<< <i>Collecors love hoarding multiple examples of key dates. The 2008 W burnished $10 AGE is the key to ALL AGE finishes and denominations. Look how the higher mintage (11,000+ - 15,000+) $25 2006-W, 2007-W, 2008-W burnished AGE are doing on the greysheet. Compare those mintages to only 8,883 of the 2008 W $10.
What he said. All of the low mintage burnished AGEs are doing well.
I'm curious what explains the impressive rise of the '08-W unc $25 AGE when it actually has a higher mintage than its equivalent '06 and '07 counterparts, in fact significantly higher than the '07, and the '07's are harder to locate. On paper there is absolutely nothing even relatively special about this coin.
Agreed. It may be that there are more transactions taking place for the more recent issue, giving the market more chances to react upwards. It might also be that the final mintages are still somewhat suspect or at least not everyone knows what the final mintages really are. I don't know that there's been an official announcement to the press on the 2008-W mintages yet, has there?
For that matter, was there ever an official announcement on the 2007-W AGE mintages? I know that some of the blogs had numbers, but I don't recall anything official that was published. Maybe I've simply forgotten during all the excitement. >>
Those #'s are as near to being in stone as can be, all the '06-'08 burnished mintages in gold and platinum, buff and eagle, are on the mint's website.
Hi, notlogical. Welcome! Have you read all 7,000+ posts?
Well, I guess that I'll add some fuel to the fire. I do regularly track ebay sales of the Plats, burnished AGEs, the Gold Buffs and the Gold Liberty Spouses. I just got done logging all the new auctions onto my watch list and I was stunned that there are very, very few 2008-W burnished AGEs even being offered. Very few indeed. Even at these relatively high levels, my usual search only found 3 individual coin auctions and (1) 4-coin set. It's getting pretty "slim pickins" at the moment if you want an auction format for price discovery on these 2008-W AGEs.
At the risk of setting off 7over8, I see that there is a large number of 2008-W Gold Buffs for sale, quite a few more than either of the 2008-W Plats. This makes some sense to me, since the Gold Buffs having higher prices would tend to bring out more sellers, as higher prices tend to do.
My observation about the higher prices being realized by the Gold Buffs at this time is that there seems to be some speculative buying taking place. However, at the same time there seems to be a fair amount of speculative selling as well - let's not overlook this small fact. Anyone selling at these levels is speculating that the price is toppy, every bit as much as the buyer on the other side of the transaction is speculating that the price is still going considerably higher (why else would he be paying $9,000 for an OGP Proof Set?).
I don't know where the prices are going or where they will be a year from now. I like rarity, but that doesn't mean everyone sees things my way. I just try to buy the good ones (when I have the money.)
Q: Are You Printing Money? Bernanke: Not Literally
I am sitting on a couple UNC & Proof Buff 08-w sets. Sell them raw or get'm graded?
Thanx
Singapore & Hong Kong March/April Hong kong/Long Beach JUNE Table #838 MACAU emgworldwide@gmail.com Cell: 512.808.3197 EMERGING MARKET GROUP PCGS, NGC, CCE & NCS, CGC, PSA, Auth. Dealer
<< <i>Hi, notlogical. Welcome! Have you read all 7,000+ posts?
Well, I guess that I'll add some fuel to the fire. I do regularly track ebay sales of the Plats, burnished AGEs, the Gold Buffs and the Gold Liberty Spouses. I just got done logging all the new auctions onto my watch list and I was stunned that there are very, very few 2008-W burnished AGEs even being offered. Very few indeed. Even at these relatively high levels, my usual search only found 3 individual coin auctions and (1) 4-coin set. It's getting pretty "slim pickins" at the moment if you want an auction format for price discovery on these 2008-W AGEs.
At the risk of setting off 7over8, I see that there is a large number of 2008-W Gold Buffs for sale, quite a few more than either of the 2008-W Plats. This makes some sense to me, since the Gold Buffs having higher prices would tend to bring out more sellers, as higher prices tend to do.
My observation about the higher prices being realized by the Gold Buffs at this time is that there seems to be some speculative buying taking place. However, at the same time there seems to be a fair amount of speculative selling as well - let's not overlook this small fact. Anyone selling at these levels is speculating that the price is toppy, every bit as much as the buyer on the other side of the transaction is speculating that the price is still going considerably higher (why else would he be paying $9,000 for an OGP Proof Set?).
I don't know where the prices are going or where they will be a year from now. I like rarity, but that doesn't mean everyone sees things my way. I just try to buy the good ones (when I have the money.) >>
........................................................................................................................................................................................................................... Just a couple of additional comments........
Those 3 2008-W gold eagle $10 1/4 oz are all 'buy it now' with above prior market prices.
IMO markets are trying to find a level for all of the 2008-W coins.
On Ebay with so few true auctions and so many high 'Buy it Now' offerings it difficult to get a real read on market.
The 2008-W plat/buff offerings are in appox. balance with original mintages........50 various plats offered with 170 buffs offered. (both proof and unc)
Almost perfectly mirrors the 1 to 3.5-4 ratio of original total mintages.
One surprise is the PR/MS ratio of the 50 2008-W plats being offered.
The unc burnished are over represented at appox. 35 of the 50 offerings reversing the expected ratios of proof/unc based on mintages alone.
The W mint marked ms gold issues from 1999, 2006, 2007 and 2008 are in the process of being cornered by those with very strong hands. The 2008-w ms $25 is being cornered by a second party that was trying to get out ahead of the market and corner one of the gold w issues as he was too late on the other dozen. The W mint marked eagles are not likely to come down. Go look at the ms $5 gold commems and see the ghost of Christmas future.
If the 08-W gold eagles are outperforming the plats, that's really sad. The plats are getting no . It would seem a lot easier to corner the plats with their substantially lower mintages, but if nobody wants them, I guess there's no use trying.
Looks like the proof plats will be absorbed before the mint state ones will. Proof plats are being absorbed on a small scale now...... have you gone to look for 2008 proof plat halves lately.....can you say thin....
Go look at the 3b gray sheet at series that have been out for 20-25 years and look at the prices. Mint state is the place to be LONG TERM in just about every case because the mintages are lower. I think the mint state plats can be EVIL in their day but its going to be a while.
<< <i>The W mint marked eagles are not likely to come down. Go look at the ms $5 gold commems and see the ghost of Christmas future. >>
Eric, What do you think about the uncirculated 2003-W First Flight $10. It seems way underpriced to me. Just look at the mintage compared to the $5 gold commems that bid at $1,100 to $2,000 that also has half the gold of the 2003 first flight.
I think that one of the biggest obstacles to the 2008-W Plats was the high cost barrier to entry into the Plat Series, due the the Mint's proliferation of issues through 2008. If you wanted to start a Plat collection from scratch, you had to overcome the annual outlay and then try to play catch-up, at multiple thousands of $'s per year. For most, there was just "no way".
Even if you focused on a single denomination the money added up quickly. Now that the annual financial committment required to keep up with a Plat collection has eased dramatically, I think that anyone who is inclined to actually collect the Plats will be able to do it. We might finally see some more participants as people gravitate towards the precious metals. Patience will pay off, methinks.
Q: Are You Printing Money? Bernanke: Not Literally
<< One surprise is the PR/MS ratio of the 50 2008-W plats being offered. The unc burnished are over represented at appox. 35 of the 50 offerings reversing the expected ratios of proof/unc based on mintages alone. >>
My guess is that, at the moment, there is a more established collector base for proof plats than for burnished "W" plats.
If this is the case, then many (most?) of the 2008-W proofs are in the hands of collectors and not available on the market, while many (most?) of the 2008-W burnished plats are in the hands of investors or speculators, and are more available on the market.
<< <i>If I were to decide to sell a Prosperity Set and a 1/4 MS69 buff, what do you folks think would be the best way to sell - such as Ebay, one of the big dealers, a buy/sell part of a metals forum, etc.?
I've got perfect feedback on ebay with about 500 transactions, altho most as a buyer and not a seller, and I'm aware that ebay gets roughly 10% off the top.
The best indication I have of what reasonable pricing would be - an average of recent ebay prices -10% if an off ebay sale.
What would seem to be the method of sale with the least risk involved? I don't have a good local dealer to work with, or I'd take that route. I've never sold any precious metals before. >>
Do try Wondercoin, I have read nothing but good things about his dealings. Also try local jewlery stores. a lot of times you can get a good price out of them and they may not keep the best of records. My local jewlery store/coin dealer offered 1350 a month ago for a unc 1/4 oz. buffalo that would not have graded better than a MS69, cash deal. Although the chances are not great, there are criminals operating on Ebay and if you happen to run into one, it can certainly ruin your day when they claim your box came empty. Be very careful who you sell to on ebay. good luck!
APMEX has just received confirmation of first shipment of 2010 Gold American Buffalo Coins.
"We have been able to secure our first allotment of these amazing coins for our customers. You can pre-order your 2010 Gold American Buffalo coins from APMEX.com today for as low as $49.95 per coin over spot. Shipping will commence on or about May 7, 2010!"
Looks like the mint is going to have huge sales this year for the 2010 gold buffalo bullion.
<< <i>APMEX has just received confirmation of first shipment of 2010 Gold American Buffalo Coins.
"We have been able to secure our first allotment of these amazing coins for our customers. You can pre-order your 2010 Gold American Buffalo coins from APMEX.com today for as low as $49.95 per coin over spot. Shipping will commence on or about May 7, 2010!"
Looks like the mint is going to have huge sales this year for the 2010 gold buffalo bullion. >>
ARGHHHHHHHHH!!!!!!!! I just got flush for the month....................Must have 2010 Gold Buffalo, now.
I agree certain issues may take alot longer to "correct the pricing" , however, 20-25 years is far beyond what we normally see - take some of the moderns (commems) that have had the same dilemma......probably 6-8 years, at worst, to see a complete turn around.
Just look at the Library of Congress bimetal Unc, the Capital Visitor Ctr unc, the First Flight unc -all aroung 6-8 years to finally move to their proper spot based on their rarity.
The problem I have with some of the W AGE Unc $10's that have been targeted for "cornering" is that their pricing is completely dependent on those "buyers" to have money deployed in the market at "all" times.
Once those bids start to evaporate - when the money being placed runs thin - the market is very fragile and deteriorates quickly.
I like a good old fashioned "widely held" rare issue. Long term it bodes better for consistent price appreciation.
In modern times there has only been one real oppotunity to corner the market for a particular coin or series.
That was for certain 2008-W issues in fall 2008.
Especially the platinum issues and in particular the platinum burnished 2008-Ws.
All it would have taken was 1-3 million dollars and you could have had a shot at buying up to 90% of some issues.
A lot of great deals were available in late fall of 2008 as the financial world and stock market crumbled around us.
The 2008-W gold eagle $10 1/4 oz was heavily promoted on this thread at that time.
By chance one of my medical partners with no prior coin dealings or numismatic knowledge felt the need to own some gold and he asked me how he could go about buying some bullion.
I suggested rather than buying bullion he should consider buying directly from the US Mint some of the 2008-W gold $10 1/4 oz eagles.
We discussed the difference between straight bullion and coins with a numismatic premium and potential.
In the end he bought and still holds 50 of the 2008-W 1/4 $10 eagles.
I agree certain issues may take alot longer to "correct the pricing" , however, 20-25 years is far beyond what we normally see - take some of the moderns (commems) that have had the same dilemma......probably 6-8 years, at worst, to see a complete turn around.
Just look at the Library of Congress bimetal Unc, the Capital Visitor Ctr unc, the First Flight unc -all aroung 6-8 years to finally move to their proper spot based on their rarity. >>
I am not saying it will take 20-25 years for any of the moderns to move into a reasonable price based on rarity. I am pointing out that longer term the mint state issues come on strong in most cases because they are rare. I have a very hand time predicting maturity time frames and I don't know of anyone else who can either.
I would guess a raw set sold on Ebay by a 100% seller ending Sunday at 11 PM EST using a true auction/No reserve format with 7-10 day duration and good key words would bring $6500 +/- $300
Not at all coin related...but would someone explain to me how half of Europe having its soverign debt ratings lowered today would be BAD for gold in the long term?
An empty suit on CNBC just said it and a major "Tilt" lit up in my head.
In my book, the shiny stuff usually goes up in times of uncertainty and turmoil.
Hey guys. Newbie here. JuneBugOG as in Junebug from I am gonna Git you Sucka. He's the one that OG'd..OVERGOLD!
But did want to comment on the Unc raw buff set. I think these are going higher than the 6500. More like 7000-7500. Again, check the completed listings.
Also wanted to comment on the 1 oz plat proofs. There just arn't any on ebay. Im thinking about putting up mine for 3500 and being the cheapest price on ebay. What do u guys think?
4 Coin Unc. Set 1959.95 6500 231% 4 Coin Proof Set 2219.95 8200 269% >>
Thanks for posting this. Looking at it, the percentages actually seem to make sense according to the perceived demand we've all been hashing and rehashing. My only surprise is that the proof $10 is lower than the unc. I know about the relative mintages, but I would think they're close enough that the proof would still be in greater demand--as is shown by the 4-coin proof set. Maybe the Unc $25 weakens the set price...
Oh, and how on earth is it possible that the proof $25 sells for the same amount as the unc??? That unc should be way lower IMO.
<< <i><< My only surprise is that the proof $10 is lower than the unc. >>
Special situation. The $10 unc. is popular because it is a better match, looks-wise, for the circulation-strike buffalo nickel. >>
Huh! Never would have guessed...
RE: the platinum designs, I am SO tired of the government glorifying itself on this series. What made this series so interesting to begin with were the different topics conveyed. Don't we have enough coins and bills exalting our "perfect" form of government???
Who is actually buying the 2008 Buffs here? All those who say they are going higher, are you actually paying these prices? Or are you owners of the coins wanting them to go higher so you can make more money?
<< <i>Who is actually buying the 2008 Buffs here? who knows?
All those who say they are going higher, are you actually paying these prices? not me. i wish they'd come down like 7/8 claims so i can buy more.
Or are you owners of the coins wanting them to go higher so you can make more money? an owner, yes. selling, no. >>
So you're a jeweler? Seen any of these gold buffs in jewelry? >>
I've seen reproduction gold buffs in jewelry, but not any real ones. Coin jewelry has not been in style for a long time, we rarely even sell coin bezels for common coins like Eagles anymore. Used to sell tons of that stuff in the '80s and '90s.
Comments
<< <i>Collecors love hoarding multiple examples of key dates. The 2008 W burnished $10 AGE is the key to ALL AGE finishes and denominations. Look how the higher mintage (11,000+ - 15,000+) $25 2006-W, 2007-W, 2008-W burnished AGE are doing on the greysheet. Compare those mintages to only 8,883 of the 2008 W $10.
What he said. All of the low mintage burnished AGEs are doing well.
I'm curious what explains the impressive rise of the '08-W unc $25 AGE when it actually has a higher mintage than its equivalent '06 and '07 counterparts, in fact significantly higher than the '07, and the '07's are harder to locate. On paper there is absolutely nothing even relatively special about this coin.
Agreed. It may be that there are more transactions taking place for the more recent issue, giving the market more chances to react upwards. It might also be that the final mintages are still somewhat suspect or at least not everyone knows what the final mintages really are. I don't know that there's been an official announcement to the press on the 2008-W mintages yet, has there?
For that matter, was there ever an official announcement on the 2007-W AGE mintages? I know that some of the blogs had numbers, but I don't recall anything official that was published. Maybe I've simply forgotten during all the excitement.
Those #'s are as near to being in stone as can be, all the '06-'08 burnished mintages in gold and platinum, buff and eagle, are on the mint's website.
how many possible sets can be made of each year?
<< <i>how many possible sets can be made of each year? >>
The max possible AGE-W burnished four piece sets are that can exist are:
2006W - 15,164
2007W - 11,455
2008W - 8,883
"Live long and prosper"
My "How I Started" columns
Well, I guess that I'll add some fuel to the fire. I do regularly track ebay sales of the Plats, burnished AGEs, the Gold Buffs and the Gold Liberty Spouses. I just got done logging all the new auctions onto my watch list and I was stunned that there are very, very few 2008-W burnished AGEs even being offered. Very few indeed. Even at these relatively high levels, my usual search only found 3 individual coin auctions and (1) 4-coin set. It's getting pretty "slim pickins" at the moment if you want an auction format for price discovery on these 2008-W AGEs.
At the risk of setting off 7over8, I see that there is a large number of 2008-W Gold Buffs for sale, quite a few more than either of the 2008-W Plats. This makes some sense to me, since the Gold Buffs having higher prices would tend to bring out more sellers, as higher prices tend to do.
My observation about the higher prices being realized by the Gold Buffs at this time is that there seems to be some speculative buying taking place. However, at the same time there seems to be a fair amount of speculative selling as well - let's not overlook this small fact. Anyone selling at these levels is speculating that the price is toppy, every bit as much as the buyer on the other side of the transaction is speculating that the price is still going considerably higher (why else would he be paying $9,000 for an OGP Proof Set?).
I don't know where the prices are going or where they will be a year from now. I like rarity, but that doesn't mean everyone sees things my way. I just try to buy the good ones (when I have the money.)
I knew it would happen.
I have a ques.
I am sitting on a couple UNC & Proof Buff 08-w sets. Sell them raw or get'm graded?
Thanx
Hong kong/Long Beach JUNE Table #838
MACAU
emgworldwide@gmail.com
Cell: 512.808.3197
EMERGING MARKET GROUP
PCGS, NGC, CCE & NCS, CGC, PSA, Auth. Dealer
<< <i>Hi, notlogical. Welcome! Have you read all 7,000+ posts?
Well, I guess that I'll add some fuel to the fire. I do regularly track ebay sales of the Plats, burnished AGEs, the Gold Buffs and the Gold Liberty Spouses. I just got done logging all the new auctions onto my watch list and I was stunned that there are very, very few 2008-W burnished AGEs even being offered. Very few indeed. Even at these relatively high levels, my usual search only found 3 individual coin auctions and (1) 4-coin set. It's getting pretty "slim pickins" at the moment if you want an auction format for price discovery on these 2008-W AGEs.
At the risk of setting off 7over8, I see that there is a large number of 2008-W Gold Buffs for sale, quite a few more than either of the 2008-W Plats. This makes some sense to me, since the Gold Buffs having higher prices would tend to bring out more sellers, as higher prices tend to do.
My observation about the higher prices being realized by the Gold Buffs at this time is that there seems to be some speculative buying taking place. However, at the same time there seems to be a fair amount of speculative selling as well - let's not overlook this small fact. Anyone selling at these levels is speculating that the price is toppy, every bit as much as the buyer on the other side of the transaction is speculating that the price is still going considerably higher (why else would he be paying $9,000 for an OGP Proof Set?).
I don't know where the prices are going or where they will be a year from now. I like rarity, but that doesn't mean everyone sees things my way. I just try to buy the good ones (when I have the money.)
...........................................................................................................................................................................................................................
Just a couple of additional comments........
Those 3 2008-W gold eagle $10 1/4 oz are all 'buy it now' with above prior market prices.
IMO markets are trying to find a level for all of the 2008-W coins.
On Ebay with so few true auctions and so many high 'Buy it Now' offerings it difficult to get a real read on market.
The 2008-W plat/buff offerings are in appox. balance with original mintages........50 various plats offered with 170 buffs offered. (both proof and unc)
Almost perfectly mirrors the 1 to 3.5-4 ratio of original total mintages.
One surprise is the PR/MS ratio of the 50 2008-W plats being offered.
The unc burnished are over represented at appox. 35 of the 50 offerings reversing the expected ratios of proof/unc based on mintages alone.
Eric
<<I am sitting on a couple UNC & Proof Buff 08-w sets. Sell them raw or get'm graded?>>
Sell them raw to me...I'll give you $10 over what you paid...no questions asked!
Go look at the 3b gray sheet at series that have been out for 20-25 years and look at the prices. Mint state is the place to be LONG TERM in just about every case because the mintages are lower. I think the mint state plats can be EVIL in their day but its going to be a while.
Eric
<< <i>The W mint marked eagles are not likely to come down. Go look at the ms $5 gold commems and see the ghost of Christmas future. >>
Eric, What do you think about the uncirculated 2003-W First Flight $10. It seems way underpriced to me. Just look at the mintage compared to the $5 gold commems that bid at $1,100 to $2,000 that also has half the gold of the 2003
first flight.
Even if you focused on a single denomination the money added up quickly. Now that the annual financial committment required to keep up with a Plat collection has eased dramatically, I think that anyone who is inclined to actually collect the Plats will be able to do it. We might finally see some more participants as people gravitate towards the precious metals. Patience will pay off, methinks.
I knew it would happen.
My guess is that, at the moment, there is a more established collector base for proof plats than for burnished "W" plats.
If this is the case, then many (most?) of the 2008-W proofs are in the hands of collectors and not available on the market, while many (most?) of the 2008-W burnished plats are in the hands of investors or speculators, and are more available on the market.
My Adolph A. Weinman signature
<< <i>If I were to decide to sell a Prosperity Set and a 1/4 MS69 buff, what do you folks think would be the best way to sell - such as Ebay, one of the big dealers, a buy/sell part of a metals forum, etc.?
I've got perfect feedback on ebay with about 500 transactions, altho most as a buyer and not a seller, and I'm aware that ebay gets roughly 10% off the top.
The best indication I have of what reasonable pricing would be - an average of recent ebay prices -10% if an off ebay sale.
What would seem to be the method of sale with the least risk involved? I don't have a good local dealer to work with, or I'd take that route. I've never sold any precious metals before. >>
Do try Wondercoin, I have read nothing but good things about his dealings. Also try local jewlery stores. a lot of times you can get a good price out of them and they may not keep the best of records. My local jewlery store/coin dealer offered 1350 a month ago for a unc 1/4 oz. buffalo that would not have graded better than a MS69, cash deal. Although the chances are not great, there are criminals operating on Ebay and if you happen to run into one, it can certainly ruin your day when they claim your box came empty. Be very careful who you sell to on ebay. good luck!
"We have been able to secure our first allotment of these amazing coins for our customers. You can pre-order your 2010 Gold American Buffalo coins from APMEX.com today for as low as $49.95 per coin over spot. Shipping will commence on or about May 7, 2010!"
Looks like the mint is going to have huge sales this year for the 2010 gold buffalo bullion.
<< <i>APMEX has just received confirmation of first shipment of 2010 Gold American Buffalo Coins.
"We have been able to secure our first allotment of these amazing coins for our customers. You can pre-order your 2010 Gold American Buffalo coins from APMEX.com today for as low as $49.95 per coin over spot. Shipping will commence on or about May 7, 2010!"
Looks like the mint is going to have huge sales this year for the 2010 gold buffalo bullion.
ARGHHHHHHHHH!!!!!!!! I just got flush for the month....................Must have 2010 Gold Buffalo, now.
Miles
I agree certain issues may take alot longer to "correct the pricing" , however, 20-25 years is far beyond what we normally see - take some of the moderns (commems) that have had the same dilemma......probably 6-8 years, at worst, to see a complete turn around.
Just look at the Library of Congress bimetal Unc, the Capital Visitor Ctr unc, the First Flight unc -all aroung 6-8 years to finally move to their proper spot based on their rarity.
Once those bids start to evaporate - when the money being placed runs thin - the market is very fragile and deteriorates quickly.
I like a good old fashioned "widely held" rare issue. Long term it bodes better for consistent price appreciation.
edited to add not my auction and don`t know seller.
It must be really hard to make an MS70 with your fist.
That was for certain 2008-W issues in fall 2008.
Especially the platinum issues and in particular the platinum burnished 2008-Ws.
All it would have taken was 1-3 million dollars and you could have had a shot at buying up to 90% of some issues.
A lot of great deals were available in late fall of 2008 as the financial world and stock market crumbled around us.
The 2008-W gold eagle $10 1/4 oz was heavily promoted on this thread at that time.
By chance one of my medical partners with no prior coin dealings or numismatic knowledge felt the need to own some gold and he asked me how he could go about buying some bullion.
I suggested rather than buying bullion he should consider buying directly from the US Mint some of the 2008-W gold $10 1/4 oz eagles.
We discussed the difference between straight bullion and coins with a numismatic premium and potential.
In the end he bought and still holds 50 of the 2008-W 1/4 $10 eagles.
You talk about beginers luck!
Cashback from Mr. Rebates
<< <i>Eric-
I agree certain issues may take alot longer to "correct the pricing" , however, 20-25 years is far beyond what we normally see - take some of the moderns (commems) that have had the same dilemma......probably 6-8 years, at worst, to see a complete turn around.
Just look at the Library of Congress bimetal Unc, the Capital Visitor Ctr unc, the First Flight unc -all aroung 6-8 years to finally move to their proper spot based on their rarity. >>
I am not saying it will take 20-25 years for any of the moderns to move into a reasonable price based on rarity. I am pointing out that longer term the mint state issues come on strong in most cases because they are rare. I have a very hand time predicting maturity time frames and I don't know of anyone else who can either.
Eric
<< <i>Can someone tell me what the going price is for the 2008-W Buffalo 4 coin Uncirculated set? >>
.........................................................................................................................................................................
I would guess a raw set sold on Ebay by a 100% seller ending Sunday at 11 PM EST using a true auction/No reserve format with 7-10 day duration and good key words would bring $6500 +/- $300
Just using prior issues as a guide, but very relevant indications of timing.
Not at all coin related...but would someone explain to me how half of Europe having its soverign debt ratings lowered today would be BAD for gold in the long term?
An empty suit on CNBC just said it and a major "Tilt" lit up in my head.
In my book, the shiny stuff usually goes up in times of uncertainty and turmoil.
http://www.kitco.com/reports/KitcoNews20100427_pm.html
Only way a debt crisis would weaken gold would be if it forced major central bank or IMF sales of gold reserves.
2008-W Gold Buffaloes
Mint Issue Price/ Current Average/ Wholesale Values Percentage Increase
$5 Uncirculated 129.95/ 615/ 373%
$5 Proof 159.95/ 725/ 353%
$10 Uncirculated 289.95 1750 503%
$10 Proof 329.95 1650 400%
$25 Uncirculated 539.95 1500 177%
$25 Proof 619.95 1500 141%
$50 Uncirculated 1059.95 3600 239%
$50 Proof 1199.95 3750 212%
4 Coin Unc. Set 1959.95 6500 231%
4 Coin Proof Set 2219.95 8200 269%
But did want to comment on the Unc raw buff set. I think these are going higher than the 6500. More like 7000-7500. Again, check the completed listings.
Also wanted to comment on the 1 oz plat proofs. There just arn't any on ebay. Im thinking about putting up mine for 3500 and being the cheapest price on ebay. What do u guys think?
<< <i>A nice update from the PCGS Library:
2008-W Gold Buffaloes
Mint Issue Price/ Current Average/ Wholesale Values Percentage Increase
$5 Uncirculated 129.95/ 615/ 373%
$5 Proof 159.95/ 725/ 353%
$10 Uncirculated 289.95 1750 503%
$10 Proof 329.95 1650 400%
$25 Uncirculated 539.95 1500 177%
$25 Proof 619.95 1500 141%
$50 Uncirculated 1059.95 3600 239%
$50 Proof 1199.95 3750 212%
4 Coin Unc. Set 1959.95 6500 231%
4 Coin Proof Set 2219.95 8200 269% >>
Thanks for posting this. Looking at it, the percentages actually seem to make sense according to the perceived demand we've all been hashing and rehashing. My only surprise is that the proof $10 is lower than the unc. I know about the relative mintages, but I would think they're close enough that the proof would still be in greater demand--as is shown by the 4-coin proof set. Maybe the Unc $25 weakens the set price...
Oh, and how on earth is it possible that the proof $25 sells for the same amount as the unc??? That unc should be way lower IMO.
Special situation. The $10 unc. is popular because it is a better match, looks-wise, for the circulation-strike buffalo nickel.
My Adolph A. Weinman signature
Miles
2008 Platinum WAS Justice. Why do it again in 2010??
BTW, #1 is wrong because Justice can tip the scales.
<< <i>No way would I sell one of my 2008-W unc sets for $6,500, way too cheap. >>
I hope so. I just listed my set with a starting bid of $5,500. eBay Link
Cashback from Mr. Rebates
<< <i><< My only surprise is that the proof $10 is lower than the unc. >>
Special situation. The $10 unc. is popular because it is a better match, looks-wise, for the circulation-strike buffalo nickel. >>
Huh! Never would have guessed...
RE: the platinum designs, I am SO tired of the government glorifying itself on this series. What made this series so interesting to begin with were the different topics conveyed. Don't we have enough coins and bills exalting our "perfect" form of government???
EDIT: Oh, and that there's no more $10s for me to collect...
<< <i>Who is actually buying the 2008 Buffs here? who knows?
All those who say they are going higher, are you actually paying these prices? not me. i wish they'd come down like 7/8 claims so i can buy more.
Or are you owners of the coins wanting them to go higher so you can make more money? an owner, yes. selling, no. >>
So you're a jeweler? Seen any of these gold buffs in jewelry?
On a personal basis I'm not selling any of my 2008-W purchases, nor am I buying 2008-W platinum or gold.
I don't believe there are many active "flippers" for the 2008-W stuff.
By defination a flipper would have sold much sooner, likely in early 2009 as mintages became known.
IMO most of current activity for both gold and platinum 2008-W issues is individuals closing or establishing positions.
The one notable exception is recent buy/sell activity by Modern Coin and a few other large modern dealers.
They are doing what they should do.......................make a market and profit off their buy/sell spread.
IMO it is healthy to have an active market with a tight buy/sell spread.
At what price point that buy/sell market will settle is as yet undetermined and in flux.
<< <i>
<< <i>Who is actually buying the 2008 Buffs here? who knows?
All those who say they are going higher, are you actually paying these prices? not me. i wish they'd come down like 7/8 claims so i can buy more.
Or are you owners of the coins wanting them to go higher so you can make more money? an owner, yes. selling, no. >>
So you're a jeweler? Seen any of these gold buffs in jewelry? >>
I've seen reproduction gold buffs in jewelry, but not any real ones. Coin jewelry has not been in style for a long time, we rarely even sell coin bezels for common coins like Eagles anymore. Used to sell tons of that stuff in the '80s and '90s.