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 well.
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.