Fractional Gold Buffaloes Expected in Summer of 2008 By Numismatic News
January 31, 2008
American Buffalo gold coins will be available in fractional
sizes in 2008.
Proof and uncirculated 2008 Buffaloes will come in
half-ounce, quarter-ounce and tenth-ounce sizes, the U.S.
Mint announced Jan. 30.
Four-coin sets including one-ounce coins are to be sold as
The 2008 one-ounce uncirculated Buffalo will continue to
be available singly.
Proof Buffaloes in fractional sizes are expected to go on
sale this summer.
Since a 2006 debut, the American Buffalo gold coins
have been the Mint's .9999 fine gold coin option, intended
to compete in the marketplace with other 24-karat gold coin
offerings from other world mints.
American Eagle gold coins, which come in the same
fractional sizes and have been available since 1986, are made
of .9167 fine gold. Gold Eagles were assigned face value denominations
of $50, $25, $10 and $5. Other than size-specific information,
all four sizes share the same Saint-Gaudens double eagle obverse
design and "Family of Eagles" reverse design.
Intended designs and denominations for the 2008 fractional
Buffaloes were not specified by press time. The one-ounce
gold Buffalo is denominated $50.