Edumucate me. Why 2 versions of the Unc. 2008 $50 Buff.?

coindeuce

Why did the U.S. Mint produce two versions of the 2008 unc. $50 Buffalo? The boxed/COA version with W mintmark on obverse has some crazy bids compared to the non mintmarked version that was packaged in the blister pack sheets. Different surfaces?

notwilight

Same reason they've produced W mintmarked gold and silver eagles with "burnished" blanks, limited mintages, and premium prices which they sell directly to collectors on the website. --Jerry

mkman123

the govt just likes to waste money j/k

2manycoins2fewfunds

In this day and time why do they bother to have 4 active mints??

edgar

the non "W" are meant to be bullion versions, sold only through their "authorized dealer network" to us in the general public, with the exception of the celebration coin. the "W" version is sold as the uncirculated collectible version.... check the mintages. sorry for spelling and jumbled words

smokincoin

U.S.Mint
edited to add these "W" mintages:
2008 One Ounce Gold Uncirculated 3,025 -
2008 Half Ounce Gold Uncirculated 3,237 -
2008 Quarter Ounce Gold Uncirculated 3,900 -
2008 Tenth Ounce Gold Uncirculated 11,380 -
2008 4 Coin Gold Uncirculated 6,049 -
2008 8-8-08 Double Prosperity Set Program On each American Eagle & Buffalo Half Ounce 7,622 -
2008 Program Total 35,213

Comparitively, the 1oz '08 non "W" mintage is here. Quite the difference.

BigE

<<Edumucate me. Why 2 versions of the Unc. 2008 $50 Buff.?>>

First explain what edumucate is and maybe I will answer



-------------------------------------BigE

derryb

Mint site shows all sales within a particular calander year and does not reflect the date on the coins sold. May or may not be accurate depending on if any of previous years coins were sold in that year. Also in some years sales continued into the next year. Heres a very accurate site for final mintages on all gold eagles (except the 99W - unknown):

Gold Eagle Mintages

Pretty good site, you can navigate to all the other US bullion.

coindeuce

<< <i>Mint site shows all sales within a particular calander year and does not reflect the date on the coins sold. May or may not be accurate depending on if any of previous years coins were sold in that year. Also in some years sales continued into the next year. Heres a very accurate site for final mintages on all gold eagles (except the 99W - unknown):

Gold Eagle Mintages

Pretty good site, you can navigate to all the other US bullion. >>



Huh? I thought this was about the difference between the 2008 / 2008W $50 Gold Buffalo. I don't particularly see that the $1200 difference in bid between the two is rational.

derryb

<< <i>

<< <i>Mint site shows all sales within a particular calander year and does not reflect the date on the coins sold. May or may not be accurate depending on if any of previous years coins were sold in that year. Also in some years sales continued into the next year. Heres a very accurate site for final mintages on all gold eagles (except the 99W - unknown):

Gold Eagle Mintages

Pretty good site, you can navigate to all the other US bullion. >>



Huh? I thought this was about the difference between the 2008 / 2008W $50 Gold Buffalo. I don't particularly see that the $1200 difference in bid between the two is rational. >>



My bad. Wrong linky provided. Try this one, there's a similar site for each type Modern US Gold/bullion. The difference in current market price is based on the difference in number minted. 10 times as many non-W's were minted.

Gold Buffalo mintages and info