Production of 24-karat American Buffalo Gold Coins was authorized by Public Law 109-145, dated December 22, 2005, known as the Presidential $1 Coin Act.
The American Buffalo Gold Coin’s obverse and reverse designs feature images by noted American sculptor James Earle Fraser, once a student of Augustus Saint-Gaudens, for America’s five-cent coin.
That popular coin, known as the “Indian Head,” or “Buffalo Nickel,” was introduced in 1913 and showcases the native beauty of the American West.
American Buffalo Gold Bullion Coins are the first .9999 fine 24-karat gold coins ever struck by the United States Mint. These $50 gold coins are available to members of the public seeking a simple and tangible way to own and invest in 24-karat gold in the form of legal tender coins whose content and purity is guaranteed by the U.S. government.
American Buffalo Gold Bullion Coins are available at many coin and precious metals dealers as well as many brokerage houses and participating banks. Pricing for precious metal investment coins typically depends on the market price of the metal. Locate a dealer–they are not sold directly by the United States Mint. – Source – USMInt.gov