The Gold Buffalo Coin Series

In 2006, the U.S. Mint decided to resurrect the nostalgic indian head and old world buffalo design that was used on 1913-1938 Buffalo Nickels, when it struck the 1-Ounce 2006 Gold Buffalos. The old world buffalo design has constantly been a very popular design in U.S. neologism, so it was a great option from the Mint to introduce a modern mint with a reverence design. additionally, what made the Gold Buffalo coins stand out is their 24 karat amber purity composing. This gave collectors and investors an opportunity to own american aureate coins in its highest class of purity. other countries had produced saturated gold coins for many years anterior to 2006, and this was a direction for the Mint to attract newfangled investors and collectors who were looking for arrant gold coins .
Both the 1-Ounce 2006 Uncirculated and Proof Gold Buffalos were officially offered by the Mint begin on June 22, 2016. The uncirculated coins were sold to Mint authorize purchasers at a slender premium over the smudge gold alloy price. The authoritative purchasers in tax return sold the coins to the populace at a small markup. The proof coins had a maximum authorize mintage of 300,000, and had an write out price of $ 800 each. Unlike the uncirculated coins, the validation versions could have been purchased by collectors directly from the Mint.

The mintage for the Uncirculated 2006 1-Ounce Gold Buffalo was 337,012. And the coinage for the proof mint was 246,267. That makes it over half a million 1-Ounce Gold Buffalo coins sold in the first year of issue entirely. Although the most recent mintages for the 1-Ounce Gold Buffalos are well lower than when they first came out in 2006, today the coins are still very popular amongst collectors, dealers and the populace.

From 2006 to 2007 the Mint only produced the Gold Buffaloes in a 1-ounce version. however, in 2008 the U.S. Mint introduced the Gold Buffalo coins in four different denominations and with a special bright stopping point. These included a one-tenth-ounce translation with a $ 5 appellation, a quarter-ounce adaptation with a $ 10 appellation, a half-ounce version with a $ 25 denomination and finally the 1-ounce version with the $ 50 denomination. All the 2008-W bright Gold Buffalos besides had a W mintmark. unfortunately, the fractional and burnished Gold Buffalos were merely offered in 2008.

As of 2017, the Mint has produced the 1-Ounce Gold Buffalo coins for over 10 years. There is no motion that the coins remain very popular today, as the Mint is distillery selling hundreds of thousands of them every year. Collectors and investors of this series are decidedly having a fun time collecting these coins, as they have lots of exciting features such as beautiful obverse and reverse designs. These are equitable some of the few reasons I in truth enjoy the Gold Buffalo coin series .

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