Certified American Buffalo Gold Coins – First Strike and Early Releases
American gold Buffalo coins are mass produced by the United States mint on a commercial production line. These coins are struck for purchase primarily by gold bullion investors who seek a convenient low cost means of owning gold bullion for investment. The advantages of ownership include a net weight and purity guarantee by the United States Government. Not all coins are created equally and some coins have a better strike, luster and surfaces than others. Select coins with superior eye appeal and perfect or near perfect surfaces are very popular and very valuable in the collector market.
Often these select high quality coins command high premiums and are valued based on their condition, rarity and low certified population in addition to their gold content. The current and future value of any collectible coin is predicated on the size and depth of the collector base interested in ownership of the coins. American gold Buffalo coins certified in the premium grades M69 and MS70 have a large and affluent following. In addition to a large and established collector base more than 2,000 coin and bullion dealers are actively trading in these coins. Soon after a coin is released and before it is mishandled or mistreated is the best time to get a high grade certified coin. For this reason PCGS certified First Strike and NGC Early Release coins are popular with collectors. The term First Strike or Early Release refers to coins sent in to a coin grading service within the first 30-days of release. It does not mean they are better or a higher grade than other coins certified MS69 or MS70 but it does make them slightly more marketable. Prices for these coins vary from dealer to dealer we recommend you shop around.
The chart below is taken from information provided by PCGS and NGC and shows the official certified population of the 2008 American Gold Buffalo and the Official price guide. This is provided for informational purposes only.
Description Service Grade Population Price
2008 $50 Gold Buffalo NGC MS69 6,977 $1,290
2008 $50 Gold Buffalo PCGS MS69 6,831 $1,345
2008 $50 Gold Buffalo NGC MS70 7,468 $1,590
2008 $50 Gold Buffalo PCGS MS70 1,584 $1,700
October 29, 2009
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Now is the time to the american buffalo not only gold bullion coins but the highest quality gold bullion coin - the 24-Karat American Buffalo Coin.
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