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US American Buffalo Discussion Thread

Discussion in 'PM's - Coins - Numis - Base Metals' started by NotTheOne, Apr 26, 2010.



  1. NotTheOne

    NotTheOne Seeker Seeker

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  2. HistoryStudent

    HistoryStudent Midas Member Midas Member

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  3. HistoryStudent

    HistoryStudent Midas Member Midas Member

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  4. tekhen

    tekhen Seeker Seeker

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  5. HistoryStudent

    HistoryStudent Midas Member Midas Member

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  6. HistoryStudent

    HistoryStudent Midas Member Midas Member

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    Yeah BUT HEREIN you can grab all the POPULATIONS of the US Mint in Eagles and BUFFALOES, TOO...

    And then put them all together...
     
    Last edited: Apr 26, 2010
  7. NotTheOne

    NotTheOne Seeker Seeker

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    From the other place. "The mint just informed their authorized distributors about them [sic] shipping the 2010 Buffs [/sic] this morning" (4/26).
     
    Last edited: Apr 26, 2010
  8. prophet

    prophet Silver Member Silver Miner

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    since we are on buffs here, does anyone have the pop of the 2007 w proof PCGS PF70 first strikes?
    TIA
     
  9. dmaddox

    dmaddox Seeker Seeker

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    APMEX has them $49.95 over spot right now. Is this a good price? I am looking at purchasing silver right now, but this caught my eye, and was thinking of picking up one.
     
  10. HistoryStudent

    HistoryStudent Midas Member Midas Member

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    Just received the PCGS newsletter about the BUFFALOES.

    So I checked and the +2008+ yipee........

    MS $25 Buffalo is up 503% from sale date

    while the

    MS $25 Gold Eagle is also up around $1,500 for a MS70 "W."

    Funny how they were both in that 2008 PROSPERITY set; I just found a few in the attic that I remembered were "stuffed there," five of them....

    In SLABBING Time in May and go away for a world CRUISE,

    :2::2::2:
     
  11. dmaddox

    dmaddox Seeker Seeker

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    diversified2 likes this.
  12. SilverCat

    SilverCat Seeker Seeker

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    Putting them in a hardwood box will just make them cost more. Should just put them on sheets like last year. Maybe they'll throw in a pair of gloves for handling.
     
  13. pay dirt

    pay dirt Gold Member Gold Chaser

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    Saw a 1/10 gold buff for 400 bucks! Know they are a rarity but Is it really worth it?
     
  14. diversified2

    diversified2 Seeker Seeker

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  15. dmaddox

    dmaddox Seeker Seeker

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    Who all is going to pick up one of the proofs? I might and if I do will send it off to NGC for grading. I will make sure I do not open the box for any reason.
     
  16. dmaddox

    dmaddox Seeker Seeker

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    Isnt this how the UHR coin came?
     
  17. tekhen

    tekhen Seeker Seeker

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    I will... but will not slab.
    I may do the same as you and not open the OGP. The proof Buffs are turning out to be a nice collectors item.(06 - ongoing)

    to bad they killed the fractionals
     
  18. Greenback

    Greenback New Member

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    They really do need to bring back the fractionals, and produce them in amonts where they cost as much as AGE's. It's such a nice looking coin and it would be nice to have a 24K coin that is not a 1oz or a spouse. Any ideas when that would happen? If ever?
     
  19. hernancortes

    hernancortes Gold Member Gold Chaser

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    There would have to be a serious drop in physical gold demand for fractional buffs to even become a possibility. Gold eagle sales could break a 10-year monthly record this month. The mint can only procure so many gold blanks.
     
  20. JEKYLL-7

    JEKYLL-7 Seeker Seeker

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    No need, gold coins won't take any damage so long as you hold them by the edges. The first thing pretty much any grading service is going to do when evaluating a coin is to pick it up and study it with bare hands anyway.
     
  21. 321AU

    321AU Seeker Seeker

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    pay dirt likes this.
  22. HistoryStudent

    HistoryStudent Midas Member Midas Member

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    A number of folks are playing the ODDS that NUMERICALLY low populations of certain coins will really appreciate in teh future.

    I expect NUMISMATICALLY slabbed GOLD and perhaps SILVER dollar/eagle sized coins to sell at 5 to 10 times their level and price now in the next few years - 2 to 7 years.
     
  23. pay dirt

    pay dirt Gold Member Gold Chaser

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  24. hernancortes

    hernancortes Gold Member Gold Chaser

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    I do not know exactly why but I think that the Euro crisis is causing a shortage of Krugerrands in specific. In fact most of the major dealers are paying more for Krugs right now than they are gold buffalos. Trading Krugs for Buffs is a total no brainer. Buffs are 2nd priority at the mint and when supply issues come up, getting 1 oz Eagles out the door 1st is what the mint wants to do. Last summer premiums on buffs got to as high as 160 over spot and it could easily happen again. Being in the states I would rather hold masses of Buffs than Krugs as bullion and I will try to initiate a trade this week and see if a dealer will take it.
     
  25. pay dirt

    pay dirt Gold Member Gold Chaser

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    To date ,2017 is the lowest bullion mintage since the Buff came out in 08. Is the mint going to stop producing the Buff?

     
  26. Shortstack

    Shortstack Bain of the Authoritarian Follower Gold Chaser

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    Something to contemplate for sure pay dirt. I miss History student.
     
  27. tekhen

    tekhen Seeker Seeker

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    Has it been almost 8 years already!? Time sure does fly.

    Continue to purchase and put aside. If the US Mint continues its course, several gold options each year, the Bison and Unc Au Eagle will continue to be minatge winners.
     

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