Fair price for 2006 buffalo in graded ms70 state?
 

Is this a fair price for 2006 buffalo in graded ms70 state?
760 bucks... I don't recall if it is NCG or PCGS (one of them), but it sounds like a deal to me. Either that or I could get a MS69 for 715.

What do ya'll think?

Re: Fair price for 2006 buffalo in graded ms70 state?
 

ms69 should be about $675 and the ms70 have been selling slowly at $2k each online.

Re: Fair price for 2006 buffalo in graded ms70 state?
 

It depends very highly on if its graded by NGC or PCGS.........PCGS is getting almost twice the price NGC is for a MS70......if you look on Ebay a NGC is getting about $800-900.........but PCGS is getting close to $1800-1900...........

Why?

Cause NGC is almost giving grades away and people have realized it - they have shot themsleves in the foot doing this (and grading fast so they could be sold ASAP on Shop At Home's Coin Vault)........in fact, on another thread, one person sent a 1986 Golden Ealge with a bunch of new Buffaloes and they gave it a First Strike label.........there WERE no First strikes in 1986!!!! NGC was in such a hurry they totally misgraded the coin!! A simple mistake?? In coin grading you look at the year - and type of coin - you don't make "simple mistakes"!

So before you buy, make sure you know which you are getting - the coins have value regardless of which you get - but, at least at the moment, PCGS carries a much higher premium which they earned due to their higher credibility!

Ho

Re: Fair price for 2006 buffalo in graded ms70 state?
 

When I first saw the high numbers of MS70's issued by NGC, versus PCGS lower numbers, I became very curious. My opinion is that NGC's integrity on grading has appeared to decline beyond such unacceptable levels, that I'd pay you more for a coin that was slabbed by Walmart than I would an NGC graded coin.

Re: Fair price for 2006 buffalo in graded ms70 state?
 

Well, I don't think its THAT bad - NGC is still the nations second best service - and I have seen incredibly bad services out there - companies that grade MS63s as anything from 65's-69's..........I would still trust them over any other EXCEPT PCGS......IMO.


AND, ON A SIDE NOTE - you have one of the very best taglines in town! I have actually used it a few times in talking to people and in my newsletter..........great one!

Re: Fair price for 2006 buffalo in graded ms70 state?
 

Pro, Master Ho couldn't have said it any better. He is right on the money! Nonetheless, I still think $760 for an MS-70 by, NGC is a delicious price. 4 Get the 69...

I am the one Master Ho referenced. I'll attach a pic of the, coin;

Re: Fair price for 2006 buffalo in graded ms70 state?
 

Thanks guys, I think I'm going to get one of the MS70's. I can only get one. The guys who screwed up one of my orders back in May just now got around to calling me back :wazzup_sg

And as a :Sorry: they are offering some of their current 'at cost' deals. Can I have my 60 dollar first strike 1/10 gold eagles instead? once again :Sorry: but how's about a ms70 buffalo...

Ah well, better late than never and I really did want one of them thar buffalos...

Re: Fair price for 2006 buffalo in graded ms70 state?
 

Man, that is a gorgeous coin - and I thank you for posting the picture cause when I told people about this they didn't believe it! I am keeping a copy.....and if you ever decide to sell it I would love to know - just for the goof its a keeper!!

Re: Fair price for 2006 buffalo in graded ms70 state?
 

Again - the people I have talked to (numerous dealers and collectors) all think the Buffaloes that will be worth the most are, in order...MS70's (PCGS, then NGC, 1st Strikes from either MIGHT be worth a bit more, but no assurance), then the proofs (graded, then ungraded) and then the MS69's.........so yes, get some MS70s, if you can, either PCGS or NGC - I suspect (tho who really knows, these are all educated guesses) both will go up! (Tho those who bought from the coins shows on TV are gonna be screwed - they paid over 35% more than those who bought from regular dealers or the mint!)

And now that the window for First Strikes has closed - there will be no more of them - prices should go up over the next year as the dust settles......

I have a few of the First Strike MS70's from NGC......and have both regular mint (some MS 69's and maybe some 70's) and some proofs getting graded now at PCGS.......I'll let you know what we learn when they come back!

Finally, I got my MS70's this morning - they are really nice coins - a lot of people are saying they are not so nice cause they don't seem to understand that they made the coin to have a dappled or leather look, not a flat, mirrored one.

If anyone doesn't like their MS70's, I am sure they can sell them for at least spot - hell, I'd buy them - AND with gold going up this fall-winter........I strongly suspect gold will go higher than any of us paid for these!

Cheers!

Ho

Re: Fair price for 2006 buffalo in graded ms70 state?
 

Pro,
Let me give you some inside info... If you say you are getting the coin from a dealer, who made a mistake on a past order??? And he told you that, you can have it at his cost? Tellin you right now he paid, $714ish... Get that MS-70 FOR $715. $715. $715...........

Re: Fair price for 2006 buffalo in graded ms70 state?
 

$715.00 :cool2:

Re: Fair price for 2006 buffalo in graded ms70 state?
 

No problem Ho, I figured most would be curious. Now if you can come up with, three Brunettes and a Blonde? It's all yours.

Re: Fair price for 2006 buffalo in graded ms70 state?
 

Post age preference! :wink:

Re: Fair price for 2006 buffalo in graded ms70 state?
 

Legal with good personalities or Even Steven for a, PF-70 Buffalo.

Re: Fair price for 2006 buffalo in graded ms70 state?
 

Actually, I think a PF-70 Buffalo I can do!!

Re: Fair price for 2006 buffalo in graded ms70 state?
 

PM me if you are serious?

Re: Fair price for 2006 buffalo in graded ms70 state?
 

Sir -

BTW - We had this convesation the other day about the first First Strikes.....near as I can see from my research, the SILVER First Strikes started in the 1990's....the first GOLD First Strike was 2006.......now, I can be sure, but I can't find anything different - and THAT would jive with the blurb I posted about the first First Strike being 2006 - it was for a gold coin, not silver - so it MIGHT have been right!

Let me know if you find out anything different!

Ho

Re: Fair price for 2006 buffalo in graded ms70 state?
 

Tulving is selling (PCGS MS70) Buffalo gold IN QUANTITY on his website.

He states he has shipped over 7000 MS69s already. This stuff is not rare by any means. Most gold for the dollar is your best option.

Re: Fair price for 2006 buffalo in graded ms70 state?
 

I have said repeatedly that this coin in MS69 is not rare at all - everyone got them graded when they got their coins - the MS70 in First Strike is the collectable if any are, then the proof.

Secondly - he has sold over 8,000 of the the MS69 (and probably the majority to other dealers)....the MS69 from him must be bought in quantity - and you pay roughly grading price over spot - but few people can afford 20 of them.

He is NOW offering the MS70 coin for $1750 - most are selling around that price or for $200 higher on Ebay of APMEX - that means very few people will be able to afford it and it is in much more limited supply - as I originally stated. Neither he nor APMEX have a minimum on the MS70 and his price is the lowest, but still a crazy price for a newly minted coin.

NOW - a SMART person would simply buy as many coins as they can afford from a dealer at about $650 or so (depending on the price of spot) and send it in and get it graded for an extra $30....if it comes back MS69 they are going to eventually get a few bucks more for it, but if they get lucky adn it comes back a MS70, they scored big......or APMEX has them from PCGS at MS69 for a very reasonable price, just a few dollars more for the grading, no minimum!

But, as I have already said - MS69's are going to be a dime a dozen cause everyone has them - First Strikes are limited to the first 50,000 coins minted and the first 30 days of sale - which are over - and MS70s, especially the First Strikes of those, will be a lot fewer and rarer - so those will be the true collectable if any are.

And yes - the most gold for your money IS the best option IF you are getting PMs as a hedge against inflation or worried about the dollar collapsing - but if you are a coin collector, as some are, then you also take into account the collectablity of a coin. Personally, I haven't bothered with any MS69's....just got a few proofs from the mint which are getting graded now - and a couple of MS70 First Strikes, the fact he is charging $1750 for them and others uo to $2000 says that was a smart move!

Ho

Re: Fair price for 2006 buffalo in graded ms70 state?
 

But...... those 8000 + MS69s already sold were mostly "first strikes", and indicated as such on the PCGS holders. What Tulving is doing is playing the odds, running a BUNCH of coins through PCGS (he is practically next door to them), dumping the 69s on the market at just over raw prices, and making his money on the 70s. If he is able to offer them in 10 coin lots, that should tell you something ! Grade rarity of modern coins is nothing more than a farce.....and a suckers bet at best.

Re: Fair price for 2006 buffalo in graded ms70 state?
 

Which is why this thread is mostly useless.....

Re: Fair price for 2006 buffalo in graded ms70 state?
 

Which is why I keep saying - even the First strikes in MS69 are not worth much - only the ones in MS70 MIGHT be!!!