The American Gold Buffalo was released first by the US Mint in 2001 for investors seeking the ultimately pure gold bullion coin. As a 24-Karat, .9999 Fine Gold coin, the Buffalo is prized by investors for its brilliant appearance and rich design. Because the content of the Gold Buffalo is backed by the United States government, the Gold buffalo is highly liquid and easily sold or converted into cash anywhere in America.
Like the American Gold Eagle, the Gold Buffalo is a $50 legal tender American coin. Buffaloes are typically sold by the Mint in plastic sheets of 20 coins, rather than in coin rolls.