How To Buy the Buffalo Gold Coin - Bullion, Dealers, Prices

American Buffalo gold coins are relatively new to the gold coin scene, having only recently been produced and made available for those of us who want to buy gold.  Like their American Eagle gold coin brethren (bet you didn't know a buffalo could be related to an eagle), these Buffalo gold coins carry a U.S. Governmental guarantee as to the quality and quantity of gold in each coin.  This ensures that the Buffalo gold bullion will be recognized in markets around the world -- the values won't be called into question. Buffalo gold won't be hard to buy, as long as you do a bit of simple research, and there are many dealers selling it.

But unlike the 22 karat American Eagle gold coin, about eight percent of which is other metal, the Buffalo gold coin is pure 24 karat gold.  99.99 percent of every coin is guaranteed gold!  The price of these coins is based on the price of gold and a slight addition in price to account for the process of making the coin. All of these factors make the Buffalo coin one fo the most popular gold investments. Here's how to find this bullion for sale at the best price.

1. The United States Mint has a tool enabling you to locate dealers in your area.  All you have to do is select your state. While on their website, you should also view gold coin prices on their pricing chart, which gives prices based on the price of gold today.
2. Visit Yahoo or Google to search for "Buffalo gold coin."  You'll find dozens of good results, including Northwest Territorial Mint and Blanchard.  Be sure to check multiple dealers and compare prices; even the two websites I just provided are selling the Buffalo gold coin for different prices.   
3. Check your phone book by browsing through the "gold" or "coins" sections to find local dealers that way.

The U.S. Mint has also made a proof version of the Buffalo gold coin for collectors, but only made 300,000 of them.  It sounds like a big number, but over 244,000 of the Buffalo gold bullion coins have already been sold. 

You can buy your Buffalo gold proof coins directly through the U.S. Mint.  Either call 800-USA-MINT, or visit the United States Mint website.  They're sold individually. 

Another option is to visit online auctions like eBay to try to find one cheaper than the going rate on the U.S. Mint site, but be sure you can trust the dealer and don't buy a Buffalo gold proof coin for more than you would purchase it from the source. Always compare gold prices before you buy gold, whether bullion or gold bars; don't pay any more than you need to. The same, of course, also goes for silver prices when investing in silver bullion. There are just as many scammers trying to sell gold too high as there are trying to buy scrap gold for too little.

The Buffalo gold coin is a newcomer on the 24 karat gold coin stage, joining the popular Canadian Maple Leaf and Krugerrand.  It will be exciting to see how the bovine behemoth fares against the other world coins.