2007 Gold Buffalo Proof - Momentary Lapse of Reason

JapanJohn

Just logged into Kitco and about fell over to see gold over $840. So I decided to pick up a 2007 Beefalo before they adjust the price or something. I needed to pick one up anyone to keep my buffalo "set" going. This could actually turn out to be a good deal at some point.

John

FullStrike

Those Tricky Dicks at the Mint sure know how to play games this year. Last time I checked, the Buffalos had gone off sale. Was looking to pick up one off eBay - glad I wasn't successful. Now that the mintage will move up. I don't even want one, anymore.

DUIGUY

buy when day mint them

TrustNo1

$899 is steep

JimDepot

<< <i>Just logged into Kitco and about fell over to see gold over $840. So I decided to pick up a 2007 Beefalo before they adjust the price or something. I needed to pick one up anyone to keep my buffalo "set" going. This could actually turn out to be a good deal at some point.

John >>



I did the same. I bought 2 Staurday morning.

$60 over melt and I needed 2 more coins for my 8 free submissions.

It took an hour, a honey do list and seliing some coins to convince my wife.

God only knows what I will have to do if the mint sells fractional buffs in 2008.

FLBuffaloHunter

Anybody else think the 2007-W Platinum 1oz coin is a good buy at $100 above spot? Going by the sales figures for the 2006-W reported in Coin World the 2007-W 1oz APE is still lower than last years:

2006-W unaudited sales figures reported in Coin World:

1oz = 4,275
1/2oz = 3,800
1/4oz = 3,625
1/10oz = 4,775

Latest 2007-W sales figures from Numismatic News:

1oz = 3,714
1/2oz = 3,655
1/4oz = 3,577
1/10oz = 5,722

I understand much lower sales figures for the 2006-W APE have been reported in this forum but since the final confirmed mintage is still unkown, you never know. At $100 above spot with a 30 day return policy means there is little risk. With platinum at $1,528, a 1 oz Platinum Eagle would cost you $1,662.22 from Kitco for just the regular bullion coin!

JimDepot

<< <i>Just logged into Kitco and about fell over to see gold over $840. So I decided to pick up a 2007 Beefalo before they adjust the price or something. I needed to pick one up anyone to keep my buffalo "set" going. This could actually turn out to be a good deal at some point.

John >>



Did you ever get it JJ?

JapanJohn

I got an email after I bought it showing it was "In Stock" on the 31st of December but no shipping confirmation email as of yet.

I'm beginning to think I'm going to get hosed.

John

ricko

John.. not looking good... several board members have said they have been cancelled.... too bad. Cheers, RickO