The images on the obverse and reverse of the coin are the same as those on the 1913 nickel. These were created by the noted sculptor James Earle Fraser. The obverse of the coin features the head of a Native American tribal chief and is modeled on three different individuals – Chief Two Moons of the Cheyenne and Chief Iron Tail of the Lakota Sioux. The third person remains unknown. The reverse of the coin shows the American Buffalo and is thought to be a depiction of a Buffalo in the New York zoo at that time.

These coins are offered for sale to the general public through a chain of authorized outlets including precious metal dealers, brokerage houses and banks that have chosen to participate in the sale of these coins. They may also be purchased directly from the US Mint. This is the first time that the US Mint has ever struck a .9999 fine 24 karat gold coin. The $50 coins are a simple way for members of the public to invest in 24 karat gold. Owning these coins is safe because they are legal tender and their purity is guaranteed by the government. A Certificate of Authenticity is provided to the buyer of the coins.

These coins are a great investment for those who want their savings to be in the form of a tangible precious metal. While gold prices do continue to fluctuate, historically gold investments have always prospered in the long term.

While the coins have a face value of $50, the actual retail price is dependant on the price of gold at the time of purchase and will be fixed from time to time by the US government.