2018 $50 GOLD AMERICAN BUFFALO ANACS MS70 FIRST STRIKE
The American Buffalo or Gold Buffalo coin is a 24-karat bullion coin that was first sold by the U.S. Mint in 2006. Unlike previous American gold coinage, which has traditionally been 22-karat (or .9167 ), the American Buffalo Gold was the first coin minted of .9999 fine gold coin to be produced by the U.S. Government for public distribution. Its production was authorized by the Presidential 41 Coin Act in December, 2005. The American Gold Buffalo is minted at the United States Mint in West Point, New York. By law, all of the gold used in the production of the American Buffalo bullion coin must be from newly-mined sources within the United States.
The design of the American Buffalo is a modified version of James Earle Fraserﾒs design for the popular Americaﾒs five-cent-coin, known as the ﾓIndian Headﾔ or ﾓBuffalo Nickel,ﾔ which was minted from 1913 to 1938. The obverse side shows the profile of a Native American man, who, according to Fraser, was modeled after three different chiefs, Big Tree (Kiowa Tribe), Iron Tail (Oglala Lakota Tribe), and Two Months (Cheyenne Tribe). In addition, the obverse side features the inscription LIBERTY as well as the year of minting. The reverse side shows the silhouette of an American Bison standing on a pile of dirt in profile. The bison is supposedly modeled after ﾓBlack Diamond,ﾔ popular attraction in the New York Zoological Gardens in the early 20th century. The reverse side also features the inscriptions UNITED STATES OF AMERICA, IN GOD WE TRUST, E PLURIBUS UNUM, and $50 1 OZ. .9999 FINE GOLD.

ANACS MS70 FIRST STRIKE