The West Point Mint began packaging 2016 American Buffalo gold bullion coins in tubes similar to what is used for American Eagle bullion coins for pickup by the U.S. Mint’s authorized purchasers.
The packaging change is pursuant to provisions of Public Law 114-94 enacted in December.
From the time of their introduction in June 2006 until the May 4 announcement of the packaging change, the American Buffalo 1-ounce .999 fine gold coins were packaged in compartmentalized soft sheets of clear plastic, 20 coins to a sheet, 25 sheets to a 500-coin box.
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The bullion coins are picked up at the West Point Mint by the authorized purchasers for further shipment.
According to a May 4 U.S. Mint memo to the authorized purchasers, the American Buffalo gold coins will now be packaged in tubes and a hard plastic outer protective case.
Each box will hold 25 tubes of 20 coins per tube. In total, each box will contain 500 ounces of American Buffalo gold bullion coins.
The outer protective plastic case will be orange to distinguish it from the other bullion coin boxes used for shipping American Eagles. The tube cap will also be orange.
The change was made not only as a cost savings and to attain uniformity in bullion coin packaging, but also to minimize damage to the coins, since the 24-karat American Buffalo coins are softer than the 22-karat gold American Eagles.