2008 $50 Gold Buffalo – Everything You Need to Know!

The $50 2008 Buffalo Gold Coin was released in July 22, 2008 in 3 different versions which are proof, uncirculated and bullion to cater to collectors and investors alike. The American Buffalo Gold bullion coins mint series have grown in popularity throughout the world due to their beautiful design, their 24k pure gold content and insurance from the US Government for gold content and purity.

$50 2008 Gold American Buffalo 1 Ounce Specifications:

Mint Year: 2008 Face Value: $50 Designer: James Earle Fraser based on the Indian Head or Buffalo Nickel. Thickness: 0.116 inches (2.95 mm). Composition: 24 karat (.9999 ) pure gold. Weight: 1.0001 troy ounce (31.1035 g). Diameter: 1.287 inches (32.70 mm). Edge: Reeded.

$50 2008 Buffalo Gold Coins Demand & Halt of Production
As the paper currencies around the world weaken more and more investors are investing in gold as insurance for their wealth and the American Gold Buffalo coins are the perfect way to invest in gold. The US Mint announced in September 2008 that all sales of the coins were to be halted due to the demand of which surpassed their supply and held inventory. In November the remaining 250,000 2008 Gold American Buffalos were sold and they haven't been available ever since then. Their demand continue to rise. In December 2008 the US Mint announced the discontinuing of all the fractional denominations of the American Buffalo Gold Coins.

1 oz. $50 2008 Buffalo Mintage for all 3 versions, these numbers are a close estimate.

Uncirculated: 9,247 Proof: 19,591 Bullion: 189,500

To distinguish the coins, the West Point Mint mark "W" appears on Proof and Uncirculated versions of the $50 2008 Gold Buffalo Coin. The Bullion version does not carry any mint mark.