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Item:(5) 2009 American Gold Buffalo 1 oz Coins In Mint Sheet

(5) 2009 American Gold Buffalo 1 oz Coins In Mint Sheet

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Item number:300366452518
Item location:Saint Petersburg, Florida, United States
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History:3 sold
Last updated on 08:08:56 AM PST, Jan 15, 2010 View all revisions
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Five (5) - 2009 American Gold Buffalo G$50 .9999 24k *In Original Mint Sheet* Coins



Description:
Five (5) - 2009 American Gold Buffalo G$50 .9999 24k *In Original Mint Sheet* Coins

Coin Details: 
Denominations- $50 (1 Ounce) Purity- .9999 (24 karat)

History:
The Gold Buffalo coin is the first coin offered by the United States Mint that is minted in pure (.9999) 24-karat gold. The coin has a face value of $50 and can be used as legal tender. The Mint began releasing the 2006 version of the Buffalo on June 22, 2006. The American Buffalo was produced with the intention of competing with the other 24 karat bullion coins, which make up around 60% of the world gold market. The proof version of the buffalo has a strict mintage limit of 300,000 per year. On July 22, 2006 the Mint transferred two of the American Buffalo coins to the Smithsonian Institution?s coin collection because of their historic value. The 2008 release of the Buffalo collection marked the first year fractional coins were released, putting an even higher premium on mint state and proof sets.

 
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Casteel Coins



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