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The Gold Buffalo Coin

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Author Previous TopicReplies: 15 / Views: 1,292Next Topic  
Valued Member
Mooseknuckle's Avatar
United States
95 Posts
 Posted 07/14/2006  1:03 pm Show Profile   Bookmark this topic Add Mooseknuckle to your friends list Get a Link to this Message Number of Subscribers
So I got mine last night, but freaked out when I opened it! I didn't realize that the background on both the obverse and reverse was deliberately bumpy!! I thought my coin had been warped by some strange force, and was incredibly disappointed!!

When I got home, I was voraciously searching the net for pictures of the coin to see if they were all bumpy like that, and to my great relief, they were :)

hehe... I would have preferred the coin be struck with a smooth mirrorlike background, but I suppose I can live with the bumpy one!
Forum Kid
thekidcollector's Avatar
Kuwait
1523 Posts
 Posted 07/14/2006  1:15 pm  Show Profile   Bookmark this reply Add thekidcollector to your friends list Get a Link to this Reply


Why?
Why bumpy?
TKC!
Bedrock of the Community
Bryan1315's Avatar
United States
14454 Posts
 Posted 07/14/2006  1:35 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I think the reason they did the bumpy bump surface is to try to imitate the Buffalo nickel, their surface is bumpy like that also
Pillar of the Community
shatsi's Avatar
United States
1541 Posts
 Posted 07/14/2006  1:57 pm  Show Profile   Bookmark this reply Add shatsi to your friends list Get a Link to this Reply
Its the original design by James Earle Fraser.
Pillar of the Community
United States
1203 Posts
 Posted 07/14/2006  6:27 pm  Show Profile   Bookmark this reply Add OldDan to your friends list Get a Link to this Reply
quote:
Originally posted by Mooseknuckle

hehe... I would have preferred the coin be struck with a smooth mirrorlike background, but I suppose I can live with the bumpy one!


hehehe...If this is really what you wanted, you should have saved yourself a couple hundred dollars and purchased the uncirculated bullion coin. It has what you were looking for!
Pillar of the Community
ageka's Avatar
Belgium
2078 Posts
 Posted 07/19/2006  08:17 am  Show Profile   Bookmark this reply Add ageka to your friends list Get a Link to this Reply
Seems there are a lot of incoveniences on the way from the mint to the dealer to you

http://www.gold-eagle.com/editorial...s071806.html
Pillar of the Community
United States
1203 Posts
 Posted 07/19/2006  1:55 pm  Show Profile   Bookmark this reply Add OldDan to your friends list Get a Link to this Reply
The U.S. Mint gives the figures of 106,300 of the proof version of the gold buffalo coin sold, out of a max. of 300,000 limit...as of July 5th.
They also gave the figure of 110,000 of the uncirculated gold buffalo coins as being sold in the same time frame. These are unlimited in number that can be minted.
They also explained that the law that made this coin possible also stated that it had to be minted for two years, so ther will be a 2007 coin minted. After that it's up for grabs.
Rest in Peace
Gary Burke's Avatar
United States
3730 Posts
 Posted 07/19/2006  11:45 pm  Show Profile   Bookmark this reply Add Gary Burke to your friends list Get a Link to this Reply
Was at my coin dealer today and was tempted to buy the coin. It's beautiful, but I would have to get a loan to pull it off.

I'm going to sleep on it tonight, and then make a decision in the morning.
Rest in Peace
Gary Burke's Avatar
United States
3730 Posts
 Posted 07/20/2006  11:51 am  Show Profile   Bookmark this reply Add Gary Burke to your friends list Get a Link to this Reply
Need some help.

I woke up this morning and decided to buy the coin. However, the one I was going to buy is no longer available.

Are they still available from the mint? If not, what's the best route to obtain one?

Thanks.
Pillar of the Community
shatsi's Avatar
United States
1541 Posts
 Posted 07/20/2006  12:04 pm  Show Profile   Bookmark this reply Add shatsi to your friends list Get a Link to this Reply
You can still buy from the mint, shipping date is 7/27/06
Bedrock of the Community
Bryan1315's Avatar
United States
14454 Posts
 Posted 07/20/2006  12:19 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
the proofs are available from the mint, the UNC version would have to be bought from a dealer I beleive
Pillar of the Community
United States
1203 Posts
 Posted 07/20/2006  12:36 pm  Show Profile   Bookmark this reply Add OldDan to your friends list Get a Link to this Reply
quote:
Originally posted by Gary Burke

I'm going to sleep on it tonight, and then make a decision in the morning.


It's funny that you should say this, as it is exactly what happened when the ones I ordered came in. The wife claimed them and so help me, she put them under her pillow and then dared me to remover them. Like that guy on Tv says, "lost another one to .....!"
Pillar of the Community
pattiewhack's Avatar
Canada
1152 Posts
 Posted 07/20/2006  12:42 pm  Show Profile   Bookmark this reply Add pattiewhack to your friends list Get a Link to this Reply
look at this! these guys are selling MS-70 gold buffaloes for $1995.00 I cant believe it. What a rip. 5 years from now, It will be the same as spot gold price.
by the way, they also have some MS-69's for $679.00 If that helps. The site is:

http://www.apmex.com/shop/buy/2006_...sp?orderid=0
Edited by pattiewhack
07/20/2006 12:45 pm
Rest in Peace
Gary Burke's Avatar
United States
3730 Posts
 Posted 07/20/2006  2:57 pm  Show Profile   Bookmark this reply Add Gary Burke to your friends list Get a Link to this Reply
Okay!

Got one!

Cost me $802.

Now, gotta get a loan. Seriously.
Pillar of the Community
ageka's Avatar
Belgium
2078 Posts
 Posted 07/20/2006  5:02 pm  Show Profile   Bookmark this reply Add ageka to your friends list Get a Link to this Reply
quote:
Originally posted by Gary Burke

Okay!

Got one!

Cost me $802.

Now, gotta get a loan. Seriously.



To loan money to get gold is about the only loan that makes sense
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Tpatna's Avatar
United States
1626 Posts
 Posted 07/21/2006  09:11 am  Show Profile   Bookmark this reply Add Tpatna to your friends list Get a Link to this Reply
Found this info on the United States Mint Web site

United States Mint Sales Totals for American Buffalo Bullion Coins

Month
-----
June 99,500
July 78,000

Total 177,500
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