2010 Proof Gold Buffalo Sold Out
The 2010 Proof Gold Buffalo coins have now sold out at the US Mint. The sell out comes just a few days before the 2011-dated version is scheduled to go on sale.
Sales of the one ounce proof coin began on June 3, 2010. At the time, the coins were priced at $1,510 each, based on an average gold price in the $1,200 to $1,249.99 range. There were no ordering limits or stated maximum mintage for the coins.
After opening with sales of 12,778, the 2010 Proof Gold Buffalo remained a relatively steady seller during the ensuing months. The last reported sales through May 1, 2011 were 49,236. When last available, the coins were priced at $1,810 each, reflecting an average gold price in the $1,500 to $1,549.99 range.
It seems that the final mintage will land not too far from the level for the 2009 Proof Gold Buffalo. The US Mint has now released the final audited mintage for this issue as 49,306. The final mintages for all Proof Gold Buffalo coins are shown below.
|Proof Gold Buffalo Final Mintages|
|1 oz||1/2 oz||1/4 oz||1/10 oz|
The 2011 Proof Gold Buffalo is scheduled to go on sale May 19, 2011.
2010-P Yellowstone National Park Five Ounce Silver Uncirculated Coin
Yesterday, the US Mint announced the release date for the next numismatic America the Beautiful 5 Ounce Silver Coin. The coin featuring Yellowstone National Park will go on sale May 17, 2011 at 12:00 Noon ET.
Matching the terms of the previous release, the coins will be priced at $279.95, with a mintage of 27,000, and ordering limit or one per household.
Meanwhile, the Hot Springs Five Ounce Uncirculated Coins still remain available for sale on the US Mint's website. Despite strong opening sales, the anticipated quick sell out did not occur, likely impacted by the dramatic fall in silver prices that coincided with the release.
I am currently awaiting information for the latest US Mint sales report that should indicate exactly how many coins remain available for sale.
Update: The latest US Mint sales report indicates sales of 49,411 for the 2010 Proof Gold Buffalo and 26,866 for the 2010-P Hot Springs Five Ounce Uncirculated Silver Coin.
View the Full report on Coin Update.
Labels: Gold Buffalo