About the 2007 $50 Gold American Buffalo
If you're looking for the highest-quality gold bullion coin the United States government produces, you can't go wrong with the 2007 $50 Gold American Buffalo. Containing 1 Troy oz. of .9999 fine gold backed and guaranteed by the American Government, this coin offers a straightforward way to build the backbone of any precious metal portfolio.
The obverse of the coin is a replica of James Earle Fraser's Buffalo Nickel first produced in 1913. The reverse features a portrait of the massive bison known as Black Diamond, who was on display in the Central Park Zoo in the early 1900s. Thus, owning one of these coins is also an opportunity to own a stunning piece of American history.
What makes this coin a good buy?
Gold Buffalos offer the easiest, most straightforward way to own hard money. This asset will always be worth the value of the extremely high-quality gold inside. As a hedge against inflation or catastrophic currency collapse it can't be better: it can be used as a medium of exchange without complication.
As for the future value of this coin, plan on holding it for ten years or more to allow it to mature. Over ten year periods the worth of gold tends to make impressive gains. And because this coin comes to you in brilliant uncirculated condition, it is well-positioned to hold value to collectors in the future.