I need some help...DO I HAVE SOMETHING HERE... I've attached a picture of what I have...I am VERY NEW to this "coin thing" and am TRYING to see if I "have something here" with my coin... ALL I DO KNOW... 2011-F... American Indian Head/Buffalo... $50 coin... 1 ounce Gold... Still AIR SEALED from Mint... ORIGINAL PRICE: $1,600 + Change and I DO HAVE the receipt... Thank You In Advance...KimberLaws
Welcome Kimberly. Yes you do have something there. It is a one ounce gold buffalo bullion coin issued by the US mint and they have proven to be a popular release. I can see the packaging and that does appear to be the packaging issued by the mint so I am confident what you have is genuine..... Bullion coins tend to be tied to the current bullion value which is below $1300.00 currently. However gold buffalo's tend to carry a premium because they are a popular and sought after piece. Welcome to CT and a wonderful hobby. Edit... Keep that coin in the packaging! Handling the coin will be detrimental to it's value.
Looks like you have 1 ounce of gold. As for the "F". That is the designer's initial, James Earle Fraser, not the mint mark. Looking on a few sites, your coin can be purchased for around $1400 as @l.cutler stated.
Thank you for such quick replies...As I said, I am new to this...I'm guessing that I should just hang on to these coins...In all honesty, I have TEN of these coins and they are ALL packaged the EXACT SAME WAY...I have all the ORIGINAL receipts and paperwork as well...They were purchased for $1,688/ea...I got them from Northwest Terrirorial Mint...
Northwest Territorial Mint is not in any way affiliated with the actual US Mint. They are just a third party seller. They also make various medals in their minting facility. I have a few that I got from various ships I have deployed on that were minted by them. If I were you, I would hang on to them since you are in the hole ~$200 per coin based on current gold value. If you needed the quick cash though, you could probably easily sell them. Though you most likely wouldn't get what you paid for them.
Oh, I'm not desperate for cash and I originally purchased them IN HOPES of making a few bucks down the road...It was an investment idea that my dad had and I, FOR ONCE, LISTENED TO HIM...Lol...Glad to know I did "well" in my investment...As for the Third party thing, that is what I assumed, but wasn't SURE...Thank you for the information...
Ok...SOOOO...I ALSO HAVE THESE...Are THESE worth ANYTHING?!?! As the Indian/Buffalo...I have ALL the paperwork on these as well, PLUS, they too, have NEVER BEEN taken OUT of the ORIGINAL packaging...Do I "have something here" as well?!?!
I also just posted some other coins that I have, can you take a look at them as well please...Tell me what you think...
I also just posted another set I have...Can you take a look and tell me what you think about them as well please...
And YES SIR...I would NEVER take them OUT of the packaging...I learned things like THAT with collecting "toys" and such...NEVER, EVER take things OUT of the packaging NOR REMOVE THE ORIGINAL PRICE TAG...
These too are US mint issued bullion coins based upon the design of the St. Gaudens double eagle, one of the most beautiful coins our mint ever produced. They typically trade at spot bullion prices. Right now that would be around $1275.00 per ounce. Simply do the arithmetic from there... Keep in mind that the spot bullion value is constantly changing. It wasn't all that many years ago that gold traded over $1800.00 per ounce. And gold is a safe place to store your money. I was fortunate in the 1990's to come into a little cash and used most of that cash to buy gold at around $800.00 per ounce at the time. That was over twenty years ago and if I sold off today I would realize a nice return. Whole point being, hold it for the long term. You do own some very nice, desirable and liquid coins there. Congratulations.
Anyone else find it odd that someone would spend $20,000 without even knowing what they’re buying? Sorry, but this whole thread seems odd to me...
NO its NOT ODD...My father collected coins for 50 YEARS and I used to sell Real Estate and worked FOR MY FATHER, which owned a Century 21...I happened to have had a VERY GOOD YEAR in commissions and I wanted to invest in SOMETHING that I would get a GOOD RETURN ON at a LATER DATE...Real Estate, BACK THEN, was taking a tumble and I didn't want to invest in land...Just because I DIDN'T KNOW "WHAT I WAS BUYING", didn't mean MY FATHER DIDN'T...He was a BRILLIANT and HIGHLY intelligent man and HE KNEW COINS...Simple as THAT...Sorry if you are a NON believer that SOME KIDS DO LISTEN and take advice from their parents...And I didn't spend $20k on them, I spent $16,880.00
Nice coins, hang on to them and wait for gold to go up. These have beaten the bullion price. I wanted the quarter ounce gold standing liberty that the mint sold for $485 plus shipping. I saw one on Craigslist (shudder) for $400 and was tempted. He lowered the price to $380 and I went to look at it. He had all the packaging and a receipt so I got it. These have not appreciated but I love the design. Duh, I couldn't get it to do full images of both
My father used to talk my ears off about his coins...Wish I'da listened a LOT MORE to him as far as "what this coins stands for", "what this symbol means"...I would CERTAINLY be MUCH MORE educated on these coins and wouldn't have to come here to do my "learning"...I wasn't interested THEN, in what, what meant...Just wanted to know the possible "money to be made" in the future...My father has been gone a year now and hindsight...
Basics the price of gold, times how many total ounces, the modern coins carry a small premium to the gold market value. witch is around 1278 per ounce, about 1400 may get a little more in ogp. but if someone was buying them all they would want to make a little also. my point of view, nice coins. should you sell them, well gold is real, and money is paper.