Nickel Indian

$20 Gold Saint Gaudens

A Priceless Coin

The American Buffalo Gold Coin is a pure gold bullion coin also known as the gold buffalo coin. Although this gold coin relies on the well-known Indian Head nickel with the American Bison on the back facet of the coin, this daring American Buffalo Gold Coin was first put up for sale in 2006, making it the first coin to ever be minted for public using pure 24-karat gold. When the coin first got here out in 2006, the proof coin was valued at $800. Right now the gold buffalo has a face value of $50. The Presidential $1 Coin Act of 2005 was accountable for the production of this coin by requiring a coin be made with a face value of $50 and content of one ounce of 24-karat gold. There have been solely 300,000 gold buffalo coins minted, making them a real collector’s treasure.

Design of the American Buffalo Gold Coin

The American Buffalo Gold Coin obtained its design from the original Indian Head nickel, which was designed by James Earl Fraser in 1913. The only changes made to the unique nickel have been to reduce among the mound of dust that’s beneath the buffalo’s ft on the reverse facet of the coin. The design of the Indian Head nickel is taken into account as one of the best designs to ever be used on any U.S. coins.

The front of the coin has a Native American going through right with a feather in his head. The word LIBERTY is on the upper proper of the coin and the date is on the decrease left nearly resting on his shoulder. Fraser had three totally different men- Chief Massive Tree, Chief Iron Tail and Chief [Two] Moons- pose for him while the coin was designed. Fraser took some of the features of all three for the design. The reverse side of the coin has an American Bison.

Legion has it that the Bison was from the Central Park Zoo in New York City and was named Black Diamond. One other story involving the Bison was that Fraser needed to have somebody distract the animal so he might draw the design in the position he was making an attempt to achieve reasonably than having the bison staring at him. It was the intense popularity and worth of the unique Indian Head nickel that made utilizing it for the American Buffalo Gold Coin such a terrific idea.

Differences between the Nickel and the Fifty Greenback Piece

The similarities between the Indian Head nickel and the American Buffalo Gold Coin have helped to make this fifty dollar piece even more popular. Nonetheless, there are some differences within the [two] designs. The nickel has the phrases FIVE CENTS on the bottom of the reverse side whereas the fifty dollar piece reads $50 1 OZ. .9999 FINE GOLD. The famous phrases which were on gold coins since 1908, IN GOD WE TRUST, are on the reverse of the gold coin beneath and to the left of the buffalo’s head.

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Very first silver nickel and Indian head penny