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All Forums Category: General Numismatic Forums Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum

Gold Buffalo

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TheForce
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 Posted 04/09/2015  6:27 pm Show Profile   Bookmark this topic Add TheForce to your friends list Get a Link to this Message Number of Subscribers
Seeing that the gold buffalo coin is out today, it got me thinking. Why are there 2 different gold bullion coin designs (St. Gaudens and the buffalo) but ONLY 1 silver bullion design?
ChildOfTheWheat
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 Posted 04/09/2015  6:56 pm  Show Profile   Bookmark this reply Add ChildOfTheWheat to your friends list Get a Link to this Reply
BECAUSE when two gold coins love eachother very much, they bring a little silver coin into the world and start a family of bullion coins.
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coinwatch
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 Posted 04/09/2015  9:23 pm  Show Profile   Bookmark this reply Add coinwatch to your friends list Get a Link to this Reply
Not wanting to take anything away from what's already been said...

The US Mint introduced the .9999 pure gold Buffalo due to global demand for pure gold bullion coins. The AGE and Buffalo coins fill the needs of two different segments of the gold bullion market.

I guess there's insufficient demand for .9999 silver bullion as far as the Mint is concerned. Maybe?
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All Forums Category: General Numismatic Forums Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum



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