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The American Buffalo silver dollar is a commemorative silver dollar issued by the United States Mint in 2001. [1] The coin commemorates both the National Museum of the American Indian and the Buffalo nickel, the latter serving as the basis for the dollar's design. The coin was authorized by Pub. L. 106–375 (text).
The design of the American Buffalo gold bullion coin is a modified version of James Earle Fraser's design for the Indian Head nickel (Type 1), issued in early 1913. After a raised mound of dirt below the animal on the reverse was reduced, the Type 2 variation continued to be minted for the rest of 1913 and every year until 1938, except for 1922, 1932, and 1933 when no nickels were struck.
Under United States law, coins that do not meet the legal tender requirement cannot be marketed as "coins". Instead, they must be advertised as rounds. [3] Bullion coins are typically available in various weights, usually multiples or fractions of 1 troy ounce, but some bullion coins are produced in very limited quantities in kilograms or heavier.
Coin Obverse design ... $1: American Buffalo dollar: Buffalo nickel obverse ... 993,589 S (silver) $1: Native American "Agriculture" dollar: Sacagawea:
You may have heard of the Saint Gaudens Double Eagle 1933 which sold for a record-breaking $7.59 million at an auction, and other valuable coins that have been sold for more than a few silver dollars.
In 2024, Stack’s Bowers hosted auctions in both the U.S. and Europe that featured coins selling for $1 million or more. Explore More: These 11 Rare Coins Sold for Over $1 Million
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