More Gold Buffalo Coins
Buyers of one-ounce
American Buffalo gold bullion coins are getting
another chance, according to a Mint memo:
MEMORANDUM TO ALL AMERICAN BUFFALO BULLION COIN
SUBJECT, 2008 American Buffalo Bullion Coins
On Monday, November 3, 2008, the United States
Mint will resume taking orders for 2008-dated
American Buffalo One Ounce Gold Bullion Coins.
Final inventory for these bullion coins is based
on current in-house blank supplies and supplies
are limited. The United States Mint will
allocate these remaining coins among the
The United States Mint will use a slight
modification of its standard allocation process,
which is as follows:
Monday morning, the inventory available for sale
that week will be divided into two equal pools
for this bullion coin product.
The first pool for this bullion coin product
will be allocated equally to all active American
Buffalo One Ounce Gold Bullion AP's respectively
(active AP's are those which have purchased
American Buffalo One Ounce Gold Bullion Coins in
the past three fiscal years).
The second pool will be allocated based on each
AP's sales performance for this bullion coin
product in the last three fiscal years (e.g., an
AP who purchased 30% of all American Buffalo One
Ounce Gold Bullion Coins during this time will
be allocated 30% of this second pool).
Each AP will be advised via fax Monday morning
(or if a government holiday, Tuesday morning) of
its allocation, and will have until 3 p.m. on
the following Friday to place an order for its
Any unordered coins remaining after 3 p.m.
Friday will be put back into the pool for
allocation the following Monday only until coin
inventory for this product is depleted.
Included in the communication with each AP's
initial allocation on November 3 will be its
allocation percentage based on sales
Thank you for your patience and your continued
support of the United States Mint Bullion Coin
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