American Buffalo Gold Coin Fake

A genuine one ounce american eagle gold coin is on the left.

American buffalo gold coin fake.

The forgeries were only discovered after one. The coin is based on the iconic design by james earle fraser for the 1913 buffalo nickel. Pure 24k gold. It was the first one ever struck using 9999 that s four nines.

Avoid this gold coin scam. This modern 24k us gold coin has its obverse or front of the gold coin stamped with the profile of a native american. American buffalo gold coin design. The 2011 w american buffalo 1 ounce 9999 gold bullion coin appears to be a favorite target of counterfeiters.

Forged gold coins are on the rise. This was the first time ever that the united states. It quickly became extremely popular among investors and collectors because of its historical design. The original 50 buffalo gold piece is america s purest gold coin ever.

The 1 ounce gold proof 2011 w american buffalo 50 gold coin illustrated is counterfeit as is the ngc holder and the label on which the grading information is imprinted. The american buffalo also known as a gold buffalo is a 24 karat bullion coin first offered for sale by the united states mint on june 22 2006 and available for shipment beginning on july 13. Images courtesy of coin. In recent years it seems that technological advancements are helping counterfeiters to ramp up production of fake bullion.

He is said to be a mixture of 3 chiefs from different. It pays to know the design features of the genuine coin. The coin follows the design of the indian head nickel and has gained its nickname from the american bison on the reverse side of the design. In 2012 a major scandal hit new york city s diamond district when fake 10 ounce gold bars were sold to a number of dealers in the area.

Counterfeits of the gold bullion coin as well as grading service holders are known. The two minute ad starts off with a neighborly male voice telling you. The united states mint first introduced the gold american buffalo 1 oz 9999 fine gold coin in 2006.