Will the American Buffalo Reverse Proof hold its value?

Go into the future a few years. Assume gold prices don't move much. Do you feel this coin will hold its value or even move up or is the mintage just too high?

10 days to go and I am so back and forth on this one. The Ultra High Relief American Eagle was really cool and very different. I don't know how much difference a reverse proof is unless the mint doesn't do it again for the Buff.

Thoughts?
opinions?
Anyone wrestling with this with limited PM funds?

 

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Seems everyone is grabbing these, so IMO, not much future upside.

 

No, it will be worth little more then the standard proofs. The early birds got the worm at the ANA show. I canceled my order from the mint, mainly because they did the early release thing which pissed me off, but all that aside. I stand by my opening statement.

I would put the money into low premium bullion such as a standard gold eagle etc. looks like gold is on it's way back up up up~

 

it will hold but I am not sure about a high upside.
I am going to compare it to the 2013 proof version in term of mintage and value.
concerning funds, would have preferred to purchase 3 but the choices for this year held me in check with all of the different offerings.

 

Fast forwarding ten years I would guess that in the raw it will hold a 10-15% premium above spot, but those trying to compare it with the UHR and the premium it carries are going to be disappointed IMO. When the final tally comes in you'll probably have 50,000+ struck, not exactly rare in my book.
I myself prefer the look of the normal proof and the 2013 should have low numbers thanks to the RP. Those of you that play the numbers angle may want to consider that.

 

I hope it stays low so I can buy it next year at a discount

 

Well 50k-60k mintage assuming the final tally is around that total would be half of what the UHR minted for. And the UHR still sells at very high premium considering any non-graded one have probably already been ruled out for grading by the seller. At the end of the day it comes down to supply vs demand and I personally think these will increase in value but not as much as the UHR. As for the regular buffalo proof I doubt that's going to be a low mintage at this time last year the 2012-w buffalo proof had a mintage of 13737 and was released in March 2012. The 2013-w proof was released in May and already has a mintage of 13141.

 

i should ask my buddy who ordered 30 of them to save one for me i guess