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2012-W PROOF BUFFALO...MARCH 15
Bullsitter
Posts: 5,336 ✭✭✭✭✭
BAM !!!
Thanks for the notice....
Thanks for the notice....
0
Bullsitter
Posts: 5,336 ✭✭✭✭✭
Bullsitter
Posts: 5,336 ✭✭✭✭✭
Bullsitter
Posts: 5,336 ✭✭✭✭✭
Comments
What are the sales numbers for 2011...as I actually landed a bonus at work yesterday...and it's burning a hole in my pocket.
<< <i>So...then...I'm assuming they're going to stop selling the 2011 Proof Buffalos in the next few days?!? Or not...?
What are the sales numbers for 2011...as I actually landed a bonus at work yesterday...and it's burning a hole in my pocket. >>
Great. Another two grand that I have to spend...
I might buy the 2011 rather than the 2012.
Wife is going to be major pissed.
<< <i>I'm in for a few this time. I'm thinking the high price might keep initial demand down and perhaps we'll have a low mintage year.
Wife is going to be major pissed. >>
I think your right, my plan is to snag one or two 70's on the aftermarket. Usually thats when to get them right off the bat before its known that the mintage is low.
<< <i>I'm in for a few this time. I'm thinking the high price might keep initial demand down and perhaps we'll have a low mintage year.
Wife is going to be major pissed. >>
Could be a low mintage year. Still a lot of competing products, high prices, and probably a little bit of boredom in the designs. That looks like a nice mixture for a potential low mintage. Maybe the 2008 1oz will get taken out.
Also, the mint may not want to go bezerk minting a large amount, since the 2011 sales were modest.
<< <i>
<< <i>I'm in for a few this time. I'm thinking the high price might keep initial demand down and perhaps we'll have a low mintage year.
Wife is going to be major pissed. >>
I think your right, my plan is to snag one or two 70's on the aftermarket. Usually thats when to get them right off the bat before its known that the mintage is low. >>
My plan exactly. It's worked like a charm! Minimal cost over issue, let someone else grade them. Happy to pay a few $ to avoid the hassle, dealing with 69s, etc.
Not a peep from the Mint on any of the delays and holes in the schedule.
They are beginning to estimate dates for some items. I heard that the Kennedy coins could be released in MAY. (MAY! but no reason for the delay.)
Mint:
The American Buffalo One Ounce Gold Proof Coin is the first 24-karat gold proof coin ever struck by the United States Mint and is the collector version of the official United States Mint American Buffalo Gold Bullion Coin. Containing one ounce of .9999 fine 24-karat gold, these lustrous coins are among the world’s purest gold coins. The coin is presented in an elegant hardwood box with a matte finish and a faux leather inset. It is accompanied by a certificate of authenticity.
Mint Link
<< <i>pricing is in the 1650 to 1699.99 range >>
Please explain!
<< <i>
<< <i>pricing is in the 1650 to 1699.99 range >>
Please explain! >>
2012 American Buffalo One Ounce Gold Proof Coin (PJ9)
Price: $1,960.00
From the pricing grid:
Average Price of Gold.....................................American Buffalo Gold Proof
$1,650.00 to $1,699.99 .........1 oz................$1,960.00
I'm hoping for a gold decline this week. I'm going to wait. If it doesn't happen, I'll buy tuesday.
<< <i>
<< <i>
<< <i>pricing is in the 1650 to 1699.99 range >>
Please explain! >>
2012 American Buffalo One Ounce Gold Proof Coin (PJ9)
Price: $1,960.00
From the pricing grid:
Average Price of Gold.....................................American Buffalo Gold Proof
$1,650.00 to $1,699.99 .........1 oz................$1,960.00
I'm hoping for a gold decline this week. I'm going to wait. If it doesn't happen, I'll buy tuesday. >>
Currently, well above spot + proof/packaging coolness factor!
2012 W PCGS PR70 FS
<< <i>If anybody interested Goldmart takes orders for PCGS PR70 FS at $2199
2012 W PCGS PR70 FS >>
seems like a good price.
mint release to the public is $1960 ea.
I examined several today and quickly found 6, rejecting only 3. I know PCGS doesn't want to bless me with 6 70's but I know I just submitted 6 70's. this year's batch are beautiful and the only issues were 2 with weak areas along the rims and one with a small shiny spot on the buffalo.
I predict a plentiful supply of 70's in 2012.
<< <i>
<< <i>If anybody interested Goldmart takes orders for PCGS PR70 FS at $2199
2012 W PCGS PR70 FS >>
seems like a good price.
mint release to the public is $1960 ea.
I examined several today and quickly found 6, rejecting only 3. I know PCGS doesn't want to bless me with 6 70's but I know I just submitted 6 70's. this year's batch are beautiful and the only issues were 2 with weak areas along the rims and one with a small shiny spot on the buffalo.
I predict a plentiful supply of 70's in 2012. >>
Thats good to hear!
<< <i>
<< <i>If anybody interested Goldmart takes orders for PCGS PR70 FS at $2199
2012 W PCGS PR70 FS >>
seems like a good price.
mint release to the public is $1960 ea.
I examined several today and quickly found 6, rejecting only 3. I know PCGS doesn't want to bless me with 6 70's but I know I just submitted 6 70's. this year's batch are beautiful and the only issues were 2 with weak areas along the rims and one with a small shiny spot on the buffalo.
I predict a plentiful supply of 70's in 2012. >>
I see that you note that "this year's batch are beautiful." This points to one of the things that I love about this series: how different that they can look from year to year.
<< <i>If anybody interested Goldmart takes orders for PCGS PR70 FS at $2199
2012 W PCGS PR70 FS >>
If they are offering a good price .. then there must be alot upcoming in the pipeline
<< <i>I examined several today and quickly found 6, rejecting only 3. I know PCGS doesn't want to bless me with 6 70's but I know I just submitted 6 70's. this year's batch are beautiful and the only issues were 2 with weak areas along the rims and one with a small shiny spot on the buffalo.
I predict a plentiful supply of 70's in 2012. >>
I still predict it.
However, 100% 69s on my submission and I am very angry.
I can choose from a large number of inventory coins at the mint and I take the loupe with me. I get the best of the best.
Last year I had some stellar 1/10 and 1/2 eagles. I pulled many 70's. I knew they were winners.
These Buffalos were better than those by a quantum leap. Fully struck, great rims, centered, everything except the lint and dust (not a speck).
I know I've said I can't tell a 69 from a 70 before, but when stellar coins come along it is an incredibly easy call.
incredibly easy.
100% failure? I'm not the one who failed here. I'm very angry right now. I feel like a victim of the "not too many 70's" police.
<< <i>
<< <i>I examined several today and quickly found 6, rejecting only 3. I know PCGS doesn't want to bless me with 6 70's but I know I just submitted 6 70's. this year's batch are beautiful and the only issues were 2 with weak areas along the rims and one with a small shiny spot on the buffalo.
I predict a plentiful supply of 70's in 2012. >>
I still predict it.
However, 100% 69s on my submission and I am very angry.
I can choose from a large number of inventory coins at the mint and I take the loupe with me. I get the best of the best.
Last year I had some stellar 1/10 and 1/2 eagles. I pulled many 70's. I knew they were winners.
These Buffalos were better than those by a quantum leap. Fully struck, great rims, centered, everything except the lint and dust (not a speck).
I know I've said I can't tell a 69 from a 70 before, but when stellar coins come along it is an incredibly easy call.
incredibly easy.
100% failure? I'm not the one who failed here. I'm very angry right now. I feel like a victim of the "not too many 70's" police. >>
Wow, I wasen't expecting to hear this. Soory to hear that.
Pay a premium but move on without the hassle.
I believe you when you say they were 70s.
Makes you realize it could be an unfair roll of the dice sometimes between a 69 and a 70.
Maybe for an extra little fee or something the TPGs could include a critique to better educate us submitters.
That is exactly what I did. And, I have certainly submitted my share of bulk lots of Buffalo gold, etc. to PCGS over the years. I bought some 70's from a board member for stock. Now, the PCGS "pop" is "through the roof" in 70 at 590 coins already (the "70 police" must have been on vacation this month)!! I couldn't be happier that I avoided spending a ton of money on this issue ... look how cheaply one can buy a PR70DC FS coin right now ... just a couple hundred dollars above the cost of the coin from the mint plus the grading fee (and I still am not terribly interested in buying many now for myself with a PCGS 70 pop that high). And, no need to mess with the 1/2-2/3 of the coins that fail to grade 70 which still have a cost basis of over $1,900/coin and generally fail to sell for that net of fees.
As always, just my 2 cents.
Wondercoin
Submitted 3 - one came back 70, two 69
Current PR70 pop - 590
Net result - 2 oz bullion and one very common PR70
Barely break even, will have to sell at loss to offset some winners
MsMorrisine, I too have submitted what I thought would make 70s. Sometimes I hit sometimes I don't. It is a gamble and lately have been losing on the 70 Lottery so gave up for now.
Box of 20
Box of 20
Now, what I'd like to see is the "2012 proof buffalo" picture showcase.
sure sure. I know they will all "look alike" but I think seeing how this year's 70s are quite 70 worthy would be enlightening. especially for the non-70 believers.
I knew it would happen.
Compare that to 300 for 2011 in First Strike even 1 year later.
Wondercoin
P.S. I can use a few 2011 also if anyone would like send me a PM on them.
Box of 20