'09 proof buffalo!!!!

No limit on ordering and No limit on the mintage, plus at least $1360. per coin seems to rule out the riff raff on this item!! This one's a real guessing game for me, I paid $800. for an '06 proof Buff. and almost had the big one!!

 

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Check this out Roberto....

http://www.numismaster.com/ta/numis/Article.jsp?ad=article&ArticleId=8054

 

I dislike the fact that certain dealers will order dozens or hundreds of these coins, take them to a TPG for expedited grading with instructions not to slab anything that doesn't grade out to PF70. They will keep all of the PF70s and return the others to the Mint for refunds.

The Mint will then fill individual's smaller orders with these rejects.

Some of these unscrupulous dealers might even be on the Mint's list of Approved Dealers who are permitted to buy bullion coins that the Mint will not sell directly to individual investors or collectors.

I have already complained to my Congressman about this practice, but it might help if other collectors would also complain to their Congressmen. It might only take a few Congressional requests for information about this practice for the Mint to stop this abuse.

 

Thanks for the link. This sentence is not pleasing: "The proof Buffalo gold coin will have a matte finish ..."

That sounds like the proofs will not be any different than the bullion version, except peerhaps for the "W" mint mark. It also means that the quality might be substantially lower than normal for a proof.

 

Buffalo Stacker the Mint changed their return policy to 7 days instead of 30 days as it had been done for many years. That might slow it down a little.........:hammer:

 

Great! Thanks for the info.

But what about the "matte" finish? Is that correct? The Mint's old definition of a proof was a polished finish, not a matte finish.

 

The more and more I read about the '09 Gold buffalo, the more depressed I get.. It sounds like the Mint is greedier this year than the last 3.

Matte finish, no mint limit yet, I dont' know.. the 08 seems like the winning year so far.

 

Since English is not my native language, I tend to be very careful whenever I speak it, read it, and or write it. (and still I comit a lot of mistakes... I hope this is not one!) As I was reading into the description of the gold PROOF Buffalo coin posted in the US MINT site, I failed to notice where it says that the coin will have a "MATTE" finish similar to that of the bullion coin. However I noticed a sentence that reads,

"Each coin contains one ounce of .9999 fine, 24-karat gold and is presented in an elegant hardwood box with a matte finish and a faux leather inset, and is accompanied by a certificate of authenticity signed by the Director of the United States Mint."

To my understanding it is the box the one that has the "MATTE" finish, not the coin. I might be right, I might be wrong... I would hate to be wrong ! What is your opinion? Keep in mind that as per the US MINT owns definition proof coins are those that have been strucked multiple times so the softly frosted and highly detailed images seem to float above the field.

The below paragraph was copied from one of the a US Mint www pages.

United States Mint American Buffalo Gold Proof Coins
The United States Mint produces a proof version of these coins for collectors. The term "proof" refers to a specialized minting process that begins by manually feeding burnished coin blanks into presses fitted with special dies. Each coin is struck multiple times so the softly frosted and highly detailed images seem to float above the field.
An official Certificate of Authenticity accompanies each coin.

 

"A private central bank issuing the public currency is a greater menace to the liberties of the people than a standing army...We must not let our rulers load us with perpetual debt."
Thomas Jefferson

 

I have a '06 Buffalo and the only "matte" finish is on th Beast itself!! The backround is done is a high glossy proof finish that accentuates the Buff. ( It is a trully beautiful coin!) NOT TO WORRY!!

 

leoq you are 100% right... I got in an argument with green18 about this on another thread. MATTE is NO contrast.... if a proof had a matte finish it wouldnt be a proof. numismaster must have some really dumb people posting things on their site because not only can they not read, but they also put a picture of a NON proof matte finish buffalo up as if its a picture of a proof in that article. +1 for someone else noticing / being able to read.

 

Expect these coins to be marketed. Hard.

Personally, I'm buying gold for as close to spot as I can find and these ain't it.

 

However, it is still a proof ( none the less) regardless of how you feel. Proof is a method of manufacture, not a condition.....

 

Since English is not my native language, I tend to be very careful whenever I speak it, read it, and or write it. (and still I comit a lot of mistakes... I hope this is not one!)

leoq, I commend you sir for your English and just trying to communicate in a language that is not your native tongue. Heck I had 4 years of French in grade school and 3 years of Spanish in High School.....and still could not communicate in either lanaguge well enough to hail a taxi! But of course I'm a American you know ....we believe if we speak our language slow enough and repeat our selves over and over again..... even a man from Mars would understand us! kudos to you leoq.....oh that means way to go DUDE! :hail: Paddy

 

When talking about modern coins proofs are not matte. If its got a matte finish then its not circulated. Still dont know why you're trying to argue this. The point of the original comment was the stupid comment a website made when the mint said the wooden BOX had a matte finish, not the proof.

 

Green Are you sure ....your glad I'm back? like a bad penny I am.......:kewl: Just kidding.....you know....:goofer:


As for the Buffalos I have purchased a proof from each year since the first year ...sent back the 4 coin proof and kept the 4 coin MS set.... I also picked up a 2008 MS-70 oz. size in a deal I made. My question is this and excuse me for being dumb whats the difference between a 2008 W and a 2008? Both are struck at west point. I have always loved the buffalo nickel design...thus wanted these coins for that reason and because they were .9999 gold. I wish they scrap the oz. size and go with the fractional sizes instead so they be more afordable for younger collectors. Ok Jump Ball who's going to educate Paddy on this one? Thanks

 

Shoot, shame on me Boxer. I didn't know we were talking about a "box". I thought we were talking about a "coin" since the term "matte proof" (at least to me) is always used when refering to a coin. You have my appologies......

 

an elegant hardwood box with a matte finish


no apologies needed, some day you will learn to read and speak your native language :headbang:

 

Oh boxer, that hurt. I'm truely never going to get over your slight. Woe is me....

 

haha awww, we will get along in no time, dont you worry.