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-   -   American Buffalo Gold Coin (http://goldismoney.info/forums/showthread.php?t=298628)

Ebie 09-06-2008 11:06 PM

American Buffalo Gold Coin
 
From Wikipedia:

The coin was created in order to compete with foreign 24-karat gold bullion coins. Since investors usually prefer 99.99% pure gold over the 91.67% gold used in the American Gold Eagle, many were choosing non-US coins, such as the Canadian Gold Maple Leaf, to meet their bullion needs. With the American Buffalo coin, the U.S. government hopes to increase the amount of U.S. gold sales and cash in on the 24-karat sales, which makes up about 60% of the world gold market.


Question: Is the Buffalo coin less durable than the AGE 22 Karat coin?

tampa78 09-06-2008 11:31 PM

Re: American Buffalo Gold Coin
 
Yes. It is softer and scratches easier. But very nice if they are protected:) Both have 1 ounce of gold but the AGE is alloyed with other metals to make harder


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