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$50 Buffalo 24k Gold

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New Member
United States
48 Posts
 Posted 06/28/2006  12:41 pm  Show Profile   Bookmark this reply Add Shooter to your friends list
Thanks Morganman, I learn something everyday by coming here thanks to all of you good people.
Pillar of the Community
United States
1203 Posts
 Posted 06/28/2006  1:12 pm  Show Profile   Bookmark this reply Add OldDan to your friends list
We speak of the 1995w as being one of a kind and the price taking off to the moon! Well, has anyone considered the fact that this proof Buffalo will be the one and only version made that will have Fraser's original 1913 rough surface texture in the fields of both the Indian Head and the Bison devices.
This fact alone widens the number of persons who might be interested in such finishes to want one of the coins. The more people that want one, the more it will hold and/or advance in worth. This may be a winner, after all.
Pillar of the Community
United States
1626 Posts
 Posted 06/28/2006  1:15 pm  Show Profile   Bookmark this reply Add Tpatna to your friends list
Good point OldDan. I hope it does go to the moon. These did not sell out as fast as I thought they would.

Tim
Pillar of the Community
United States
1203 Posts
 Posted 06/28/2006  1:16 pm  Show Profile   Bookmark this reply Add OldDan to your friends list
quote:
Originally posted by Shooter

Were you notified by the mint when they will ship your coins in the confirmation email or did they send you another email saying when they would ship your coins?
Thanks,



Not on the confirmation notice, but just the other day (Thur or Fri I believe)of the shipping date, on a second notification.
Bedrock of the Community
United States
12437 Posts
 Posted 06/28/2006  2:12 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list
The biggest difference between this first year buffalo and the 1995W ASE is the fact that only ~30,000 ASEs were made vs. 300,000 buffalos.
New Member
United States
48 Posts
 Posted 06/28/2006  2:36 pm  Show Profile   Bookmark this reply Add Shooter to your friends list
Thanks, I went to the Mint sites "Track Order" and it told me the order was being processed. I become anxious because you never know what can happen here. These coins could have sold out in a few hours and you miss out. I kept trying and late afternoon I was able to place my order. That told me these would not last long and would be a great addition to my collection so, I was glad to have gotten thru. Dan, I subscribe to your thoughts of these becoming highly sought after once the dust settles. Do you think the mint tests the water with these sales? If they smell a big profit they will mint whatever the market will bare or are they committed to the mintage they advertised? I understand a mechanical failures at the mints means they wont make their quota and will mint less which, will drive the price up later on. I suppose the chances of that happening are slim to none.

Until mine arrive I am like a little kid again, waiting for Christmas day to arrive. Who would ever have thought I would ever experience that again after 65 years. Thanks again everyone.
Pillar of the Community
United States
1541 Posts
 Posted 06/28/2006  2:47 pm  Show Profile   Bookmark this reply Add shatsi to your friends list
quote:
Originally posted by biokemist6

The biggest difference between this first year buffalo and the 1995W ASE is the fact that only ~30,000 ASEs were made vs. 300,000 buffalos.


I believe 300,000 will serve the collector base who can afford to spend $800. Not many would buy it.
Valued Member
United States
397 Posts
 Posted 06/28/2006  3:06 pm  Show Profile   Bookmark this reply Add morganman to your friends list
In my opinion, its value later will depend upon factors such as if they are going to coin the same design in 2007 bullion, or if they change the design. If the design is changed, I think these will appreciate a lot. If they do 10 years of 300,000 buffalo proofs, then we may not see much above bullion prices.

Remember, they said 300,000 of the >2006< proofs. Nothing precludes them from doing 300,000 2007 Buffalo proofs.... Or even higher numbers....

If that is not the case, someone more knowledgable than me please correct me.

MM
Pillar of the Community
Canada
1152 Posts
 Posted 06/29/2006  5:03 pm  Show Profile   Bookmark this reply Add pattiewhack to your friends list
I dunno which I should get!
I just hope they wont be sold out buy the time I have the ca$h
(tomorrow)
andrew
Pillar of the Community
Canada
1152 Posts
 Posted 06/29/2006  5:06 pm  Show Profile   Bookmark this reply Add pattiewhack to your friends list
ok I went back to that site I talked about before, and they are selling but now for $636!!
GAAAAAH!
Andrew
New Member
United States
48 Posts
 Posted 06/30/2006  12:02 pm  Show Profile   Bookmark this reply Add Shooter to your friends list
Fed Ex just delivered my Buffalo Proof order. This coin is beautiful when you get to see & hold one in your hands. I am a happy camper with this one. The rest of you should be seeing yours soon. As of last night when I looked at the Mints,Track Order they were still processing my order so I did not expect to see the Fed Ex guy in my driveway today.
Pillar of the Community
Canada
1152 Posts
 Posted 06/30/2006  12:51 pm  Show Profile   Bookmark this reply Add pattiewhack to your friends list
I Wonder... is there a place where I can get the proof still?
Bedrock of the Community
United States
14454 Posts
 Posted 06/30/2006  1:29 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list
quote:
Originally posted by pattiewhack

I Wonder... is there a place where I can get the proof still?




I am sure you can still order them from the mint directly at www.usmint.gov
Pillar Of The Community
3147 Posts
 Posted 07/29/2006  9:53 pm  Show Profile   Bookmark this reply Add crystalk64 to your friends list
Okay, being the buffalo fanatic that I am I finally broke down and order my unc. buffalo today from my dealer. A buddy of mine asked me to order him one and I just couldn't stand putting it off any longer. Next Saturday a will finally have a gold one to lead my herd! Also picked up three Buffalo nickels today as well. Two will be for trading but the 3rd will remain in my collection as I seldom see the 38D, D over S, for sale and this one is much clearer than the one I already have! I have for the most part decided to pursue the Buffalo nickel, or anything with a buffalo full time, until something else strikes my fancy! The herd is going to get much bigger!!!
Pillar of the Community
United States
751 Posts
 Posted 08/07/2006  1:41 pm  Show Profile   Bookmark this reply Add texasmick to your friends list
I've got a couple of questions about buying a gold buffalo:

First, was there another thread that listed places to buy the MS coin? I'm wondering if anyone has a link to a seller charging less than $35-$40 above spot.

Second, I see that the mint is still selling proofs at $800. It seems that the gap between PF and MS coins has narrowed substantially. How does that change the way you weigh buying one coin or the other? Does anyone have any info about whether the Mint has talked about raising prices or mintage figures to date?

Finally, it seems that the Mint will make another 300k proof buffs in 2007. Does anyone know for certain that the design will be unchanged? How does that info change the way you feel about the coin as an investement?

TIA
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