2016 Proof Gold Buffalo Races in Start; 2015 Coin Marks Sales Low

by Mike Unser on April 6, 2016 · 3 comments

2016-W Proof American Gold Buffalo and Case

Sales of the 2016-W Proof American Gold Buffalo Coin opened at 12,001

Early sales are racing for this year’s proof American Buffalo gold coin. The U.S Mint’s 1-ounce, 24-karat gold piece scored 4-day sales of 12,001 coins, the quickest start in six years.

The tally is more than double the sales of last year’s edition through its first four days. Actually, it took more than three months for the 2015-dated coin to even hit the 12,000 level.

For comparison, here’s a table that shows debut sales of the series since 2010:

2010 – 2016 Proof Gold Buffalo Debut Sales

  Debut Price Issue Date Date of First Reported Sales Sales at First Reported Date
2016 American Gold Buffalo $1,590 March 31, 2015 April 3, 2016 12,001
2015 American Gold Buffalo $1,590 April 9, 2015 April 12, 2015 5,497
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
2012 American Gold Buffalo $1,960 March 15, 2012 March 19, 2012 4,110
2011 American Gold Buffalo $1,760 May 19, 2011 May 22, 2011 5,782
2010 American Gold Buffalo $1,510 June 3, 2010 June 10, 2010 15,071

 

2015 Proof Gold Buffalo Ends at Mintage Low

Following several months of unavailability and with the launch of this year’s coin, the U.S. Mint officially pulled the trigger and stopped selling the 2015-W $50 Proof American Gold Buffalo. Ending sales of 16,591 coins mark a mintage low for the size.

Here are final sales (unaudited) of the gold coins since their introduction in 2006:

2006 – 2015 Proof Gold Buffalo Final Sales

Year 1/10 oz 1/4 oz 1/2 oz 1 oz
2015     N/A         16,591
2014 20,557
2013 18,594
2012 19,765
2011 28,693
2010 49,263
2009 49,306
2008* 18,884 13,125 12,169 18,863
2007 N/A       58,998
2006 246,267

 

*In 2008, the U.S. Mint offered four sizes of proof American Gold Buffalos as well as four-coin set with each size. Breakouts are 11,060 for the one ounce; 4,366 for the one-half ounce; 5,322 for the one-quarter ounce; 11,081 for the one-tenth ounce; and 7,803 for the four-coin set.

As an aside, the U.S. Mint in 2013 issued a special edition 2013-W Reverse Proof Gold Buffalo that celebrated the centennial anniversary of the coin’s design. It ended with sales of 47,836.

This article was edited to include the final audited sales of the 2015-W Proof Gold Buffalo. The U.S. Mint adjusted its sales from 16,592 to 16,591.

{ 3 comments… read them below or add one }

Seth Riesling April 6, 2016 at 12:34 pm

FYI CoinNews readers –

Counterfeit prooflike gold American Buffalo & gold American Eagles dated 2015 & 2016 in 1-ounce sizes in very deceptive counterfeit NGC holders are showing up at coin dealers shops (starting in Ohio 2 weeks ago) & at coin shows. The coins look polished & have the grades as MS-70 & MS-69. Call NGC in Sarasota, Florida for further information.

-NumisDudeTX

Joe C. April 6, 2016 at 2:03 pm

Buyer beware. Numismatic News had a good article on what to look for on the fakes vs the real thing, with photos.

Seth Riesling April 6, 2016 at 2:47 pm

Joe C. –

Yes. Coin World newspaper had great photos too on their website of these counterfeits & counterfeit NGC slabs.
Share the news!

-NumisDudeTX

Leave a Comment