Well, There Will Be A 2007 Buffalo Gold

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Author	Replies: 5 / Views: 1,028
morganman Valued Member United States 397 Posts	Posted 07/25/2006 1:21 pm There goes my hope for appreciation in the 2006 Proof price. They will make a 2007 Proof. Article in Coin World also says they are studying making fractionals ($25,$10 and $5 I presume), in 2007. Guess I will sell all but one of my proofs, as I do not see value appreciating unless gold goes sky high. MM Report this Post to the Staff

fengk Pillar of the Community United States 986 Posts	Posted 07/25/2006 1:34 pm The original bill slated at least 2 years of the proof buffalo, if I'm not mistaken. Report this Post to the Staff
morganman Valued Member United States 397 Posts	Posted 07/25/2006 1:59 pm quote: Originally posted by fengk The original bill slated at least 2 years of the proof buffalo, if I'm not mistaken. The original Bill was for 12 months, but since it started mid-year, it goes into 2007. MM Report this Post to the Staff
crystalk64 Pillar Of The Community 3147 Posts	Posted 07/25/2006 5:21 pm It is my impression NOTHING is set in stone at this time but the U.S. Mint is notorious for trying to control the secondary market which means they will produce more Buffalo gold in an effort to kill collector value but can never kill gold value. Personally, if I had a new herd of gold buffalos I would set on them awhile as gold prices may make your initial investment very good. Report this Post to the Staff
CiScO Valued Member United States 458 Posts	Posted 07/25/2006 6:41 pm quote: Originally posted by morganman There goes my hope for appreciation in the 2006 Proof price. They will make a 2007 Proof. Article in Coin World also says they are studying making fractionals ($25,$10 and $5 I presume), in 2007. Guess I will sell all but one of my proofs, as I do not see value appreciating unless gold goes sky high. MM Howdy MM, If you have a herd of these puppies already, IF I were you, I would hold onto them for the moment--believe me, hold 'em until production stops, THEN sell for a nifty profit--UNLESS you need the doe now, otherwise do as you please--BTW,IF you sell, how much you want for 1? Also just because they are "studying it" does not mean it will happen--IMHO CiScO Report this Post to the Staff
morganman Valued Member United States 397 Posts	Posted 07/25/2006 8:27 pm I guess you guys are right. There are quite a few coins out there with mintage more than 300,000 that command quite a premium. I guess I will just sit on them a while. MM PS: They ARE purty things....and the Buff nickel was always my favorite coin. And I got this to go with my Gold and Silver Buff's last week... Edited by morganman 07/25/2006 8:32 pm Report this Post to the Staff
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