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What makes the 2020-W Proof Gold Buffalo in PR-70 so costly?

jmski52jmski52 Posts: 22,941 ✭✭✭✭✭
in U.S. Coin Forum

The population report doesn't indicate that the coin is more "rare" than several of its siblings whose prices are lower.

Is there an explanation that I'm not seeing?

Q: Are You Printing Money? Bernanke: Not Literally

I knew it would happen.

Comments

  • 1madman1madman Posts: 1,493 ✭✭✭✭✭

    The 2020 proof coin is the current lowest minted coin in the set. The mint stopped short of selling the full mintage and pulled them early in 2020 with a mintage of ~10,500 out of the 16,000 max, creating the rarity. The 2024 coin with a current sales number of ~8,500 could overtake the 2020 as the key, but I don’t know how many remain in their inventory.

  • ianrussellianrussell Posts: 2,493 ✭✭✭✭✭

    This coin was issued when the world was coming to an end - and many normal wholesalers/dealers ended up missing the issue.

    • Ian
    Ian Russell
    Owner/Founder GreatCollections
    GreatCollections Coin Auctions - Certified Coin Auctions Every Week - Rare Coins & Coin Values

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