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Is the new gold buffalo coin from the US Mint a good buy? | Collecting Gold Coins

Is the new gold buffalo coin from the US Mint a good buy?

by on 2012/01/24

Question by JustThinking: Is the new gold buffalo coin from the US Mint a good buy?

Best answer:

Answer by Slim Whitman
It is priced way above spot, If you buy a proof version it would be a decent long term hold. I'd stick with Mapleleafs, Silver Eagles or Kruggerands for bulk investing

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Tagged as: Buffalo, Coin, From, Gold, Good, Mint

{ 2 comments… read them below or add one }

Danl January 24, 2012 at 7:44 PM: It is a good buy for the mint to make money.
jlamb_2000 January 24, 2012 at 8:15 PM: Stay with silver eagles for your bullion. You can readilly purchase them for a minimum over the price of silver. There is also a chance of finding a bank that sells them at spot. Check around.