2010 American Buffalo Gold Bullion Coins Available Soon

American Buffalo Gold Bullion CoinThose collectors and investors interested in the 2010 American Buffalo Gold Bullion coins will soon be able to purchase the strikes. This is according to a memo recently sent to the Mint's network of authorized purchasers.

The memo was nothing if not short and to the point, which is typical for this type of correspondence between the Mint and its bullion purchasers:

April 26, 2010

MEMORANDUM TO ALL AMERICAN BUFFALO BULLION COIN AUTHORIZED PURCHASERS    

SUBJECT:  2010-Dated American Buffalo Gold Bullion Coins

The United States Mint will begin accepting orders for American Buffalo One Ounce Gold Bullion Coins on Thursday, April 29, 2010. 

All standard ordering procedures apply.

Thank you for your continued support of the United States Mint Bullion Program.

Many may recall that the availability of the Buffalo Bullion strike was something of a roller-coaster experience in 2009. Due to the over-whelming demand placed on the Mint for its Gold Bullion Eagles, the Mint indicated it just did not have an adequate supply of gold blanks to also strike the Buffalo pieces early in the year.

While some may have thought why not just produce less of the Eagles, the Mint really did not have an option. By law, it is required to strike the Eagles to demand. There is no such requirement placed on the Buffalo coins.

Still, by the last quarter of 2009, the Mint was able to procure enough gold blanks to strike some of the 1 Oz. Buffalos with the 2009 date on them. Once made available on October 15th, the coins blasted off of the Mint's shelves with 71,500 claimed in just the first five days of availability. It took less than two months for the Mint to declare that the Bullion Buffalo were sold out with sales figures showing a mintage of 200,000 for the year.

While that 200,000 may not seem like much to many, it was enough to place the 2009 coins at a level well above the number sold in either of the two previous years.

For more information on the coins, see the World Mint Coin's Gold Buffalo Bullion Coin page.

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