2025 Gold $50 Proof Buffalo to be record low mintage?
HalfDime
Posts: 654 ✭✭✭✭
I was checking coin inventories and came across the 2025 Gold Buffalo Proof $50 coin that is still for sale on the mint website.
Many of us remember when these first came out way back in 2006. It had a record high mintage of 246,267.
Slowly over the years that mintage has declined as it was a yearly release up to now. So what is the possible mintage for this year?
I see from mint sales report we have 6,567 sold up to now. In inventory (assuming it is correct) we have 1,323 left.
That means a total possible mintage of 7,890.This is the first time this coin has broken below the 2008 low mintage key date of the UNC $50 gold buffalo of 9,074. This is how far the proof gold buffalo coins have fallen when it goes below UNC levels.
Will they make these next year, and will the mintage fall below this year? Only time will tell. but the 2025 $50 proof gold buffalo is a possible record low mintage and would be the new key date coin of the series.
Comments
what was the issue price at the time of each release?
PS This appears to be a possible record low mintage for any buffalo gold or silver coin in any denomination, including the fractionals.
That is cool and I appreciate your insight and analysis, but who here wants to pay the 2025 entry fee?
That being said, I still hold those 2008 gold Buffaloes.
i guess we are looking at the race to the bottom here
With the price of gold it makes sense. Sell some commons and buy the rare one.
i wouldn't buy a proof buff as rare right now
If gold continues it's bull run leg to new heights in prices, that buffy will just be considered bullion. IMHO
I really like these coins, but the mintages remind me of when we started to see ultra-low modern half eagle commem mintages. At first there was the idea that "this is the new key..." then "no, wait...this is the new key..." and now it just seems like "wait until the next one..." and they are all ultra-low mintages.
In honor of the memory of Cpl. Michael E. Thompson
Needs a cow pie privy mark for the cat' meow!
Except for the fractionals, the rest are already bullion. Here's the wholesale price from upstate. They are $30 over spot on a $4000 coin.
All comments reflect the opinion of the author, even when irrefutably accurate.