American Buffalo Gold Coin Vs American Eagle

The american gold eagle is a 22 carat gold bullion coin introduced in 1986 upon authorization by the gold bullion coin act of 1985.

American buffalo gold coin vs american eagle.

Of gold but does not contain the copper of the gold eagle. Neither is a better buy than the other. It s been pressed since 1985 and available in sizes ranging from one tenth of an ounce to a. The american gold eagle coins were first minted in 1986 under the gold bullion coin act of 1985 and the american gold buffalo coins were first minted in 2006 under public law 109 145.

The coin follows the design of the indian head nickel and has gained its nickname from the american bison on the reverse side of the design. The idea behind minting gold buffalos in addition to gold eagles was to. This was the first time ever that the united states. In fact the 1 oz version of the american gold eagle contains 1 troy oz.

Mint making this family of coins a popular choice for discerning gold owners. The american buffalo also known as a gold buffalo is a 24 karat bullion coin first offered for sale by the united states mint on june 22 2006 and available for shipment beginning on july 13. 2020 american eagle gold proof coins on sale march 19 march 17 2020 washington the united states mint mint will begin accepting orders for 2020 american eagle gold proof coins on march 19 at noon edt. Code the same section mandating the minting of the american silver.

On the other hand the american gold buffalo also contains 1 troy oz. Today american gold bullion coins like the american eagle gold coin and the american gold buffalo coin are the only gold bullion coins whose weight content and purity are guaranteed by the u s. The american gold eagle is an extremely popular choice among bullion collectors. First issued in 2006 the american buffalo one ounce gold.

The design by augustus saint gaudens a prominent nineteenth century american sculptor. The coin s obverse side displays lady liberty with flowing hair a torch in one hand and an olive branch in the other. These laws are coded in title 31 subtitle iv chapter 51 subchapter ii 5112 of the u s.