Why Is The 2001 American Buffalo Dollar Worth So Much?

yotie they are triple spot and not comparable with their mintage so trending down would be what it should be doing.

I don't get the nostalgia thing because you can buy a gorgeous MS grade Buffalo for $30, to me I'd rather have the original coin wouldn't you. I like the look of the commemorative dollar but just like with the Walking Liberty or the Silver Eagle i'd still prefer the original Walking Liberty.

I hope it trends down or it will be the last one I add to my set.

A primary reason for the Buffalo commemorative's popularity, market demand and therefore higher selling price is its use of James Earle Fraser's 1913 design for the immensely popular Buffalo nickel.

The Buffalo nickel series is one of the most popular of all US coin series and is avidly collected by many thousands of collectors in the US (and elsewhere). So, when this coin came out, it was purchased by traditional commemorative collectors as well as folks who collect Buffalo nickels. So, a minimum of two significant collecting groups lined up to buy an example â€" a situation that is not all that common among the modern issues (many are almost exclusively purchased by commemorative collectors).

Also, the general popularity of Fraser's design is such that collectors and non-collectors alike purchased the coin â€" for many, it was the only commemorative coin purchased.

Hope that helps!

Any coin with a Buffalo to me just sreams AMERICAN
I think many collectors are drawn to the majestic Bison.

If you think the Buffalo is high priced .. check out the 1995 and 1996 olympic dollars
in BU/MS.

There are many coins that are higher priced because they are more popular. last time I checked the UNC buffalo was trading around $140.00

I was fortunate to have gotten a set in a 1,000 Eisenhower bag, about 8-9 months ago.

Good condition, but not pristine. Looked like they were taken from the mint holders, and dumped to a bank

welder




Wish the MINT would get fully HEDGED (meaning buy the AU) and start banging out more AG stuff at reasonable prices. More 38 mm and half dollar size stuff.

A couple of Buffalos in a $1000 Ike bag would be great. Do you ever find other commem $ in these bags?

GR58 -

The reason the 95 and 96 Olympic dollars are so expensive is purely because of mintage though, its apples to oranges. They had mintage less than 20,000. The buffalo was 10x higher mintage.

On a related note, how do I "quote" someones post?