Reeds PF 70 Ultra Cameo ER Buffalos
2018 W BUFFALO .9999 FINE G$50
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Coin Details
Origin/Country: |
United States |
Design Description: |
BULLION - ONE OUNCE GOLD AMERICAN BUFFALOES |
Item Description: |
G$50 2018 W Buffalo .9999 Fine First Day of Issue |
Full Grade: |
NGC PF 70 ULTRA CAMEO |
Owner: |
J Reed |
Owner Comments:
Thirteenth year of issue. James Earle Fraser was an American sculptor during the first half of the 20th century. He was an important member of the Commission of Fine Arts; the organization that selects the winning design from all submissions for all new coins to be minted. The American Buffalo is a 24-karat gold coin featuring James Fraser's designs based on the original 1913 Type I Buffalo nickel. The US Mint released the 2018 Gold Buffalo Proof on May 10, 2018. Gold is on the rise again so the release day price for the 2018 Proof Buffalo was up to $1,710.00; the price of gold was $1,321.20. You would think that with the increase in gold prices and the higher cost for a Buffalo Proof that sales would decline greatly. Surprisingly sales for the 2018 Buffalo were only 54 coins short of sales for the 2017 coin. Sales of the 2018 Gold Proof reached 15,756 coins sold. A new record low for the second year in a row. Buffalo Proof Ultra Cameo Mintages 2006 246,267 2007 58,998 2008 $5 18,884 2008 $10 13,125 2008 $25 12,169 2008 Proof Set 7,803 2008 18,863 2009 49,306 2010 49,263 2011 28,683 2012 19,715 2013 18,584 2013 RP 47,836 2014 20,557 2015 16,591 2016 21,878 2017 15,810 2018 15,756 2019 14,844 2020 11,887 2021 16,969 2022 15,943 2023 15,138 Sources: US Mint, USA Gold, Guide to American Gold Buffalo Coins
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