Tuesday, August 15, 2006
Buffalo Stampede
One of the things I remember doing with my dad when I was a child was looking through the collection of special coins that he kept in a metal tobacco tin. He would show me each one and tell me its story. Dad especially prized his silver half dollars that pictured John F. Kennedy since he had campaigned for him in college. Dad’s coins were all special to him for various reasons. I do not know whether the collection was of much value, but I still recall the pleasure he took in revisiting those coins.
Coin collecting is a hobby that never goes out of style. This year, the United States Mint has produced a very special coin, the 2006 American Gold Buffalo. The gold buffalo is reminiscent of the buffalo nickel minted in 1913 and cherished today. If you are looking to invest in a new coin, the gold buffalo is the one to acquire. Even if you are not a coin collector, the gold buffalo is an excellent investment.
The beautiful gold buffalo is special in part because it is the first 24-karat gold coin ever to be minted in the United States. The front side shows a full buffalo in profile. The reverse side of the gold buffalo pictures an Indian’s head in profile. The denomination, $50, is imprinted on the front. Also imprinted are the weight of the coin and its quality. The gold buffalo coins are not in circulation, but they are available online and are ready to be shipped.
Any collector would be delighted to own a gold buffalo. With its sentimental nod to the famous 1913 buffalo nickel and its distinction of being the only U.S.-minted gold coin in history, the gold buffalo represents a valuable addition to any collection.
