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07-21-2008, 11:49 PM
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#1 (permalink)
| | Member
Join Date: Jul 2007 Location: United States of America
Posts: 3,386
My Mood: | Quote:
Originally Posted by Cloudsweeper99 I won't be buying any buffalos. It seems doubtful that they are worth any more than bullion value so the premium is not justified. | I agree with you that these coins will probably be worth nothing more than bullion..... But when would the premium above melt be justified? The mint will always get their cut. Just like the American Eagles, only those that like the coins and have the funds will be buying them.
__________________ "These are the times that try men's' souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country; but he that stands it now, deserves the love and thanks of man and woman. Tyranny, like hell, is not easily conquered; yet we have this consolation with us, that the harder the conflict, the more glorious the triumph." Thomas Paine, Intro to the The Crisis, December 19, 1776 |
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07-21-2008, 11:54 PM
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#2 (permalink)
| | King of Hearts
Join Date: Dec 2006
Posts: 11,559
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Originally Posted by jaceravone Just like the American Eagles, only those that like the coins and have the funds will be buying them. | thumbing your nose at us poor folks i see |
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07-22-2008, 02:29 PM
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#3 (permalink)
| | Treasure Hunter
Join Date: May 2005
Posts: 5,234
| Quote:
Originally Posted by jaceravone I agree with you that these coins will probably be worth nothing more than bullion..... But when would the premium above melt be justified? The mint will always get their cut. Just like the American Eagles, only those that like the coins and have the funds will be buying them. | Bullion coins are worth a small premium above melt because the fact that they are coined means the buyer is also buying certification of the weight and purity compared to, say, a vile of gold flakes. I'm sure the Mint will extract their pound of flesh, but not from me. It is occasionally possible to buy gold coins below melt value. This seems to happen more with gold than silver.
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07-22-2008, 02:59 PM
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#4 (permalink)
| | jasmine
Join Date: Jan 2007 Location: new york city
Posts: 5,391
My Mood: | i got mine
i ordered 10 pc of 1/4 oz buffalo. 5 proof and 5 unc.
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07-22-2008, 04:33 PM
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#5 (permalink)
| | King of Hearts
Join Date: Dec 2006
Posts: 11,559
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Originally Posted by elaine 1970 i ordered 10 pc of 1/4 oz buffalo. 5 proof and 5 unc. | good we dont want the mint to shut down. keep the flag flying
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07-22-2008, 09:31 PM
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#6 (permalink)
| | Numismatist
Join Date: Jul 2005
Posts: 2,710
My Mood: | Quote:
Originally Posted by elaine 1970 i ordered 10 pc of 1/4 oz buffalo. 5 proof and 5 unc. | money bags |
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07-22-2008, 01:11 PM
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#7 (permalink)
| | Member
Join Date: Nov 2006 Location: Western PA
Posts: 67
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Not sure if this is a problem or not, but I just went on line at 12:04 to order. After ordering, I went to my account to make sure the order was there. It was, but it said order suspended and it gave the time of the order as July 22, 2008 at 12:04 AM!
Now I'm not sure if it went through or not. Looks like the mint's clock is 12 hours off.
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07-22-2008, 01:17 PM
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#8 (permalink)
| | Member
Join Date: Jul 2007 Location: United States of America
Posts: 3,386
My Mood: | Quote:
Originally Posted by Booner Not sure if this is a problem or not, but I just went on line at 12:04 to order. After ordering, I went to my account to make sure the order was there. It was, but it said order suspended and it gave the time of the order as July 22, 2008 at 12:04 AM!
Now I'm not sure if it went through or not. Looks like the mint's clock is 12 hours off. | Mine too. I am sure they will fix the problem soon enough.
__________________ "These are the times that try men's' souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country; but he that stands it now, deserves the love and thanks of man and woman. Tyranny, like hell, is not easily conquered; yet we have this consolation with us, that the harder the conflict, the more glorious the triumph." Thomas Paine, Intro to the The Crisis, December 19, 1776 |
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07-22-2008, 01:33 PM
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#9 (permalink)
| | Member
Join Date: Sep 2006
Posts: 32
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I placed three separate orders the first is on hold at 12:01am , the second at 12:03am on hold and the third at 12:04am is suspended.
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07-22-2008, 02:10 PM
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#10 (permalink)
| | King of Hearts
Join Date: Dec 2006
Posts: 11,559
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Originally Posted by jaceravone | Quote:
Originally Posted by jaceravone Mine too. I am sure they will fix the problem soon enough. | Quote:
Originally Posted by drb I placed three separate orders the first is on hold at 12:01am , the second at 12:03am on hold and the third at 12:04am is suspended. | you guys can try ordering now i dont see a problem |
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07-22-2008, 03:24 PM
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#11 (permalink)
| | Member
Join Date: Jul 2007 Location: United States of America
Posts: 3,386
My Mood: |
Just rechecked my order and it said pending and instock! The time stamp on the order still says 12:04AM.
__________________ "These are the times that try men's' souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country; but he that stands it now, deserves the love and thanks of man and woman. Tyranny, like hell, is not easily conquered; yet we have this consolation with us, that the harder the conflict, the more glorious the triumph." Thomas Paine, Intro to the The Crisis, December 19, 1776 |
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07-23-2008, 01:44 AM
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#12 (permalink)
| | Junior Member
Join Date: Mar 2007
Posts: 6
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having just rescued a major portion of my life's savings from IndyMac Bank and the FDIC, I figure I can afford to treat myself to a few of these sets- it feels like found money at this point!
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07-23-2008, 02:02 AM
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#13 (permalink)
| | King of Hearts
Join Date: Dec 2006
Posts: 11,559
| Quote:
Originally Posted by jbm5749 having just rescued a major portion of my life's savings from IndyMac Bank and the FDIC, I figure I can afford to treat myself to a few of these sets- it feels like found money at this point! | please dont waste your lifes savings on these
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08-15-2008, 03:44 PM
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#14 (permalink)
| | Member
Join Date: Jul 2007 Location: United States of America
Posts: 3,386
My Mood: | STOP THE MADNESS!
Watching MSNBC and they are talking about the big downturn of gold. One of the investors they interviewed expected gold to drop even further before we see an upswing. This is crazy! So what do we do????? Do we return all our Buffalo sets in protest of the value of gold?????? The mint dosen't care. They are not going to lower the prices of their gold sets.
__________________ "These are the times that try men's' souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country; but he that stands it now, deserves the love and thanks of man and woman. Tyranny, like hell, is not easily conquered; yet we have this consolation with us, that the harder the conflict, the more glorious the triumph." Thomas Paine, Intro to the The Crisis, December 19, 1776 |
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08-15-2008, 04:43 PM
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#15 (permalink)
| | King of Hearts
Join Date: Dec 2006
Posts: 11,559
| Quote:
Originally Posted by jaceravone STOP THE MADNESS!
Watching MSNBC and they are talking about the big downturn of gold. One of the investors they interviewed expected gold to drop even further before we see an upswing. This is crazy! So what do we do????? Do we return all our Buffalo sets in protest of the value of gold?????? The mint dosen't care. They are not going to lower the prices of their gold sets. | didnt i tell you not to buy the buffalo and sell your old coins. The buffaloes were always a losing proposition if you want gold to rise just wait for a few months.
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