30 Day Free Trial - MarketWatch Retirement Weekly
The Perth Mint Australia
 

US Mint Announces Release of Fractional American Buffalo Gold Coins

American Buffalo gold coinThe United States Mint announced today the release date for 24-karate fractional American Buffalo Gold coins. Since 2006, the Mint has only issued proof, one-ounce coins in fine .9999 gold.

On Tuesday, July 22, the Mint will offer Buffalo proof and uncirculated coins in fractional weights of one ounce, one-half ounce, one-quarter ounce and one-tenth ounce.

The will also offer a set including all four coins. In affect, the new offerings follow the Mint’s American Eagle Gold coins program.

Gold Coin Sizes/Weight, Face Value and Prices

The following table provides a list of the Mint’s upcoming American Buffalo coin sizes and prices.


Buffalo Gold Coin Size/Weight
Face Value
Price
Proof One Ounce
$50 denomination
$1,199.95
Proof Half Ounce
$25 denomination
$619.95
Proof Quarter Ounce
$10 denomination
$329.95
Proof Tenth-Ounce
$5 denomination
$159.95
Proof Four-Coin Set
N/A
$2,219.95
Uncirculated One Ounce
$50 denomination
$1,059.95
Uncirculated Half-Ounce
$25 denomination
$539.95
Uncirculated Quarter-Ounce
$10 denomination
$289.95
Uncirculated Tenth-Ounce
$5 denomination
$129.95
Uncirculated Four-Coin Set
N/A
$1,959.95

For reference, the spot price of gold earlier today was at $961, resulting in a comparative $100 premium for the one ounce uncirculated Buffalo coins.

The Mint indicates mintage and product limits for both the American Buffalo Gold Proof and Uncirculated Coins will be determined by customer demand. Their description of the coins is as follows:

 

…the proof and uncirculated American Buffalo Coins feature designs based on the classic 1913, Type I Buffalo nickel, by James Earle Fraser. 

Depicted on the obverse is the striking image of a Native American in profile.  An American Buffalo-also known as the bison-graces the coins’ reverse. 

Inscriptions on the coins’ obverse include the “W” mintmark of the United States Mint at West Point, the year and the word “Liberty.”  Inscriptions on the reverse include the face value and weight.

 

Purchase information

American Buffalo Gold coins go on sale July 22, at 12 noon (ET). The coins will be sold online at Mint page:

American Buffalo 24K Gold

Orders may also be placed via the Mint’s toll-free number, 1-800-USA-MINT (872-6468).  Hearing and speech-impaired customers may order by calling 1-888-321-MINT (6468).

Subscribe to CoinNews | Get Coin News by Email

If you've enjoyed this article, please share it by clicking on the button below, and selecting a service so others can find it too. Many thanks.

Bookmark and Share

Email this Article Email this Article                  Print this Article Print this Article

Related News

  • 67,331 Fractional Buffalo Gold Coins Sold
  • Fractional American Buffalo Gold Coins by US Mint
  • U.S. Mint Increases Price for American Buffalo Coin
  • U.S. Mint Suspends Buffalo Gold Coin Sales
  • U.S. Mint Treats Media to Gold
  • U.S. Mint Announces Gold 8-8-08 Double Prosperity Coin Set
  • US Mint Resumes Limited American Eagle Gold Coin Sales
  • U.S. Mint Stops 2008 Production of Two Gold Coins, More to Follow
  • United States Mint Sales Begin for 24-Karat Gold American Buffalo 2008 Celebration Coin
  • Coin of the Year: Voting Opened to Collectors and Public
  • Article Tags: .

     


    One Comment

    1. Tallenr, Paul says:

      Does any one know the diameter and thickness mm’s (Milameter) of the new 2008 $5.00 Buffalo Coin - ( BY8 ) ?
      I called the USMint and they do not have information listed with their operators…//// Why not ?

      Thanks

    Post a comment:

    Comments are moderated, and will not appear until an editor has approved them. (After you click to post your message, just leave this page.)