Gold Buffalo interest at limits?
The gold Buffalo bullion coin seems to be a one-week wonder. Only 4,000 coins were sold this week as compared to last week’s debut number of 31,000.
This article was originally printed in Numismatic News.
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The gold Buffalo bullion coin seems to be a one-week wonder. Only 4,000 coins were sold this week as compared to last week’s debut number of 31,000. Naturally the rhythm of the marketplace dictates weekly sales totals, but is buyer interest in this coin already limited?
Interest in Medal of Honor commemoratives again exceeded that for the Army coins, but the sales rate continues to fall. Just 853 gold proofs were sold, bringing the total to 10,811. The uncirculated gold total rose by 377. The more popular and cheaper silver dollar proof total rose by 4,848 while the uncirculated dollar count was up by 1,800.
The Army coins might have lost relative fizz, but the overall totals for them are still ahead of the Medal of Honor pieces.
Mount Hood quarters again provide us with weekly entertainment as we wonder what Mint accountants are doing. The totals dropped massively again. These numbers are most likely correct.
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