WASHINGTON — The United States Mint today announced that the 2007 American Buffalo Gold Proof Coin will be available May 23, 2007, beginning at noon (ET).
Bearing the “W” mint mark of the United States Mint at West Point, the 2007 American Buffalo Gold Proof Coin contains one ounce of 24–karat pure gold (.9999). This exquisite coin is carefully produced with dies that have been polished to a mirror finish and frosted design. The American Buffalo has a $50 denomination, but its gold content is worth considerably more.
The American Buffalo was the first 24–karat pure gold coin issued by the United States for sale to the public last year. More than 251,000 American Buffalo Gold Proof Coins have been sold since their debut in June 2006.
The coin’s design is based on the original 1913 Type I Buffalo nickel by James Earle Fraser. On the obverse is a Native American profile, and the reverse features an American Buffalo, or bison.
On the obverse are the inscriptions “Liberty,” “2007,” the initial “F” for Fraser, and the “W” mint mark. The reverse carries the inscriptions “$50,” “1 oz. .9999 Fine Gold,” “United States of America,” “E Pluribus Unum,” and “In God We Trust.”
Priced at $825.95, with a mintage limit of up to 200,000 coins, the American Buffalo Gold Proof Coin will be encapsulated in plastic to protect its pristine finish. The coin is packaged in a blue United States Mint gift box and accompanied by a custom–designed Certificate of Authenticity.
To ensure the broadest and fairest access to United States Mint products, a limit of 100 units per order and per household is in effect. Accordingly, all orders for American Buffalo Gold Proof Coins will go immediately into backorder status to ensure compliance with this policy. The United States Mint may re–evaluate this limit and adjust or remove it at any time.
To order the 2007 American Buffalo Gold Proof Coin online, visit the United States Mint’s secure website at www.usmint.gov. To order by telephone, call 1–800–USA–MINT (872–6468). Hearing– and speech–impaired customers with TTY equipment may order by calling 1–888–321–MINT (6468).
As an added convenience, customers can participate in an Online Subscription Program in which specific products, such as the United States Mint 2007 American Buffalo Gold Proof Coin, are charged and shipped automatically as each year’s coin is released annually. A shipping and handling fee of $4.95 per order will be added to all orders.
The Presidential $1 Coin Act of 2005, which authorized the production of the American Buffalo Gold Proof Coin, also requires the United States Mint to produce a bullion version of the American Buffalo Gold Coin. It is available through the same network of dealers that currently sell the American Eagle Gold Bullion Coins to the public.