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2001 Silver Buffalo Buying Guide

August 26, 2010 by  
Filed under Silver Coins

2001 silver Buffalo coin is a strikingly beautiful commemorative coin. Commemorative coins are those coins issued to honor some American events, people, places or causes. Although commemorative coins have legal tender value, they are not released for regular circulation purpose. Commemorative coins are produced in limited quantity and only available for a limited time, making them especially popular among collectors or investors.

2001 silver Buffalo coin was issued to the public by the U.S. Mint on June 7, 2001. A total of half million silver Buffalo coins were minted and were sold out in three weeks. The silver Buffalo coin was minted to celebrate the opening of National Museum of American Indian of the Smithsonian Institution. The design of Silver Buffalo coin is a replica of the famous 1913 Buffalo Nickel by James Earle Fraser (1876-1953). The face side of the coin portrays a Native American Chief and the word “Liberty.” The back side design is an American bison standing on a mound of dirt, which many people believe is based on Black Diamond, a real-life buffalo of the New York Bronx Zoo. Bison has been closely linked to the lives of Native Americans, who hunted bison and used the carcass for everything from shelter and food to needles and cooking implements.

The 2001 silver Buffalo coin is 90% silver and 10% copper, with a face value of $1 US dollar. There are two versions of silver Buffalo coins. The Proof version is minted in Philadelphia, PA, with a “P” Mint Mark inscribed on the coin. The uncirulated version of silver Buffalo coin is minted in Denver, CO, with a “D” Mint Mark incribed on the coin.

Because of a great demand of the 2001 silver Buffalo coins among collectors and investors, there are some counterfeits in the market selling as the real thing. Besides numberous differences in the coin appearances and details between the authentic and fake ones, you can also weight the coins, or check coin sizes and thickness. You can also subject it to the magnet test. A silver coin won’t be attracted to the magnet, but a fake steel coin would. Before you decide to purchase a silver Buffalo coin, remember to ask for a certificate of authenticity.

There are many sources to buy 2001 silver Buffalo coin today. can visit local coin shops, or order from mail catalogs. In my opinion, however, the best place to purchase silver Buffalo coin is online. The accessibility of the internet has made buying coins much easier than it ever was before. Online auction sites such as Silver Buffalo Coin offer a wider selection and up-to-the-minute deals comparing to the traditional coin retail shops. Always remember to buy from a reputable seller when shopping silver Buffalo coin online. You can look up the sellers’ feedback scores, or carefully read the comments from previous customers to determine if the seller is relaible or not.

I recommend you checking out Buy Buffalo coin. It is a specialized Buffalo Gold Coin for Sale site, offering a great selection of American gold Buffalo coins, silver Buffalo and Buffalo Nickels for sale. This website makes finding your dream American Buffalo Coin a million times easier. Be sure to try this website before you buy.

Wilson Snyder is a freelance writer. Learn more about 2001 Silver Buffalo Buying Guide at Buy Buffalo coin.

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