Saturday, November 28, 2009
2009 American Buffalo Gold Proof Coin Price Adjustment
Since the US Mint launched the 2009 American Buffalo Gold Proof Coin on 29 October 2009, in a period of 1 month, due to the rapid rise of gold price, the US Mint has adjust its price for their collectors coins - for the Buffalo, for the second time.
Launched at $1,360, the US Mint raised by $50 to $1,410 on 12 November. On 25 November, its price was further raised to $1,460. The spot price was $1,040, $1,121 and $1,195 (new record high to-date) respectively. Meanwhile, 116,500 of 2009 American Buffalo Gold Bullion Coin have been sold in October 2009.
At latest count on 29 March 2010, 49,388 of 2009 American Buffalo Proof Gold coins were sold. Meanwhile, 200,000 of 2009 American Buffalo Gold Bullion coins were sold out in December 2009.