Made of pure 24-carat gold, the American Gold Buffalo is a coin that contains exactly 31.1035 grams of pure gold. The U.S. Mint has been producing this coin since 2006, making it America’s first ever one-ounce 24-carat gold coin.

The 2022 1oz Gold Buffalo features the classic design of its series: a Native American Indian Head. The design was inspired by the portraits of prominent Native American chiefs Iron Tail (Sioux), Big Tree (Kiowa), and Two Moons (Cheyenne).

Why Buy 1oz Gold Coins?

One-ounce gold coins are a great way to invest in gold at a low premium. While a large gold bar, such as a kilo bar, may be the most cost-effective way to buy gold (cheapest price per gram), it is not always the best option.

Buying 1oz gold bullion coins allows you to divide your gold holdings into smaller fractions, making your investment more liquid and easier to convert. If you need cash in the future, you can sell a few 1oz gold coins while keeping the rest of your portfolio intact.

Therefore, it is often worth paying a slightly higher premium for the flexibility that 1oz gold coins offer, compared to holding a large gold bar that may be difficult to convert into cash.