Aarup Jordan

Once the U.S. Mint declared it was putting a gold bullion coin to its line of gold coins, it appeared to be a opportunity" for the Mint to fully capture a huge chunk of 24-karat gold coin market. When legislation was passed mandating that the new coin bear James Earle Fraser's types that graced the popular Buffalo/Indian Head nickels from 1913 through 1938, the new coin's future seemed even better.

But, on release of the brand new Buffalo silver coin, the Mint's golden opportunity has turned into a nightmare at the retail level. Having a flat finish and fully capturing the Fraser styles, the presentation makes the coins a nightmare, as the money itself is quite impressive.

While the bulk of the blame could be put on Congress for trying to "micro-manage" distribution and generation of the coins, the Mint should take its share of the blame for the choice of packaging, having not regarded, the aspects of the packaging.

Congress required that the coins be separately encapsulated to protect them from damage, obviously in order to avoid problems that have increased with 1-oz Canadian Maple Leafs. Further, Congress required that the Mint have the coins ready for distribution by the conclusion of June. The Mint had to decide on a technique of packaging that was readily available and that could provide anticipated large volume sales, to meet the deadline.

The Mint chose a semi-rigid Mylar presentation, five coins horizontally with four coins down, creating twenty coins to a sheet. With large spacing between your coins, inches are measured twelve by a "sheet Buffalos" by sixteen inches. We discovered gold in 401k by browsing Google. If you know anything, you will maybe fancy to compare about gold 401k rollover. Several problems are caused by the packaging.

Because of the stiffness of the Mylar, a sheet can't be collapsed into a bundle. Orders for significantly less than twenty coins need to cut out of the sheets for the coins to be packed compactly, that will be desiredand expectedfor gold bullion coins.

Certainly, the semi-rigid appearance for the Buffalos was supposed to provide durable security. But, the Mylar is indeed firm that the original sheet of twenty Buffaloes cannot be easily stored. A sheet of twenty can be rolled