The release of the American gold bufalo coin in 2009 was greeted with widespread acceptance from the general public, investors and collectors as well. Demand for this coins have continued to rise and it seems that the risrising demand will not be peaking anytime soon. This highly sort after coins are printed by the U.S. mint and distributed through its trusted “authorized purchasers”. The 2010 version of the bufalo coins sold over 50,000 coins in just the first day of its release.
The gold buffalo has been immensely popular, so much that for a period of four points, the previous versions of these coins have been sold out, This gold trading and investment opportunity is available to all those who are interested in gold investment as collectors and investors, it also available to those who are interested in this instrument to diversify their investment portfolio.
In fact, the 2009 sale of the Gold Buffalo bullion coins did not get started until as late as October 15. By the time they came out these coins were completely sold out by December 4, 2009. During the lenght of time it was in production, 200,000 were sold, making the coin one of the most popular Mint releases of that year. With sales scheduled to begin five months earlier this year, collectors believe that the U.S. Mint has finally realized the extent of the popularity they are with collectors and hobbyists, and also with investors looking to add real gold to their investment portfolio.
Just to give you an insight into how popular these coins are, consider this fact: the opening day sales of the 2010 version of the American Gold Buffalo was nearly the same as the total monthly sales for the 2010 American Gold Eagle. These beautiful 22-karat coins were released to the Mint’s authorized purchasers in mid-January of this year.
The number of coins being offered will be expanded later this year with the introduction of the U.S. Mint’s one ounce 2010 Proof Gold version. This is a collector’s edition of the regular coin, and will be sold to the public by the U.S. Mint rather than through its authorized purchasers network. Details about it’s release have not been fully revealed to the public as of yet. The price will be determined at the time of release by the Mint’s numismatic gold coin pricing policy, a pricing schedule based on the average weekly price of gold and in accordance with the rules for buying gold
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