2010 Gold Buffalo Bullion Coins: First Day Sales Hit 48,500
kimber45ACP
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2010 $50 American Gold Buffalo bullion coins debuted to roaring sales of 48,500 on their first day of issue, according to the United States Mint.
The U.S. Mint on Tuesday told its authorized purchasers that the 24 karat gold coins would be released Thursday, April 29. Buyers were ready.
The one day sales represent 15.0% of all the bullion Buffalos sold in their inaugural 2006 year, 29.0% of those in 2007, 28.2% of 2008 and 24.3% of 2009.
Gold coin blank shortages resulted in a late year release for the 2009 versions. Their coin sales were considered hot when 71,500 were ordered between their launch on a Thursday, October 15, to the following Sunday, October 18. The 2009 supply was depleted by December 4. Sales during their short release had topped those from all of 2007 and 2008. It would appear the 2010-dated pieces could be headed for their own record.
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The U.S. Mint on Tuesday told its authorized purchasers that the 24 karat gold coins would be released Thursday, April 29. Buyers were ready.
The one day sales represent 15.0% of all the bullion Buffalos sold in their inaugural 2006 year, 29.0% of those in 2007, 28.2% of 2008 and 24.3% of 2009.
Gold coin blank shortages resulted in a late year release for the 2009 versions. Their coin sales were considered hot when 71,500 were ordered between their launch on a Thursday, October 15, to the following Sunday, October 18. The 2009 supply was depleted by December 4. Sales during their short release had topped those from all of 2007 and 2008. It would appear the 2010-dated pieces could be headed for their own record.
LINK
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Gotta put your hard-earned euros somewhere....
Miles