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Add gold Buffalo to shortage list

The one-ounce gold Buffalo bullion coins have now been added to the gold and silver American Eagles where demand is exceeding the Mint’s ability to produce the coins. The following memo was sent to the Mint’s authorized purchasers:

September 25, 2008

MEMORANDUM TO ALL AMERICAN BUFFALO AUTHORIZED PURCHASERS

SUBJECT: American Buffalo 24-Karat Gold One-Ounce Bullion Coins

Demand has exceeded supply for American Buffalo 24-Karat Gold One-Ounce
Bullion Coins, and our inventories have been depleted.  We are,
therefore, temporarily suspending sales of these coins.

We are working diligently to build up our inventory and hope to resume
sales shortly.  We will keep you updated as information becomes
available.

The United States Mint currently has inventory of the following bullion
coins:  American Eagle Gold fractional coins (1/2 oz., 1/4 oz., 1/10
oz.) and American Eagle Platinum (all denominations).  Allocations will
continue for the American Eagle 22-Karat Gold One- Ounce and American
Eagle Silver Bullion Coins.

Thank you for your patience and understanding.

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One Response to Add gold Buffalo to shortage list

  1. Scott in DC says:

    Has anyone considered that the folks at the US Mint needs to go back to school to learn more about supply chain management?

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