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The American Gold Buffalo is a one-ounce bullion coin that was first introduced by the United States Mint in 2006. It is composed of 99.99% pure gold and has a face value of $50.
The design of the American Gold Buffalo was based on the iconic 1913 Buffalo Nickel, which featured a profile of a Native American on the obverse and an American bison on the reverse. The obverse of the coin depicts a profile of a Native American with the inscriptions "Liberty" and the year of issue. The reverse features an image of an American bison standing on a mound of dirt with the inscriptions "United States of America," "E Pluribus Unum," "In God We Trust," and the coin's weight and purity.
The American Gold Buffalo is a popular choice among both investors and collectors, with its beautiful design and high gold content. It is also eligible for placement in an individual retirement account (IRA), making it a popular option for those who want to diversify their retirement savings with precious metals.