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Inventory:
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- Product ID: 53294
The 2020-W Proof Gold Buffalo, certified PF70 by NGC with the Moy signature, is an exceptional example of modern American gold coinage. The Gold Buffalo series, first introduced in 2006, was the first U.S. coin struck from .9999 fine (24-karat) gold, making it a highly significant issue for collectors and investors alike. Modeled after the classic 1913 Buffalo Nickel design by James Earle Fraser, the Gold Buffalo combines historical American artistry with the purity and prestige of modern gold bullion. The "W" mint mark on this coin signifies that it was struck at the West Point Mint, which is renowned for producing some of the finest proof coins in the U.S. Mint’s history. With a perfect PF70 grade from NGC and the added significance of being signed by Edmund C. Moy, a former U.S. Mint Director, this 2020-W Proof Gold Buffalo is a highly desirable piece for numismatists and gold investors.
The obverse of the 2020-W Proof Gold Buffalo features a detailed portrait of a Native American, modeled after a combination of three Native American chiefs who posed for Fraser’s original design in 1913. The image is bold and rugged, capturing the strength and dignity of the indigenous peoples of North America. The portrait showcases finely detailed facial features, including the intricate lines of the Native American’s hair and the texture of his skin. Above the portrait, the word "LIBERTY" is inscribed, and below it, the date "2020" is struck, along with the mint mark "W" to indicate the coin’s origin at the West Point Mint. In Proof 70 condition, the obverse exhibits flawless surfaces, with no imperfections visible under magnification. The frosted finish on the devices contrasts beautifully with the highly polished mirror-like fields, making the obverse design stand out with striking clarity.
The reverse of the 2020-W Proof Gold Buffalo features the iconic image of an American buffalo, or bison, standing on a grassy mound. This design, also created by James Earle Fraser, was inspired by Black Diamond, a buffalo that lived in the Central Park Zoo in New York during the early 20th century. The reverse is a powerful symbol of the American West and the rugged wilderness that once covered much of the United States. Above the buffalo are the inscriptions "UNITED STATES OF AMERICA" and the motto "E PLURIBUS UNUM." Below the buffalo is the denomination "$50" and the specifications "1 OZ. .9999 FINE GOLD," indicating the coin’s weight and purity. In PF70 condition, the reverse is equally pristine, with sharp details in the buffalo’s fur and musculature. The proof strike brings out the fine details of the design, giving the buffalo a lifelike appearance that adds to the overall appeal of the coin.
The Gold Buffalo series holds a special place in American numismatics as the first 24-karat gold coin issued by the U.S. Mint. Prior to the Gold Buffalo, American gold bullion coins, such as the Gold Eagle, were struck in 22-karat gold. The decision to produce a pure gold coin was in response to growing demand from investors and collectors who wanted a coin comparable to the 24-karat gold coins issued by other countries, such as Canada’s Gold Maple Leaf. Since its introduction, the Gold Buffalo has become a favorite among collectors who appreciate its high gold content, classic design, and limited mintages. The proof versions of the Gold Buffalo are especially prized for their stunning finish and low production numbers, making them a key part of any serious gold collection.
The 2020-W Proof Gold Buffalo was minted at the West Point Mint, which is known for its expertise in producing high-quality proof and bullion coins. West Point has been responsible for striking some of the most prestigious coins in modern American numismatics, and the Proof Gold Buffalo is no exception. Each coin is carefully struck multiple times using specially prepared dies to ensure that every detail is rendered with precision. The result is a flawless proof coin with mirror-like fields and frosted devices that create a stunning contrast. The West Point Mint’s reputation for excellence, combined with the 24-karat purity of the Gold Buffalo, makes this coin a standout piece in any collection.
The mintage of the 2020-W Proof Gold Buffalo was limited, as is typical for proof versions of the Gold Buffalo series. While the exact number of coins produced can vary from year to year, proof Gold Buffalos are always struck in significantly smaller quantities than their bullion counterparts, adding to their rarity and collectible value. The 2020 issue is particularly desirable due to its perfect PF70 grade from NGC, which guarantees that the coin is free from any imperfections. Additionally, the signature of Edmund C. Moy, who served as the U.S. Mint Director from 2006 to 2011, adds an extra layer of significance to the coin. Moy oversaw the introduction of the Gold Buffalo series during his tenure, and his signature on the certification label enhances the coin’s appeal to collectors who value both numismatic history and modern American coinage.
The 2020-W Proof Gold Buffalo PF70 NGC Moy signature is an exceptional example of modern U.S. coinage, combining a perfect proof strike, a classic American design, and the prestige of a former U.S. Mint Director’s signature. With its flawless surfaces, stunning proof finish, and .9999 fine gold content, this coin is a must-have for collectors of American gold coins and proof coinage. The limited mintage, combined with the added significance of Edmund Moy’s signature, ensures that this coin will remain a prized collectible for years to come. Whether for its investment value, historical significance, or sheer beauty, the 2020-W Proof Gold Buffalo is a standout piece in any collection.