Sales Open for 2013 Reverse Proof Gold Buffalo | Silver Coins

Sales Open for 2013 Reverse Proof Gold Buffalo

The United States Mint has started accepting orders for the 2013 Reverse Proof American Gold Buffalo. This very anticipated offering was created to mark the 100th anniversary of James Earle Fraser’s designs appearing on the original Type I Buffalo Nickel.

Reverse Proof Gold Buffalo

The obverse style contains a profile portrait believed to be based on 3 distinct Native Americans. The two confirmed models had been Chief Iron Tail of the Lakota Sioux and Chief Two Moons of the Cheyenne. The inscriptions consist of “Liberty” in the upper proper field and the date “2013” on the shoulder. The designer’s initial seems as an incused “F” beneath the date, and the “W” mint mark for West Point seems to the left.

reverse

The reverse style characteristics an American bison, frequently referred to as a “buffalo”, modeled right after Black Diamond, a well-known attraction at the New York Zoological Gardens. Inscriptions above study “United States of America” and “E Pluribus Unum”. The motto “In God We Trust” seems in the lower left field. The mound consists of incuse inscriptions of the legal tender face value of “$ 50” and precious metal weight and fineness of “1 oz. .9999 fine gold”.

The 2013 Reverse Proof Gold Buffalo features a specific finish which has the opposite look of the traditional proof. The raised design elements appear mirrored, although the background fields seem frosted. This is the 1st time that a reverse proof finish has been employed for the series.

Each coin will be presented in an sophisticated matte finish hardwood box with a faux leather inset, along with a certificate of authenticity.

Orders will be accepting for the 2013 Reverse Proof Gold Buffalo only for the duration of a four week window beginning August eight, 2013 and ending on September 5, 2013 at five:00 PM ET. There has been no mintage limit or household ordering limit established. Production will be primarily based on buyer demand during the specified ordering window.

Pricing for the offering has been set at an initial $ 1,640 per coin. This is based on an typical market price tag of gold inside the $ 1,250 to $ 1,299.99 range. The value might be adjusted as regularly as weekly primarily based on the average market price of gold.

The 24 karat American Gold Buffalo coin series was launched in 2006. For each year, the US Mint has issued a 1 ounce bullion version and one particular ounce proof version of the coin. For a single year in 2008, the numismatic offerings have been expanded to contain fractional proofs and a range of collectible uncirculated coins.

For the duration of 2013, year to date sales for the bullion version of the coin have reached 182,500. The 2013 Proof Gold Buffalo has reached sales of 12,297 units and still remains accessible for sale.

Coin Update» US Coins

300 x 250 rodgersracing banner

Print Friendly

Leave a Reply

Your email address will not be published. Required fields are marked *