2011 NGC MS-70 Early Releases 1 oz American Buffalo Gold Coin
In 2006, the US Mint released the first 24k gold coin of the US. Composed of 1 troy ounce of 99.99% pure gold, it showcases the iconic Indian Head design by James Earl Fraser, originally introduced in 1913, celebrating America's historical legacy and craftsmanship.
These US Gold Buffalos, in particular, were purchased from the US Mint within 30 days of their official release and submitted to NGC appraisal.
SD Bullion offers 2011 1 oz American Gold Buffalo Coins, graded as MS-70 coins and sealed in NGC slabs.
Coin Highlights
- Evaluated, encapsulated, and graded as perfect MS-70 coins by NGC;
- Produced by the US Mint;
- Purchased within 30 days of its official release;
- Contains 1 oz of .9999 pure gold;
- Holds a face value of USD 50, backed by the US Government;
- The obverse portrays the Native American Chief;
- The reverse depicts the American Bison or the Buffalo.
The Design
James Earl Fraser’s Native American Chief portrayal features the obverse design. It depicts a right-profile bust that combines traces from Native American tribes: the Big Tree, the Iron Tail, and the Two Moons.
It includes the word “LIBERTY” in front of the Native’s forehead, the year of mintage, and an “F,” referring to the artist’s initials.
The reverse depicts a giant American bison, upstanding in that it covers most of the surface and resembles a buffalo.
It also contains the engravings “UNITED STATES OF AMERICA,” “E PLURIBUS UNUM,” “IN GOD WE TRUST,” “$50,” and “1 OZ .9999 FINE GOLD,” referring to the coin’s denomination, weight, fineness, and metal content.
An NGC MS-70 Early Releases coin
Third-party services like NGC—Numismatic Guaranty Company—appraise and grade coins using the Sheldon Scale, which ranges from 1 to 70, depending on their condition.
According to NGC, “Early Releases” refers to coins purchased from their original mint within the first 30 days of their official release and submitted to NGC appraisal.
MS means Mint State, referring to coins fabricated with the same shape as a popular business coin that remained uncirculated. 70, the highest grade on the scale, is for a coin with no visible flaws.
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