All of the recent declines aren't yet reflected in the Mint's pricing. Unless there are further drastic changes in the precious metals, it might be smart to wait another week if you plan to purchase anything from the Mint.
Q: Are You Printing Money? Bernanke: Not Literally
Gold proof backordered. If the price goes higher or lower, will it affect the price at the time order was placed and be adjusted accordingly ? If there's a change, at the time the items are "in hand" and ready to ship does it affect the collector who's waiting for it ? And if so, how ?
Does it do any good to "WAIT" if one is collecting them ? Or does it hurt the chances of ever collecting them if one doesn't order one when the opportunity presents itself and that person has to pay more , later ?
Food for thought on this Thursday, the 25th of April, 2013.
Nooker, thanks for the "historical perspective" it created these questions.
Did that spike in gold affect the pricing of the Proof Buffaloes?
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
no idea why the price of Gold Proof did not change last week. All the criteria were met that should have dictated a change. Let's hope they get it right this week:
starting 5/29/13, Gold and Platinum price remain the "same" as last week (at least what Gold "should" have been)
7 days ending 5/29/13
Gold avg: $1383.69 (up $9.39); Criteria #1 (no change); AGE (proof) $1710
Platinum avg: $1456.25 (down $9.15); Criteria #1 (no change); APE (proof) $1850
"Last week, a price decrease for the United States Mint’s numismatic gold products was narrowly missed. This week, the set up is similar with the potential for a price decrease, which will depend on where the Wednesday PM Fix price falls."
Platinum avg: $1501.80 (up $24.80); Criteria #3 (no change); APE (proof) $1850 (although the weekly avg was in the next range, the Wed PM close was still in the $1850 range, so there is no change)
EDIT 6/27 : changed Platinum from Criteria 2 to Criteria 5, because the average went down 1 level, but the Wed PM close was down 2 levels (Criteria used is therefore #5, use the Weekly Avg)
starting 7/3/13, Platinum and Gold prices remain the same
***Note - both have averages that are in the next lowest range, but because the Wed PM close was still within the currentprice range, there is no change
7 days ending 7/3/13
Gold avg: $1237.10 (down $41.05); Criteria #3 (no change); AGE (proof) $1610 *** this one was very close . . . the Wed AM close ($1246) was in the next range down, but PM close was $1250 exactly, which is the absolute lowest price in the current range [missed it by THAT much!]
Platinum avg: $1348.00 (down $11.30); Criteria #3 (no change); APE (proof) $1750
starting 7/10/13, Platinum and Gold prices remain the same
***Note - both have averages that are in the next lowest range, but because the Wed PM close was still within the currentprice range, there is no change
7 days ending 7/10/13
Gold avg: $1242.40 (up $5.30); Criteria #3 (no change); AGE (proof) $1610
Platinum avg: $1348.20 (up$0.20); Criteria #3 (no change); APE (proof) $1750
I try to post as soon as the London PM gets posted, so there is sometimes a lag between when I post, and when the Mint changes their prices. This could be a good thing if you can get your order in under the wire.
Like today (8/14). They are going to put their prices up very soon . . .
got my rather large order for mint gold in first thing this morning (no, not rev. proofs). I like the way we know ahead of time which way the price will swing.
Natural forces of supply and demand are the best regulators on earth.
Comments
7 days ending 4/17/13
Gold avg: $1455.35 (down $110.50); Criteria #5 (change); AGE (proof) $1810
Platinum avg: $1474.00 (down $60.80); Criteria #7 (change); APE (proof) $1850
I knew it would happen.
<< <i>starting 4/17/13, Gold Price down $100, Platinum price down $50
7 days ending 4/17/13
Gold avg: $1455.35 (down $110.50); Criteria #5 (change); AGE (proof) $1810
Platinum avg: $1474.00 (down $60.80); Criteria #7 (change); APE (proof) $1850 >>
Looks like the mint's premiums have increased over the last year. Good to know that at least metal premiums are being determined by supply and demand.
Natural forces of supply and demand are the best regulators on earth.
7 days ending 4/24/13
Gold avg: $1415.55 (down $39.80); Criteria #2 (change); AGE (proof) $1760
Platinum avg: $1428.80 (down $45.20); Criteria #2 (change); APE (proof) $1800
If the price goes higher or lower, will it affect the price at the time order was placed and be adjusted accordingly ? If there's a change, at the time the items are "in hand" and ready to ship does it affect the collector who's waiting for it ? And if so, how ?
Does it do any good to "WAIT" if one is collecting them ? Or does it hurt the chances of ever collecting them if one doesn't order one when the opportunity presents itself and that person has to pay more , later ?
Food for thought on this Thursday, the 25th of April, 2013.
Nooker, thanks for the "historical perspective" it created these questions.
Natural forces of supply and demand are the best regulators on earth.
<< <i>It will be very tough for this year's AGE proofs to come in with a lower mintage than the 2012 proofs. >>
Perhaps, but my grandson was born in 2013, not 2012.
7 days ending 5/1/13
Gold avg: $1464.70 (up $49.15); Criteria #2 (change); AGE (proof) $1810
Platinum avg: $1485.60 (up $56.80); Criteria #2 (change); APE (proof) $1850
7 days ending 5/8/13
Gold avg: $1462.38 (down $2.32); Criteria #1 (no change); AGE (proof) $1810
Platinum avg: $1491.00 (up $5.40); Criteria #1 (no change); APE (proof) $1850
7 days ending 5/15/13
Gold avg: $1439.45 (down $22.93); Criteria #2 (change); AGE (proof) $1760
Platinum avg: $1498.00 (up $7.00); Criteria #1 (no change); APE (proof) $1850
7 days ending 5/22/13
Gold avg: $1374.30 (down $65.15); Criteria #2 (change); AGE (proof) $1710
Platinum avg: $1465.40 (down $32.60); Criteria #1 (no change); APE (proof) $1850
Not sure if I want to get ripped off another $50 on top of the huge markup.
Buffalo Nickel Short Set 1934-38 67% Complete
Let's hope they get it right this week:
starting 5/29/13, Gold and Platinum price remain the "same" as last week (at least what Gold "should" have been)
7 days ending 5/29/13
Gold avg: $1383.69 (up $9.39); Criteria #1 (no change); AGE (proof) $1710
Platinum avg: $1456.25 (down $9.15); Criteria #1 (no change); APE (proof) $1850
"Last week, a price decrease for the United States Mint’s numismatic gold products was narrowly missed. This week, the set up is similar with the potential for a price decrease, which will depend on where the Wednesday PM Fix price falls."
Link
Scroll down to: Numismatic Gold Coin Price Decrease Possible
starting 6/5/13, Gold price increased, and Platinum price remains the same
7 days ending 6/5/13
Gold avg: $1403.00 (up $19.31); Criteria #2 (change); AGE (proof) $1760
Platinum avg: $1477.00 (up $20.77); Criteria #1 (no change); APE (proof) $1850
With 3 of 5 sessions complete, the avg is $1395, which if it stays below $1400, will drop prices by $50
BST Transactions (as the seller): Collectall, GRANDAM, epcjimi1, wondercoin, jmski52, wheathoarder, jay1187, jdsueu, grote15, airplanenut, bigole
7 days ending 6/12/13
Gold avg: $1386.60 (up $16.40); Criteria #2 (change); AGE (proof) $1710
Platinum avg: $1501.80 (up $24.80); Criteria #3 (no change); APE (proof) $1850
(although the weekly avg was in the next range, the Wed PM close was still in the $1850 range, so there is no change)
7 days ending 6/19/13
Gold avg: $1379.30 (down $7.30); Criteria #1 (no change); AGE (proof) $1710
Platinum avg: $1445.80 (down $56.00); Criteria #2 (change); APE (proof) $1800
7 days ending 6/26/13
Gold avg: $1278.15 (down $101.15); Criteria #2 (change); AGE (proof) $1610
Platinum avg: $1359.30 (down $86.50); Criteria #5 (change); APE (proof) $1750
EDIT 6/27 : changed Platinum from Criteria 2 to Criteria 5, because the average went down 1 level, but the Wed PM close was down 2 levels (Criteria used is therefore #5, use the Weekly Avg)
<< <i>starting 6/26/13, Platinum price decreased $50, and Gold price decreased $100
7 days ending 6/26/13
Gold avg: $1278.15 (down $101.15); Criteria #2 (change); AGE (proof) $1610
Platinum avg: $1359.30 (down $86.50); Criteria #2 (change); APE (proof) $1750 >>
great...maybe we can catch the scheduled rev. buffalo proof at below $2k Mint price on 8/8
***Note - both have averages that are in the next lowest range, but because the Wed PM close was still within the currentprice range, there is no change
7 days ending 7/3/13
Gold avg: $1237.10 (down $41.05); Criteria #3 (no change); AGE (proof) $1610
*** this one was very close . . . the Wed AM close ($1246) was in the next range down, but PM close was $1250 exactly, which is the absolute lowest price in the current range [missed it by THAT much!]
Platinum avg: $1348.00 (down $11.30); Criteria #3 (no change); APE (proof) $1750
Natural forces of supply and demand are the best regulators on earth.
***Note - both have averages that are in the next lowest range, but because the Wed PM close was still within the currentprice range, there is no change
7 days ending 7/10/13
Gold avg: $1242.40 (up $5.30); Criteria #3 (no change); AGE (proof) $1610
Platinum avg: $1348.20 (up$0.20); Criteria #3 (no change); APE (proof) $1750
7 days ending 7/17/13
Gold avg: $1281.45 (up $39.05); Criteria #1 (no change); AGE (proof) $1610
Platinum avg: $1408.40 (up $60.02); Criteria #2 (change); APE (proof) $1800
7 days ending 7/24/13
Gold avg: $1309.25 (up $27.80); Criteria #2 (change); AGE (proof) $1660
Platinum avg: $1428.20 (up $19.80); Criteria #1 (no change); APE (proof) $1800
7 days ending 7/31/13
Gold avg: $1324.95 (up $15.70); Criteria #1 (no change); AGE (proof) $1660
Platinum avg: $1436.40 (up $8.20); Criteria #1 (no change); APE (proof) $1800
starting 8/7/13, Gold drops $50, and Platinum prices remains the same
7 days ending 8/7/13
Gold avg: $1297.60 (down $27.35); Criteria #2 (change); AGE (proof) $1610
Platinum avg: $1435.80 (down $0.60); Criteria #1 (no change); APE (proof) $1800
Edited to add they dropped the price since I posted. Now $1610
Like today (8/14). They are going to put their prices up very soon . . .
7 days ending 8/14/13
Gold avg: $1315.25 (up $17.65); Criteria #2 (change); AGE (proof) $1660
Platinum avg: $1485.80 (up $50.00); Criteria #2 (change); APE (proof) $1850
<< <i>starting 8/14/13, Gold up $50, Platinum up $50
7 days ending 8/14/13
Gold avg: $1315.25 (up $17.65); Criteria #2 (change); AGE (proof) $1660
Platinum avg: $1485.80 (up $50.00); Criteria #2 (change); APE (proof) $1850 >>
Buffalo ( proof)o...up $50......$1690
Natural forces of supply and demand are the best regulators on earth.
If I can help somebody out by saving $50 from the mint, I've had a great day
<< <i>Yup, that's one of the cool things about tracking this, and posting as soon as I can on Wed morning.
If I can help somebody out by saving $50 from the mint, I've had a great day
Have a couple of great days on me.
Natural forces of supply and demand are the best regulators on earth.
Natural forces of supply and demand are the best regulators on earth.
7 days ending 8/21/13
Gold avg: $1360.25 (up $45.00); Criteria #2 (change); AGE (proof) $1710 (Rev PF Buffalo $1740)
Platinum avg: $1513.60 (up $77.80); Criteria #2 (change); APE (proof) $1900
7 days ending 8/28/13
Gold avg: $1395.38 (up $35.13); Criteria #1 (no change); AGE (proof) $1710 (Rev PF Buffalo $1740)
Platinum avg: $1534.75 (up $21.15); Criteria #1 (no change); APE (proof) $1900
7 days ending 9/4/13
Gold avg: $1397.05 (up $1.67); Criteria #1 (no change); AGE (proof) $1710 (Rev PF Buffalo $1740)
Platinum avg: $1522.40 (down $12.35); Criteria #1 (no change); APE (proof) $1900
7 days ending 9/11/13
Gold avg: $1376.85 (down $20.20); Criteria #1 (no change); AGE (proof) $1710
Platinum avg: $1486.00 (down $36.40); Criteria #2 (change); APE (proof) $1850
7 days ending 9/18/13
Gold avg: $1316.05 (down $60.80); Criteria #2 (change); AGE (proof) $1660
Platinum avg: $1442.80 (down $43.20); Criteria #2 (change); APE (proof) $1800
7 days ending 9/25/13
Gold avg: $1335.40 (up $19.35); Criteria #1 (no change); AGE (proof) $1660
Platinum avg: $1442.60 (down $0.20); Criteria #1 (no change); APE (proof) $1800
7 days ending 10/2/13
Gold avg: $1320.30 (down $15.10); Criteria #1 (no change); AGE (proof) $1660
Platinum avg: $1410.80 (down $31.80); Criteria #1 (no change); APE (proof) $1800
7 days ending 10/9/13
Gold avg: $1313.30 (down $7.00); Criteria #1 (no change); AGE (proof) $1660
Platinum avg: $1390.40 (down $20.40); Criteria #2 (change); APE (proof) $1750
7 days ending 10/16/13
Gold avg: $1278.70 (down $37.70); Criteria #2 (change); AGE (proof) $1610
Platinum avg: $1378.60 (down $11.80); Criteria #1 (no change); APE (proof) $1750
7 days ending 10/23/13
Gold avg: $1317.25 (up $38.60); Criteria #2 (change); AGE (proof) $1660
Platinum avg: $1428.80 (up $50.20); Criteria #2 (change); APE (proof) $1800