Slabbed One Ounce Gold Buffalo 2007 (MS69)
Description Slabbed One Ounce Gold Buffalo (MS69) dated 2007. There was a grading system from the 1940s that ascribed a number between 1 and 70 to each coin (70 being mint condition). Dr William Sheldon’s scale worked on the basis that a coin graded at 70 would be valued at 70 times more than the value of a coin graded at 1. This scale forms the basis of the grading system today. **MS** stands for Mint State, a term used to indicate that the coins are the same issue as circulated coins, but in good enough condition to fall between 60 and 70 on the Sheldon scale. The coins are slabbed to maintain the condition in a protective case. Buffalo coins are produced by the American mint and were issued for the first time in 2006. It was an alternative to the 1oz American Eagle, to cater for those who prefer 24 carat gold coins, with a face value of $50. The Slabbed Buffalo coin depicts a Native American in profile on the obverse and a buffalo on the reverse. All of our slabbed and graded coins are verified for authenticity by our experienced team. Any coins that fall short of our quality standards are not re-sold. As members of the [BNTA](http://www.bnta.net/) we ensure that our reputation as a reputable dealer of gold and silver coins and bars is upheld, whether a purchase is for our “best price” or brand new coins. Our guide to slabbed and graded coins can be found [here](https://www.atsbullion.com/guides/coin-grading-and-slabbing/).