2008 W $50 1 oz Gold Buffalo NGC MS70

in #steemsilvergold5 years ago (edited)

There are over 10,000 of these perfect condition coins, but it is still the most valuable coin I have posted to SteemIt. I bought this as a long-term store of value after the pop of the crypto bubble in December 2017. We will see what happens with the price of gold.

Now, let's take a look at the front:

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Here is some info from the NGC page on the coin:

The proof version of the American Buffalo Gold Coin debuted in 2006, containing one ounce of 24-karat. The Presidential $1 Coin Act of 2005 authorized the coin's production, creating history by making it the first-ever pure (.9999 fine) 24-karat gold coin minted for the public.

The coin's obverse and reverse designs feature images by noted American sculptor James Earle Fraser, a student of Augustus Saint-Gaudens, for America's 5-cent coin (nickel).That Indian Head, or Buffalo, nickel was launched in 1913 and showcases the native beauty of the American West.

The depiction on the coin’s obverse is believed to be based on three different American Indians, of which Fraser named Chief Iron Tail of the Lakota Sioux and Chief Two Moons of the Cheyenne before his death. The bison on the coin’s reverse is believed to be modeled after Black Diamond, a popular attraction at the New York Zoological Gardens.

And the reverse:

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Both the proof and uncirculated American Buffalo Coins feature designs based on the classic 1913 nickel. The "W" mintmark of the United States Mint at West Point is inscribed on the coin's obverse along with the word "Liberty" and year. Inscriptions on the reverse include the face value and weight 1

Some info from NGC:

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Thanks for looking! Enjoy your Sunday.

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Beautiful coin urbanist — surely an excellent store of value while also providing insurance and aesthetic pleasure. 🤟🤩

That's a sick coin

Great coin. I have two unslabbed ones.

Those would be cool to see