Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
American Gold Eagle vs. American Buffalo
>
Reply to Thread
Message:
<p>[QUOTE="WingedLiberty, post: 1048742, member: 26030"]A few positive points for gold buffalos over gold eagles ... </p><p><br /></p><p>1. many dealers sell the gold buffalos in the stiff mylar sheeting as they came from the mint ... </p><p> i think this helps with avoiding counterfeit coins ... </p><p> the biggest risk you take in buying gold coins (in my opinion) is buying a counterfeit</p><p> (b.t.w. if doing an internet order you will need to ask when you buy them if they are still in the mint mylar packaging)</p><p>Not that mylar sheeting can't be counterfeited too, but it's one more layer of security.</p><p><br /></p><p>2. the mylar sheeting helps keep the coins pristine and mark free (no fingerprints from careless handling)</p><p><br /></p><p>3. the yearly mintage on the buffalos is lower than the eagles ... so you have the potential rarity kicker 20 years down the road</p><p> (in 2009 the gold buffalo mintage was 200,000 ... in 2009 the gold eagle mintage was nearly 1.5 million)</p><p><br /></p><p>4. the series mintage on the buffalos is WELL LOWER than the eagles ... </p><p>(buffs only minted for 5 years, eagles minted for 25 years)</p><p>(as of 2009 series mintage on the buffs is about 900,000 ... on the eagles closer to 15 million)</p><p>(so as a type coin the mintage on the buffalo is much much lower)</p><p><br /></p><p>The cost of the buffalo is can range $15 to $40 more than the AGE (1 to 2 percent) ... </p><p>but i think that the factors above outweigh that premium </p><p><br /></p><p>I actually have been buying a Gold Buffalo every year ... so I have the full set</p><p>2006 - 2010 ... it's a cool idea if someday an album came out for Gold Buffs</p><p>However I would probably end up hurting their grade if i album'd them</p><p>Still that would be a cool thing to open up and see.</p><p><br /></p><p>[ATTACH]103040.vB[/ATTACH][ATTACH]103041.vB[/ATTACH]</p><p><br /></p><p>If you do decide on buying Buffalos, I still recommend getting at least one Gold Eagle coin for your archive as they are beautiful coins to look at. In terms of sheer beauty ... i probably like the Gold Eagle more. It's just hard to beat that old St Gaudens Liberty design. I actually own more Gold Eagles than Gold Buffalos ... but still worry sometimes that i might have a counterfeit in my batch (something I dont worry about with the Buffs). </p><p><br /></p><p>Also you can consider buying at least 1 proof of each coin from the USMint as that condition really brings out the stunning beauty of these coins and it's fun to show the proofs to people that no nothing about gold coins (even though you do pay a premium for that condition). It's great to have one or two gold proofs leaning up against your computer screen to admire all day (while the rest of your archive sits tucked away in a bank safe deposit box).</p><p><br /></p><p><img src="http://mindstar.com/1999.png" class="bbCodeImage wysiwygImage" alt="" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="WingedLiberty, post: 1048742, member: 26030"]A few positive points for gold buffalos over gold eagles ... 1. many dealers sell the gold buffalos in the stiff mylar sheeting as they came from the mint ... i think this helps with avoiding counterfeit coins ... the biggest risk you take in buying gold coins (in my opinion) is buying a counterfeit (b.t.w. if doing an internet order you will need to ask when you buy them if they are still in the mint mylar packaging) Not that mylar sheeting can't be counterfeited too, but it's one more layer of security. 2. the mylar sheeting helps keep the coins pristine and mark free (no fingerprints from careless handling) 3. the yearly mintage on the buffalos is lower than the eagles ... so you have the potential rarity kicker 20 years down the road (in 2009 the gold buffalo mintage was 200,000 ... in 2009 the gold eagle mintage was nearly 1.5 million) 4. the series mintage on the buffalos is WELL LOWER than the eagles ... (buffs only minted for 5 years, eagles minted for 25 years) (as of 2009 series mintage on the buffs is about 900,000 ... on the eagles closer to 15 million) (so as a type coin the mintage on the buffalo is much much lower) The cost of the buffalo is can range $15 to $40 more than the AGE (1 to 2 percent) ... but i think that the factors above outweigh that premium I actually have been buying a Gold Buffalo every year ... so I have the full set 2006 - 2010 ... it's a cool idea if someday an album came out for Gold Buffs However I would probably end up hurting their grade if i album'd them Still that would be a cool thing to open up and see. [ATTACH]103040.vB[/ATTACH][ATTACH]103041.vB[/ATTACH] If you do decide on buying Buffalos, I still recommend getting at least one Gold Eagle coin for your archive as they are beautiful coins to look at. In terms of sheer beauty ... i probably like the Gold Eagle more. It's just hard to beat that old St Gaudens Liberty design. I actually own more Gold Eagles than Gold Buffalos ... but still worry sometimes that i might have a counterfeit in my batch (something I dont worry about with the Buffs). Also you can consider buying at least 1 proof of each coin from the USMint as that condition really brings out the stunning beauty of these coins and it's fun to show the proofs to people that no nothing about gold coins (even though you do pay a premium for that condition). It's great to have one or two gold proofs leaning up against your computer screen to admire all day (while the rest of your archive sits tucked away in a bank safe deposit box). [IMG]http://mindstar.com/1999.png[/IMG][/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
American Gold Eagle vs. American Buffalo
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...