Gold Buffalos are a popular type of gold bullion coin produced by the United States Mint. Here’s a detailed breakdown of what Gold Buffalos are and how they differ from other gold bullion coins:

1. Composition and Purity: They are made from 24-karat gold, which means they contain 99.99% pure gold. This high level of purity sets them apart from many other bullion coins, such as the American Gold Eagle, which is composed of 22-karat gold (91.67% pure) and includes alloy metals for durability.

2. Design: The design of the Gold features an iconic image of a Native American on one side and an American bison on the reverse side. This design is based on James Earle Fraser's famous Indian Head nickel, making it distinct compared to other bullion coins that often feature different national symbols or historical figures.

3. Weight and Denominations: They are coin that weighs one troy ounce (31.1 grams), although their market value is typically much higher due to their gold content. In contrast, some other bullion coins come in various weights or denominations.

4. Legal Tender Status: They are considered legal tender in the United States; however, their actual value is determined by the current market price of gold rather than their face value.

5. Market Demand: The demand for Gold can vary based on collector interest and market trends; however, their high purity makes them particularly appealing to investors looking for quality assets in precious metals.