denomination: | $50 |
Alloy: | 0.9167 |
Weight: | 31.1066g |
Actual Gold Weight | 1 Troy oz |
Diameter: | 32.66mm |
Finish: | Uncirculated |
Obverse Designer: | James Earle Fraser |
Reverse Designer: | James Earle Fraser |
Mint | US Mint |
Mintage: | 219,500 TBC |
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Bullion coins are provided as is and on occasion may have some minor scratches or edge knocks. These are not regarded as faulty or damaged goods as their precious metal content and value as a bullion coin is not affected. Any coin sold for a value less than a 180% intrinsic is considered a bullion coin.
Gold investment products are VAT free. Silver investment products are inclusive of VAT at the current rate unless otherwise stated.
All investment products are based on the live precious metal price. Prices will be fixed once the item has been added to the basket and recalculates just before checking out.
If your product is not a graded coin and is considered a bullion item, it should be noted that these are bought and sold on low premiums over their precious metal content and not solely for aesthetic purposes; therefore, some products may have edge knocks and/or marks. These edge knocks and marks do not alter the specifications of the coins.
Please note that all investment products are exempt from the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 and therefore customers do not have the right to cancel their order once the order has been accepted. If customers no longer wish to go ahead with their investment purchase, there is an option to sell the products back to Chard (1964) Ltd instead. View our current buy back prices.
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We aim to dispatch orders within 48 hours of receiving cleared funds. Our standard delivery methods are as follows.
If you wish to have your order sent by an alternative method (e.g., Saturday Guaranteed) please contact +441253343081 for more information. Please note, we will not dispatch high value orders over a bank holiday weekend.
For international delivery, please check with your local customs office for more information on custom duty and taxes.
Full delivery information can be found by clicking here.
We offer fully insured delivery on all special delivery options. We do need to pass on the cost of this insurance as it soon adds up shipping high value gold and silver products.
If you require any assistance, please do not hesitate to call the showroom on +441253343081 and one of our team can discuss your purchase.