***The Official 2013 American Buffalo Reverse Proof(BV1) Thread***......Post your order numbers here

edgar

2013 American Buffalo One Ounce Gold Reverse Proof Coin (BV1)


There will be a four-week ordering window beginning August 8, 2013, at 12 noon (ET) and ending September 5, 2013, at 5 p.m. (ET).



Mintage Limit: None
Product Limit: None
Household Order Limit: None



So not a limited mintage, but a limited availability..... Here we go again Watch out for the big boys

Kudbegud

i'm considering this. But at about $1,640, based on the regular Proof version current price, I have to think about it. Especially with the recent gold spot price jump. I don't think the "big boys" will be ordering at the rate of the West Point ASE set because of the per unit cost and resale audience. Will this be a modern rarity that I will be kicking my self for passing up? Wish I would have gotten the UHR when it was available from the Mint. But monetary gain is only one factor. It looks like it will be a beautiful artistic piece. Cost vs beauty. A hard decision. My head hurts.

ricko

Easy decision for me....not worth the premium and doubtful it will appreciate in the next thirty years. Cheers, RickO

dbcoin

doubtful it will appreciate in the next thirty years.

Really? 30 years? Gold can't go to $1700 in the next 30 years?

ianrussell

Despite the ordering process, I think this is going to be a popular issue in the long term. Not to the same degree as the UHR, however, still very popular for a modern issue.

- Ian

ianrussell

I'm also expecting a higher premium for this coin - perhaps $100 more than the normal issue? Haven't heard anything from the Mint about this - has anyone else?

- Ian

AnkurJ

I will probably take one. I've kicked myself for not buying other special gold offerings like the UHR, so don't want to miss the boat on this one.

MilesWaits

Pocket-Rocket Coin!

Gotta have one or two or....

C0INB0Y

<< <i>Pocket-Rocket Coin!

Gotta have one or two or.... >>



I'm in too, Miles

OPA

<< <i>

<< <i>Pocket-Rocket Coin!

Gotta have one or two or.... >>



I'm in too, Miles >>



Likewise..need to keep my FS 70 PCGS rev. proofs in tact

rogerdiehl

I would not be surprised if the reverse proof ordering period is cut seriously short due to demand and available supply.

You can say "Product Limit: None" for silver coins, but gold is a different story. The mint has been having trouble even meeting some of there self imposed limits.

TwoSides2aCoin

Some of my friends are not buying at all this year. Especially my older friends. They say gold is going to drop hard. So I said, "then why not buy some more or sell me yours" She said, I am not selling ANY " I said, "okay, that makes no sense, but I'll buy it darlin'

HATTRICK

As my second grandchild is due in September I am buying almost anything with a 2013 on it. If it doesn't take off or

If I don't want to keep it for myself it will go into his or her hope chest.

kiyote

I don't have a single gold buffalo coin in my collection and would like one. This is really tempting.

CoinCrazyPA

I will be in for one. I will probably just keep it sealed and see were they go in a few years.

bretts911

hmmmm very tempting of getting one is this the first year they are doing this with this coin?

morgansforever

I'm in for one, not sure how I'm gonna swing it though.


EDIT: Will this be a one time offering, sorta like the 08 fractionals?

Cocoinut

As popular (and overpriced) as the 2001 Buffalo silver dollar is, it's hard to believe this won't be a winner. If gold goes up, its price will increase. If gold goes down, its affordability and popularity will increase; price will follow.

Gotta have at least one.

Jim

Raufus

Let the guessing begin: the final mintage will be what?

I'll guess 75K - under the UHR but substantially higher than any recent Buff proofs.

I'm in for two - will buy one 70 and will order one from The Mint as early as possible on the first day of sales to keep sealed.

CCC2010

Which would you rather buy at this point? The UHR or the upcomiing Reverse proof buffalo gold

MilesWaits

<< <i>Which would you rather buy at this point? The UHR or the upcomiing Reverse proof buffalo gold >>



The RP Buff at $1189 or the UHR at current issue price for the RP Buff.

Short of those two unrealistic choices, the new kid with the thick neck.

7over8

<< <i><< Pocket-Rocket Coin! >>



Agreed, i'm all in.

Type2

I'm in for 2 or 3 let's see where they go.

jmski52

How could you not?

Goldbully

<< <i>How could you not? >>



Can I get an amen?

nwcoast

The photos look better than I had expected and I'm a sucker for the design all around.
i'm in!!!

The 2001 Buffalo Commemorative did well.
I was lucky enough to get on board with the UHR, and I'm going for this one as well- providing that the mint pricing premium isn't too out of line with what's been happening in the PM markets.

Looks like a stunning coin!

Schmitz7

How well has the 2006 reverse proof gold American Eagle one-ounce done over the years? The American Eagle, based on sales and collector audience has a larger following and yet that coin has basically followed the rise in gold versus collector demand. As a side note, there were only 10,000 reverse proof American Eagles made for 2006 and none since!

libertydude

Love the buffalo design. Was on the fence because I wanted the burnished gold eagle. Never pulled the trigger because the Mint was slow shipping and gold price was (is) diving. Thinking it's going to continue to drop, but may grab the RP Buffalo... just because it's just too sexy to pass up ;o

Coinsponge

I wish the order window was 2 weeks on this one. That would make it more interesting.

DrBuster

Sigh, depends on the premium. I keep kicking myself for not getting the fractionals or the UHR, this one...maybe.

OPA

<< <i>How well has the 2006 reverse proof gold American Eagle one-ounce done over the years? The American Eagle, based on sales and collector audience has a larger following and yet that coin has basically followed the rise in gold versus collector demand. As a side note, there were only 10,000 reverse proof American Eagles made for 2006 and none since! >>



Not sure...I have not been following it very closely....No US Raw Mint set has sold on eBay recently. I believe, my cost for the rev. proof was around $800 & $1600 for the 2 coin set. PCGS FS 70's, however, are selling in the $3k range.

DCW

The mint sure finds a way to "celebrate" every year. I think too many products have hit the market over the last decade. Don't know if this will be a hit or if the party is over.
I may be in for one, but probably would sell it shortly after if I could make a profit.

Coinsponge

I think this one will have little numismatic value based on scarcity but I think it will have a small one based on likability. If the price of gold goes back up then it is a winner financially otherwise it will be a nice coin to look at.

CMCART

Love the buffalo design


I bought this buffalo this week and it seems I buy the new ONE

GritsMan

I would really like to get one of these, but it will depend on the Financial Deities. Am hoping gold drops before release.

Obiwancanoli

<< <i>I wish the order window was 2 weeks on this one. That would make it more interesting. >>



So would household limits...

Zrider

<< <i>

<< <i>I wish the order window was 2 weeks on this one. That would make it more interesting. >>



So would household limits... >>



Two days ..limit 1..

Raufus

The Mint is in the business of selling coins not making rarities.

Many of us complained over the policies surrounding sales of the 25th Anniv. ASE set and other coins/sets with limited mintages and household limits.

Now that The Mint has fair (IMHO) selling policies - just as we requested of them - many opine for household limits and or limited mintages.

The great issues of '08 and the UHR were available for long periods of time with no household limits yet, despite this, they became great issues.

Just food for thought.

Wishing you all a great weekend.

MilesWaits

Great Mint summation and strong buy points, Raufus!!

Goldbully

<< <i>The Mint is in the business of selling coins not making rarities.

Many of us complained over the policies surrounding sales of the 25th Anniv. ASE set and other coins/sets with limited mintages and household limits.

Now that The Mint has fair (IMHO) selling policies - just as we requested of them - many opine for household limits and or limited mintages.

The great issues of '08 and the UHR were available for long periods of time with no household limits yet, despite this, they became great issues.

Just food for thought.

Wishing you all a great weekend. >>



I agree with my man Miles!!!

Raufus

Thanks Guys! Have a great weekend :-)

stockergreen

This is the one I have been waiting for!!

Rarity

<< <i>How well has the 2006 reverse proof gold American Eagle one-ounce done over the years? The American Eagle, based on sales and collector audience has a larger following and yet that coin has basically followed the rise in gold versus collector demand. As a side note, there were only 10,000 reverse proof American Eagles made for 2006 and none since! >>



Back in 2007 when gold was at $750/oz, I could sell my Rev proof AGE raw for about $2500 or may be $3000. Today, the same coin doesn't go up in price while gold is almost double at $1280.

I think this Rev proof Buffalo will not go anywhere in term of price appreciation but it is nice to have.

petp13

Noobie here. Going to get one as a memento of this year (personal reasons).

Is it better to get it straight from the mint, or get a PCGS first strike pf70?

NOT looking to flip it, planning on keeping it for a long time, but also want to maximize any profit potential in the event i do sell it in 5, 10, 20 years.

Thanks

Patches

<< <i>Noobie here. Going to get one as a memento of this year (personal reasons).

Is it better to get it straight from the mint, or get a PCGS first strike pf70?

NOT looking to flip it, planning on keeping it for a long time, but also want to maximize any profit potential in the event i do sell it in 5, 10, 20 years.

Thanks >>



The U.S. Mint packaging is usually well done...and I'm sure these are all going to be first strike eligible if there's a 30 day window. My vote would be just leave it be as the day it arrives in your mailbox. And it you need to sell in 5, 10, 20 years...you'll have a good chance at making a First Strike 70 of your own.

petp13

i was thinking of that, but thats no fun...i would like to actually SEE the coin instead of looking at a cardboard box

xeno

I really want one of these but I'm worried about the predicted plunge for gold to go under 850 in the next year or 2.
Not a coincidence that the mint chose to release the proof in August when seasonally PM's drop hard in sep-oct.

pf70collector

I think the mint may make another reverse proof gold. If they did it with the silver reverse proofs in 2011, I think they may do it again for the gold AGE. Maybe a 30th Anniversary Set. That golden goose is too hard to ignore when it comes to making a profit for the mint.

HalfStrike

I have a magic number in mind that sales have to be for this to do nicely.

ajman

Please share.

Raufus

Yes, please :-)