Fractional Gold Buffaloes and Lucky Buffalo Coins
Yesterday Numismaster broke two stories about new Gold Buffalo coin products. You can read their articles here and here.
The Gold Buffalo is a .99999 fine gold coin issued by the US Mint. The more popular American Gold Eagle coins use an alloy of .9167 gold. Gold Buffalo coins were first offered in 2006. Uncirculated Bullion Coins have been available from authorized gold bullion dealers. A proof version of the coin has been offered directly by the US Mint.
Starting in 2008, Fractional Gold Buffalo Coins will now be offered in 1/10 ounce, 1/4 ounce, and 1/2 ounce sizes. Proof versions of the fractional coins are also expected to be offered directly by the US Mint this summer.
On February 5, 2008 at Noon EST, the US Mint will begin selling the 2008 Lucky Buffalo. This is a specially packaged one ounce Uncirculated Buffalo Gold Coin which celebrates the lucky numeral "8." The coins will be priced at $1,018.88.
The Mint has now announced the pricing and details for the Fractional Gold Buffalo Coins.
Labels: Gold Buffalo