5 reasons to invest in the gold buffalo coin in 2021!

5 reasons to invest in the gold buffalo coin in 2021!

by Manish Singh

Investing in gold is one of the best ways to make money. Gold prices are constantly changing, making it a great investment vehicle because you can get in when it’s low and sell when it’s high. The most popular type of gold coin is the American Buffalo Gold Coin. Find out more about the Gold Buffalo coin and five reasons why investing in this particular coin will be profitable for your future!

Background of the Gold Buffalo Coin

The American Buffalo Gold Coin was produced only once by the US Mint in 2006. It is made out of 24k gold and weighs one ounce, or 31.103 grams (just over an eighth of a pound). This coin has the exact measurements of another popular investment coin: The Canadian Maple Leaf Gold Coin.

These coins were intended to resemble the first gold coins that humans ever made. They are 24k and contain one ounce of pure gold. Still, there is a crucial difference: The American Buffalo Gold Coin has an image of Native Americans on its front side, whereas the Canadian Maple Leaf coin has the image of Queen Elizabeth II.

How to Invest in the Gold Buffalos

Unlike other coins and bars, the Gold Buffalos can only be purchased directly from the US Mint. They cost $50 over the spot price (the market value of an ounce of gold), making them a little more expensive than investing in American Eagle or Canadian Maple Leaf coins. However, it is still not as much as buying bullion, such as American Gold Eagles or Canadian Maple Leafs.

The gold buffalo coins are no longer being produced, so the only way to purchase them is through a secondary market dealer such as APMEX. If you wait until 2021, when these coins will be eight years old and have had ample time for their value to increase, they should become much more expensive to purchase. What does this mean for you? Investing in the gold buffalo coin is an excellent idea if you want to make money!

Why You Should Buy These Coins Right Now

Now that we’ve got some background on the Gold Buffalos let’s get down to why investing in these coins should be profitable. Here are five reasons to invest in the gold buffalo coin!

Purity

One of the biggest reasons why you should invest in gold is its purity. Only 24 karat gold can be used to make coins, which means that these are some of the purest types of investment-grade gold out there on the market today! Minting the American Gold Buffalo coin allowed Americans to own pure gold. It is said that the coin boasts a purity of .9999.

They maintain their value

These coins have maintained a high price throughout the years because the US Government guarantees them. Therefore, they are a sure investment for anybody looking to take the plunge. The coin’s classic design is also what makes it retain its value as time passes. Its design espouses the American spirit ingrained in the country’s history. In fact, it is considered one of the most beautiful coins minted by the Mint. When you buy the American Buffalo coin in 2021, you are entering an active market!

They are a great way to diversify

American Buffalo Gold coins will help you diversify your investment portfolio and protect yourself from inflation or economic downturns! Indeed, gold is one of the rarest commodities that maintain value in the face of economic turmoil. Getting yourself these coins enhances your financial security in the event of unforeseeable events. As more people invest in the future, they need something physical to put their money into, which means that now is an excellent time to buy.

The US Government backs up the coin

The United States Mint is an institution that has been around for hundreds of years, and they have produced coins that stand the test of time. Buying American Buffalo Gold Coins means investing in a reliable source! They are guaranteed to be worth at least $50 over the spot price, according to Forbes Magazine (2013). This rates the American Buffalo Gold Coins price at higher levels. With this government-backed investment, you are guaranteed non-depreciation and security for your investment.

Rarity

The Gold Buffalo Coin was only released for one year, which means that you have a very limited supply of these coins available to purchase. This also makes them more valuable over time! Indeed, the coins were only minted between 2008 and 2009, making them scarce commodities that should be traded at high values.

Now you know five reasons to invest in the gold buffalo coin! These coins will make a great investment, whether it’s for diversification, value, or protection from inflation and market downturns. The train is already leaving, get on board!

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