A major coin and bullion dealer has recently started offering for sale a new high relief silver proof coin struck by the Perth Mint featuring the American Buffalo.
The reverse design features a close up portrait of an American Buffalo against an open field. The inscriptions positioned around the circumference of the field read “American Buffalo” and “One Ounce .999 Silver”. The reverse design is credited to Michael Glass.
On the obverse is the Ian Rank-Broadley effigy of Queen Elizabeth II with inscriptions “Queen Elizabeth II”, “1 Dollar”, “Tuvalu”, and “2014”.
The coins are struck by the Perth Mint in Australia and issued as legal tender under the authority of the Government of Tuvalu.
As with other Perth Mint high relief offerings, both the obverse and reverse appear to be struck on concave surfaces. Each coin is struck in 99.9% pure silver with a weight of 31.135 grams, diameter of 312.6 mm, and maximum thickness of 6 mm.
The coins are being offered by SilverTowne, available in OGP or graded Proof 69 or Proof 70 in PCGS or NGC holders. SilverTowne indicates that they are the exclusive distributor for the entire 5,000 maximum mintage.
Earlier in the year, SilverTowne had also been the exclusive distributor for a high relief silver proof coin featuring the American Bald Eagle. The coins have long since sold out the of original distribution, but examples are available on secondary markets such as eBay.