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1901 Five Dollar Gold Coin
A Valuable Coin
The American Buffalo Gold Coin is a pure gold bullion coin also known as the gold buffalo coin. Although this gold coin is predicated on the well-known Indian Head nickel with the American Bison on the back side of the coin, this daring American Buffalo Gold Coin was first put up on the market in 2006, making it the first coin to ever be minted for public using pure 24-karat gold. When the coin first came out in 2006, the proof coin was valued at $800. Right this moment the gold buffalo has a face value of $50. The Presidential $1 Coin Act of 2005 was answerable for the production of this coin by requiring a coin be made with a face value of $50 and content material of 1 ounce of 24-karat gold. There have been solely 300,000 gold buffalo coins minted, making them an actual collector's treasure.
Design of the American Buffalo Gold Coin
The American Buffalo Gold Coin bought its design from the original Indian Head nickel, which was designed by James Earl Fraser in 1913. The only changes made to the unique nickel were to reduce a number of the mound of dust that is beneath the buffalo's feet on the reverse facet of the coin. The design of the Indian Head nickel is considered as among the best designs to ever be used on any U.S. coins.
The front of the coin has a Native American dealing with right with a feather in his head. The phrase LIBERTY is on the upper right of the coin and the date is on the lower left nearly resting on his shoulder. Fraser had three totally different males- Chief Huge Tree, Chief Iron Tail and Chief [Two] Moons- pose for him while the coin was designed. Fraser took a number of the features of all three for the design. The reverse facet of the coin has an American Bison.
Legion has it that the Bison was from the Central Park Zoo in New York Metropolis and was named Black Diamond. Another story involving the Bison was that Fraser had to have somebody distract the animal so he might draw the design in the place he was attempting to attain reasonably than having the bison staring at him. It was the extreme recognition and value of the unique Indian Head nickel that made utilizing it for the American Buffalo Gold Coin such a great idea.
Differences between the Nickel and the Fifty Dollar Piece
The similarities between the Indian Head nickel and the American Buffalo Gold Coin have helped to make this fifty dollar piece even more popular. Nevertheless, there are some variations within the [two] designs. The nickel has the words FIVE CENTS on the bottom of the reverse facet whereas the fifty greenback piece reads $50 1 OZ. .9999 FINE GOLD. The famous phrases which were on gold coins since 1908, IN GOD WE TRUST, are on the reverse of the gold coin under and to the left of the buffalo's head.
At Valueincoins.com find information about 1901 five dollar gold coin, 1882 ten dollar gold coin, and american double eagle coin.
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Frequently Asked Questions...
Could there be an asteroid or planet made of pure gold?
Just wondering. I guess according to multiverse hypothesis, it can happen.
But what I mean is not taking into account this multiverse thing.
Could there be a big asteroid or planet in our universe made of pure gold?
Answer:
No.
Gold is formed in massive stars that become supernovae. But it is formed with dozens of other elements and stays in a gaseous state until the cloud of debris projected outward by the supernova explosion encounters other gaseous debris in space that causes it to slow down and increase in density. At that point, the gaseous gold, and possibly some smaller chunks of solid gold can begin to coalesce into smaller planetoids, asteroids, and planets. But there is nothing in the chemical or physical makeup of gold that would cause only gold to clump together. Gravity is no respector of our valuation of elements. The gold, iron, manganese, silicon, lithium, and every other element found in the asteroids and planets would all come together.
In addition, just as gold is rare on earth, gold coming from a supernova would be equally as rare. We will never find a supernova that creates only gold atoms to the exclusion of all else. Most of the mass of the star that explodes will retain its state as elements with atomic masses less than that of iron. Most of the mass that is thrown off by a supernova will be hydrogen and helium. The abundance of elements found on the earth is similar to, but not exactly, like that of the elements thrown off by a supernova. We have lots of silica and iron, but very little gold, silver, and platinum. Radioactive elements with half lives shorter than a hundred million years are in short supply on Earth, except as the daughter elements of radioactive elements with longer half lives, like uranium, which eventually decays into lead.
Consider that since the beginning of history, humans have found or mined only enough gold to make a cube about 60 feet (15 meters) on a side. Assuming that that is only 1/100000th of the gold that is on, or in the Earth, all the Earth's gold would make a cube only 2800 feet on a side, about a half mile on a side (just over 1/2 of a cubic kilometer). Even assuming that that ratio of gold holds in the rest of the solar system, which has about a million times the mass of the Earth, you wind up with a volume of about 150,000 cubic miles or a sphere with a diameter of about 100 miles, a lot of gold, but a very small asteroid/planet. It would take 3.5 million of those bodies to make up the volume of the earth.
So, other than small nuggets of gold such as those found on Earth (less than 1000 pounds) there are not likely to be any larger bodies anywhere in space made entirely of pure gold.











































