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Mint halts sales of gold proof Buffaloes and “W” uncirculated platinum American Eagles

?No sale? is once again being rung up on the U.S. Mint?s cash register as proof 2007 Buffalo gold one-ounce coins became unavailable Oct. 9. Platinum ?W? uncirculated American Eagle coins followed Oct. 10 as did bulk sales of platinum American Eagle proof sets.

A statement posted on the Web site noted: ?Due to the increasing market value of gold, the American Buffalo gold proof one-ounce coin is temporarily unavailable while pricing for this option can be adjusted; therefore, no orders can be taken at this time.?

The platinum statement was similar.

This follows the removal from sale on Sept. 13 of the ?W? uncirculated gold American Eagles and bulk sales of four-coin gold American Eagle proof sets. These have yet to be reoffered, though new prices were supposed to be published in the Federal Register Oct. 11, the day this issue of Numismatic News went to press.

The old price for the one-ounce gold proof was $825.95 each. Gold bullion was trading in the $730s per ounce when Buffalo coin sales were suspended.

For more, read Editor Dave Harper’s blog, Buzz.

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