is the mint making a 2009 gold buffalo?

is the mint making a 2009 gold buffalo?

 

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suppose to make them (only if blanks are available).

 

so far,they were only made in 07 and 08? do i have my dates right?

 

american buffalo started 2006. the fractionals only got one year. that is 2008.

 

I heard that they are, in just one ounce coins. It depends on the planchets, if they can get them.

 

i thought the mint will make more profit by selling the proof or (w) unc gold. instead the mint sell a lot of bullion one ounce coins. i really don't understand.

 

This will be an interesting year for the buffalo coins. I hope they do continue making them. It is a stunning collection to behold. I would be surprised if they don't make the 1 oz proof coins this year. I don't expect to see any unc bullion, but I have not heard anything telling me otherwise.

 

I doubt that it will happen

 

let's just hope.

 

so what would prevent them from making it? lack of gold?

 

Lack of planchets. Gold planchets, of late, have been hard for the mint to obtain lately.

 

I was under the impression for all of the silver and gold coins minted, that they have to use silver and gold mined in the US. I believe I saw that in the legislation.

 

If it was ever in there, its gone now..... most of the silver and gold planchets that the US mint is using comes from Austrailia.

I had read somewhere that there are plenty of companies here in the US that make silver and gold blanks, but only one or two were up to the US mints standards. This is why the mint went outside the US.

 

it is better to produce all the sizes instead of just one ounce. it is too costly.

 

As I understand it, the mint is required by law to mint the regular AE bullion coins "in numbers sufficient to meet public demand".
Proofs and "W" uncircs for collectors are not mandated by law to be produced in any number. Therefore, with limited planchet availability, the mint has to use the planchets they do procure for the mintage of bullion coins to meet demand first.

 

That is the way I understand it was well.

 

In the original authorizing legislation there was a requirement to use domesticly mined gold WHENEVER POSSIBLE. And I believe that although the blanks are made by a firm in Austrailia, my understanding is the gold is supplied by the US Mnt.