goldbug

U.S. Mint Suspends Sales of Pricey Gold Coins

It seems that the economic crisis has brought out the goldbug in a lot of people. The U.S. Mint has announced that they are temporarily suspending sales of the American Buffalo 24-karat gold coins because they can't keep up with the demand. The recent run on gold has depleted the inventory of the one-ounce coins which sell for over $1,000. Last month, The Mint suspended sales on American Eagle one-ounce gold coins and then announced they would only be sold through an allocation program to designated dealers. The same process is likely to take place for the American Buffalo coin. The 2008 coins can be found online through various dealers for around

Source

Tags: american buffalo coin, AmericanBuffaloCoin, coin, gold, gold investing, goldbug, GoldInvesting