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<p>[QUOTE="jimmybcool, post: 739596, member: 21591"]Just when I thought it was safe to go in the water :rolling:</p><p><br /></p><p>OK. I had settled on getting some Gold Buffalos. Soooo, look around a bit and the prices are all over the MAP.</p><p><br /></p><p>I get the concept of "proof" being a higher grade minting process and look cooler and "might" offer some higher value as a collectible versus simple metal content. But, I don't get this:</p><p><br /></p><p>Dealer A - plain gold buffalo, year unstated, 99.9% gold one ounce = $1202.70</p><p><br /></p><p>Dealer B - 2009 Proof 1 ounce Gold Buffalo G$50 PCGS PR70 First Strike (some of this I do not get) = $1750 wire $1800 cc</p><p><br /></p><p>US Mint - 2009 American Buffalo One Ounce Gold Proof Coin (BA9) = $1410</p><p><br /></p><p>So I get it that the proof coin from the mint is going for about a $210 premium for the higher grade minting. What I don't get is the difference between the mint proof and dealer b's proof. Very confused on this.</p><p><br /></p><p>I have pretty much decided to grab a few of the $1202 gold Buffalos as their value is 100% based on metal content and easy to understand. A good start. Is there any essays on the different grading processes that I could read to get a running start so I might undeerstand some of what I read on this forum?[/QUOTE]</p><p><br /></p>
[QUOTE="jimmybcool, post: 739596, member: 21591"]Just when I thought it was safe to go in the water :rolling: OK. I had settled on getting some Gold Buffalos. Soooo, look around a bit and the prices are all over the MAP. I get the concept of "proof" being a higher grade minting process and look cooler and "might" offer some higher value as a collectible versus simple metal content. But, I don't get this: Dealer A - plain gold buffalo, year unstated, 99.9% gold one ounce = $1202.70 Dealer B - 2009 Proof 1 ounce Gold Buffalo G$50 PCGS PR70 First Strike (some of this I do not get) = $1750 wire $1800 cc US Mint - 2009 American Buffalo One Ounce Gold Proof Coin (BA9) = $1410 So I get it that the proof coin from the mint is going for about a $210 premium for the higher grade minting. What I don't get is the difference between the mint proof and dealer b's proof. Very confused on this. I have pretty much decided to grab a few of the $1202 gold Buffalos as their value is 100% based on metal content and easy to understand. A good start. Is there any essays on the different grading processes that I could read to get a running start so I might undeerstand some of what I read on this forum?[/QUOTE]
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