Description
2010 1 oz American Gold Buffalo NGC Proof 70
The 2010 1 oz American Gold Buffalo is a highly esteemed bullion coin from the United States Mint, known for its stunning design and high gold content. This particular coin is graded Proof 70 (PF70) by the Numismatic Guaranty Corporation (NGC), indicating it is in perfect condition with no imperfections under 5x magnification. Below are the key features and details of this coin:
General Information
Weight and Purity: The coin contains 1 troy ounce of 99.99% pure gold, making it one of the purest gold coins available.
Minting Location: It is produced by the United States Mint, a reputable and trusted source of high-quality bullion coins.
Design
Obverse: The obverse design features a detailed profile of a Native American chief, created by sculptor James Earle Fraser. The design is based on a composite of three Native American chiefs, giving it a rich cultural significance. Inscriptions include “LIBERTY” and the year of issue, “2010.”
Reverse: The reverse depicts an American buffalo (bison), also designed by James Earle Fraser. This iconic image is modeled after Black Diamond, a bison that lived in the Central Park Zoo in the early 20th century. Inscriptions include “UNITED STATES OF AMERICA,” “E PLURIBUS UNUM,” “IN GOD WE TRUST,” and the coin’s weight and purity.
Unique Features
Proof Finish: The proof finish is characterized by its high-quality, mirror-like surfaces and sharp details. This finish is achieved through a specialized minting process involving polished dies and planchets.
Perfect Grade: The NGC PF70 grade denotes a flawless coin with no visible imperfections, making it highly desirable among collectors.
Investment and Collectibility
Collector Appeal: The perfect PF70 grade, combined with the iconic design and high purity, makes this coin highly sought after by collectors. Its flawless condition and proof finish enhance its visual appeal and value.
Investment Potential: As a 1 oz gold coin with a purity of 99.99%, it holds significant intrinsic value. The PF70 grade further enhances its investment potential, as coins in perfect condition tend to appreciate over time.
Certifications
NGC Certification: The coin comes with a certification from the Numismatic Guaranty Corporation (NGC), a leading third-party coin grading service. The certification guarantees the coin’s authenticity, condition, and quality.
Preservation and Storage
Protection: To maintain its pristine condition, the coin is encapsulated in a protective holder by NGC. This holder protects the coin from environmental factors and handling damage.
Handling: It is recommended to avoid handling the coin directly. If handling is necessary, use gloves to prevent fingerprints and other contaminants from coming into contact with the coin.
The 2010 1 oz American Gold Buffalo NGC Proof 70 is a remarkable coin that combines the historical and cultural significance of its design with the intrinsic value of pure gold. Its perfect grade and proof finish make it an exceptional addition to any collection or investment portfolio.