Gold Rises for Another Record, Silver Advances
US Mint 2009 Gold Buffalo Bullion Coins Top 2007, 2008 Sales
Despite their late Oct. 15 release date, 2009 American Gold Buffalo Bullion Coin sales have already topped those from 2008 and 2007.
The latest US Mint figures have the 2009-dated coins at 189,000. By comparison, the Mint has said 172,000 were sold in all of 2008 while 167,500 were purchased in 2007. The inaugural Buffalo 2006 launch year would appear to remain safe as the best ever -- at least for now -- with its 323,000 total.
The pace has cooled compared to opening sales when 71,500 went during the first five days. However, the amount sold in either October or November is greater than any single month in 2008 or 2007, which highlights the demand for the one ounce, 24 karat gold coins.
With new record gold prices and the recent Mint suspension of the bullion 2009 American Gold Eagle Coins, demand for the Buffalos should only increase. Gold prices hit a fresh high of $1,217.30 an ounce in early Wednesday trading, surpassing the previous record that was just set on Tuesday. The yellow metal is up 37 percent this year.
Final Day for Van Buren’s Liberty First Spouse Gold Coins
Gold, Silver, Metal Prices: Commentary – 12/02/2009
Royal Mint Unveils Doctor Who Medals
Gobrecht Dollars Book Released by Heritage and Ivy Press
Gold Tops $1,200 for Fresh High; Silver Surges to $19.21
US Mint Suspends 2009 Gold Eagle Coin Sales
US Mint 2009 Platinum Eagle Proof Images Released
Ponterio & Associates Nets $2.1 Million in Baltimore Auction
