The 2006 American Buffalo Gold Proof One Ounce Coin is now on sale from the US Mint for $800. There is a purchase limit of 10 coins with delivery scheduled for July 13, 2006.

Although the Mint is selling only proof coins to the general public, dealers have sending offers to sell the uncirculated coins in the range of $675-699. As I write this, the spot price of gold is $580.

The James Earle Fraser Type 1 Buffalo design is one of my favorite coin designs. It is a truely American design. It will be interesting to see how the rest of the world reacts to this coin. I only wish I could afford one!