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-   -   Buffalos (http://goldismoney.info/forums/showthread.php?t=60571)

Nuggethunter 09-03-2006 11:50 PM

Buffalos
 
Got 2 of the proofs for 1600$, Man are they beautiful, and I feel worth it.

Took 2 weeks from order time.

Gonna sell them when I can get $3000 each for them in about 9 months.


http://catalog.usmint.gov/webapp/wcs...category=10197

AgAuGal 09-04-2006 02:08 AM

Re: Buffalos
 
I was thinking about getting a proof but I heard they were up to $875 each ( I need to check the mint site again) so it looks like you got them at the best price so far. Thats great!:ARMS1: I ended up buying a couple of regular buffalos this past weekend. Paid more than I wanted but will not likely be buying any more.

I still would like one proof but don't expect to have any extra fiat for a few months due to other expenses (like property taxes :banghead:, new grage door, car repair after damage from garage door breaking, ins, ect.-just one of those months but grateful I can pay my bills).

They are a nice looking coin. I think I still like the AGE better. Its a toss up. Congrats on your purchase.

Infidel 09-04-2006 02:10 AM

Re: Buffalos
 
Quote:

Originally Posted by Nuggethunter (Post 349043)
Got 2 of the proofs for 1600$, Man are they beautiful, and I feel worth it.

Took 2 weeks from order time.

Gonna sell them when I can get $3000 each for them in about 9 months.


http://catalog.usmint.gov/webapp/wcs...category=10197

Why do you think you will get 3 k each for them?

Master_Ho 09-04-2006 03:23 AM

Re: Buffalos
 
Proofs were selling from the US Mint for $800.....far as I know they still are unless they have sold out........they might go up to $1000 in a couple of years but I doubt you will live to see them hit $3000 each unless gold hits $3000 an ounce.....and then, if it does, it will still be worth 1 ounce of gold.

I have a couple of graded Buffalos and they might be worth a bit more to collectors, but even at $3000 an ounce probably more like $3500 maybe.

Just too many people with these coins at this point - no sign of a stampeed for the Buffalos yet.

oldmansmith 09-04-2006 07:19 AM

Re: Buffalos
 
I bought one proof, I don't know about resale but it's so pretty I doubt I will ever sell it!

j-son 09-04-2006 08:54 AM

Re: Buffalos
 
anyone in here want to buy a buffalo proof from me?
$850 shipped......NGC 69 too.

Nuggethunter 09-04-2006 10:19 AM

Re: Buffalos
 
I think Numismatics will hold there price (premium) for a while longer. Its gonna take an epic collapse for Proof Numismatics to go for spot.

The house of cards will start to collapse in 07 to 09 then the real fireworks will happen in 10 to 13,

But in the mean time gold may go to 1500$ by next spring.

Apmex is selling these proofs for 1100$

heynoww 09-04-2006 10:50 AM

Re: Buffalos
 
Ok, Newbish question sorry but, what if you buy one of these holders http://cgi.ebay.com/2006-AMERICAN-BU...QQcmdZViewItem
and then just buy the gold buffalo itself for $660 from amex and put it in ? Is that basically the same what the US mint is selling ? What am I missing here...

Nuggethunter 09-04-2006 10:54 AM

Re: Buffalos
 
The 660$ Buffalo is mint uncirculated , Youd have to buy the 1100$ proof from amex to have what the mint proof is . Gotit?

heynoww 09-04-2006 12:45 PM

Re: Buffalos
 
How are they different? Sorry but I never looked into this.

http://www.geocities.com/slerpdoze/heynowwsmiley.GIF

AgAuGal 09-04-2006 12:58 PM

Re: Buffalos
 
the proof has some mirror finishes and comes in a nice case. The uncirculated (hopefully) is just a bullion coin kind of like a frosted finish, no mirror finishes.

Nuggethunter 09-04-2006 02:05 PM

Re: Buffalos
 
AgAuGirl:

I think he wants to buy an uncirculated and put it in the proof presentation case. :wink:

Only for colectible value proof is more desirable than plain uncirculated.

I own only 2 proof coins, all the few others are uncirculated.

heynoww 09-04-2006 11:59 PM

Re: Buffalos
 
Quote:

Originally Posted by AgAuGal (Post 349361)
the proof has some mirror finishes and comes in a nice case. The uncirculated (hopefully) is just a bullion coin kind of like a frosted finish, no mirror finishes.


aahhh, I see. Thank you

Master_Ho 09-05-2006 12:06 AM

Re: Buffalos
 
2 Attachment(s)
Heynow.............

PROOF STRIKE
Attachment 18719

REGULAR OR BUSINESS STRIKE
Attachment 18720

NUTS! 09-05-2006 12:59 AM

Re: Buffalos
 
Hmm. All my maple leafs are as shiny and mirrored as the proof Buffalo seems to be.

They certainly are nice coins, but they don't quite do it for me compared to the other coins on the market.

Now the South African mint's animal series-- those are beautiful.

Either way, I do hope that you one day will be able to sell it for $3000. And while the dollar is worth enough for that to actually be a gain.

j-son 09-15-2006 09:36 PM

Re: Buffalos
 
http://cgi.ebay.com/2006-999-FINE-GO...QQcmdZViewItem


buffalo proofs under $800 shipped!

AgAuGal 09-15-2006 10:14 PM

Re: Buffalos
 
Quote:

Originally Posted by j-son (Post 359372)


that looks suspicious

Vancover, USA, United Sates ????where????

why would one sell the proof for less than they purchased it? i'm not aware it could ever be purchased for less than $800. anyone able to confirm?

AnnieSnuggles 09-16-2006 12:30 AM

Re: Buffalos
 
Quote:

Originally Posted by AgAuGal (Post 359409)
that looks suspicious

Vancover, USA, United Sates ????where????

why would one sell the proof for less than they purchased it? i'm not aware it could ever be purchased for less than $800. anyone able to confirm?

Could possibly be Vancouver, Washington.

Maybe they bought a lot of them and kept the ones they felt would get MS70 ratings and shipped those off to PCGS. Just a thought.

Infidel 09-16-2006 12:53 AM

Re: Buffalos
 
One

word

TANSTAFFL

AuNuggets 09-18-2006 10:43 AM

Re: Buffalos
 
[QUOTE=Nuggethunter;349043]Gonna sell them when I can get $3000 each for them in about 9 months.
[QUOTE]

Dream on............:smokin:

ZeeBest 09-19-2006 02:20 AM

Re: Buffalos
 
If you are thinking about making future profit(s), then it is better to buy a regular 1oz buffalos at current dealer sell price $611.00 (17-09-06) rather than a PROOF 1oz Buffalo. Investment wise, it's better to go dollar for dollar when it comes to purchasing bullion.

I would rather buy 1oz Austrialian Luner gold coins vs PROOF Buffalos. Most Luner 1oz gold coins are $20 above 1oz Gold Eagles. They are just as beautiful and maybe even more rare than PROOF Buffalos.

At currently cheap gold price, I would save my $200 bucks and buy regular 1oz Buffalos; I'll use the save money to buy more silver coins. Silver has gone up in higher percentage than gold since beginning of the year. golddealer.com always list their current buying/selling price. They also list buy/sell price for PROOF coins.

Zee:D

_______________________
"Seek first the kingdom of God and His rightousness, and all these things shall be added unto you." There is great pleasure in hearing sermons so serious, so clear, so sensible and instructive as these... John Adams July 4, 1774

HistoryStudent 09-20-2006 05:12 PM

Re: Buffalos
 
Quote:

Originally Posted by ZeeBest (Post 361965)
If you are thinking about making future profit(s), then it is better to buy a regular 1oz buffalos at current dealer sell price $611.00 (17-09-06) rather than a PROOF 1oz Buffalo. Investment wise, it's better to go dollar for dollar when it comes to purchasing bullion.

I would rather buy 1oz Austrialian Luner gold coins vs PROOF Buffalos. Most Luner 1oz gold coins are $20 above 1oz Gold Eagles. They are just as beautiful and maybe even more rare than PROOF Buffalos.

At currently cheap gold price, I would save my $200 bucks and buy regular 1oz Buffalos; I'll use the save money to buy more silver coins. Silver has gone up in higher percentage than gold since beginning of the year. golddealer.com always list their current buying/selling price. They also list buy/sell price for PROOF coins.

Zee:D


Agree. But, may I add a bit of each is not too bad either. The Buffalos are first year 24 kt. also.

I just got many of them from the mint at $800 each and only $4.95 shipping for all.

I plan to send them to NGC or PCGS when I get a chance. Now looks real good because the marketplace is running scared.

Look for NO inflation, super higher prices in commodities, and an economy that is being liquified by the eager beaver FED burn the currency Ben.

Also I see the coins selling from $4000 to $5500 each a piece in a few years - mayber up to four years - that is.

_______________________
"Seek first the kingdom of God and His rightousness, and all these things shall be added unto you." There is great pleasure in hearing sermons so serious, so clear, so sensible and instructive as these... John Adams July 4, 1774

Agree. But, may I add a bit of each is not too bad either. The Buffalos are first year 24 kt. also. :withstupi

I just got many of them from the mint at $800 each and only $4.95 shipping for all. :withstupi

I plan to send them to NGC or PCGS when I get a chance. Now looks real good because the marketplace is running scared. :withstupi

Look for NO inflation, super higher prices in commodities, and an economy that is being liquified by the eager beaver FED burn the currency Ben. :withstupi

Also I see the coins selling from $4000 to $5500 each a piece in a few years - mayber up to four years - that is. :withstupi

Worldmariner 09-21-2006 03:14 AM

Re: Buffalos
 
Quote:

Originally Posted by j-son (Post 349220)
anyone in here want to buy a buffalo proof from me?
$850 shipped......NGC 69 too.

Send me a private email please....

Worldmariner 09-21-2006 03:21 AM

Re: Buffalos
 
Quote:

Originally Posted by AgAuGal (Post 359409)
that looks suspicious

Vancover, USA, United Sates ????where????

why would one sell the proof for less than they purchased it? i'm not aware it could ever be purchased for less than $800. anyone able to confirm?

Current price for a proof ordered from the US Mint is 800$

j-son 09-23-2006 07:06 PM

Re: Buffalos
 
Quote:

Originally Posted by Worldmariner (Post 364072)
Send me a private email please....

sent you an email


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