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2008 $50 Gold Buffalo Coin

2008 $50 Gold Buffalo Coin

The 2008 1 oz Gold Buffalo had a total mintage of just over 189,000 from the Philadelphia Mint. This Gold Buffalo regular strike, uncirculated coin can be found in most Mint State grades up to a perfect Mint State 70. It is worth the effort to find a sharply struck coin with great overall eye appeal. The 2008-W $50 American Gold Buffalo coin has a unique history compared to some of the others in the series. 

 

History of the 2008 1 oz Gold Buffalo Coin

The U.S. Mint wanted to capture a more Asian American audience with the 2008 1 oz Gold Buffalo by releasing it in conjunction with the Lunar New Year. While this was a nice marketing strategy, there was no differentiation between the celebration coin and any other 2008 versions. The only difference was the box that it came in, which was a red velvet gift box that was used to entice different nationalities to purchase the Gold Buffalo coins. James Earle Fraser designed this beloved series using a modified version of the Indian Head Nickel (Type 1) design. It didn’t feature a mint mark, which was common with these uncirculated, regular strike coins at the Philadelphia Mint. 

 

2008 $50 Buffalo Gold Coin Value

The 2008 $50 Buffalo Gold Coin value ranges from around $2,000 to upwards of $3,500 or more for the highest grades of the coin. As gold prices continue to rise, so does this 24 karat gold coin value. The 2008 1 oz Gold Buffalo would make a unique addition to any Gold Buffalo coin series collection. 

 

Type of coin: .9999 Fine Gold

Year: 2008 $50 Gold Buffalo Coin

$50 Gold Buffalo Coin Mint Mark: Philadelphia

Total mintage: 189,500

Metal content: 99.99% Gold

Face value: Fifty Dollars

Weight: 31.11 grams

Edge: Reeded

Designer: James Earle Fraser

Diameter: 32.70 millimeters