U.S. Mint Releases 24-Karat American Buffalo Gold Coins July 22

Program Expanded to Include Uncirculated Coins, Fractional Weights

24K Gold Buffalo'sWashington - The United States Mint announced today that it will begin accepting orders for fractional weights of the American Buffalo Gold Coin, now available in proof and uncirculated versions, on July 22, at 12 noon Eastern Time.

Both versions of the coin will be offered in four sizes-one ounce ($50 denomination), one-half ounce ($25 denomination), one-quarter ounce ($10 denomination) and one-tenth ounce ($5 denomination)-as well as in four-coin sets that contain one coin in each size.

In 2006, the United States Mint introduced a proof version of the American Buffalo Gold Coin containing one ounce of 24-karat (.9999) gold. Based on market research, the Secretary of the Treasury authorized the United States Mint to strike and issue fractional denominations of the coin in proof and uncirculated versions.

Both the proof and uncirculated American Buffalo Coins feature designs based on the classic 1913, Type I Buffalo nickel, by James Earle Fraser. Depicted on the obverse is the striking image of a Native American in profile. An American Buffalo-also known as the bison-graces the coins’ reverse. Inscriptions on the coins’ obverse include the “W” mintmark of the United States Mint at West Point, the year and the word “Liberty.” Inscriptions on the reverse include the face value and weight.

Each coin is encapsulated in protective plastic and mounted in an elegant, custom-designed hardwood presentation case. A Certificate of Authenticity is included.

Mintage and product limits for both the American Buffalo Gold Proof and Uncirculated Coins will be determined by customer demand. Pricing for all options is listed below.

Option Price
Proof One Ounce $1,199.95
Proof Half Ounce $   619.95
Proof Quarter Ounce $   329.95
Proof Tenth-Ounce $   159.95
Proof Four-Coin Set $2,219.95
Uncirculated One Ounce $1,059.95
Uncirculated Half-Ounce $   539.95
Uncirculated Quarter-Ounce $   289.95
Uncirculated Tenth-Ounce $   129.95
Uncirculated Four-Coin Set $1,959.95

Customers may place orders for the proof and uncirculated 2008 American Buffalo Coins at the United States Mint’s secure Web site, www.usmint.gov. Orders also will be accepted at the toll-free number, 1-800- USA-MINT (872-6468).

Note: To ensure that all members of the public have fair and equal access to United States Mint products, any order placed prior to the official on-sale date and time shown above shall not be deemed accepted by the United States Mint and will not be honored.

Contact: Press inquiries: Michael White (202) 354-7222
Customer Service information: (800) USA MINT (872-6468)

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About the Author

Since Congress created the United States Mint on April 2, 1792 the primary mission of the United States Mint is to produce an adequate volume of circulating coinage for the nation. As a self-funded agency, the United States Mint turns revenues beyond its operating expenses over to the General Fund of the Treasury.Other responsibilities, include: Maintaining physical custody and protection of the Nation's $100 billion of U.S. gold and silver assets, Manufacturing and selling platinum, gold, and silver bullion coins,Overseeing of production facilities in Denver, Philadelphia, San Francisco and West Point, as well as the U.S. Bullion Depository at Fort Knox, Kentucky.

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