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2013w American Buffalo 1 ounce reverse proof
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<p>[QUOTE="krispy, post: 1749096, member: 19065"]Pretty sure you already have the same answer regarding pricing as anyone else reading <a href="http://www.usmint.gov/pressroom/?action=press_release&id=1480" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.usmint.gov/pressroom/?action=press_release&id=1480" rel="nofollow">press releases from the U.S. Mint</a>, <a href="http://mintnewsblog.com/2013/07/reverse-proof-gold-buffalo-offered-during-ordering-window/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://mintnewsblog.com/2013/07/reverse-proof-gold-buffalo-offered-during-ordering-window/" rel="nofollow">Mint News Blog</a> or Coin Update and/or any other repeated source of the same information:</p><p> </p><p>"Pricing will be according to the US Mint’s <a href="http://catalog.usmint.gov/wcsstore/ConsumerDirect/images/catalog/en_US/PMPricingGrid.pdf" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://catalog.usmint.gov/wcsstore/ConsumerDirect/images/catalog/en_US/PMPricingGrid.pdf" rel="nofollow">pricing grid</a> for gold and platinum numismatic products. Based on the existing grid, for a gold price within the $1,250 to $1,299.99 range, the coins would be $1,640 each. The actual price will be determined based on the average weekly gold price during the period leading up to the release and may vary during the course of the offering."</p><p> </p><p>As for the future value, it's anyone's guess.</p><p> </p><p>When the 20th Anniversary 2006 RP AGE was available, there were just 10,000 minted. That's the Mint actually creating rarity. With this new AGB RP it will be much higher, especially with the wholesale dealers and TPG looking to cash in off awarding themselves meaningless designations on labels and perfect grades to ensure overpriced aftermarket markups. Mint-to-demand, will ensure mintages well above 10k for this coin.</p><p> </p><p>When the 2006 AGB released it was about $800, from the Mint, which includes their hefty numismatic premium mark up. Gold spot is now in decline after a few years of excessively over priced panic buying charged it up, but it's less than 10 years since the AGB coin lauched and these new collector coins will sell for double the 2006 retail price. The really hot AGBs, the 2008 fractionals are behind us and have secured their value since the Mint doesn't mint them anymore.</p><p> </p><p>Now you're offered a coin that is using the same gimmick to sell pricey bullion, the Reverse Proof, a thing which is quickly becoming a less and less special "effect" applied to a coin, AND which is now done with a lesser quality technique of laser etching, a rather crude surface treatment compared to the actually well defined proofs struck on these coins in the first few years before the Mint shifted gears for capitalizing on profit at the expense of quality.</p><p> </p><p>As with most US Mint releases, your future value lies in an arbitrary labeling system generated outside the Mint by the major TPGs hawking Early Release and First Strike nonsense with subjectively "perfect" grade 70 coins. From there, how convinced are the public at buying into these schemes will show you what these are "worth".[/QUOTE]</p><p><br /></p>
[QUOTE="krispy, post: 1749096, member: 19065"]Pretty sure you already have the same answer regarding pricing as anyone else reading [URL='http://www.usmint.gov/pressroom/?action=press_release&id=1480']press releases from the U.S. Mint[/URL], [URL='http://mintnewsblog.com/2013/07/reverse-proof-gold-buffalo-offered-during-ordering-window/']Mint News Blog[/URL] or Coin Update and/or any other repeated source of the same information: "Pricing will be according to the US Mint’s [URL='http://catalog.usmint.gov/wcsstore/ConsumerDirect/images/catalog/en_US/PMPricingGrid.pdf']pricing grid[/URL] for gold and platinum numismatic products. Based on the existing grid, for a gold price within the $1,250 to $1,299.99 range, the coins would be $1,640 each. The actual price will be determined based on the average weekly gold price during the period leading up to the release and may vary during the course of the offering." As for the future value, it's anyone's guess. When the 20th Anniversary 2006 RP AGE was available, there were just 10,000 minted. That's the Mint actually creating rarity. With this new AGB RP it will be much higher, especially with the wholesale dealers and TPG looking to cash in off awarding themselves meaningless designations on labels and perfect grades to ensure overpriced aftermarket markups. Mint-to-demand, will ensure mintages well above 10k for this coin. When the 2006 AGB released it was about $800, from the Mint, which includes their hefty numismatic premium mark up. Gold spot is now in decline after a few years of excessively over priced panic buying charged it up, but it's less than 10 years since the AGB coin lauched and these new collector coins will sell for double the 2006 retail price. The really hot AGBs, the 2008 fractionals are behind us and have secured their value since the Mint doesn't mint them anymore. Now you're offered a coin that is using the same gimmick to sell pricey bullion, the Reverse Proof, a thing which is quickly becoming a less and less special "effect" applied to a coin, AND which is now done with a lesser quality technique of laser etching, a rather crude surface treatment compared to the actually well defined proofs struck on these coins in the first few years before the Mint shifted gears for capitalizing on profit at the expense of quality. As with most US Mint releases, your future value lies in an arbitrary labeling system generated outside the Mint by the major TPGs hawking Early Release and First Strike nonsense with subjectively "perfect" grade 70 coins. From there, how convinced are the public at buying into these schemes will show you what these are "worth".[/QUOTE]
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2013w American Buffalo 1 ounce reverse proof
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