Gold & Silver Forum (http://goldismoney.info/forums/index.php)
- Gold - Silver - Coins - Numismatics (http://goldismoney.info/forums/forumdisplay.php?f=51)
- - '09 Gold buffalo proof sales already at 19,500 (http://goldismoney.info/forums/showthread.php?t=420982)

hernancortes | 11-03-2009 01:09 PM
'09 Gold buffalo proof sales already at 19,500 Not a buy anymore, for me.. http://mintnewsblog.blogspot.com/

Apocalypto | 11-03-2009 01:54 PM
Re: '09 Gold buffalo proof sales already at 19,500 Why not? There will be a price increase soon with the POG shooting through the roof as it is.

hernancortes | 11-03-2009 02:13 PM
Re: '09 Gold buffalo proof sales already at 19,500 It'll be a common-date Proof. Carefully chosen 1st spouses offer better potential.

Apocalypto | 11-03-2009 02:43 PM
Re: '09 Gold buffalo proof sales already at 19,500 Darn. I hope you're wrong, because I already bought one. Now I have to hope and pray that they cease production.

tekhen | 11-03-2009 03:04 PM
Re: '09 Gold buffalo proof sales already at 19,500 IMO, the writing was on the wall for the '09 proof buffs (starting in Nov '08). Since the Mint suspended sales and cancelled product everyone who missed out on the '08s began to form a line. Add the fact that the buffs were released in late Oct., one had to know that the mintage was going to be more than the '08s with a possibility of having the highest mintage since it's inception.

hernancortes | 11-03-2009 03:11 PM
Re: '09 Gold buffalo proof sales already at 19,500 Quote:
Originally Posted by Apocalypto (Post 2005623) Darn. I hope you're wrong, because I already bought one. Now I have to hope and pray that they cease production.
I think a cancellation of the spouses is more likely. Some of these are selling in the single digits weekly. In fact there have been periods where not a single sale has been recorded.

mojo1 | 11-03-2009 03:33 PM
Re: '09 Gold buffalo proof sales already at 19,500 Thanks for the update Hernancortes. I'm hoping price goes up and more people feel the same way you do to keep the numbers reasonably low (under 50k) but I doubt it. Or maybe they will just stop selling them soon. It's all a crapshoot with the mint. I'm still happy I'll have one. I can't bring myself to buy a 1st spouse.

netwanderer | 11-03-2009 03:40 PM
Re: '09 Gold buffalo proof sales already at 19,500 Considering the premium of the spouses, I am going to buy another Buffalo 09'. I have a better idea for the mint. May silver spouses will be a lot more popular. But you are right the spouses are not doing well in the past months. Actually I always buy more silver because they are cheap.

AV8R | 11-03-2009 03:45 PM
HERNAN What is your take on the 09 Bullion Buffs??? Do you have any idea on the current mintage numbers? Do you think the 09 bullion buffs will be low mintage?

hernancortes | 11-03-2009 03:52 PM
Re: '09 Gold buffalo proof sales already at 19,500 2009 Bullion buffs are over 120,000 now. It's all relative to other years, and '09 will not be a low mintage year for these either. That said, as a bullion purchase they're just fine becuae they do keep their premium.

hydro | 11-03-2009 04:03 PM
Re: '09 Gold buffalo proof sales already at 19,500 Thanks for the update. I think I am going to wait for the American Eagle Platinum Proof Coin.

mojo1 | 11-03-2009 04:11 PM
Re: '09 Gold buffalo proof sales already at 19,500 Quote:
Originally Posted by hydro (Post 2005775) Thanks for the update. I think I am going to wait for the American Eagle Platinum Proof Coin.
Have you seen the design? I won't be getting one. Might be real low numbers though like the 1st spouses. http://platinumeagleguide.com/2009-platinum-eagle/

AV8R | 11-03-2009 04:16 PM
Hernando, Thanks for the info. I thought the 09 bullion buffs might have a shot at some quick appreciation. Tulving has them in 69 for $52 over spot. When I see Apmex dumping their numis, I followed suit. God bless those ebay bidders. They are in a feeding frenzy on some of my coins. I am dumping numis and making a side ways move into bullion, but I hate buying at record highs.

Apocalypto | 11-03-2009 04:42 PM
Re: '09 Gold buffalo proof sales already at 19,500 Quote:
Originally Posted by hernancortes (Post 2005763) 2009 Bullion buffs are over 120,000 now. It's all relative to other years, and '09 will not be a low mintage year for these either. That said, as a bullion purchase they're just fine becuae they do keep their premium.
Question for you (and others reading this): In light of the relatively high mintage numbers, what kind of difference do you foresee it making in value if you were to get your 2009 buffalo proof graded and it comes back at MS-70?

hernancortes | 11-03-2009 05:03 PM
Re: '09 Gold buffalo proof sales already at 19,500 I dont know the rate at which buffs grade at 70 vs. 69 (like the UHR's high rate) or else I'd say go for it unequivocally. By asking this question I'm guessing you have bought one or some already or are planning to. In this case you're first strike eligible and even though its all a major gimmick, FS does fetch a premium on ebay. In any case examine it under magnification, and if you see the slightest mark, don't bother. Even though I have seen dinged buffs in 70 holders. Hope that clears it up LOL

Clawdia | 11-04-2009 07:13 PM
Re: '09 Gold buffalo proof sales already at 19,500 Quote:
Originally Posted by hernancortes (Post 2005763) 2009 Bullion buffs are over 120,000 now. It's all relative to other years, and '09 will not be a low mintage year for these either. That said, as a bullion purchase they're just fine becuae they do keep their premium.
I've got a chance to buy a bullion '09 buff at $1102 - tempted, but resisted, now having second thoughts. Hate to buy high - but then there's that chance that gold''s up and gone, and this won't be high in the long run . . . I hate decision making. At least I made the right decision to start buying a year ago, when 'high' was a few hundred dollars an ounce lower. Anybody here think $1102 a "buy" for a bullion buff, or is it too much to spend?

hernancortes | 11-05-2009 08:22 AM
Re: '09 Gold buffalo proof sales already at 19,500 I've said before that any buffalo is one to hold onto. They're 24k which gives it a more universal appeal, they're as liquid as any coin out there, they've had production halts and hiccups which have vaulted premiums. And if you have a llitle money, it's still possile to build a complete series since it's so young, I think there's only 15 or so coins in it total so far. The '09 is no King, but get one for your collection

AgKanga | 11-05-2009 11:23 AM
Re: '09 Gold buffalo proof sales already at 19,500 Quote:
Originally Posted by Clawdia (Post 2008179) I've got a chance to buy a bullion '09 buff at $1102 - tempted, but resisted, now having second thoughts. Hate to buy high - but then there's that chance that gold''s up and gone, and this won't be high in the long run . . . I hate decision making. At least I made the right decision to start buying a year ago, when 'high' was a few hundred dollars an ounce lower. Anybody here think $1102 a "buy" for a bullion buff, or is it too much to spend?
I would hold off at $12 over spot but if you could send me the link to your supplier in a PM, that would be great...:clap2::beer::clap2: It's about $65 cheaper than the big online suppliers and ~$100 cheaper than ebay :ok:...

Goald | 11-05-2009 11:41 AM
Re: '09 Gold buffalo proof sales already at 19,500 Quote:
Originally Posted by Apocalypto (Post 2005623) Darn. I hope you're wrong, because I already bought one. Now I have to hope and pray that they cease production.
Are you serious?! What a reason to buy one :)

diversified2 | 11-05-2009 01:07 PM
Re: '09 Gold buffalo proof sales already at 19,500 1 Attachment(s) Quote:
Originally Posted by mojo1 (Post 2005793) Have you seen the design? I won't be getting one. Might be real low numbers though like the 1st spouses. http://platinumeagleguide.com/2009-platinum-eagle/
That is truly not what I was expecting....I may need to rethink the Proof Buff :mad_m:

Apocalypto | 11-05-2009 02:10 PM
Re: '09 Gold buffalo proof sales already at 19,500 Quote:
Originally Posted by Goald (Post 2009237) Are you serious?! What a reason to buy one :)
What do you mean? My reason to buy one is that I wanted one. No other reason. But if the mint ceases production with a low mintage, how is that bad for someone who's got one?

mojo1 | 11-12-2009 04:23 PM
Re: '09 Gold buffalo proof sales already at 19,500 "The latest figures from the US Mint show that 27,955 coins have been sold since its launch on October 29th, Coin Update News reports." http://www.gold.org/news/2009/11/11/..._still_rising/

Apocalypto | 11-12-2009 04:28 PM
Re: '09 Gold buffalo proof sales already at 19,500 Maybe those Arabs are finally listening to Schiff.

HistoryStudent | 11-12-2009 06:07 PM
Re: '09 Gold buffalo proof sales already at 19,500 Quote:
Originally Posted by tekhen (Post 2005680) IMO, the writing was on the wall for the '09 proof buffs (starting in Nov '08). Since the Mint suspended sales and cancelled product everyone who missed out on the '08s began to form a line. Add the fact that the buffs were released in late Oct., one had to know that the mintage was going to be more than the '08s with a possibility of having the highest mintage since it's inception.
And you forgot to mention the UNSPOKEN secret. The MINT MINTED MINTED AND MINTED and WAITED WAITED and WAITED. Gee I wonder why. (Follow the money :111:)

HistoryStudent | 11-12-2009 06:09 PM
Re: '09 Gold buffalo proof sales already at 19,500 Quote:
Originally Posted by mojo1 (Post 2022341) "The latest figures from the US Mint show that 27,955 coins have been sold since its launch on October 29th, Coin Update News reports." http://www.gold.org/news/2009/11/11/..._still_rising/
I bought a few - I'd rather have 10 UHRs (5 in slabs and 5 in US boxes). Mommy drowned all the dumb ones. :signs14::111:

mick silver | 11-12-2009 06:13 PM
Re: '09 Gold buffalo proof sales already at 19,500 19.500 for over 6 billion people . i think this coing will in time move higher in price

HistoryStudent | 11-12-2009 06:37 PM
Re: '09 Gold buffalo proof sales already at 19,500 Quote:
Originally Posted by diversified2 (Post 2009401) That is truly not what I was expecting....I may need to rethink the Proof Buff :mad_m:
Could have been worse Bill Hillary Monica and Obama in a love fest! Gosh, Fruedian slip. :signs14::yes::111:

mojo1 | 11-12-2009 07:24 PM
Re: '09 Gold buffalo proof sales already at 19,500 Well they're $50 more this week so I'm happy I bought one on the 29th. Maybe the price increase will dampen sales. All those waiting for a lower price will probably continue to wait until/if it goes down. Be nice if they didn't go over 50k but....

diversified2 | 11-12-2009 07:37 PM
Re: '09 Gold buffalo proof sales already at 19,500 Quote:
Originally Posted by HistoryStudent (Post 2022580) Could have been worse Bill Hillary Monica and Obama in a love fest! Gosh, Fruedian slip. :signs14::yes::111:
ACH:puke:I am sure to have nightmares tonight HS!!!!!!!!!

mojo1 | 11-17-2009 10:19 PM
Re: '09 Gold buffalo proof sales already at 19,500 "The total number of coins sold to date is now 32,271. This is comprised of 19,468 coins sold during the opening three days, then 8,487 coins sold during the following week, and 4,316 coins sold in the most recent week ending November 15." http://mintnewsblog.blogspot.com/200...roof-gold.html Next week if gold climbs just $10-15 more they will cost $1460. That will slow the sales down even more. My guess is they will finish up lower than 07 Proof mintage of 59,998.

All times are GMT -4. The time now is 03:53 PM. |

Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2010, Jelsoft Enterprises Ltd.
Copyright = None use it and Link to GIM