1 UHR from the Mint or Gold & Silver Buffalo??
 

I have a FEW green FRN's I'd like to convert into slabbed PM's. (My first slabbed PM's)

Would it be wiser to buy 1 Ultra High Relief directly from the mint for a little over $1300 (I know I would have to send it in to be slabbed) or buy a slabbed Gold Buffalo AND a slabbed Silver Buffalo??

Thanks, Bill

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

I'm going through the same DECISION - so to speak.

The way I look at it is this:

It will PROBABLY be the only year for the UHR double eagle;

They "may not" make ANYMORE Bufallo coins in any form much less the proofs;

To me it's just the gold coins (although the silver Buffalo is ONE mighty fine coin PERIOD!)

to me both are around $1300 give or take a few bucks.

Frankly I'd go for the history of the so-called (not by me) of the World's Most Beautiful Coin MOY'S 2009 UHR Saint Gaudens double eagle almost a perfect copy of a pattern coin back in 1907 (except for the date on it!) of ONE OF THE USAs top 100 coins ever made.

The 70,000 they made to date are being held in BULK by many collectors.

In 1907 they had around 85 million people and 12,500 semi HIGH RELIEF $20 gold pieces: now we have 320 million approx. and perhaps 80,000 UHRs to be made.

They made VERY few UHR 1907s (just 18 to 22 and they melted 2)and they sell for big bucks (read 2.5 million each) if they come up for auction on certain deaths of their owners etc.

The Bufallo is real pretty. We all grew up with the BUFFALO nickle (at least I did) - and that means something too.

Thanks :ok: for your question for it helped me decide which way I wanted to go. I was considering waiting to see if they made MORE proofs - or buying the slabbed BUFFS - or going to the US Mint for some UHRs.

:yes:

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

Well, if you are getting approximately the same amount of bullion for the money, I would put my money on a UHR.

I happen to have both (nons-slabbed) and love both a lot. I just think the UHR will have more value further down the line than a Buffalo IMHO.

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

I don't think there is enough time in 2009 left to make 70000 buffalo coins,
so they will be more scarce

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

Me too - but I seriously doubt they WILL amke them. I'd rather see a little than hear a lot (of Govt. B.S.).

Sorry

the problem is why wait and blow an easy UHR (they may shut them down IF'IN the price of gold really moves like the PRINTIN' CURRENCY)

and they Probably never make the BUFFs because they just backed DOWN again PER COIN WORLD.

But I'm with you and would probably get both right now IF I COULD.

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

This is the one in the pocket versus three in the bush - that'll be the day type. (like they blew the first 8 months of the year already.

And they gave us RENIGGIN' on the possible BUFFS in both MS and PF! :36_1_25:

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

I already have 3 nice slabbed 1oz Buffalos and one non-slabbed UHR. I was sure I would be getting another UHR but ended up with a 08 NGC MS70 W $25Buffalo and a 08 W Gold Eagle $10 NGC MS70 instead. I was kind of surprised at my decision but the way I see it I still have time to get another UHR at $1289 or close. The other stuff I want seems to be going up very very fast so I want to get it before it's out of reach.

I want another everything I like in AU and PT (addict now). I've been focusing on the recent low mintage fractional W GAEs, W BUFFs in AU and W PT Eagles recently as I think they have potential.

When I started (not long ago) I thought I would only buy bullion AU AG coins and bars, no numi stuff. That has changed quickly and I now have a bit of everything which I really enjoy.

You really can't go wrong with either imo but if you will have enough money for the UHR a bit later (soon) I would go with a nice 06-07 $50 ms70 w buff. I'm new to all this though so..

What a great thing to be addicted to, trading FRNs for PMs. I need to earn some more FRNs so I can buy some more real money lol. I need some more PD too.

Take care :wavey:

PS...HistoryStudent always enjoy reading your input and posted articles.

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

PERSONALLY, if I could only have one or the other, I would choose the UHR. It is a piece of history and is an amazingly beautiful coin. I think it has a lot of room for price appreciation in the future, even given its high premium from the Mint.

With that being said, I would not mind having a Gold Buffalo. But man are they expensive. APMEX has them for $130 over spot, IIRC.

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

Building a complete set --all dates & types & denominations--of Au Buffs is a real attainable goal for many collectors. There aren't many coins in the series and the mint has revealed that they will no longer mint proof fractionals and W-unc's, so that it will only become easier in the future to keep up with collecting the series.
Of course, this assumes the series will continue at all(!)
Nice keys here too... including of course the '08-W unc $50, which is the lowest mintage 1-oz. US gold coin in over 100 years. I'll have to check that, but I think it's true, the only possible exception being proof double eagles, & have you priced one o' those lately? I think those were struck in "unobtainium".
Edit: Yes, fewer than 600 Proof St. Gaudens minted from 1908-1915. Got at least $80,000 for nice Proof-65?

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

Frankly having the UNIQUE year 2008 Buffalos in the smaller sizes is a very wise move - they will be a RARE item - for I forsee in the future we'll have NO MINT coins in PMs.

And those would be great especially if slabbed too. :ok:

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

What are your thoughts on Buffalo Proofs vs W-Uncirculated (preference, value)?. Seems the W-Unc have lower mintage numbers but Proofs are going for a bit more now. My focus has been on the lowest mintage fractionals with Buffs and Platinum Eagles. PT Eagles vs AU Buffs (future values)?

Buffalos

08 W-Uncirculated
1 oz Uncirculated 9,427
1/2 oz Uncirculated 17,351 edited
1/4 oz Uncirculated 10,420
1/10 oz Uncirculated

08 Proof
1 oz Proof 19,591
1/2 oz Proof 12,569
1/4 oz Proof 13,903
1/10 oz Proof 19,294

With Platinum I've been focused on primarily W-Unc fractionals in these three years. Very low numbers (2006!). I like the designs for the whole 3 year series too.

2008 American Platinum Eagle Mintage
Bullion Mintage*: 20,800 (1 oz), 12,800 (1/2 oz), 20,800 (1/4 oz), 13,000 (1/10 oz)
Proof Mintage*: 5,030 (1 oz), 3,654 (1/2 oz), 3,891 (1/4 oz), 5,650 (1/10 oz)
Uncirculated (W) Mintage*: 4,063 (1 oz), 3,415 (1/2 oz), 3,894 (1/4 oz), 4,623 (1/10 oz)

2007 American Platinum Eagle Mintage
Bullion Mintage: 7,202 (1 oz), 7,001 (1/2 oz), 8,402 (1/4 oz), 13,003 (1/10 oz)
Proof Mintage*: 9,268 (1 oz), 25,239 (1/2 oz), 5,824 (1/4 oz), 7,964 (1/10 oz)
Uncirculated (W) Mintage*: 4,177 (1 oz), 3,635 (1/2 oz), 3,690 (1/4 oz), 5,556 (1/10 oz)

2006 American Platinum Eagle Mintage
Bullion Mintage: 6,000 (1 oz), 9,602 (1/2 oz), 12,001 (1/4 oz), 11,001 (1/10 oz)
Proof Mintage*: 9,320 (1 oz), 7,846 (1/2 oz), 7,946 (1/4 oz), 10,356 (1/10 oz)
Uncirculated (W) Mintage*: 3,068 (1 oz), 2,577 (1/2 oz), 2,676 (1/4 oz), 3,544 (1/10 oz)

If they even make any 2009 Platinum I won't buy any if this is the final coin design. http://platinumeagleguide.com/wp-con...inum-eagle.jpg

I bought that 08 1/4 GAE because it looks to be the lowest mintage ever in any GAE and no more GAE fractionals.
GAE Burnished Mintage (Estimated): 12,387 (1 oz), 16,126 (1/2 oz), 9,200 (1/4 oz), 13,376 (1/10 oz)

Take care

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

Good post Mojo, but check your #'s for the 1/2 oz. W-buffalo. The # you gave does not include the coins included in the double prosperity sets, so the mintage for that one is quite a bit higher --- 7751 Double Prosperity sets were sold.
I will keep this post as a reference for the plats... some of which represent the lowest mintage US coins in the modern era.

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

WOW WEE -
I had NO idea how many 2008 double prosperity sets were sold.

I picked up a few to get the BUFFALO which I could see would (probably) BE EXTINCT come 2010.

How many of the 2007 Platinum sets were sold the proofs with the reverse one too in 1/2 ounce?

They were cheap in 2008.

:yes:

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

That is a very important point, thanks! I'm new at this.
I had read that somewhere previously but totally forgot about it.

Here are 2 very good Platinum Eagle sites if you don't already have them. That's where I got the info. One lists all the mintage #s and info, the other all PT Eagles on eBay by year. Very convenient for shopping years. I threw in a GAE and Buff site too

http://platinumeagleguide.com/

http://platinumeaglecoins.net/

http://goldeagleguide.com/

http://goldbuffaloguide.com/

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

"The last reported sales figure for the set was 19,583 units."

http://platinumeagleguide.com/10th-a...num-eagle-set/

2007 American Platinum Eagle Mintage
Bullion Mintage: 7,202 (1 oz), 7,001 (1/2 oz), 8,402 (1/4 oz), 13,003 (1/10 oz)
Proof Mintage*: 9,268 (1 oz), 25,239 (1/2 oz), 5,824 (1/4 oz), 7,964 (1/10 oz)
Uncirculated (W) Mintage*: 4,177 (1 oz), 3,635 (1/2 oz), 3,690 (1/4 oz), 5,556 (1/10 oz

And that explains why the 1/2 proof # is so much higher.

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

"The total mintage for the 2008-W Uncirculated $25 Gold Buffalo was 17,351. This includes coins sold individually, in the 4 Coin Set, and in the Double Prosperity Set."

http://goldbuffaloguide.com/8-8-08-d...rosperity-set/

I had read it on that Buffalo site I posted and forgotten so I guess the 17,351 is the correct total.

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

That is a beautiful site, makes me want to trade some more FRNs for money.

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

mojo,
I know you didn't ask me but here's my 2 cents. I believe years down the road the W mintmark on MS blanks will be synonomous with rarity. This is true of the Au, Ag, Pt Eagles and the Buffalos as well. And in some cases the series is already done (buffs, fractional Au Eagles) and the others are in question. A list of the top-20 low mintage American Eagles is dominated by the W's, many even lower than modern commems. Their reputation will gain and for this reason I would go with those over the proofs.

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

Thank you for the input. I totally agree but my knowledge is new and limited so it's nice to hear others opinions.

The only year Proofs I have purchased are the Buff years when no W-Uncirculated were minted 06-07 and a 2008 PT EAGLE PR 1/2 oz NGC 70 which has a similar number minted as the 1/2 W, and I like the way it looks. In hindsight I should have grabbed a PT 08 1/2 W for less $.

Right now some of the PT 07-08 Ws seem like a good buy. I think those will shoot up close to the 06 W prices soon.

My thinking is that as more and more people become aware of and move to bullion PMs as a store of wealth it will bring a much greater awareness to PM coins of all types and as you said, their (rare Ws) reputations will gain.

I can still get one of these (2008 W $50 PLATINUM EAGLE 1/2 MS70) on eBay for $900 with cashback. Only 3,415 minted. I don't think that will last much longer at all. The PT content alone will likely exceed that price by next year imo. A 08 1oz PT W MS70 for $1650 with cashback, only 4,063 minted just screams value to me.

Take care

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

I have a 2006 gold buffalo proof, but I paid too much, $800 for it.

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

What do you guys think of the bullion 2008 Buffalo's w/o the W mint mark and bullion 2008 1/10 eagles? will these be worth more too? When I bought them I was a newbie, and didn't realise the W difference. kicking myself now because at that time the W's were only a couple of buck more. Are the mintage numbers of bullion coins available anywhere?
I do have UHR though and several 1/10 W unc Buffalos :)

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

Scroll up and read :) Those 08 1/10 and 1/4 Buffs are already higher than I will pay but sounds like you got them early. Well Done.

Yes you would have been better off paying the few $ more for the PT W 1/10 imo.

You can find the bullion Buff numbers on that site I posted above too.

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

I personally wouldn't part with any fractional eagles/buffalo's (pt or au) that are no longer produced...unless they are beat up or defective.
IMO, these are all becoming numismatics.
The Goldman Sachs Government doesen't want you to have them anymore.
I don't believe they will be produced again, ever!
1/2 ounce coins are my new favorite.

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

I'll give YA $850 for it! :111::111::23_30_104:

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

Proofs are SOOOOOOOOOOOOOOOOO PRETTY though.

I do absolutely agree with you - especially 10 years from now. The DEPRESSION will be starting to end then HOPEFULLY! :sarc:

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

You are MY THINK TANK. I see the same things happening.

BUY now for the RIGHT to buy will end with the OBUMMER mentality of take from the rich and re-distribute the wealth.

sorry for the RANT :realmad:

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

The '08-W's are an interesting case. Last year when spot Pt went to the moon, sales ground to a halt. The mint took these coins off the market for many months, freezing them at super-low mintages. Then when spot pt tanked last fall, they put them back on the market. I gambled on a $50 1/2 oz. since it had the lowest mintage at the time, rediculously low, like 86 coins or so. In the end it did turn out to be the scarcest denomination of the W's, but they easily surpassed the '06's.:mad_m:
There were many reports of returns of these coins, since Pt is a hard metal and tough to strike consistently w/o problems, and for some reason this coin especially so. Sure enuf, mine has a nice little rim gouge, under magnification, no way would it grade 70. But I kept mine knowing it was relatively rare.
Pt Eagles are a speculative play... they don't have a wide collector base, at least now. I've been to many huge coin shows, and rarely see one there. This could change if the mint cuts the Pt Eagle program. Those keys, especially the '06-W 1/2 at 2500-some, sets an extremely low bar, and would seem very safe to remain so. ( Except if an especially ugly gold spouse comes along when gold is high? See my thread on those.)
The deep-seated keys are the ones you want!

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

Thanks for the info hernancortes.

"Pt Eagles are a speculative play... they don't have a wide collector base, at least now"

..and that is why I can still afford a them :s1: Hope it stays that way for a bit longer.

I sure hope they do the AU/PD UHR set.

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

I took the plunge tonight and bought the UHR. I've been debating with myself for weeks on this, as it represents 1 AK-47 and 1 Saiga 12 gauge shotty. As I'm only going to buy 1, I won't slab it. I still have (2) 2001 Ag Buffs, which I am going to slab. I'm not a numi guy, but I hope this will appreciate.

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

Get the UHR. It's unique. Buy the Buffalo coins later.

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

don't get my wrong i really really like the buffalo but for the money get the uhr

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

Today's report at BIG L.A. money show!!!!!!!!!

from GG - our GIM'er
++++++++++++++++++++++++++++++++++++++++++++++
Re: A.N.A. PM/coin show in L.A.,,,who's Goin?

--------------------------------------------------------------------------------

The line for the Ultra high relief eagles was 20 people deep ALL day long every day!!!!!!!!!
__________________
Rare Currency/Ebay
*************************************************

Guess who will want one when they are not available?????



:111::111::111: those 20 people deep with the :36_1_25::36_1_25::36_1_25::36_1_25:

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

i just hope they stop making a lot more of the uhr

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

Watch the GOLD price when it scoots this late August through December -

the UHRs will be rather expensive.............

:clap2:

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

I hope they stop production once I have my second UHR in hand.

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

Someone help me out please.

What is a slabbed silver buffalo?

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

Till you see it, then you'll be on the phone and buy another. Sell a couple of more rifles, you'll never miss them or sell some Ag or Au bars. :cooler:

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

Told ya!!!!:signs1:

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

A 2001 US Mint commemorative silver dollar that is basically a copy of the Goild Buff in silver.

Re: 1 UHR from the Mint or Gold & Silver Buffalo??
 

I know, I know!!! :biggrin: