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2010 Gold $50 Proof.....sold Out.

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legend's Avatar
United States
182 Posts
 Posted 09/29/2010  12:48 pm Show Profile   Bookmark this topic Add legend to your friends list Get a Link to this Message Number of Subscribers
28 Sept, 2010....The US Mint has announced that mintage of the 2010 Proof fifty dollar buffalo has ceased. They are out of blanks, and will produce no additional Buffalo Fifty Dollar Proofs.
Final mintage, as yet to be determined, appears to be in the 30,000 to 35,000 total piece range.
ebay has sellers with items in stock as of 12:50 Eastern Standard Time. Three pages of sellers, a handful of BIN sellers, some first strikes, also sellers with three to ten lots for sale.
Good luck to all of us, Holy Moly.
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carmykle's Avatar
United States
2448 Posts
 Posted 09/29/2010  1:48 pm  Show Profile   Bookmark this reply Add carmykle to your friends list Get a Link to this Reply
And I thought the UHR AGE was expensive, can't wait to see these.
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timsumrall's Avatar
United States
1256 Posts
 Posted 09/29/2010  1:55 pm  Show Profile   Bookmark this reply Add timsumrall to your friends list Get a Link to this Reply
I'll just wait and pull some out of circulation
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eaglefoot's Avatar
United States
6326 Posts
 Posted 09/29/2010  2:21 pm  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
I got 2 of the 06's when they came out.......none since then.......but I've seen '07's, '08's & '09 Proofs going for A LOT OF MONEY in coin mags..& Eagles too....Proof and/or Uncirc's...graded and ungraded...these 2010's will surpass those prices big time, I'm sure, if there is indeed a super low mintage.

Sure wish I were rich........
Edited by eaglefoot
09/30/2010 11:27 am
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BH1964's Avatar
United States
10982 Posts
 Posted 09/29/2010  2:35 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
These are still available on the Mint's website at $1,560 each. Don't pay more than that buying elsewhere.
ANA #R3154474
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pfriddle's Avatar
United States
151 Posts
 Posted 09/29/2010  4:11 pm  Show Profile   Bookmark this reply Add pfriddle to your friends list Get a Link to this Reply
The mintage doesn't look too out of line with the oher years (except 2006). The mintage on the $50 proofs was only 18,863 in 2008.

http://goldbuffaloguide.com/mintages/

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Money's Avatar
United States
160 Posts
 Posted 09/29/2010  5:22 pm  Show Profile   Bookmark this reply Add Money to your friends list Get a Link to this Reply
I have a quick question. One the Mints website they say that they temporarily suspended the American Eagle gold coins and that they didn't even make any in 2009.... but I see people selling them on ebay and other websites. So did the Mint only sell them to businesses or what?
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BH1964's Avatar
United States
10982 Posts
 Posted 09/29/2010  10:12 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply

Quote:
....they didn't even make any in 2009.... but I see people selling them on ebay and other websites. So did the Mint only sell them to businesses or what?



No Proof Gold Eagles were struck in 2009 so no genuine 2009 GAE proofs exist. Any for sale would be either fakes or re-strikes by private individuals.

If you see 2009 Proof Gold American Eagles for sale, please post a link.
ANA #R3154474
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Wilbur Clark's Avatar
United States
57 Posts
 Posted 09/29/2010  11:34 pm  Show Profile   Bookmark this reply Add Wilbur Clark to your friends list Get a Link to this Reply

Quote:
The US Mint has announced that mintage of the 2010 Proof fifty dollar buffalo has ceased.

I just ordered two at 8:30 pacific time tonight. So, they are not done taking orders yet!
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Wilbur Clark's Avatar
United States
57 Posts
 Posted 09/29/2010  11:42 pm  Show Profile   Bookmark this reply Add Wilbur Clark to your friends list Get a Link to this Reply

Quote:
I got 2 of the 06's when they came out

I bought two of each year through 2010. Just ordered two, luckily I saw this thread as I forgot all about them. Back in 2006 I was only going to order one, but changed my mind & made it two. Glad I did looking back on it.
New Member
United States
3 Posts
 Posted 09/30/2010  07:01 am  Show Profile   Bookmark this reply Add keep_it_warm to your friends list Get a Link to this Reply
When you guys/gals are ordering these proof coins at $1,560.00 a piece. I'm assuming you are doing it to add to your private collections? Or is it with the hopes that gold will go a lot higher? Or is it both?

What do you do with the proof coins once in your hands? Do you have them graded? Or keep and display in the commemorative boxes they come with?
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Bryan1315's Avatar
United States
14454 Posts
 Posted 09/30/2010  07:08 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I keep them in the OGP myself. I also usually get 1 each year they are avail;able since they started minting them and have bought 2 or more of them so if Gold goes up I will sell the extra and still keep one myself. The first one I purchased I think was like $900.00, I bought 2 of them and sold the extra for $1400.00 so that means I have $400.00 in the one in my collection
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Bryan1315's Avatar
United States
14454 Posts
 Posted 09/30/2010  07:11 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply

Quote:
I have a quick question. One the Mints website they say that they temporarily suspended the American Eagle gold coins and that they didn't even make any in 2009.... but I see people selling them on ebay and other websites. So did the Mint only sell them to businesses or what?
They made the Gold Buffalo in proof with the 2009 date on it. They also 2009 Bullion Gold American Eagles just no proofs, maybe thats what you are seeing for sale
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legend's Avatar
United States
182 Posts
 Posted 09/30/2010  10:54 am  Show Profile   Bookmark this reply Add legend to your friends list Get a Link to this Reply
One interesting thing about the Proof Gold Eagles and retirement plans. Sometimes there is a requirement that you have original government packaging, including the plastic holders and Authenticity data for it to be used in an IRA. So keep that packaging when you do get an item graded. Oh, and my Proof Buffalo and Eagles....well I get them mailed to my home at 49773A Westershire Rd in Poughkeepsie New York, and I proudly display my collection on the wall facing our always opened Bay window, so passersby can see them from the road. YUK YUK.
YIAWTA!!
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eaglefoot's Avatar
United States
6326 Posts
 Posted 09/30/2010  11:30 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply


I just have a sign up in my yard saying "Valuable coins inside.....no safe.....spare key under the doormat'

Edited by eaglefoot
09/30/2010 11:31 am
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