Product Details


 

The American Gold Buffalo

The American Buffalo, also known as a gold buffalo, is a 24-karat bullion coin first offered for sale by the United States Mint in 2006. The coin follows the greatly admired design of the Indian Head nickel and has gained its nickname from the American Bison on the reverse side of the design.

Key Highlights:

  • Contains 1 oz of .9999 fine Gold.
  • Multiples of 20 will be housed in mint issued tubes. Individual coins come in protective packaging.
  • Obverse: James Earle Fraser's classic portrait of an American Indian in profile, as first seen on the 1913 Buffalo Nickel.
  • Reverse: An American bison, adapted from the original reverse of the classic Buffalo Nickel. This image is thought to be based on Black Diamond, a buffalo living in the Central Park Zoo in the early 20th century.
  • Sovereign coin backed by the U.S. government.

Pricing Details:

Points computation: 1 coin = 10.00 points

Tier
Points required
Price
(USD)
Price/Gram
(USD)
Price/oz
(USD)
Percentage
Over Spot(ASK PRICE)
Buy/Sell
Spread
1
-
1,978.62
63.614
1,978.62
4.75%
5.44%
3
3000.00
1,976.62
63.550
1,976.62
4.64%
5.35%
5
10000.00
1,974.62
63.486
1,974.62
4.54%
5.25%

Unlock capital from your bullion with our Secured P2P Loans

  • Use this product as collateral to borrow 62.5% (1,180.56 USD) of its value
  • Current best rates for borrowing
    • 1 month loan at only 3.3% per annum (Interest: 3.20 USD)
    • 6-month loans at only 3.0% per annum (Interest: 17.71 USD)
    • 12-month loans at only 3.8% per annum (Interest: 44.27 USD)
    • 24-month loans at only 4.0% per annum (Interest: 94.45 USD)


Storage Fees

Duration Fixed Storage Fee
Per Coin
Fixed Storage Fee
Per Parcel
6 months 3.61 USD * 72.11 USD
12 months 7.21 USD * 144.22 USD
24 months 14.42 USD * 288.43 USD
36 months 21.63 USD * 432.65 USD
60 months 36.05 USD * 721.08 USD

Other Services:

Item Cost Per Coin
Transfer-in and testing 1.65 USD

* Stored in multiples of 20 coins and can be collateralized. Any unused storage will be refunded upon sellback or delivery.