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Anyone buying the American Buffalo 2024 One Ounce Gold Proof Coin today? Only $3,240

GoldbullyGoldbully Posts: 17,253 ✭✭✭✭✭

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.

Mint Link

Comments

  • 7Jaguars7Jaguars Posts: 7,433 ✭✭✭✭✭

    @Goldbully said:
    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.

    Mint Link

    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...

    Love that Milled British (1830-1960)
    Well, just Love coins, period.
  • erscoloerscolo Posts: 574 ✭✭✭✭✭

    Too rich for me as is all gold.

  • CopperindianCopperindian Posts: 1,404 ✭✭✭✭✭
    edited June 13, 2024 6:49AM

    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

  • johnny9434johnny9434 Posts: 28,281 ✭✭✭✭✭

    i got a $5 buffalo at coin fest that year, wish it was still there as well

  • MetroDMetroD Posts: 2,178 ✭✭✭✭✭

    @rnkmyer1 said:
    Still have one of my 2006’s. Didn’t they go for around $2k when released?

    According to this Mint press release, the 2006 PF was $800 at release.

  • CopperindianCopperindian Posts: 1,404 ✭✭✭✭✭

    @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

  • goldengolden Posts: 9,561 ✭✭✭✭✭

    No.

  • MilesWaitsMilesWaits Posts: 5,338 ✭✭✭✭✭

    _ 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.

    Now riding the swell in PM's and surf.
  • GoldbullyGoldbully Posts: 17,253 ✭✭✭✭✭

    @MilesWaits said:
    _ 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.

  • MilesWaitsMilesWaits Posts: 5,338 ✭✭✭✭✭

    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.

    Now riding the swell in PM's and surf.
  • ManorcourtmanManorcourtman Posts: 8,010 ✭✭✭✭✭

    Financial suicide in my book. Hard psss.

  • BillJonesBillJones Posts: 33,948 ✭✭✭✭✭

    @Manorcourtman said:
    Financial suicide in my book. Hard psss.

    Could be. If gold has a big correction, there is long a long way to come down.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • pf70collectorpf70collector Posts: 6,633 ✭✭✭
    edited June 13, 2024 1:08PM

    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.

  • GoldbullyGoldbully Posts: 17,253 ✭✭✭✭✭
    edited June 13, 2024 1:59PM

    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.

  • spyglassdesignspyglassdesign Posts: 1,620 ✭✭✭✭✭

    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!

  • alaura22alaura22 Posts: 3,159 ✭✭✭✭✭

    Nope,

  • JimTylerJimTyler Posts: 3,353 ✭✭✭✭✭

    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 ?)

  • MsMorrisineMsMorrisine Posts: 32,991 ✭✭✭✭✭

    and don't forget about the double prosperity set

    1/2 oz buff and 1/2 oz age

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • batumibatumi Posts: 815 ✭✭✭✭

    @MsMorrisine said:
    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!

  • LJenkins11LJenkins11 Posts: 770 ✭✭✭✭✭

    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.

  • Glen2022Glen2022 Posts: 922 ✭✭✭✭

    Only $3240? Sign me up for a dozen. LOL

  • GoldbullyGoldbully Posts: 17,253 ✭✭✭✭✭

    @Glen2022 said:
    Only $3240? Sign me up for a dozen. LOL

    Actually the sale price is now $3,290.00.


  • Glen2022Glen2022 Posts: 922 ✭✭✭✭

    Now $3290? In twenty years that will seem like a steal.

  • wondercoinwondercoin Posts: 16,894 ✭✭✭✭✭
    edited July 13, 2024 3:57PM

    ‘’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.

    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,269 ✭✭✭✭✭

    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.

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