It's Back! The American Gold Buffalo

Starting tomorrow, October 22nd, the American Gold Buffalo will again be available for purchase. As you may know, production of this popular 24 karat gold coin was stopped late last year when the U. S. Mint couldn't keep up with the demand for U. S. gold coins.

The American Gold Buffalo is the first .9999 fine gold coin struck by the U. S. Mint beginning in 2006. They can be purchased from the Mint directly or from dealers who are making them available for their customers. Expect to pay a minimum 6% premium over the spot price of gold which could easily go up a few percentage points depending on demand.

If you invest in these beautiful gold coins, follow the advice I gave you in Basic Gold Investing about handling your coins. Gold is a soft metal and easily scratched or nicked so always handle your coins, especially pure gold coins, by the edges only.