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1 oz American Buffalo Gold Coin
In StockIf you would like to own a gold bullion coin that represents the North American heritage, that ... read more
We sell
We buy
Spread
20341 lei
Weight
1 oz
Quantity
Price
20341 lei
Transaction details
This option allows you to sell gold remotely. How it works:
- Make sure you have selected the correct item.
- Complete the selling application for selling remotly.
- Follow the instructions received by email.
Warning! Make sure the products are properly packed for shipping. Tavex assumes no responsibility for loss, damage or other costs related to the package until it is received safely.
If you have any further questions, please contact us at: 0756 541 896 or rascumparare@tavex.ro
We buy
17819lei
Total expected value
17819lei
The amount displayed is estimated and is based on the data entered. The final price will be confirmed after the evaluation of the products by a Tavex specialist.
Customers rating for Tavex
Introduction
If you would like to own a gold bullion coin that represents the North American heritage, that is deemed legal tender by the United States Government, and that contains one troy ounce of .9999 fine gold, then look no further than the gold American Buffalo. Authorized by the US Congress in 2005 and minted the following year by the US West Point Mint, it is the first 24 karat legal tender gold coin to be issued by the US Government. Depicting graceful designs of iconic American hallmarks, the gold American Buffalo coin is a must for anyone who relishes the founding history of the United States.
Why Buy
- This 1 oz coin tracks the price of gold. The value of American Buffalo coins is primarily determined by their fine gold content which is linked to the prevailing price of gold.
- American Buffalo coins are money. American Buffalos are legal tender in the United States and are accepted and exchanged as such throughout the world.
- The gold American Buffalo is recognisable. The fact that American Buffalo coins are minted by the US West Point Mint and portray two iconic hallmarks of North America, the American Bison and the Native American Indian, guarantees their global recognition and liquidity.
- American Buffalo coins are 99.99 % pure gold. In many ways, it is more exciting to hold the 24 karat American Buffalo coin in your hands than an alloyed gold coin. Unlike alloyed gold, pure 24 karat gold has a lustrous gold colour and, being of higher density, also has a better heft or “feel” to it.
- American Buffalos gold coins are the equivalent of savings. Made of pure gold and backed by the United States Government, American Buffalo bullion coins are an ideal investment for any type of long-term saver who appreciates the security and stability of owning physical legal tender gold coins.
- American Buffalo coins are an excellent way to diversify your portfolio. Gold’s low correlation with other financial assets makes the gold American Buffalo coin serve as a portfolio hedge against market risk.
History
The American Buffalo carries the design of the famous five-cent nickel buffalo coin
James Earle Fraser, one of America’s most famous sculptors of the early 20th century, originally created the chosen die design for the gold American Buffalo coin. The original design was used for the copper – nickel five-cent coin that was minted and issued between 1913 and 1938 in the United States. It would take almost 70 years for this iconic coin design to be used once again on a circulating coin, only this time on a gold bullion coin. Besides making the original distinctive design for the gold Buffalo coin, Fraser also created several of America’s most prominent public monuments, such as the Benjamin Franklin National Memorial in Philadelphia and the Arts of Peace in Washington D.C.
The American Buffalo represents North American Heritage
The American Bison which is portrayed on the obverse of the American Buffalo coin is a species that once roamed freely on the grasslands of North America. Due to the excessive commercial hunting of the American Bison, also referred to as the American Buffalo, the animal was almost wiped out in the 19th century in the United States. Luckily, the species has recently made a comeback thanks to a few national parks and restricted private reserves.
By witnessing the growing popularity of other countries’ 24 karat gold bullion coins, of which Canada’s Maple Leaf and Austria’s Philharmonic gold coins are good examples, the United States Mint decided to issue for the first time in its history its own version of a .9999 fine legal tender gold coin. Until 2006, the only American legal tender gold bullion coin available for purchase was the gold American Eagle which, unlike the Gold Buffalo, is a 22 karat coin and is made of gold and a copper - silver alloy. The introduction of the gold American Buffalo coin was also a historical moment for the United States Mint which for the first time issued two separate legal tender gold coins that contained different gold purities.
Product weight in grams
31.10659
Gold weight in grams
31.10348
Fineness
999.9
Gold weight in troy ounces
1
Diameter
32.7
Thickness
-
Face value description
$50
Manufacturer
The United States West Point Mint, United States
Obverse
The obverse portrays a Native American who, according to the designer James Earle Fraser, was created by combining the facial characteristics of three American Indian tribal chiefs. The text “LIBERTY” is also imprinted on the obverse, as is the year of mintage and the designer’s initial “F”, which stands for Fraser.
Reverse
The reverse displays an American Bison, also referred to as the American Buffalo. Above the Buffalo is the engraving “UNITED STATES OF AMERICA” and the Latin words “E PLURIBUS UNUM” which translates as “one out of many”. Inscribed below the Buffalo are the words “IN GOD WE TRUST”, the nominal face value of $50, the weight, and the purity of the coin.
Packaging
Each coin is individually packaged in a hard plastic capsule. Multiples of 20 are available in original mint-sealed tubes.
Delivery
When you place an order through our online store, you can choose to have your products delivered by FAN Courier or to pick them up in person at one of our offices in Bucharest or Cluj.
Delivery by FAN Courier: after we have received and confirmed your payment, the products will be shipped within 24 hours. The delivery time is within 1-5 business days. FAN Courier will contact you by phone.
Pick-up from Tavex offices: you are welcome to come and collect your products at one of our offices in Bucharest or Cluj, on the same day we have received your payment.
In both cases, you must bring a valid ID to collect the products. Please note that the payer, customer and recipient must be the same person.
Insurance
The package is fully insured and, in the extremely unlikely event that the package is lost or damaged, we will resend the items or refund your money.
Packaging
Products are wrapped in protective packaging and placed in a discreet, unbranded package.
Shipment Tracking
Once the products have been packaged and dispatched, you will receive instructions and a code to track the shipment.
Delays
In the event of a delay in delivery, or if the product you ordered is out of stock, we will always contact you by email to provide you with delivery details.
Shipping Cost
Tavex provides fast, easy and secure shipping for all orders placed online. For orders with a total value of over 100 lei, shipping is free.
High stock availability
Most Tavex products are always in stock and therefore Tavex can deliver quickly and pick up on the same day at top prices on the market. Tavex is the official partner of the world’s largest mints, such as Perth Mint Australia, Austrian Mint (Münze Österreich), China Great Wall Coins Investments Ltd., PAMP Suisse and Valcambi refineries – market leaders in gold bullion production – but also of many other gold refineries and dealers.
Same-day product pickup
You can visit of our offices to benefit from a free consultation or to find out more details about a specific product. If you purchase online, you can pick up your purchased products on the same day that the payment is processed.
Low prices
Thanks to over 25 years of experience and large transaction volumes, Tavex can offer you the best prices on the market. At the same time, you can maximize your return on investment due to the low margins and spreads operated by Tavex.
