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How Many 2013 Buffalo 1-Oz Gold Reverse Proof Will You Buy?

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Morgans Dad's Avatar
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5641 Posts
 Posted 08/28/2013  4:27 pm  Show Profile   Bookmark this reply Add Morgans Dad to your friends list Get a Link to this Reply
Final mintage guesstimate, less than or equal to 65,000!!!!!!
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tpg22's Avatar
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919 Posts
 Posted 08/28/2013  5:13 pm  Show Profile   Bookmark this reply Add tpg22 to your friends list Get a Link to this Reply
Well if it only reprices on Wednesday this should be it. I can't see them raising the price next Wed and ending sales the next day (the 5th). I was pulling for $1790 to try and slow sales some. I will guess 51000 but I guess it depends if the big houses do some last minute orders. I bought mine on the first day and shipping is listed as 9/8. I think they need to figure out how to get the small collector in on this and not just the big places.
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 Posted 08/28/2013  7:42 pm  Show Profile   Bookmark this reply Add addielise to your friends list Get a Link to this Reply
I'm going to agree with Omxfl and say around 45k, although a decent drop due to cancelations (bad credit cards, people who decide they don't want to pay $1640+ for a coin) wouldn't surprise me. A jump of about 1100 today but I imagine that's from people who were expecting another potential $50 increase today. I just can't see this one getting a flood of last minute orders like the ASE sets due to the price, and I have to imagine all the big players learned from the ASE sets and got their orders in on Day 1 to ensure they'd get theirs in time to be graded.
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SA4H's Avatar
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 Posted 08/29/2013  2:19 pm  Show Profile   Bookmark this reply Add SA4H to your friends list Get a Link to this Reply
I would say the final mintage will be a tad below 50K, which will give this coin some great potential for appreciation (starting next year) - may be $2500, IF the economy hold and gold above $1500/oz + silver above $30/oz..... that's my crystal ball
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tpg22's Avatar
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 Posted 08/29/2013  5:59 pm  Show Profile   Bookmark this reply Add tpg22 to your friends list Get a Link to this Reply
Well almost 40,000 with 7 days to go. They seem to be selling about 1000 a day now. Might jump a little the last day.
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basebal21's Avatar
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 Posted 08/29/2013  6:42 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
If its anything like the other sets the last 2 days should pick up. Id guess itll get over 50k but fall short of 75k. Very bold prediction I know
Edited by basebal21
08/29/2013 6:42 pm
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 Posted 08/29/2013  8:39 pm  Show Profile   Bookmark this reply Add ctguy to your friends list Get a Link to this Reply
I'll guess 48,774 no particular reason for the number, but I did win a guess how many jelly beans in the jar contest once, hit it right on the nose.

Are we using the Price is Right rules? Closest with out going over
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basebal21's Avatar
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 Posted 08/29/2013  10:02 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
Are we using the Price is Right rules? Closest with out going over


If we are I'm changing my guess to 48,775
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 Posted 08/30/2013  05:20 am  Show Profile   Bookmark this reply Add ctguy to your friends list Get a Link to this Reply
@ basebal21
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SA4H's Avatar
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 Posted 08/30/2013  05:36 am  Show Profile   Bookmark this reply Add SA4H to your friends list Get a Link to this Reply
Guess what, Goldmart had about 20 ea of the PCGS PF70 available yesterday (Bison Label & Flag Label) and they are all sold out at $1999. I missed the boat again on these PCGS coins.... Anyone want to guess the next price level for these coins?

Btw, the NGC coins still available at Goldmart.
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 Posted 08/30/2013  08:46 am  Show Profile   Check omxfl's eBay Listings Bookmark this reply Add omxfl to your friends list Get a Link to this Reply
It could well be Goldmart are just withholding some stock to see what the market is doing. It's unlikely they sold 40+ $2k-each coins within a few hours unless another big fish scooped them up.
But I think their initial offer of $1,889 each for a PCGS PR70 was, well, almost cheap. MCM listed straight away for $2,099 (now $2,149). APMEX haven't started selling their coins yet, but I expect them to be similar in price compared to MCM.
Two things:
1. I wouldn't sell right now as prices on ebay are still fairly low (remember final value and PayPal fees eat up roughly $175 if you have a store and the coin sells for $2,250 as an example).
2. Keep an eye on the regular proof which could end up with a new low mintage because of the double offering this year (remember 2008...).
Edited by omxfl
08/30/2013 08:47 am
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 Posted 08/30/2013  3:07 pm  Show Profile   Check omxfl's eBay Listings Bookmark this reply Add omxfl to your friends list Get a Link to this Reply
40,804 now with 6 days to go. It'll be closer to 50k than 45k by the end of it, but not much more than 50k I reckon.
Regardless, it will be, baring a miracle, less than half the mintage of the Ultra High Relief Double Eagle which sold 115,178 in total, which, however sold for 'only' $1,189-$1,539 in 2009.
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 Posted 08/30/2013  3:10 pm  Show Profile   Bookmark this reply Add tpg22 to your friends list Get a Link to this Reply
I wouldn't mind around 50,000. The one I'm watching is the regular proof. They show 13,600 for that. I hope it ends low. There will be guys down the road that want both 2013 coins. Might be hard to come by.
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Morgans Dad's Avatar
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 Posted 08/30/2013  3:42 pm  Show Profile   Bookmark this reply Add Morgans Dad to your friends list Get a Link to this Reply
At approx $340.00 projected over spot per coin, this sure seems to be a higher than normal premium for this product. I mean other Mint products sell for usually a nice premium, However this to me seems to be very high, IMO......( I usually DO NOT buy gold )I too agree the regular proof looks like a sleeper, but that coin should be available for some time to come STILL......Just saying!!!
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basebal21's Avatar
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 Posted 08/30/2013  4:23 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
At approx $340.00 projected over spot per coin, this sure seems to be a higher than normal premium for this product.


By pure dollar value it is, by percentage its actually a lower premium than the ASE set had. Those were being sold at over double spot. 340 for gold is 20-30 percent markup compared to the 100 plus percent they put on the special set.

I do agree though 340 is kind of stiff especially if they plan on making these in the future like they did with the silver rp. 200-250 would seem more reasonable while allowing plenty of room for profit
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