2009 Proof Gold Buffalo Sold Out
Yesterday, two things occurred that I would like to report. First, the 2009 Proof Gold Buffalo Coin sold out at the US Mint. Second, my wife and I welcomed our second child!
First the coin related news...
The 2009 Gold Buffalo One Ounce Proof Coin went on sale October 29, 2009, priced at $1,360 each. Later pricing adjustments would bring the offering price as high as $1,460 with the last available price $1,410.
In the first three days of availability, the US Mint reported sales of 19,468 coins. By mid-November, sales had reached 32,271. The pace of sales slowed into the new year, with recent sales around 500 coins per week.
The last reported sales figures for the 2009 Proof Gold Buffalo coin were 49,388. In the past, I had suggested that the US Mint may have produced an even 50,000 coins by the end of 2009 and sales would continue until this entire production run was sold out. It looks like this prediction was close to the mark.
There had been indication of a sell out earlier last week when some readers reported that the US Mint's product page had changed to sold out status. However, the "sold out" was removed, the coins went back on sale and remained available for several more days.
The mintages for the one ounce Proof American Gold Buffalo Coins now stack up as follows:
|One Ounce Proof Gold Buffalo Coin Mintages|
|2009 (last reported sales)||49,388|
The US Mint has also now indicated that a 2010 Proof Gold Buffalo one ounce coin will be offered in the future. The release date is not yet known. The pricing would likely follow the US Mint's existing pricing grid for numismatic products.
In personal news, yesterday morning my wife gave birth to our second son, Robert Alexander Zielinski. Even though he was born a few weeks earlier than expected, he weighed in at 8 pounds and 7 ounces. Both Mom and Baby are doing well. Big brother Jason (just turned 2 years old) was very intrigued and kept asking to "see baby."
Labels: Gold Buffalo