Tag: Fractional American Buffalo Gold Coins
US Mint Gold, Platinum and Silver Coin Sales Figures, Dec 11
Eight US Mint Gold and Platinum Coin Options have Sold Out in the Last Week
Collector gold and platinum coin sales have been ablaze with eight sold out options since last week's U.S. Mint sales figures were released.
The final two one-ounce and one-half ounce uncirculated gold Buffalo coins departed over the weekend, and the last one-half ounce proof Buffalo went Monday afternoon with a surging 58.5 percent increase in sales over the previous week.
In addition, the proof American Eagle platinum one ounce, one-half ounce and one-quarter ounce options sold out Tuesday morning, the one-tenth ounce on Wednesday, and the four-coin set just this morning.
Six Gold and Platinum U.S. Mint Coins have Sold Out within Four Days
The pace at which gold and platinum collector coins have disappeared from U.S. Mint store shelves is blistering. The final two uncirculated gold Buffalo coins sold out over the weekend, the last proof Buffalo went Monday afternoon, and the proof American Eagle platinum one ounce, one-half ounce and one-quarter ounce options sold out this morning.
Further, the Eagle platinum proof one-tenth ounce and four-coin set may be joining the "sold out" ranks since their shipping dates have been delayed. In past weeks, that has been a strong indicator of a quickly depleting inventory. It appears the proof and uncirculated American Eagle gold coins will soon be the sole remaining collector options available.
With all these latest sell outs, it is worth remembering the collector gold and platinum coins the U.S. Mint announced it will no longer produce in 2009:
Gold Buffalo Uncirculated Coins Sold Out
All 2008-W American Buffalo Gold Uncirculated coins for collectors have sold out, according to the United States Mint online store.
The one-ounce and one half-ounce gold coins joined the ranks of other fractional sizes, moving to the "product is not available" category over the weekend. Their sales had increased over the previous week by 8.7 percent and 6.6 percent, respectively.
The Mint's gold and platinum coin series has been ablaze in sellouts of late. The American Buffalo gold uncirculated 4-coin set sold out last Monday while the proof quarter-ounce version and the final platinum Eagle uncirculated coins went Wednesday.
US Mint Gold, Platinum and Silver Coin Sales Figures, Dec 4
Three collector bullion coins have sold out since last week's U.S. Mint sales figures were released.
And like last week, the biggest mover was the one-ounce 2008-W American Eagle Platinum uncirculated coin. It was the final available coin in the series, which helped drive demand until it sold out Wednesday. Sales of the collector coin increased 55.3 percent following its previous 46.5 percent rise.
Other sellouts include the American Buffalo gold proof quarter-ounce size (also on Wednesday) and the American Buffalo gold uncirculated 4-coin set on Monday. Sales of each had climbed 17.1 percent and 13.5 percent, respectively.
The final coin remaining in the Buffalo gold proof series in the one-half ounce size, which is showing very strong demand with an increase over last week of 24.8 percent.
Here are the latest Mint sales figures for the major American Eagle and American Buffalo collector products: