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Inventory:
1 In Stock
- Product ID: 53038
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| Metal/Chg | Bid | Ask |
|---|---|---|
| Updated: 12/21/24 06:08:01 | ||
Gold
 29.19
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$2,622.00 | $2,636.35 |
The Certified 2017-W Proof Gold Buffalo, graded PR70 by PCGS with the coveted Black Diamond First Strike designation, is a modern masterpiece of American numismatics. This coin belongs to the American Buffalo series, which was introduced in 2006 by the United States Mint. The series is notable for being the first to offer 24-karat gold coins, composed of .9999 fine gold, to U.S. collectors and investors. The Gold Buffalo series pays homage to one of the most iconic designs in American coinage history, the Buffalo Nickel, which was originally struck between 1913 and 1938. The introduction of the Gold Buffalo was intended to provide U.S. investors with a high-purity gold coin that could compete with international products like the Canadian Maple Leaf and the Chinese Panda, both of which feature similarly high gold purity. The Proof version of the Gold Buffalo, such as this 2017-W example, is especially prized for its stunning mirror-like finish and sharp, detailed strike.
The obverse of the 2017-W Proof Gold Buffalo is based on the original design by sculptor James Earle Fraser, who created the artwork for the Buffalo Nickel. The obverse features the profile of a Native American chieftain, a composite of several Native American leaders Fraser encountered during his travels in the American West. This powerful and dignified portrait captures the noble and enduring spirit of America’s indigenous peoples. The design is rendered in exquisite detail, with every strand of the chieftain's hair and each line in his face crisply struck on the high-relief surface. Above the portrait, the word "LIBERTY" is inscribed, while the date "2017" is located just below the neck of the Native American. A small "W" mintmark appears below the date, indicating that the coin was struck at the West Point Mint, renowned for producing some of the finest proof coins in the world. The surface of the proof coin boasts a rich contrast between the frosted elements of the design and the deep, reflective background, enhancing the visual appeal and creating a sense of depth that draws the eye to every detail.
The reverse of the 2017-W Proof Gold Buffalo is equally iconic, showcasing the majestic image of a bison, commonly referred to as a buffalo. This design, also crafted by James Earle Fraser, was modeled after "Black Diamond," a famous buffalo that resided in the Central Park Zoo in New York City during the early 20th century. The image of Black Diamond standing stoically atop a mound of dirt has become synonymous with America’s rugged frontier spirit. The bison's fur is intricately detailed, with the proof coin’s strike bringing out every curve and texture, making the animal appear almost lifelike. Above the bison, the words "UNITED STATES OF AMERICA" curve along the top edge of the coin, while the denomination "ONE OUNCE .9999 FINE GOLD" is inscribed below. The mottoes "E PLURIBUS UNUM" and "IN GOD WE TRUST" are also prominently featured on the reverse, reinforcing the coin’s status as both a monetary instrument and a symbol of national pride.
The 2017-W Proof Gold Buffalo was struck at the West Point Mint, a facility known for producing the highest quality bullion and collector coins for the U.S. Mint. The "W" mintmark on the coin’s obverse indicates its origin at West Point, a hallmark of excellence in modern American coinage. Proof coins, like this one, are struck using specially prepared dies and planchets, ensuring that each coin has a flawless finish with sharp, detailed features and a highly polished background. The Proof Gold Buffalo coins are struck in limited quantities each year, and the 2017 issue was no exception. With a total mintage of just 15,810 pieces, the 2017 Proof Gold Buffalo is relatively scarce, adding to its desirability among collectors.
The First Strike designation awarded by PCGS means that this coin was among the first produced in 2017, within the first 30 days of the coin’s release. First Strike coins are highly sought after by collectors because they are believed to have crisper details and stronger strikes, as they are made using fresh dies. The Black Diamond designation further enhances the coin’s collectability, referencing the buffalo that inspired the reverse design. Black Diamond was a prominent figure in the early 1900s, symbolizing the strength and resilience of America’s wildlife and the untamed beauty of its western landscapes. The Black Diamond label, combined with the perfect PR70 grade, makes this 2017-W Proof Gold Buffalo an especially desirable coin for both investors and collectors.
The PR70 grade from PCGS signifies that this coin is in absolutely flawless condition, with no imperfections visible even under magnification. This is the highest grade a coin can receive, making it the pinnacle of perfection for modern proof coins. The coin's surfaces are pristine, with a perfect balance of frosted devices and mirrored fields. Collectors who seek out PR70 coins do so because these coins represent the very best in terms of quality and craftsmanship. The combination of the flawless grade, the First Strike designation, and the Black Diamond label makes this coin stand out as a top-tier example of the Gold Buffalo series.
The 2017-W Proof Gold Buffalo, like all coins in the series, is composed of 24-karat gold, making it one of the purest gold coins issued by the United States Mint. The coin contains one troy ounce of .9999 fine gold, ensuring that it has substantial intrinsic value in addition to its numismatic appeal. The high gold purity makes the Gold Buffalo an attractive option for investors who seek to own physical gold as part of their portfolios. However, the numismatic features of the Proof Gold Buffalo, particularly the limited mintage and the perfect PR70 grade, ensure that this coin also holds significant collector value. Its status as a limited-edition proof coin with a flawless strike and finish means that it will likely appreciate in value over time, especially among collectors who value high-quality modern gold coins.
The Certified 2017-W Proof Gold Buffalo PR70 PCGS Black Diamond First Strike is a stunning example of American coinage at its finest. The combination of flawless design, expert craftsmanship, and historical significance makes this coin a standout in any collection. Its perfect grade, paired with the First Strike and Black Diamond designations, elevates it above many other modern gold coins, ensuring its desirability for both investors and numismatists. As part of the celebrated Gold Buffalo series, the 2017-W Proof Gold Buffalo reflects the rich heritage of American coin design while offering the beauty and purity of 24-karat gold, making it a true collector’s item and a timeless investment.