2022-W $50 Proof American Buffalo Gold Coin Released | CoinNews

nowadays at noon ET, the United States Mint will start selling their 2022-W $ 50 Proof American Buffalo Gold Coin. Each is produced at the West Point Mint for coin collectors and contains an ounce of .9999 all right 24-karat gold .
This collectible is a companion to investor-targeted bullion versions besides minted each class. Both series debuted in 2006 as the U.S. Mint ’ sulfur first always 24-karat aureate coins .
Pricing for the proofread mint is $ 2,790.00. That is discipline to change weekly, however, based on the Mint ’ s pricing matrix that ties coin prices to fluctuations in the gold market. The mint ’ s current monetary value is based on an average of LBMA aureate prices that resides within $ 1,850.00 to $ 1,899.99 an ounce .
Coin Designs and Specifications

American Buffalo Gold Coins bear a design based on the 1913 Buffalo nickel, Type 1, as created by sculptor James Earle Fraser .
Obverses ( heads side ) offer a likeness of an american Indian. The right-facing visibility is said to have been created using a combination of real men Fraser encountered .
Inscriptions around the portrait include “ LIBERTY ” and “ 2022. ” The artist ’ s initial of “ F ” is besides shown .
Reverses ( dock slope ), we find the reference of the coin ’ mho naming. An american Buffalo, besides known as a bison, is shown standing on a pile of dirt .
change by reversal inscriptions include “ UNITED STATES OF AMERICA, ” “ E PLURIBUS UNUM, ” “ IN GOD WE TRUST, ” “ $ 50, ” “ 1 OZ., ” and “ .9999 FINE GOLD. ”
U.S. Mint provided specifications for the mint are as follows :
Coin Specifications

Denomination: $50
Finish: Proof
Composition: 99.99% Gold
Diameter: 1.287 inches
(32.70 mm)
Weight: 1.0000 troy ounce
(31.103 grams)
Edge: Reeded
Mint and Mint Mark: West Point – W
Privy Mark: None

2022-W $50 Proof American Buffalo Gold Coin Sales (2006 to 2021)
Despite their higher price, thousands of these gold coins are sold annually, as illustrated in the board below .

Year Opening Price Final Sales
2021 (released on May 14) $2,740.00 16,854
2020 (released on April 9) $2,315.00 11,887
2019 (released on April 12) $1,660.00 14,844
2018 (released on May 10) $1,710.00 15,756
2017 (released on May 11) $1,590.00 15,810
2016 (released on March 31) $1,590.00 21,878
2015 (released on April 9) $1,590.00 16,591
2014 (released on May 8) $1,640.00 20,557
2013 (released on May 23) $1,790.00 18,594
2012 (released March 15) $1,960.00 19,715
2011 (released May 19) $1,760.00 28,683
2010 (released June 3) $1,510.00 49,263
2009 (released October 29) $1,360.00 49,306
2008 (released July 22) $1,199.95 18,863
2007 (released May 23) $825.95 58,998
2006 (released June 22) $800.00 246,267

other variations of the coin have besides been issued in past years by the U.S. Mint including fractional sizes and a extra rearward proof edition .
Ordering and Mintage
2022-W $ 50 Proof American Buffalo Gold Coin may be ordered immediately from the U.S. Mint via its web page dedicated to gold coins .
mintage for the coin is capped at 16,000 .

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source : https://ontopwiki.com
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