2014 Proof Gold Buffalo Sales Surge in Debut

by Mike Unser on May 13, 2014 · 0 comments

2014 Proof Gold Buffalo

Sales of the 2014 Proof Gold Buffalo launched the quickest since 2010

Prices matter, just to state the obvious… 2014-W $50 Proof American Buffalo Gold Coins jumped out of the gate, notching the highest debut sales in four years.

And back to pricing, the 24-karat gold coin launched at the lowest price in four years. While there are other factors supporting its quicker start, that is the major one.

Released on Thursday, May 8, the proof Gold Buffalo banked sales of 7,899 by Sunday, May 12. That’s a 62.4% improvement over the 4,863 sales start of last year’s coin. You have to go back to 2010 for a better opening tally.

2009 – 2014 Proof Gold Buffalo Sales

  Debut Price Issue Date Date of First Reported Sales Sales of First Reported Date Final Sales / Mintages
2014 American Gold Buffalo $1,640 May 8, 2014 May 12, 2014 7,899
2013 American Gold Buffalo $1,790 May 23, 2013 May 27, 2013 4,863 18,594
2012 American Gold Buffalo $1,960 March 15, 2012 March 19, 2012 4,110 19,715
2011 American Gold Buffalo $1,760 May 19, 2011 May 22, 2011 5,782 28,683
2010 American Gold Buffalo $1,510 June 3, 2010 June 10, 2010 15,071 49,263
2009 American Gold Buffalo $1,360 Oct. 29, 2009 Nov. 1, 2009 19,468 49,306

 

Prices of United States Mint numismatic gold coins can adjust weekly based on an average of the London gold Fix. It’s very likely that prices will remain unchanged this week as Wednesday’s AM fixing would need to jump above $1,360.70 an ounce. Gold is resting at $1,294.70 an ounce as of this writing.

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