Product Details


  

 

The American Buffalo, also known as a gold buffalo, is a 24-karat bullion coin first offered for sale by the United States Mint in 2006. The coin follows the greatly admired design of the Indian Head nickel and has gained its nickname from the American Bison on the reverse side of the design.

This was the first time ever that the United States Government has minted pure (.9999) 24-karat gold coins for the public. The coin has a legal tender (face) value of US$50.

Due to a combination of the coin's popularity and the tremendous increase in the price of gold since its creation the coin's value has increased considerably in a short time of just a few years.


Pricing Details:

Points computation: 1 coin = 10.00 points

Tier
Points required
Price
(USD)
Price/Gram
(USD)
Price/oz
(USD)
Percentage
Over Spot
Buy/Sell
Spread
1
-
1,841.48
59.205
1,841.48
7.61%
6.31%
3
3000.00
1,839.48
59.141
1,839.48
7.49%
6.21%
5
10000.00
1,837.48
59.076
1,837.48
7.37%
6.11%

Unblock capital from your bullion with our Secured P2P Loans

  • Use this product as collateral to borrow 62.5% (1,069.56 USD) of its value
  • Current best rates for borrowing
    • 1 month loan at only 1.8% per annum (Interest: 1.56 USD)
    • 6-month loans at only 2.8% per annum (Interest: 14.71 USD)
    • 12-month loans at only 2.8% per annum (Interest: 29.41 USD)
    • 24-month loans at only 3.5% per annum (Interest: 74.87 USD)


Storage Fees

Duration Fixed Storage Fee
Per Coin
Fixed Storage Fee
Per Parcel
6 months 3.47 USD * 69.47 USD
12 months 6.95 USD * 138.94 USD
24 months 13.89 USD * 277.88 USD
36 months 20.84 USD * 416.82 USD
60 months 34.73 USD * 694.70 USD

Other Services:

Item Cost Per Coin
Transfer-in and testing 1.59 USD

* Stored in multiples of 20 coins and can be collateralized. Any unused storage will be refunded upon sellback or delivery.