On January 22, 2006 the U.S. Mint struck 24-karat pure gold coins for the first time ever.
The Mint struck these 24-karat pure gold coins depicting one of America’s most beloved and nostalgic designs in a $50 denomination coin.The coins would depict none other than Earle Fraser’s extremely popular buffalo and Indian chief design. These coins would also be the first bullion coins which did not depict an eagle on the design. All Mint State gold Buffalo coins display an attractive satin like appearance.
Obverse: The obverse of the coins portray a delicately detailed and large magnified motif of an Indian chief. This design was composed from a combination of three Indian chiefs who posed for Earle Fraser in the early 1900’s.
Reverse: The reverse of the coin is adorned by a large and beautiful bison or what is popularly referred to as a buffalo. The buffalo is shown standing on top of a mound or the same design used to strike 1913 Type one buffalo nickels.
JJ Signature: Indicates that these PCGS coin holders were signed by 36th U.S. Mint Director Jay W. Johnson.