Today June 3, 2010, the United States Mint began sales of the 2010 American Buffalo Gold Proof Coin. This is the collectible version of the popular 24 karat gold bullion coin that went on sale earlier this year.
The design for the Gold Buffalo Coin is based on the original 1913 Type I Buffalo Nickel by James Earle Fraser. The obverse features the portrait of a Native American Chief and the reverse features an American Bison or Buffalo standing atop a raised mound. Coins are struck with one ounce of 24 karat gold at the West Point Mint. The “W” mint mark appears on the obverse of the coin.
The initial price of the 2010 Proof Gold Buffalo has been set at $1,510, subject to potential changes on a weekly basis. Pricing for the coins is based on the United States Mint’s numismatic gold coin pricing policy. The US Mint has not applied any ordering limits to this offering and a maximum mintage has not been established.
The sales starting date of this year’s proof coin occurs much earlier than last year. The 2009 Proof Gold Buffalo was not offered for sale until October 29, 2009. The coins remained available for only five months before a sell out was announced. During the availability period, the US Mint recorded total sales of 49,388 coins.
Orders for this year’s coin can be placed on the US Mint’s website at http://catalog.usmint.gov/