The American Gold Buffalo is a 24-karat gold bullion coin produced by the United States Mint. It was first introduced in 2006 and is the first 24-karat gold coin ever minted by the U.S. government for public circulation. The design of the American Gold Buffalo is based on the original Buffalo Nickel, which was first issued in 1913 and featured a Native American chief on the obverse and an American buffalo on the reverse.
American Gold Buffalos are available in several denominations, including 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz, with the 1 oz coin being the most popular. The coins are highly sought after by both collectors and investors due to their high level of purity and the historical significance of the design. The value of American Gold Buffalos is primarily based on the market price of gold, but the rarity and condition of individual coins can significantly affect their value.