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07-21-2008, 02:52 AM
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#1 (permalink)
| | jasmine
Join Date: Jan 2007 Location: new york city
Posts: 5,378
My Mood: | 2008 american buffalo proof and uncirculated gold coins
american buffalo proof and uncirculated gold coins will be on sale starting july 22, 2008. let's see if these items will be hot when gold is high?. how it will compare to american eagle series?. what you think?.
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07-21-2008, 02:56 AM
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#2 (permalink)
| | Numismatist In Training
Join Date: Dec 2007 Location: Colorado Springs, CO
Posts: 5,027
My Mood: |
I won't be ordering any.
__________________ No state shall emit bills of credit, make any thing but gold and silver coin a tender in payment of debts, coin money . . . - US Constitution, Article 1, Section 10 ANA LM-3799; OHNS LM-59; SUSCC R-4005. All coins stored in bank safe deposit box. |
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07-21-2008, 02:59 AM
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#3 (permalink)
| | Senior Member
Join Date: Jan 2008
Posts: 207
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As much as I like the Gold Buffalo's much more than the Gold American Eagles, with the high price of gold, I don't think they will be worth much more than bullion price. The fractionals will probably be popular for a good while at first though, though the mint says that there are no order limits (for now).
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07-21-2008, 05:13 AM
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#4 (permalink)
| | Senior Member
Join Date: Jun 2008 Location: Hawaii
Posts: 495
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I will be certain to purchase a few. I'm sure glad I bought the 06's and 07's too. Gold is going to climb. Mark my words. When gold is at $1200 you will thank me.
__________________ There's absoluetly no problem that cannot be solved with the right amount of explosives! [SIGPIC][/SIGPIC]Sometimes U have to go out on the limb, after all that's where the fruit is! |
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07-21-2008, 08:59 AM
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#5 (permalink)
| | jasmine
Join Date: Jan 2007 Location: new york city
Posts: 5,378
My Mood: | buffalo gold
i like 1/4 oz. it is almost the size of buffalo nickel. but then the price is high.
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07-21-2008, 01:47 PM
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#6 (permalink)
| | Member
Join Date: Nov 2006 Location: Western PA
Posts: 67
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Have to agree with Elaine, the price is very high. I guess it just depends on whether you are looking at any of these coins as as investment or you just want to start a new series. Because the Buffalo nickel is my wife's favorite coin (along with the Indian Head penny) I will buy one. Probably the 1/4 ounce because of the size (mentioned above), but I haven't decided on BU or proof. This will be our first gold coin so to me the investment doesn't count for as much as the coin/design itself. Our anniversary is next month and I'm trying really hard to keep her interest level high!
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07-21-2008, 01:52 PM
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#7 (permalink)
| | jasmine
Join Date: Jan 2007 Location: new york city
Posts: 5,378
My Mood: | to booner
if she is not a collector. then proof. look better and beautiful.
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07-21-2008, 05:11 PM
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#8 (permalink)
| | Member
Join Date: Nov 2006 Location: Western PA
Posts: 67
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Elaine 1970, I will probably go with the proof. I didn't mention earlier, but she has a collection of Buffalo nickels in a dansco, bout 75% complete, and we just purchased the 1937-D 3 legged for her last week. That is off to be slabbed, so the 1/4 ounce gold ones would be nice to start a set of.
Tim
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07-21-2008, 05:15 PM
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#9 (permalink)
| | jasmine
Join Date: Jan 2007 Location: new york city
Posts: 5,378
My Mood: | to booner
then, buy one proof and one uncirculated 1/4 oz buffalo gold coins for her. anyway, she is your wife.
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07-21-2008, 07:02 PM
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#10 (permalink)
| | Member
Join Date: Jul 2007 Location: United States of America
Posts: 3,378
My Mood: |
If you are going to buy the set(s)/coin(s), the time is now because as many of us know, if the price of gold goes up so will the mint's prices.... but on the flip side - if the price of gold drops then the price will stay the same. That's just the way the mint operates. The price of these sets will never be cheaper than they are now.
__________________ "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, 07:13 PM
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#11 (permalink)
| | jasmine
Join Date: Jan 2007 Location: new york city
Posts: 5,378
My Mood: | it may lower
the mint can lower the prices. it did before. but recently. never.
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07-21-2008, 07:15 PM
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#12 (permalink)
| | Member
Join Date: Jul 2007 Location: United States of America
Posts: 3,378
My Mood: |
They can....but they won't.
__________________ "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, 07:19 PM
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#13 (permalink)
| | King of Hearts
Join Date: Dec 2006
Posts: 11,559
| Quote:
Originally Posted by jaceravone If you are going to buy the set(s)/coin(s), the time is now because as many of us know, if the price of gold goes up so will the mint's prices.... but on the flip side - if the price of gold drops then the price will stay the same. That's just the way the mint operates. The price of these sets will never be cheaper than they are now. | joe is giving advice. how cute i am so happy |
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07-21-2008, 07:30 PM
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#14 (permalink)
| | Member
Join Date: Jul 2007 Location: United States of America
Posts: 3,378
My Mood: | Quote:
Originally Posted by spock1k joe is giving advice. how cute i am so happy  | There is a fee for that! I will send you the bill.
__________________ "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, 07:49 PM
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#15 (permalink)
| | You get what you pay for.
Join Date: Feb 2006 Location: Nebraska/Iowa
Posts: 4,760
My Mood: |
I'm not buying at the ripoff prices the mint currently wants, $130 for a tenth worth $96-98 is highway robbery. Max for me would be spot plus 10% for something with no numismatic value, of which I define modern bullion as. They want spot plus 33-35%, ridiculous.
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