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2014 w buffalo

what do you think of this investment potential in early releases PF 70 NGC?

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    MsMorrisineMsMorrisine Posts: 39,705 ✭✭✭✭✭
    collect gold proof buffs - yes
    invest - no

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
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    << <i>what do you think of this investment potential in early releases PF 70 NGC? >>



    He said the 'I' word........
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    << <i>collect gold proof buffs - yes
    invest - no >>


    Ms morrisone why not a good investment?
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    GoldbullyGoldbully Posts: 18,508 ✭✭✭✭✭


    << <i>collect gold proof buffs - yes
    invest - no >>



    image
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    << <i>

    << <i>collect gold proof buffs - yes
    invest - no >>



    image >>


    Why explain?
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    MsMorrisineMsMorrisine Posts: 39,705 ✭✭✭✭✭
    It'd be both a bet on gold and the number of collectors increasing in your lifetime

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
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    GoldbullyGoldbully Posts: 18,508 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>collect gold proof buffs - yes
    invest - no >>



    image >>


    Why explain? >>




    Check out the 2008-W Buffalos.....I'm still kicking myself for selling a complete 4 coin set PCGS graded PR70DCAM First Strike! image
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    TwoSides2aCoinTwoSides2aCoin Posts: 45,093 ✭✭✭✭✭
    I would never "invest" in coins without first investing time.
    "A lot of time , before a dime"

    That's just me, and I LIKE the Buffalo Gold coins.
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    << <i>what do you think of this investment potential in early releases PF 70 NGC? >>



    The mintage is already higher than the 2013 and 2008, and it should surpass the 2012 in the next month or so. The mint could keep selling it well into next year. I would pass on it.

    I would look for a good deal on a 2013. They are the series key and as a bonus there are a bunch of reverse proofs of the same year out there. As time goes on people who get a reverse proof will want to pair it with a regular proof and there aren't many of those around.
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    << <i>

    << <i>what do you think of this investment potential in early releases PF 70 NGC? >>



    The mintage is already higher than the 2013 and 2008, and it should surpass the 2012 in the next month or so. The mint could keep selling it well into next year. I would pass on it.

    I would look for a good deal on a 2013. They are the series key and as a bonus there are a bunch of reverse proofs of the same year out there. As time goes on people who get a reverse proof will want to pair it with a regular proof and there aren't many of those around. >>



    So reverse proofs are better than regular proof?
    Also is there a difference between Ngc first releases and Ngc early releases?
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    << <i>It'd be both a bet on gold and the number of collectors increasing in your lifetime >>


    Yeah but gold value is pretty low right now and there's always demand for gold correct?
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    << <i>So reverse proofs are better than regular proof?
    Also is there a difference between Ngc first releases and Ngc early releases? >>



    I wouldn't say they are better, they are just different. The 2013 reverse proof was a one time thing. There are and will be some people who collect gold coins by type. All of them will need a 2013 reverse proof for their collection to be complete.

    They would also need one regular gold buffalo proof. They could buy a very common 2006. But I'm willing to bet that some will insist on buying a 2013 regular gold buffalo proof so that the date matches their reverse proof. The mint sold 47,836 of the reverse proof compared to 18,584 of the regular proof.

    You can get a reverse proof for a much lower price than the regular proof, but that is because the lower mintage coin will have a premium. For what its worth I think the reverse proof looks really cool in hand. Pictures don't do it justice. But many people said they thought it looked gaudy.

    First Releases and Early Releases mean exactly the same thing, and frankly it doesn't mean much. It just means the coin was delivered to NGC within 30 days of being released.
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    TookybanditTookybandit Posts: 3,424 ✭✭✭✭
    Gold could easily go down more. Buy the Buff if you like it, but long term, it's a toss up and more of a gamble then an investment. If you want to invest in coins, there is no sure thing. Prices of many key date coins have been flat for years and tons of folks have "Invested" in those.

    I sound pretty pessimistic, but in reality collect the coins you love and don't bank on them all having huge increases in value over the years.

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    derrybderryb Posts: 38,586 ✭✭✭✭✭
    doggy, turn on your private messages function in your profile so that you can receive forum messages.

    Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat

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    TwoSides2aCoinTwoSides2aCoin Posts: 45,093 ✭✭✭✭✭


    << <i>

    << <i>It'd be both a bet on gold and the number of collectors increasing in your lifetime >>


    Yeah but gold value is pretty low right now and there's always demand for gold correct? >>



    Oh yeah… The last batch of gold I took to the refinery , I got an earful. Then the manager asked me to submit two Saint Gaudens to PCGS for grading.
    When I asked if he wanted to sell them, he said, "Nooooooo these have been in the family for a long time." When I asked why he didn't have any of the other "big dealers" submit them , he said, "because you're the one I trust". image (that's kind of scary)

    Back to the buffalo…. There's always a demand for meat, too. And who wants to go on a buffalo hunt ? Anyone who feels like investing in gold ought to image
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    << <i>

    << <i>So reverse proofs are better than regular proof?
    Also is there a difference between Ngc first releases and Ngc early releases? >>



    I wouldn't say they are better, they are just different. The 2013 reverse proof was a one time thing. There are and will be some people who collect gold coins by type. All of them will need a 2013 reverse proof for their collection to be complete.

    They would also need one regular gold buffalo proof. They could buy a very common 2006. But I'm willing to bet that some will insist on buying a 2013 regular gold buffalo proof so that the date matches their reverse proof. The mint sold 47,836 of the reverse proof compared to 18,584 of the regular proof.

    You can get a reverse proof for a much lower price than the regular proof, but that is because the lower mintage coin will have a premium. For what its worth I think the reverse proof looks really cool in hand. Pictures don't do it justice. But many people said they thought it looked gaudy.

    First Releases and Early Releases mean exactly the same thing, and frankly it doesn't mean much. It just means the coin was delivered to NGC within 30 days of being released. >>



    Thanks for the info. Also is there any difference between NGc blue and brown holders?
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    drfishdrfish Posts: 954 ✭✭✭✭
    The blue labels are usually Early or First Release coins (submitted to NGCS for grading within first 30 days of release from the US mint) which carry a slight premium over the regular brown labels
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    Dr fish but I've seen Ngc Brown holders with the early releases designation, why?
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    drfishdrfish Posts: 954 ✭✭✭✭
    Guess someone requested a brown ER label or perhaps a mechanical error.The brown early release labels are quite uncommon and as far as I've seen carry no premium over the blue ones. If you want a for sure answer on this I'd reccomend posting at NGC boards or calling their CSR.
    I agree that a 13W would be much more likely to show price appreciation due to its lower mintage as well as being sought as a match for the reverse proofs
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    BAJJERFANBAJJERFAN Posts: 31,645 ✭✭✭✭✭


    << <i>

    << <i>So reverse proofs are better than regular proof?
    Also is there a difference between Ngc first releases and Ngc early releases? >>



    I wouldn't say they are better, they are just different. The 2013 reverse proof was a one time thing. There are and will be some people who collect gold coins by type. All of them will need a 2013 reverse proof for their collection to be complete.

    They would also need one regular gold buffalo proof. They could buy a very common 2006. But I'm willing to bet that some will insist on buying a 2013 regular gold buffalo proof so that the date matches their reverse proof. The mint sold 47,836 of the reverse proof compared to 18,584 of the regular proof.

    You can get a reverse proof for a much lower price than the regular proof, but that is because the lower mintage coin will have a premium. For what its worth I think the reverse proof looks really cool in hand. Pictures don't do it justice. But many people said they thought it looked gaudy.

    First Releases and Early Releases mean exactly the same thing, and frankly it doesn't mean much. It just means the coin was delivered to NGC within 30 days of being released. >>



    NGC used first release just like PCGS uses first strike, but switched to ER because of litigation, possible litigation or to avoid misinterpretation of being THEE first struck coin.
    theknowitalltroll;
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    crazyhounddogcrazyhounddog Posts: 14,230 ✭✭✭✭✭
    Collect yes. Invest long term? I think would be a good bet at this point in time. Just my opinion.
    The bitterness of "Poor Quality" is remembered long after the sweetness of low price is forgotten.
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    johnny9434johnny9434 Posts: 33,155 ✭✭✭✭✭


    << <i>collect gold proof buffs - yes
    invest - no >>

    collect, i like the design image

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