American Buffalo Gold Coin Fake
Avoid this gold coin scam.
American buffalo gold coin fake. The item on the right is a counterfeit that fooled an elderly investor who spent 84 000 to unsuspectingly purchase fake gold bullion. Its design was based on the famous buffalo nickel of 1913 to 1938. It was the first one ever struck using 9999 that s four nines. American buffalo gold coin design.
The american buffalo gold coin s is a throwback modification of james earle frasers indian head nickel design issued from 1913 to 1938. It quickly became extremely popular among investors and collectors because of its historical design. The coin is based on the iconic design by james earle fraser for the 1913 buffalo nickel. It pays to know the design features of the genuine 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. The forgeries were only discovered after one. This was the first time ever that the united states.
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 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. This modern 24k us gold coin has its obverse or front of the gold coin stamped with the profile of a native american.
A genuine one ounce american eagle gold coin is on the left. Pure 24k gold. The 2011 w american buffalo 1 ounce 9999 gold bullion coin appears to be a favorite target of counterfeiters. The original 50 buffalo gold piece is america s purest gold coin ever.
Images courtesy of coin. 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. The united states mint first introduced the gold american buffalo 1 oz 9999 fine gold coin in 2006.