American Buffalo gold coin collectors are less than one week away
from being able to purchase their latest new issue, though the amount
they’ll pay for it is not yet known.
The U.S. Mint
announced Thursday that it will begin accepting orders for the 2014 American Buffalo One Ounce Gold Proof
Coin at 12 p.m. ET on May 8. The price of the coin will be based
on the state of the precious metals market next week and where the
value of gold falls on the Mint's pricing grid.
The gold coin will feature the original James Earle Fraser designs
from the 1913 Indian Head, Bison on Mound 5-cent coin (a design also
called the Type I Buffalo nickel) — the profile of a Native American
on the obverse with the inscriptions “LIBERTY” and “F” for Fraser, and
the modern date “2014” and “W” for the West Point Mint; on the reverse
is the bison with the inscriptions “UNITED STATES OF AMERICA” and “E
PLURIBUS UNUM,” along with “IN GOD WE TRUST,” “$50,” “1 OZ.” and
“.9999 FINE GOLD.”
Each American Buffalo gold coin will arrive inside a matte-finished
hardwood box and with a certificate of authenticity.
Orders will be accepted on the Mint’s catalog webpage and by phone at
800-872-6468. (Using TTY equipment, hearing- and speech-impaired
customers can call 1-888-321-6468.) A fee of $4.95 will be added to
all domestic orders for shipping and handling.