I saw my first Prrof Gold Buffalo today.

SanctionII

Stopped by a local shop in the bay area. The shop had about 10 UNC Gold Buffalos and had one proof Gold Buffalo in the dispay case. I had seen the UNC version before and liked it, but it did not jump out at me.

Today I looked at the proof version. A stunningly beautiful DCAM gold coin (big surprise I would like a DCAM proof). The asking price was $900.00 and the guy working the counter said they whole sale to other dealers ar $875.00. If I had some extra cash laying around, I would have been tempted to buy the proof if for no other reason than to have a DCAM gold coin.

As for the UNC, they are priced at $700.00 and are wholesaled to other dealers at $675.00.

HonoluluDude

Why would people buy it for $900 when the Mint still has 'em for $800?

Leiana

Yes, the DCAM proof buffs are pretty. I saw them hawking them on Coin Vault last night. Pretty, but expensive.

-Amanda

robertpr

Splendid, another noteworthy thread on the ultra-rare "Gold Buffalo" coin!

itsnotjustme

A dealer might pay $875 if he has ready buyers at $900. You can't sell a "order is in process".

Leiana

<< <i>Splendid, another noteworthy thread on the ultra-rare "Gold Buffalo" coin! >>





-Amanda

MrKelso

"Today I looked at the proof version. A stunningly beautiful DCAM gold coin (big surprise I would like a DCAM proof). "

They are beautiful.

HonoluluDude

<< <i>A dealer might pay $875 if he has ready buyers at $900. You can't sell a "order is in process". >>



And that's supposed to be worth a hundred bucks?

coinandcurrency242

<< <i>Yes, the DCAM proof buffs are pretty. I saw them hawking them on Coin Vault last night. Pretty, but expensive.

-Amanda >>



Same here. I was an awe at the price! Too much for poor people like me

SanctionII

Wow, robertpr said my thread is "noteworthy". I do not think it is, but if he does, I am fine with that. It is a good looking coin, though paying $900.00 for it is not my cup of tea.

renman95

nabt

itsnotjustme

Again, if a customer walks into your store and wants a proof Buffalo and is willing to pay $900 (don't ask me why they don't order on-line....) then it is worthwhile for a dealer to pay $875. The dealer may not have ordered from the mint, or may have sold out and be waiting for another order, etc.

aficionado

It might not be bad if you use a magifying glass and see an absolutly perfect coin. I've seen about 30 of these and 6 - 10 were total crap. So I figure you have a 65% chance of getting a decent coin and a very rare chance of getting a 70.

HighRelief

I thought this thread needed a couple of pictures.

Steve27

I hope the proof looks significantly better than the MS coin, because I saw the MS version and I wasn't impressed.