NGC MS-70 First Day of Issue Mike Castle Signature Label 2023 1 oz American Gold Buffalo Coin
American Gold Buffalos are official 24k gold coins in the US. The US Mint first released them in 2006 as a one-ounce coin, made of of 99.99% pure gold, with regular strikes concentrated in the West Point branch.
For those who prefer certified samples, SD Bullion offers graded American Gold Buffalos. This coin, in particular, is a 2023 sample issued on the first day of production in the US Mint, sealed, and certified by the NGC as a perfect MS-70 coin.
In addition, this NGC label carries Congressman Mike Castle’s signature. Mike Castle, former Governor of Delaware and member of the US House of Representatives, is directly responsible for some of the most essential US coin programs, such as the 50 State Quarters Program, the Sacagawea Dollar, the Presidential Dollar Series, the American Platinum Eagle, America the Beautiful Quarters® Program, and others.
Coin Highlights
- Evaluated, encapsulated, and certified by the NGC as a perfect MS-70;
- The NGC seal is hand-signed by Congressman Mike Castle;
- Contains 1 oz of .9999 pure gold;
- Produced by the US Mint;
- Holds legal tender status and a face value of USD 50;
- The obverse reproduces the Indian Head coin;
- The reverse displays the American Bison, or “Buffalo”.
The Design
The obverse consists of a revamp of James Earle Fraser’s 1913 Indian Head design.
The image showcases a right-profile bust of a Native American Indian Chief, combining traces from three different tribes: the Big Tree, the Iron Tail, and the Two Moons.
The word “LIBERTY” is inscribed in front of the Native’s forehead, “2023” for the year of mintage, and an “F,” to the artist’s initials, right under the year, on the lower left.
The reverse side features an American Bison, which resembles a Buffalo, hence the moniker.
The animal is in an upstanding position. The words “UNITED STATES OF AMERICA” are engraved on top, and the motto “E PLURIBUS UNUM” lies on the animal’s lower back. A second motto, “IN GOD WE TRUST,” is near the animal’s muzzle. The information regarding the coin’s weight, metal content, purity, and denomination is beneath it: “$50,” “1 OZ .9999 FINE GOLD.”
An NGC MS-70 First Day of Issue Coin
The NGC - Numismatic Guaranty Company is a renowned third-party service that appraises and grades coins, independently of sovereign mints, using the Sheldon Grading Scale. The scale ranges from 1 to 70, and coins are ranked according to their condition.
For the NGC, a “First Day of Issue” is a coin manufactured on day #1 of mintage in the US Mint. MS stands for Mint State, which means the analyzed coin has the same shape as a popular circulation coin but remained uncirculated. Grade 70 is the highest grade on the Sheldon Scale, attributed to a flawless coin.
Buy NGC MS-70 First Day of Issue Mike Castle Signature Label 2023 1 oz American Gold Buffalo Coins at SD Bullion
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