2022 NGC MS-70 First Day of Issue 1 oz American Buffalo Gold Coin
The US Mint introduced Gold Buffalo Coins to the bullion market in 2006, marking them the nation's first official 24k gold coin.
Each Gold Buffalo coin weighs 1 Troy oz and is made of 99.99% pure gold. It features the iconic Indian Head design by James Earl Fraser, first created in 1913 to honor America's heritage.
At SD Bullion, you can find 2022 1 oz American Gold Buffalo Coins, including those acquired from the US Mint on their official release day and certified by NGC as MS-70 samples.
Coin Highlights
- Evaluated, encapsulated, and graded as perfect MS-70 coins by NGC;
- Produced by the US Mint;
- Among those purchased on day #1 of public availability;
- Contains 1 oz of .9999 pure gold;
- Holds a face value of USD 50, backed by the US Government;
- The obverse showcases the Native American Chief;
- The reverse features the American Bison or the Buffalo.
The Design
The obverse showcases James Earl Fraser’s Native American Chief design, which consists of 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.
A giant American Bison in an upstanding depiction occupies the reverse side, covering most of the surface, resembling a Buffalo. Hence, the coin’s moniker.
It features 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 First Day of Issue coin
Coin grading services like NGC - Numismatic Guaranty Company appraise and grade coins using the Sheldon Scale, which ranges from 1 to 70, depending on their condition.
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.
According to NGC, “First Day of Issue” corresponds to a coin purchased from the US Mint on the very first day of its official release and submitted to NGC appraisal.
Buy 2022 NGC MS-70 First Day of Issue 1 oz American Buffalo Gold Coins at SD Bullion
Include 24k gold coins in your gold holdings.
Shop 2022 NGC MS-70 First Day of Issue 1 oz American Buffalo Gold Coins online from SD Bullion.
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