Items replicating the design of the United States Mint’s 24-karat gold bullion coin, featuring James Earle Fraser’s iconic depiction of an American bison on the reverse and a Native American portrait on the obverse, are often created for collecting, investment, or novelty purposes. These items are not official legal tender but aim to capture the aesthetic appeal of the original coin. A common example is a gold-plated base metal round bearing the same imagery.
The appeal of these replica items stems from the widespread recognition and artistic merit of the original coin’s design. For some, these reproductions offer a more accessible way to own a piece reminiscent of American numismatic history. Moreover, these reproductions provide a tangible connection to the legacy of the American West and its indigenous populations, as represented by the coin’s imagery. They also serve as alternatives for those who may not be able to afford the often-high price of the genuine gold coin.