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2024-W  Proof American Buffalo Gold Coin Now Available from U.S. Mint

2024-W $50 Proof American Buffalo Gold Coin Now Available from U.S. Mint

The United States Mint is releasing the 2024-W $50 Proof American Buffalo Gold Coin today, with a limited mintage of 16,000.

2024-W $50 Proof American Buffalo Gold Coin –
Obverse and Reverse

Each coin, produced by the West Point Mint, is crafted from one ounce of .9999 fine 24-karat gold and features designs well-known to coin collectors. Sales begin at noon EDT.

American Gold Buffalos were introduced by the U.S. Mint in 2006 as its first coins produced in 24-karat gold, available in both bullion and proof versions. Sales of the investment-intended bullion coins reach tens of thousands annually, with the first five months of this year’s sales totaling 99,500 ounces. Collectors tend to favor the proof versions, like the one being released today, which feature frosted design elements set against mirror-like backgrounds. Sales figures for recent year proof coins are shown further below.

Coin Designs and Specifications

Designs for both the obverse (head side) and reverse (tail side) of the gold Buffalo coins are taken from the 1913 Buffalo nickel, Type 1, as originally created by sculptor James Earle Fraser. This includes the portrayal of a Native American on the obverse and a buffalo (American bison) on the reverse.

Several individuals are said to have inspired the right-facing Native American shown. The portrait is surrounded by the inscriptions of “LIBERTY” and “2024.” Also appearing is the artist’s initial of “F” and a mintmark of “W,” indicating the coin was produced at the U.S. Mint’s facility in West Point.

The reverse design serves as the source of the name of these coins. The buffalo has “UNITED STATES OF AMERICA” and “E PLURIBUS UNUM” inscribed above it, with “IN GOD WE TRUST,” “$50,” “1 OZ.,” and “.9999 FINE GOLD” below it.

American Buffalo Gold Coin Specifications

Denomination: $50
Finish: Proof
Composition: 99.99% Gold
Diameter: 1.287 inches
(32.70 mm)
Weight: 1.0000 troy ounce
(31.103 grams)
Edge: Reeded
Mint and Mint Mark: West Point – W
Privy Mark: None

Sales of Proof American Buffalo Gold Coins

The table below shows the opening price points and final (unaudited) sales for the 1-ounce proof Gold Buffalos since their introduction in 2006.


Year of Issue Opening Price Sales
2023 (released on April 13) $2,940.00 15,534 (still available)
2022 (released on May 12) $2,790.00 15,943

Fractional and reverse proof coin have also appeared in the series.

Ordering and Mintage

The 2024-W $50 Proof American Buffalo Gold Coin can be ordered directly from the U.S. Mint via their webpage dedicated to gold coins at a price of $3,240.00.

As with other U.S. Mint gold coins, the price may change weekly based on market conditions. The current price is based on gold’s average ranging between $2,300.00 and $2,349.99 per ounce.

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