Seems the mint isn't going to limit these babys. You're gonna be able to load up on these all you want. I kinda feel it's a tad "pricey". What cha all think? http://www.numismaster.com/ta/numis/Article.jsp?ad=article&ArticleId=8054
Mintage limits.....No Price limits......Yes Boy, I remember the good old days when a proof buffalo cost around $800. Where have those days gone?
Wow no limits.. Well, let's review historical data since I'm a technical analyst, that's what I like to do. In the past, what coins yielded a no mint limit and ended up becoming rare? Has that situation ever occurred? If so, let's find some examples.
I wouldn't be concerned with rarity based on mintage limits. No limits simply means nobody is buying right now. So, even with no limits, not many of these are likely to get out. Of course, those who buy during a no buy time are likely to never recoup their money anyways because the prices are too high to cover the profit margin, even with limited numbers. When people stop buying, it usually means something is about to happen. Guy~
I am new to buying coins direct from the mint, but it seems this is info they are making up. I dont see anywhere else that they will not have a limit. Also, I find it hard to trust a website about coins that does not know what matte finish means..... if its a proof it's NOT a matte finish. Matte = lack luster, not shiny, not glossy and NOT a proof. I think someone over there is quite confused and should get **** under control before posting it on the web
Don't all of the proof buffalo coins have textured and rough proof fields, which are unlike the smooth flat reflective fields of other modern proofs... I think that is what is mean by matte finish in this case, although not the best description to use. This coin doesn't really interest me so I will not be buying. Good luck to those that choose to buy it though
As per the Red Book old fellow... "Matte Proofs have a granular "sandblast" surface instead of the mirror finish. Matte Proof cents, nickels, and gold coins were issued from 1908 to 1916; a few 1921 and 1922 silver dollars and a 1998-s silver half dollar were also struck in this manner. I think the mint knows what it's doing Boxer......
I fail to see what the definition of a matte proof has to do with what I just said. The buffalo coin pictured in that link has a matte finish... no contrast, not mirror like etc. Also, I agree the mint knows what they are doing, what I was disputing is that site.
Help me get something straight. If the spot price of gold goes below $1050, the price of the coin goes down by $50? That seems like a good "discount" for only a $6 or so drop in spot.
Yep, that is why we need to all wait a few weeks and see what will happen. Look for those deals. Knowing when to buy and when not to buy is the secrete. I have done quite well so far and fortunately have not been on the losing end of a purchase but only once. Unfortunatley, it was a biggie that I am still getting over...... and that was 2 years ago. If this market is anything like the last two times it went over $1000, it should drop very shortly......just be patient! :hammer:
Thats one way to look at it jaceravone, or you could buy one now, and then double down if it drops... then all your bases are covered even if it goes up
