The American Gold Eagle and the American Gold Buffalo are two popular bullion coins produced by the United States Mint. Both coins are highly regarded for their gold content and are sought after by investors and collectors around the world.
The American Gold Eagle was first introduced in 1986 and is considered the official gold bullion coin of the United States. These coins are struck in 22-karat gold, which means they contain 91.67% gold, along with copper and silver alloys to improve durability. The Gold Eagle's weight, content, and purity are guaranteed by the U.S. government.
The obverse of the Gold Eagle features a rendition of Augustus Saint-Gaudens' iconic design of Lady Liberty holding a torch and an olive branch. The reverse showcases a family of eagles, with a male eagle carrying an olive branch above a nest containing a female eagle and her hatchlings.
The Gold Eagle is available in four different denominations: 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz. The face values of these coins are $50, $25, $10, and $5, respectively. However, their intrinsic value is based on the market price of gold.
The American Gold Buffalo was first issued in 2006 and is the United States Mint's first-ever 24-karat gold coin. It is the purest gold coin ever minted by the U.S. government, containing 99.99% gold. The Gold Buffalo is modeled after the historic Buffalo Nickel, which was in circulation from 1913 to 1938.
The obverse of the Gold Buffalo features a Native American profile believed to be a combination of three different Native American chiefs. The reverse showcases an American buffalo (also known as a bison) standing on a mound.
The Gold Buffalo is minted in only one denomination, which is 1 oz. Its face value is $50, but like the Gold Eagle, its value primarily depends on the market price of gold.
Both the American Gold Eagle and the American Gold Buffalo are highly regarded for their gold content, craftsmanship, and the historical significance associated with their designs. These coins are widely recognized and easily tradable, making them popular choices among both investors and collectors who seek to own physical gold.