The United States Mint will begin sales of the 2022 American Buffalo proof gold coin starting today. Sales will begin at Noon Eastern, 9:00 AM Pacific. Both mintage and production limits of 16,000 are in place but there is no household limit on the number of coins that can be purchased. The limits are new for this year as the Mint continues to struggle with bullion supplies for gold and silver coins and bullion products.
The 2022 American Buffalo is priced at $2,790 by the Mint.
The West Point minted 24-karat gold coin features designs based on the original 1913 Type I Buffalo nickel designed by James Earle Fraser. It has a $50 face value and is made of 99.999% pure gold. The coin was introduced in 2006 and has become one of the more popular bullion coins from the Mint, in large part to the popular Buffalo nickel design. You can read about the history of the American Buffalo coin in this Coin History article.
The American Buffalo gold coin made its debut in 2006. The uncirculated version of the coin was made available to dealers on June 20, 2006 while the proof version was made available to the public directly from the United States Mint on July 22, 2006. The 2006 Proof had a strict strike mintage limit of 300,000 coins and a limit of 10 coins per household was put into place on the coin. The coin was priced at $800. The 2006 American Buffalo today in MS-70 sells on average for $1900.