2008-W American Gold Buffalo's going for moon money!!!!

Goldbully

I bought the $50 one ounce proof for $1025.....got it graded at PCGS came back PR70DCAM non first strike....just checked eBay tonight!!

$$$$$$$$$$

Anyone else reaping big bucks on these proof Buffs????

Check 'em out!

**Note: at least it's not another UHR thread!!!!

MsMorrisine

I kick myself for only ordering one and the 4 coin set last year.


only got a pr70dc on the $25. (F.S.)

MilesWaits

So far I am holding my Proof and MS Sets GoldBully. So, the return remains unknown.

I am happy to see the Ebay results and congrats on your success!!

Miles

smokincoin

I'm holding a raw MS quarter.

Goldbully

<< <i>So far I am holding my Proof and MS Sets GoldBully. So, the return remains unknown.

I am happy to see the Ebay results and congrats on your success!!

Miles >>




Thanks Miles.....glad to see you are sitting on a "gold" mine....best wishes to you!!!

Oh, and MsMorrisine....my 4 coin proof set??? All PR70DCAM except for the 1/2 oz. $25!!!!!

You have my coin, pretty lady!!!!!

GB

HalfStrike

I wish I had bought even more than I did too, I don't think I could ever own enough of these coins.

2manycoins2fewfunds

It looks like on all of Ebay there is only 1 raw 4 coin gold buffalo set being offered for sale.

No 4 coin Proof sets and only 1 raw Unc. set.

IMO that is fairly amazing for something that the mint offered less than 6 months ago.

GritsMan

Wow. All the other denominations seem to be roaring along, too. Most surprising to me are the 1/2-oz unc coins since their mintages were a jump above the others. I'm not complaining, just surprised these are as strong as they are. I am also glad to see that coins in OGP are selling for more than slabbed 69s. I've never seen any point in slabbing any of these buffs, given the great presentations they came in and the high quality of the coins themselves.

Must be time for the Mint to re-offer the fractionals, just to put us in our places!

Classof67

I sold a full set of 70's DCAM a month ago for $4300. It appears they are edging upwards.

fc

i can only comment on the fact that the opinion the coin is a 70 and the
fact that FS can still pull the wool over collector's eyes is astounding me.
The money is still out there for silly purchases at inflated prices if you
market it correctly to rubes.

who knew some coin collectors were this dumb?

KentuckyJ

You can also see a large quantity of unsold buy it now's at hyper inflated prices. I suppose it all depends on your point of view.

OPA

I'm holding on to my $10 & $25 PRDCAM'S PCGS for the long term.

Coins101

I still have both of my sets (PR & UNC) raw. I haven't decided if I will get them graded or not. They sure look nice all togather in the mint box! Either way, I believe I will sit on them. No rush to sell them.

As for my graded singles, I might sell them if prices keep going up.

MilesWaits

<< <i>It looks like on all of Ebay there is only 1 raw 4 coin gold buffalo set being offered for sale.

No 4 coin Proof sets and only 1 raw Unc. set.

IMO that is fairly amazing for something that the mint offered less than 6 months ago. >>



Yes, there seems to be a current shortage as MCM's typically large selection is dwindled down to one ot two offerings on their website so one can assume

others like me are in a holding pattern.....

Miles

jmski52

I bought as many as I possibly could, and I'm content to keep my "gains" as unrealized gains, until some future date when I might need the money.

I fully expect prices to back off over the next few years and then I expect price to remain strong from that point onward. Anything can happen, but unless the Mint does something to trash their potential - they will stay popular, in my opinion.

mackdriver

I sold my 4 coin unc.set a few weeks back for $4,800.00.All where 70's except the 25 which was a 69.Non f/s.Maybe i should have kept it a bit longer.

eggbone

I'm holding on to my 3 MS $50 proofs; 3 PR $25; and a 4 MS coin set.
Do not really have any intention of parting with them anytime soon.

2manycoins2fewfunds

<< <i>It looks like on all of Ebay there is only 1 raw 4 coin gold buffalo set being offered for sale.

No 4 coin Proof sets and only 1 raw Unc. set.

IMO that is fairly amazing for something that the mint offered less than 6 months ago. >>




Today......4-27-09 there are a grand total of 2 four coin sets being offered.

2- NGC 4 coin sets.

No PCGS sets nor any raw sets.

Remarkable................

Leonidas

Try to find a 2008-W Gold Eagle Proof $10......

BlindedByEgo

Dang... Thought I'd died and gone to the PM forum

Goldbully

Holy Carp!!!!

GritsMan

Okay, that is definitely crazy. The most common of the buffs in a common grade? Yeah, the label looks nice, but is it worth an extra two thousand?

2manycoins2fewfunds

<< <i>Dang... Thought I'd died and gone to the PM forum >>



There is a point where bullion based coins move from a simple play on PM prices to items of true numismatic interest.

With the 2008-W Buffalo gold now trading consistantly at a 90-100% premium to base metal content I'd say these are now numismatic rather than PM items.

jmski52

<< Dang... Thought I'd died and gone to the PM forum >>


There is a point where bullion based coins move from a simple play on PM prices to items of true numismatic interest.

With the 2008-W Buffalo gold now trading consistantly at a 90-100% premium to base metal content I'd say these are now numismatic rather than PM items.

The temptation always seems to be to sit back and take cheap shots at someone else's collecting priorities, especially when they are doing well. It speaks volumes about the speaker, eh? 'nuf said.

53BKid

<< <i><< Dang... Thought I'd died and gone to the PM forum >>


There is a point where bullion based coins move from a simple play on PM prices to items of true numismatic interest.

With the 2008-W Buffalo gold now trading consistantly at a 90-100% premium to base metal content I'd say these are now numismatic rather than PM items.

The temptation always seems to be to sit back and take cheap shots at someone else's collecting priorities, especially when they are doing well. It speaks volumes about the speaker, eh? 'nuf said. >>



Exactly Right!

Goldbully

I wish all bullion coins were this beautiful!!!!!!

Look at these current eBay auctions..... TOP$$$$$

Loki

I just sold a $5 pcgs pr70dcam buff for $902 last weekend.
That's right... the little 1/10oz $5 proof!
3 day no reserve auction .99c start.

I know these coins are desirable but dayamm!
To top it off, another buyer that won a different coin wanted the same thing and was willing to pay the same price ($902) off eBay!
Not to be too greedy I knocked off $50 since he is a repeat buyer.

And this is in a bad economy?
Man I can't even imagine how much these would fetch in a good economy.

mrmojorisin

these things are selling like hot cakes. I have 2 MS sets that i am holding onto. i'll pick up a couple singles as i see fit to hold and flip in a few years.

2manycoins2fewfunds

Looks like raw 4 coin sets are around $4500-$4800 for UNC and $4800-$5300 for proof sets.

http://completed.shop.ebay.com/i.html?_nkw=buffalo+gold+set+-copy+-no+-only+-ngc+-pcgs+-prosperity+-$10+-8-8-08+-ms70+-70+-BOX/COA/CAPSULES+&amp;_sacat=39482&amp;_trksid=p3286.m270.l1313&amp;_dmpt=Coins_Bullion&amp;LH_Complete=1&amp;_odkw=buffalo+gold+set+-copy+-no+-only+-ngc+-pcgs+-prosperity+-$10+-8-8-08+-ms70+-70&amp;_osacat=39482

MilesWaits

Amazing stuff!

Hard to know where the top exists for these sets as there are no previous similarities in fractional gold or plat...a one year run does make it very interesting/unique and lucrative!

Miles

RichR

Then I guess someone got a real "bargain" on Sunday night:

http://cgi.ebay.com/2008-W-American-Buffalo-4-Coin-Unc-Set-MM4_W0QQitemZ200382416412QQcmdZViewItemQQptZCoins_Bullion?hash=item2ea7b9061c&_trksid=p3286.c0.m14

MilesWaits

Yup.

2manycoins2fewfunds

Maybe it is gold's price spike but I can't find a single raw 4 coin buffalo set in proof or unc being offered on ebay for less that $5,200!

Goldbully

<< <i>Maybe it is gold's price spike but I can't find a single raw 4 coin buffalo set in proof or unc being offered on ebay for less that $5,200! >>



$5179 Unc set

2manycoins2fewfunds

This is impressive with 3 days to go...................

http://cgi.ebay.com/2008-W-10-AMERICAN-GOLD-BUFFALO-PROOF-1-4-OZ-SEALED_W0QQitemZ330364993706QQcmdZViewItemQQptZCoins_Bullion?hash=item4ceb49c0aa

Fountainhead

I'm amazed that slabbed gets any premium over boxed! I didn't bother getting these graded because the boxes are so attractive - great to look at, hold, and display.

SNMAN

$4127.00


WOW !!!!!!!!!!!

originalisbest

I think they're very neat items! Too bad I wasn't able to get a set -- no danger of that now either, at the very high current prices. But, congrats to those with realized and (un)realized gains -- it's sure a good feeling.

smokincoin

$1,250 for a raw $10 unc. (not my auction)

edited to add: here's a SOLD for $10,000 graded proof set.

Goldbully

<< <i>$1,250 for a raw $10 unc. (not my auction)

edited to add: here's a SOLD for $10,000 graded proof set. >>






Gold content....1.85oz = $2050

That's a 400% return!!!

SUMORADA

no not mine, but ya gotta love this hobby.......

MilesWaits

Yeah Bully, and it only took one bid to win!!

Love the quarter ounce nickel look-alike..this $10 coin could have the greatest potential secondary to it's likeness to the original.

With the likelehood that the Proof Sets will remain largely originally intact, the rarity of the FS PR70 PCGS set could set new records in pricing...damn fun to watch, anyway!

Miles

MMR

I have one up for $8900 PCGS PR 70 with all OGP, and I keep just getting low ball offers...

jessewvu

My kid sure is lucky he was born in 2008. He has some nice coins waiting for him.

HalfStrike

I still think prices for these can double from here.

Not that I am being greedy or anything.