Sales of American Gold Buffalo Coins Jump 171% in October.
U.S. Mint Sells 28,500 24K one ounce gold coins in October.
American Gold Buffalo sales in October highest since January.
The U.S. Mint sold 28,500 one ounce American Gold Buffalo coins in October, up 171% from 10,500 sold in October 2015. Sales of American Gold Buffalo coins were up 63% from 17,500 sold in September 2016.
American Gold Buffalo vs. American Gold Eagle
The American Gold Buffalo coin is the U.S. Mint’s 24K gold coin introduced in 2006. The American Gold Eagle coin series has been minted in 22K gold since the U.S. Mint began producing them in 1986.
About the American Gold Buffalo
Description: Obverse: picture of a Native American in feather head dress
Reverse: picure of a Buffalo standing on a mound
Composition/Weight: .9999 fine gold/31.108 g (1.0001 troy oz*)
Face value: $50
Designer: James Earle Fraser
Mint Location: West Point, New York
Years Minted: 2006-present
*In 2008 the U.S. Mint also produced one tenth, quarter and half ounce versions of the American Gold Buffalo Coin.
Sales of American Gold Buffalo coins rose 63% month over month in October 2016.
Sign Up For Smaulgld.com Updates Here!
Click to buy American Gold Buffalo coins.
The U.S. Mint sold 28,500 American gold buffalo coins in October.
As the U.S. Mint’s ‘second’ gold coin, sales of American Gold Buffalo coins are not as robust as sales of American Gold Eagle coins. The U.S. Mint sold 220,0000 one ounce American Gold Buffalo coins in 2015 vs. 626,500 one ounce American Gold Eagle coins. (2.85 to 1)
Through October 2016, the U.S. Mint has sold mint has sold 177,500 one ounce American Gold Buffalo coins vs. 665,500 one ounce American Gold Eagle coins. (3.75 to 1)
Sales of American Gold Buffalo coins are on pace to sell over 200,000 in 2016.
You can compare American Gold Buffalo coins for sale at these websites:
BGASC.com
Golden Eagle Coins
JM Bullion
Money Metals Exchange
Check out all the Smaulgld podcasts here.
Please consider making a small donation to Smaulgld.com. Thanks!
If you have enjoyed this report, please consider sharing it, buying your precious metals through the Smaulgld affiliates linked to on this site* and subscribing (for free) to Smaulgld.com.
Get Free Updates From Smaulgld.com
Subscribe to Smaulgld.com to receive free gold and silver updates, news and analysis.
Please visit the Smaulgld Store for a large selection of recommended Kindles, books, music, movies and other items.
You can support Smaulgld.com by making all your Amazon purchases through the search widget below and by ordering your gold and silver by clicking on the JM Bullion, BGASC, Bullion Vault, Gold Broker, Golden Eagle Coin, GoldMoney, SD Bullion, Perth and Royal Canadian Mint ads on the site.
Browse Collectible Coins on Amazon
DISCLOSURE: Smaulgld provides the content on this site free of charge. If you purchase items though the links on this site, Smaulgld LLC. will be paid a commission. The prices charged are the same as they would be if you were to visit the sites directly. Please do your own research regarding the suitability of making purchases from the merchants featured on this site.
Chart Disclaimer: Information presented here has been obtained from a third party and is presented for information purposes only. Smaulgld can not and does not guarantee the accuracy or timeliness of the data displayed on this site and therefor the data provided should not be used to make actual investment decisions. You should always consult a professional investment adviser before investing in precious metals or any type of investment. You acknowledge that Smaulgld assumes no responsibility for the integrity of data on this site.
The content provided here is for informational purposes only. Making investment decisions based on information published by Smaulgld (SG), or any Internet site, is not a good idea. Accordingly, users agree to hold SG, its owner and affiliates, harmless for all information presented on the site. SG presents no warranties. SG is not responsible for any loss of data, financial loss, interruption in services, claims of libel, damages or loss from the use or inability to access SG, any linked content, or the reliance on any information on the site.
The information contained herein does not constitute investment advice and may be subject to correction, completion and amendment without notice. SG assumes no duty to make any such corrections or updates. As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment. SG disclaims any and all liability relating to any investor reliance on the accuracy of the information contained herein or relating to any omissions or errors and as such disclaims any and all losses that may result.
Send Litecoin to this address:
