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Home >> Why Buy 24 Karat Gold American Buffalo Coins?

Author: Gold Why Webmaster
Date: February, 2009
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Gold Buffalo Obverse  
©iStockphoto.com – ssucsy  
The images in this article portray one of the most beautiful coins out there: The United States Mint 24 Karat Gold Buffalo. There has been a ton of buzz about these beautiful gold bullion coins over the past few years. In today's article, we will discuss some really interesting information about these coins, in addition to sharing pictures. Overall, this beautiful response to Canada's 24 Karat Gold Maple Leaf is one of my favorite gold bullion coins (but Canada's coin is still my personal favorite).

Gold Buffalos Mark The United States Mint's First 24 Karat Gold Coin

For years, gold investors and collectors have been enjoying the United States 22 Karat Gold American Eagle. The Gold Eagle is another one of my favorite gold bullion coins. In response to the huge popularity of the South African Krugerrand, the US started producing Gold American Eagles in 1986. While 22 karat gold coins are very popular because of their beauty and practicality (22 karat gold is less likely to scratch, eroding the value of your investment), there are many 24 karat gold bullion bugs out there (including myself). 24 Karat gold is very beautiful, it is a much softer gold color compared to 22 karat metal. As such, the 22 Karat Gold Maple Leaf really started catching on. In response, the US launched the first 24 Karat Gold Buffalos in 2005.

Gold Buffalos Come In Special Packaging

24 Karat Gold American Buffalo Reverse
©iStockphoto.com – ssucsy
There's no doubt about it, 24 karat gold is a soft metal. As you can see in the images, the visual tone is soft and extremely beautiful. At the same time, without alloy metals, the actual metal is also soft, prone to denting and scratching. To help combat against this effect, the US government ships each 24 karat gold buffalo with a protective plastic sleeve. This is very similar to the sleeve with 24 Karat Gold Maple Leafs. Checking out the images of my quarter ounce Maple Leaf, you can see an example of the plastic sleeve produced by the Canadian Mint. The sleeve around Buffalos is a bit different and leaves no room for the coin to move. Many investors have taken the coins out of their protective plastic sleeves. My advice to you: If you're going to shell out the money to buy this beautiful coin, make sure you get one with the plastic sleeve (and leave it in the sleeve).

At Least One One-Ounce Gold American Buffalo Belongs In Every Gold Coin Collection

There's no doubt about it, these coins are beautiful. While they are relatively hard to find these days because the physical gold bullion supply is drying up, it's worth the hunt. Be sure to pick up Krugerrands, American Eagles, Canadian Maple Leafs, and fractional gold coins, but don't forget about the 24 Karat Gold Buffalo. It's an absolutely amazing coin and worth the hunt. Once you have one in your collection, you will be hooked on accumulating more.

Diversifying Away From 22 Karat With 24 Karat Gold

To close out, I wanted to make one final point about diversification. You know I'm all about diversification, not only among different metals but also within each metal. A great way to diversify within your gold bullion coin collection is not only by country and size, but also by gold karat weight. Make sure to evenly distribute your gold collection evenly between 22 karat and 24 karat gold coins. The Gold Buffalo is a very smart way to do this!

Buy Gold Buffalos on eBay

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