Anyone buying the American Buffalo 2024 One Ounce Gold Proof Coin today? Only $3,240
Goldbully
Posts: 17,100 ✭✭✭✭✭
I remember owning a set of the 2008-W Gold Buffs, all PCGS 70's with First Strike.
Wish I held on to them now.
Would it make sense to bring the fractionals back with today's sky high gold?
Such a beautiful coin design.
Just saw this set online.
$11,999
Mintage is the same as the 2023 coin.
4
Comments
Are they actually SELLING at numbers like this? 12k! Yikes. I remember '08 & got the 1/4 and 1/2 oz buffs in unc. and proof and didn't really care about the others...
Well, just Love coins, period.
Too rich for me as is all gold.
Still have one of my 2006’s. Didn’t they go for around $2k when released?
“The thrill of the hunt never gets old”
PCGS Registry: Screaming Eagles
Copperindian
Retired sets: Soaring Eagles
Copperindian
i got a $5 buffalo at coin fest that year, wish it was still there as well
According to this Mint press release, the 2006 PF was $800 at release.
@MetroD: thanks - you’re right! Terrible memory on my part. I bought two; wish I still had the other one!
“The thrill of the hunt never gets old”
PCGS Registry: Screaming Eagles
Copperindian
Retired sets: Soaring Eagles
Copperindian
No.
No, I'm not buying one of the new Buffalo gold pieces.
And yes, I wish I had bought the four piece Buffalo set when the mint offered it. As usual the mint's price premium was way over the melt value looked too high at the time. I liked the look of the set. The gold value was not the attraction for me.
I really like the set in the original mint package. Those are not around very much any more, and they are expensive at any rate. (Way over melt.).
You can buy an Unc. St. Gaudens $20 for less than you will be paying for that Buffalo. I dare say you could find one of these for less. It's a common date in an NGC MS-64 holder. It has blazing luster, which used to mean something, and only minor marks.
_ Thanks for the flashback to the 2008 Buffalo proof set!
I still have one of those Proof Sets in the original package, cool case, along with a set of uncirculated and a few in various single denominations.
I love the nickel sized denomination in the Buffalo gold.
Miles I am so jealous. I knew I let a good thing go. I’ll have to check my records and see how I did.
Thanks Bully. I love me some Gold Buffalo, and I’ve held onto damn near every gold one I have purchased. No strategy, just hoarding to beat hell.
Financial suicide in my book. Hard psss.
Could be. If gold has a big correction, there is long a long way to come down.
I have all the fractional 2008 except the one ounces bought originally from the mint. I bought a 2013 Buffalo one ounce from mint but sold it years ago. Gold getting too expensive for me to collect anymore. Maybe have 20 ounces all together though of various gold bought from the mint. Inflation really helping gold prices.
Box of 20
Mint pricing for the 2008-W Gold Buffs. based on the four coin set.
Oh the good old days.
2008-W American Buffalo Proof $50 1oz.......$1,025
2008-W American Buffalo Proof $25 1/2oz......$530
2008-W American Buffalo Proof $10 1/4oz......$297
2008-W American Buffalo Proof $5 1/10oz......$158
Total..............................................................$2,010
Edited to add: And to think we thought these prices were outrageous back then.
Unless you are holding for the medium or long term, no. If you can wait 5 or 10 years to get your money back out... Not a problem!
https://www.the4thcoin.com
https://www.ebay.com/str/thefourthcoin
Nope,
Mike
My Indians
Danco Set
I was buying the 2008-W for nearly melt off eBay with that Bing promotion. Didn’t keep any (is there a kicking myself in the ass emoji ?)
and don't forget about the double prosperity set
1/2 oz buff and 1/2 oz age
Today that slogan really has meaning for this set!
One shoulder advisor saw the proof price and said "oh h*** no." The other shoulder advisor saw the entire herd of 2006-present and said "yes, the herd must go on.". Well, the herd has gained another member and is 100% complete once again but DANG those prices!!! I wonder what the 2026 20-year anniversary will be, any guesses? Will it be a four coin set: standard bullion, burnished, proof, and reverse proof? If the mint does an anniversary set I REALLY pray that they are 1/10 oz releases only.
Only $3240? Sign me up for a dozen. LOL
Actually the sale price is now $3,290.00.
Now $3290? In twenty years that will seem like a steal.
‘’Now $3290? In twenty years that will seem like a steal.’’
If one could find just a 10% annual return over the same period, I believe the cost of that coin would need to be worth about $26,000.00 to equal the cost of the money spent on it today!
Wondercoin.
Edited to add - by way of comparison only, just year to date my Apple stock is up about 24%! Of course, tomorrow it could crash down in value as could gold.
I was going to, but these 3 were only $4200. And I didn't have any new grandchildren this year , and they're the reason I got them since 2007. But I like 'em.
HE>I