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Good News from the US Mint!

The US Mint announced today that there will be production of 2009-dated Buffalo 1-ounce .9999 gold bullion coins, as well as fractional gold Eagles for 2009. However, the red-hot demand for gold and silver bullion means that some collector series coins will not be produced this year.


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This article was first published 
 (October 6, 2009)


In a press release dated 10/6/09, the US Mint outlined its plans for releases of bullion products through the end of 2009. The popular pure gold Buffalo gold coin will be released for the first time this year, and the US gold Eagles dated 2009 in the half-, quarter-, and tenth-ounce sizes will also be released for the first time this year, just in time for Christmas, so it seems.

We are now taking orders for the Buffaloes (at our regular gold Eagle rates), and will have them ready to ship a few days after the official release. We will also stock the 2009 fractional Eagles when they are released, but are not yet taking orders for them until we get closer to the date of release.

Here is the release from the US Mint, in full:

United States Mint to Offer 2009 American Buffalo Proof Gold and American Eagle Platinum Proof Coins, Agency also announces products not offered in 2009.

WASHINGTON - The United States Mint announced today that it will offer for sale 2009 one-ounce American Buffalo Proof Gold Coins and one-ounce American Eagle Platinum Proof Coins. The release dates for these products are tentatively October 29 and December 3, 2009, respectively. In addition, the agency will release the one-ounce 2009 American Buffalo Gold Bullion Coin on October 15 and the fractional 2009 American Eagle Gold Bullion Coins-in the one-half ounce, one-quarter ounce, and one-tenth ounce weights-on December 3.

The United States Mint will not offer the following products in 2009: the one-ounce American Eagle Silver Proof Coin; the one-ounce American Eagle Silver Uncirculated Coin; the American Eagle Gold Proof Coins (all weights, as well as the four-coin set); the one-ounce American Eagle Gold Uncirculated Coin; the United States Mint Annual Uncirculated Dollar Coin SetTM, which also includes a one-ounce American Eagle Silver Uncirculated Coin; and the American Eagle Platinum Bullion Coins (all weights).

Because of unprecedented demand for American Eagle Gold and Silver Bullion Coins, the United States Mint suspended production of 2009 proof and uncirculated versions of these coins. All available 22-karat gold and silver bullion blanks are being allocated to the American Eagle Gold and American Eagle Silver Bullion Coin Programs, as mandated by Public Law 99-185 and Public Law 99-61, respectively. Both laws direct the agency to produce these coins in quantities sufficient to meet public demand. The proof and uncirculated versions of the American Eagle Gold and Silver Proof Coins are not mandated by law.

The United States Mint is working diligently with current and potential blank suppliers to increase the supply of bullion coin blanks, so it can offer to the public the proof and uncirculated versions of American Eagle silver, gold, and platinum coins in 2010.

The United States Mint, created by Congress in 1792, is the Nation's sole manufacturer of legal tender coinage. Its primary mission is to produce an adequate volume of circulating coinage for the Nation to conduct its trade and commerce. The United States Mint also produces proof, uncirculated and commemorative coins; Congressional Gold Medals; and silver, gold and platinum bullion coins.


 

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