How much is a Gold Buffalo worth?
$4,412.39
melt value of 1 troy oz fine gold
Spot $4,412.39 / troy oz | swissquote | 17:40 UTC
Specification
| Gross weight | 31.108 g |
|---|---|
| Fineness | 999.9 (99.99%) |
| Fine gold content | 31.105 g |
| Fine gold, troy oz | 1 |
| Diameter | 32.7 mm |
| Mint | United States Mint |
| Country | United States |
| Face value | $50 |
| First issued | 2006 |
About this coin
The first 24 carat coin the US Mint ever struck, introduced twenty years after the Eagle to compete with the Maple Leaf on purity. Because it is .9999 fine its gross weight is almost identical to its gold content, which makes it softer and easier to mark than the Eagle - collectors handle it carefully for that reason.
How this size compares
| Fine gold | 31.103 g |
|---|---|
| In troy ounces | 1 ozt |
| In pennyweights | 20 dwt |
| Equal to | 4.25 gold sovereigns |
| Bars per kilo | 32.15 of these make one kilo of gold |
Questions people ask
- How much is a Gold Buffalo worth today?
- Its gold content is worth $4,412.39 at the current spot price of $4,412.39 per troy ounce. That is the melt value - it contains 1 troy ounces of fine gold. A dealer will pay under this figure when buying and charge over it when selling.
- How much does a Gold Buffalo weigh?
- 31.108 grams gross at 999.9 fineness, which is 31.105 grams of actual gold. The gross weight is what your scale reads; the fine weight is what it is worth.
- Who makes the Gold Buffalo and is it legal tender?
- It is struck by the United States Mint in United States, first issued in 2006. It carries a face value of $50, which is symbolic - the gold in it is worth many times that.
- What premium should I expect to pay over melt on a Gold Buffalo?
- Dealers quote a premium over the melt value to cover minting, distribution and margin. It is generally lowest on large bars and highest on small fractional coins, and it widens when demand spikes. Compare the total price against the melt figure above rather than comparing dealers on premium alone.
- How current is this valuation?
- It is calculated live from the spot price, currently $4,412.39 per troy ounce from swissquote, read at 17:40 UTC. Nothing on this page is a cached daily figure.