Gold Buffalo

Announcing the 2010 $50 Gold Buffalo Tribute Proof, a special commemorative release from the Nation Collector’s Mint. It is the purest gold coin ever made by the U.S. government and the very first U.S. coin ever struck using .9999 pure 24 kt gold. The design of this amazing $50 Gold Buffalo Coin is based on the famous Buffalo nickel [...] Read Full Story

The American buffalo coin has a history that goes back to as far as the year 1913 when it was first produced by the US Mint. Just three years ago, the American buffalo coin saw an end to its mass production, but a coin very similar to its design came into being: the American buffalo gold coin. The American buffalo gold coin is created by the US mint, consists of 24 karat gold, and was first produced in the summer of 2006. People are choosing to make an investment in these stunning coins, not only because of their striking designs, but because they contain ... Read Full Story

The 2009 American Buffalo Gold Proof coin went on sale yesterday, October 29. Based on the average price of gold for the period being $1,050.28, the coins were priced at $1,360 each, with no order limits or announced mintage limit. The current spot price of gold is $1,037.50, which could mean a price drop of $50 is in the future for this coin. No sales figures will be out for at least a few days, but since the Mint’s site didn’t crash the way it did with the launch of the Lincoln Chronicles set, it’s safe to say the demand has been more moderate. ... Read Full Story

The Mint announced today that the 24-karat American Buffalo Proof gold coin will begin sales on Thursday, October 29 at 12:00 pm Eastern Standard time. If gold remains between $1,050 and $1,099.99 per ounce, the coins will be priced at $1,360 each. There is no order limit and no announced mintage limit, apparently the Mint is not suffering any shortage of 24-karat blanks, in contrast to the 22-karat blanks used for the American Eagle coins. Demand seems likely to be high for this coin! This could mean the production figures for this coin will be relatively high, which in turn could limit the secondary ... Read Full Story

With the gold prices soaring at record highs and the U.S. economy in turmoil, smart investors are turning to gold to hedge against the falling U.S. dollar. Some would think solid gold bars are the most reliable and cost effective method of owning gold. However, gold coins actually are better option in terms of protecting against deflation and financial uncertainties. Gold coins typically cost slightly more than their gold content value (spot price), because a small premium or markup (4% to 10%) would be added for minting and distribution cost. But gold coins are easier to trade and manage than gold bars because of ... Read Full Story