{"id":6975,"date":"2020-05-13T15:59:32","date_gmt":"2020-05-13T20:59:32","guid":{"rendered":"https:\/\/www.archcitybullion.com\/?post_type=product&#038;p=6975"},"modified":"2023-07-18T08:07:57","modified_gmt":"2023-07-18T13:07:57","slug":"2020-1-oz-american-gold-buffalo-bu","status":"publish","type":"product","link":"https:\/\/www.archcitybullion.com\/product\/2020-1-oz-american-gold-buffalo-bu\/","title":{"rendered":"2020 1 oz American Gold Buffalo Coin (BU)"},"content":{"rendered":"<h1 style=\"text-align: center;\">American Gold Buffalo<\/h1>\n<div class=\"category-description\">\n<h3><strong>Coin Highlights:<\/strong><\/h3>\n<ul>\n<li><strong>15th year of issue for the American Gold Buffalo coins!<\/strong><\/li>\n<li>Contains 1 Troy oz of .9999 pure gold in BU condition.<\/li>\n<li>Bears a face value of $50 (USD) backed by the federal government.<\/li>\n<\/ul>\n<p>Each 2020 1 oz American Gold Buffalo Coin is offered in Brilliant Uncirculated condition from the United States Mint. These 1 oz gold coins can be purchased individually inside of protective plastic flips or in multiples of 20 coins housed in mint tubes.<\/p>\n<p>American Gold Buffalo coins were authorized by Congress in 2005 and introduced by the United States Mint in 2006. For the first time in the history of the mint, an American coin was struck using .9999 (24-karat) pure gold. No previous circulation gold coin had ever been issued with 24-karat gold. Though other 24-karat gold coins have since been issued by the US Mint, the Gold Buffalo is the only one produced each year in a bullion option.\u00a0 By law, the gold for United States Mint American Buffalo Gold Bullion Coins must be taken from newly mined sources in America. They are struck at the United States Mint at West Point, New York. While struck at West Point, American Buffalo Gold Bullion Coins do not have a mint mark.<\/p>\n<\/div>\n<div class=\"long-block\">\n<h3>Purity, Weight and Content Guaranteed<\/h3>\n<p>United States Mint gold bullion coins are the only official investment-grade gold bullion coins whose weight, content and purity are guaranteed by the United States Government. Like the U.S. dollar, gold bullion coins are welcome in major investment markets worldwide. Investment firms have for years considered pure, 24-karat (.9999) fine gold coins to be bullion eligible for U.S. Individual Retirement Accounts (IRAs).<\/p>\n<p>Consult with your investment firm on whether it has decided to include pure .9999 American Buffalo Gold Bullion Coins in its portfolios.<\/p>\n<h3>Easy to Buy and Sell<\/h3>\n<p>One measure of an investment is liquidity, or the ease with which an asset can be converted to cash. The American Buffalo Gold Bullion Coin, with its unique backing by the United States Government, can be sold for cash at most coin and precious metals dealers worldwide. Although the coin is also United States legal tender, its face value is largely symbolic as the value of the gold it contains has historically been far greater.<\/p>\n<p>&nbsp;<\/p>\n<\/div>\n<h3>Characteristics<\/h3>\n<p>The designs chosen to grace both the obverse and reverse of this historic American Buffalo Gold Bullion Coin are steeped in American numismatic tradition. With images originally executed by noted sculptor James Earle Fraser, the Buffalo, or Indian Head, nickel debuted in 1913 and was produced until 1938, quickly becoming one of our Nation\u2019s best-loved circulating coins. The specific image used for this new 24-karat gold bullion coin is known to collectors as Fraser\u2019s 1913, Type I design.<\/p>\n<p>The Native American portrait featured on the obverse once again honors the legacy of our land\u2019s first inhabitants, while the power of the American Buffalo on the coin\u2019s reverse recalls the pioneering spirit of the Nation\u2019s westward expansion.<\/p>\n<h3>Obverse Inscriptions<\/h3>\n<ul>\n<li>LIBERTY<\/li>\n<li>Year<\/li>\n<\/ul>\n<h3>Reverse Inscriptions<\/h3>\n<ul>\n<li>UNITED STATES OF AMERICA<\/li>\n<li>E PLURIBUS UNUM<\/li>\n<li>IN GOD WE TRUST<\/li>\n<li>$50<\/li>\n<li>1 OZ. .9999 FINE GOLD<\/li>\n<\/ul>\n<h3>Mint and Mint Mark<\/h3>\n<ul>\n<li><a href=\"https:\/\/www.usmint.gov\/about\/mint-tours-facilities\/west-point\/\">West Point<\/a><\/li>\n<\/ul>\n<h2>Specifications<\/h2>\n<p>Content: Gold, 1.0000 Troy Ounce (31.1035g)<br \/>\nWeight: 1.0001 Troy Ounce (31.108g)<br \/>\nDiameter: 1.287in. (32.70mm)<br \/>\nThickness: 0.116in. (2.95mm)<\/p>\n<p>&nbsp;<\/p>\n<h3><\/h3>\n","protected":false},"excerpt":{"rendered":"<p>American Gold Buffalo Coin Highlights: 15th year of issue for the American Gold Buffalo coins! Contains 1 Troy oz of .9999 pure gold in BU condition. Bears a face value of $50 (USD) backed by the federal government. Each 2020 1 oz American Gold Buffalo Coin is offered in Brilliant Uncirculated condition from the United [&hellip;]<\/p>\n","protected":false},"featured_media":6977,"template":"","meta":[],"product_cat":[54,35],"product_tag":[53,52],"_links":{"self":[{"href":"https:\/\/www.archcitybullion.com\/wp-json\/wp\/v2\/product\/6975"}],"collection":[{"href":"https:\/\/www.archcitybullion.com\/wp-json\/wp\/v2\/product"}],"about":[{"href":"https:\/\/www.archcitybullion.com\/wp-json\/wp\/v2\/types\/product"}],"version-history":[{"count":0,"href":"https:\/\/www.archcitybullion.com\/wp-json\/wp\/v2\/product\/6975\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.archcitybullion.com\/wp-json\/wp\/v2\/media\/6977"}],"wp:attachment":[{"href":"https:\/\/www.archcitybullion.com\/wp-json\/wp\/v2\/media?parent=6975"}],"wp:term":[{"taxonomy":"product_cat","embeddable":true,"href":"https:\/\/www.archcitybullion.com\/wp-json\/wp\/v2\/product_cat?post=6975"},{"taxonomy":"product_tag","embeddable":true,"href":"https:\/\/www.archcitybullion.com\/wp-json\/wp\/v2\/product_tag?post=6975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}