2007 1 OZ AMERICAN GOLD BUFFALO NGC70

Description

• Overview:
  • Series Background: The American Gold Buffalo coin was first introduced in 2006 as the first .9999 fine gold coin issued by the United States Mint. It pays homage to the classic Buffalo Nickel designed by James Earle Fraser, making it not just an investment but also a piece of American numismatic history.
  • Significance: The 2007 edition continues this tradition, offering investors and collectors a coin that combines the intrinsic value of gold with exquisite design.
• Design:
  • Obverse: Features a profile of a Native American, which was inspired by Fraser’s design for the Buffalo Nickel. The figure represents a composite of three chiefs: Iron Tail (Lakota), Two Moons (Cheyenne), and John Big Tree (Seneca). It’s inscribed with “LIBERTY” and the coin’s date, “2007.”
  • Reverse: Depicts the iconic American buffalo (also known as an American bison) standing on a mound, with inscriptions including “UNITED STATES OF AMERICA,” “E PLURIBUS UNUM,” “IN GOD WE TRUST,” “1 OZ.,” “.9999 FINE GOLD,” and “100 DOLLARS.”
• Specifications:
  • Weight: Contains 1 troy ounce of .9999 fine gold, which is the highest purity standard for gold coins, ensuring maximum value and quality.
  • Diameter: Approximately 32.7 mm, designed to be substantial yet manageable for collection or investment purposes.
• Certification:
  • NGC70: This coin has been graded as Perfect Proof 70 (PP70) by the Numismatic Guaranty Corporation (NGC), indicating it’s in perfect condition with no visible imperfections under 5x magnification. This grade is the highest possible for a proof coin, significantly enhancing its collectible value.
• Investment and Collectibility:
  • Value: Beyond its gold content, the NGC70 grade adds considerable numismatic value due to the coin’s flawless condition. The Buffalo design, combined with its high grade, makes it highly sought after by collectors and investors alike.
  • Rarity: While the American Gold Buffalo isn’t rare in terms of mintage, finding a specimen in perfect condition like this is rarer, which increases its desirability and potential value.
• Cultural and Historical Significance:
  • The design not only honors Native American culture but also symbolizes the American West and the nation’s heritage. The buffalo, in particular, is a powerful emblem of America’s wildlife and frontier spirit.
• Market Sentiment:
  • Collectors often discuss the beauty of the Buffalo design, the coin’s condition, and its significance as one of the few .9999 pure gold coins from the U.S. Mint. Its perfect grade makes it a centerpiece for collections.