<< <i>If you are interested in getting your coins shipped you may double-check your order status as I placed an oder at 12:51 and it notes "suspended"... called the Mint and they said it did not go thru yet they could take a phone order as "this is a current issue".
Miles >>
Mine says "In Stock and Reserved"....no cancel box!!!
Miles, looks like the online ordering is heating up or has the Bald eagle flaws again!!! JMHO >>
Minw too said "In stock and resereved" below with no cancel box but "suspended" above.
Mine went from suspended to now on hold with in stock and reserved with cancel boxes appearing. Maybe a way of getting the order process to move more quickly on the web site is to put some orders in suspension and manually adjust by mint employees.
I'm just not as excited about these as I was a month ago. The mint is trying to sell a awful lot of gold these days for $1,100 - $1,200 an ounce. I'm going to sit on the fence for a while.
What are you guys expecting the mintages to be for these?
<< <i>I'm just not as excited about these as I was a month ago. The mint is trying to sell a awful lot of gold these days for $1,100 - $1,200 an ounce. I'm going to sit on the fence for a while.
What are you guys expecting the mintages to be for these? >>
Hard to say at this early juncture, but the 1/4oz will be way up there IMHO.
They are mighty pricey compared to spot, mintages could be low overall...time will tell!!
The 8-8-08 Gold set will be released in a few days but at this price I will not be a buyer. Because of this set, there will be more of the 1/2 ounce unc buffalo minted.
I hope when the mint comes out with that special 2009 bronze original composition lincoln for collectors they price it at something reasonable over melt.
That would make it sell for like four cents.
Now the above Just seems plain silly, dosent it. Of course, for a collectors piece, there is a premium to be paid. We, as fairly well heeled collectors know and expect this. Yet, here we have an interesting coin put out by the Mint, a current version of the Buffalo nickel design, in solid pure gold for goodness sakes, and many of you expect to pay little more than the value of the metal contained within.
<< <i>I'm just not as excited about these as I was a month ago. The mint is trying to sell a awful lot of gold these days for $1,100 - $1,200 an ounce. I'm going to sit on the fence for a while.
What are you guys expecting the mintages to be for these? >>
Not sure I really care what the mintage is. It's bullion and I am strictly treating it as a collectible strike.
That said, with the current pricing I would imagine the 1 Ounce strike would go significantly down in mintage while the more affordable 1/10 and 1/4 ounce versions get more attention. The half ounce seems to be in limbo and could be a fairly low mintage as well.
<< <i>The 8-8-08 Gold set will be released in a few days but at this price I will not be a buyer. Because of this set, there will be more of the 1/2 ounce unc buffalo minted. >>
United States Mint Releases 8-8-08 Double Prosperity Set August 1
Second Product in United States Celebration Series Features American Buffalo and American Eagle Gold Uncirculated Coins
Washington - The second special numismatic product in the United States Mint Celebration Series will be available for purchase beginning noon Eastern Time on August 1, 2008. The 8-8-08 Double Prosperity Set, priced at $1298.95, features one 24-karat American Buffalo One-Half Ounce Gold Uncirculated Coin and one 22-karat American Eagle One-Half Ounce Gold Uncirculated Coin.
The United States Mint Celebration Series, launched in February 2008, is a new initiative to explore the feasibility of introducing various numismatic coin products that are packaged and positioned to celebrate special gift-giving occasions and celebratory events.
The number "8" is traditionally associated with prosperity in Asian cultures. The triple "8" date is highly significant as it occurs only once every 100 years.
The American Buffalo One-Half Ounce Gold Uncirculated Coin is one of the newly released fractional weight options in the expanded American Buffalo Coin Program. The coin bears the classic portrait of a Native American in profile on the obverse and the magnificent American Buffalo, or bison, on the reverse. Noted American sculptor James Earle Fraser, a student of Augustus Saint-Gaudens, originally prepared both images for the redesigned five-cent coin (nickel) released in 1913.
The American Eagle One-Half Ounce Gold Uncirculated Coin displays Augustus Saint-Gaudens' enduring full-length figure of Liberty with flowing hair, holding a torch in her right hand and an olive branch in her left. The coin's reverse, by Miley Busiek, bears the endearing image of a male eagle clutching an olive branch while soaring above a nest containing a female eagle and her hatchlings.
Both coins in the 8-8-08 Double Prosperity Set are legal tender with a nominal face value designation of $25. But their gold metal content and artistry make them worth far more. Inscriptions on the coins include the "W" mint mark for the United States Mint at West Point, the date, the fineness and the weight. The coins are packaged in an attractive hardwood box with a Certificate of Authenticity signed by United States Mint Director Ed Moy.
Customers may order the 8-8-08 Double Prosperity Set at the United States Mint's secure Web site at www.usmint.gov. Orders also may be placed at the toll-free number, 1-800-USA-MINT (872-6468). Please add $4.95 shipping and handling fee to all domestic orders. There is no set product limit for the 8-8-08 Double Prosperity Set.
Note: To ensure that all members of the public have fair and equal access to United States Mint products, any order placed prior to the official on-sale date and time (August 1, 2008, at 12:00 noon ET) shall not be deemed accepted by the United States Mint and will not be honored.
Contact: Press inquiries: Michael White (202) 354-7222 Customer Service information: (800) USA MINT (872-6468)
Its just like the 10th Anniversary Plats only without the Mintage limits.
With FS allowed only to Dealers, many will submit to NGC for Early Release so the only chance of making money are the early-to-EBay Dealers.
You will get all you want at Melt in 2-3 Months. >>
Somehow I don't think there will be too much flipping on this coin. Most of the replies here seem to be from folks buying one or two quarter or half ounce coins for their collection. While they might be slightly discounted I don't think we will see too much on e-bay after the first batch of flips.
I know I might not even get mine slabbed as I really like the display case they come in.
That said, just watch me proved wrong, it only takes a few months of watching.
It appears the quarter and tenth ounce in the Uncirculated is on backorder as I would assume the demand is greatest in those two. So, good time to order (those two at least) if you are still unsure and are looking for a time-buffer!
<< <i>Had plans on buying a few,but they are wayyyyy over priced. >>
Ditto....but you can always get them on ebay using the 25% discount up to $250....three times. I notice there are pre-sales going on now, might be a good time to use the discount if you like these coins.
buy the 4 coin unc buffalo set. best offer for the money. the 8-08-08 set is hype and extra $$ for packaging. Are we collecting coins or cardboard. Sometimes it feels like beanie babies all over again. It's is hard to mint a collectible. Buy what you want and sell what you want. keep your collection and enjoy the ride.
Ships are safe in harbor but thats not what ships were built for.
<< <i>Of course, for a collectors piece, there is a premium to be paid. We, as fairly well heeled collectors know and expect this. Yet, here we have an interesting coin put out by the Mint, a current version of the Buffalo nickel design, in solid pure gold for goodness sakes, and many of you expect to pay little more than the value of the metal contained within.
bizarre, to say the least. >>
My objection is that the premium is completely out of line with what is reasonable and necessary for the Mint to recoup their costs and make a little profit. When the prices were announced, the 1 oz was priced at $100 over PM value (now it's at $135 over). The 1/10 oz was $34 over PM value (now $38). I see no reason why the premium has to grow with the value of the coin.
They can sell Unc clad half-dollars for under $10 AND make a profit, why should any coin have premiums higher than those (allowing for packaging)?
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
They do seems high but you can't just charge for around bullion when you have cost to operate the mint, employees/benfits, shipping (token charge at present) and overhead of any goverment agency. It's not like they're pulling these out of the ground and one reason older coins could be a better value. With all the cost rising at a fast pace I'm sure they're not making as much as many think. Just a thought.
Its funny but a lot of you guys are probably totally cool with the idea of a coin dealer buying a coin with a lowball offer, then a day later pumping the price up 40% and selling it to another collector.
......."but Oh, he has expenses.......you know, gas for the Escalade, Bourse food, gold bond powder so his b**** dont itch while sitting on his lard filled can at a show"
Hannah has NOT baked a cake yet.
I once told a dirty joke to Gary Player.......he laughed.
My 1/4 oz buff should come in a day or two....Ill lay it next to my 37 PR66CAM buff nickel and take a picture.
The quality of the proof finish on the bust and buffalo vary tremendously.
The set I have the bust on the 1oz and 1/4oz have the same very soft matte(frosted) finish to them. The 1/2 oz and 1/10oz bust finish is almost brillant.
On the reverse all but the 1/10oz finish for the buffalo is similar to the soft frosted finish of the 1 and 1/4 oz bust. The finish on the 1/10's buffalo is again almost brillant.
These differences in finish are easily seen with the naked eye.
Do others see these same variations in the finish?
<< <i>recd a 4 coin unc set, we have a problem with the capsules opening again guys!!!!
the 1/2 oz'er was floating around out of its capsule.......
looks like i need to buy a 1/2 oz'er and replace this one......returning the bad one....(not really that bad, but two scuffs on the buff on back....) >>
I had this issue as well with the half oz. The lower half of the capsule becomes wedged while the upper half is not fitted tightly in. I wonder if the section holding the 1/2oz was improperly cut, too narrow at the bottom and too wide at the top.
Just the 1/2 oz that came out of the capsule. The reverse has three small scuff marks on the rim, teh obverse small mark on rim and hair. I think I'll do as you suggested order just a half ounce replacement and return this one. With three good coins why take the chance on those and perhaps have another loose coin on the replacement order.
Comments
<< <i>
<< <i>
<< <i>If you are interested in getting your coins shipped you may double-check your order status as I placed an oder at 12:51 and it notes "suspended"... called the Mint and they said it did not go thru yet they could take a phone order as "this is a current issue".
Miles >>
Mine says "In Stock and Reserved"....no cancel box!!!
Miles, looks like the online ordering is heating up or has the Bald eagle flaws again!!! JMHO >>
Minw too said "In stock and resereved" below with no cancel box but "suspended" above.
Miles >>
At this point??
Order Date: 07/22/2008 at 12:20 AM
Order Status: Your order request is on hold.
Box of 20
What are you guys expecting the mintages to be for these?
<< <i>I'm just not as excited about these as I was a month ago. The mint is trying to sell a awful lot of gold these days for $1,100 - $1,200 an ounce. I'm going to sit on the fence for a while.
What are you guys expecting the mintages to be for these? >>
Hard to say at this early juncture, but the 1/4oz will be way up there IMHO.
They are mighty pricey compared to spot, mintages could be low overall...time will tell!!
Will there be bullion versions as well, or just the collector versions?
From what I understand there will only be the "W" mint mark collector variety available and only from the mint.
I picked up a 1/10th in both proof and unc.
That would make it sell for like four cents.
Now the above Just seems plain silly, dosent it. Of course, for a collectors piece, there is a premium to be paid. We, as fairly well heeled collectors know and expect this. Yet, here we have an interesting coin put out by the Mint, a current version of the Buffalo nickel design, in solid pure gold for goodness sakes, and many of you expect to pay little more than the value of the metal contained within.
bizarre, to say the least.
<< <i>I'm just not as excited about these as I was a month ago. The mint is trying to sell a awful lot of gold these days for $1,100 - $1,200 an ounce. I'm going to sit on the fence for a while.
What are you guys expecting the mintages to be for these? >>
Not sure I really care what the mintage is. It's bullion and I am strictly treating it as a collectible strike.
That said, with the current pricing I would imagine the 1 Ounce strike would go significantly down in mintage while the more affordable 1/10 and 1/4 ounce versions get more attention. The half ounce seems to be in limbo and could be a fairly low mintage as well.
<< <i>The 8-8-08 Gold set will be released in a few days but at this price I will not be a buyer. Because of this set, there will be more of the 1/2 ounce unc buffalo minted. >>
What set is this ?
Where's the info ?
thanks,
Second Product in United States Celebration Series Features American Buffalo and American Eagle Gold Uncirculated Coins
Washington - The second special numismatic product in the United States Mint Celebration Series will be available for purchase beginning noon Eastern Time on August 1, 2008. The 8-8-08 Double Prosperity Set, priced at $1298.95, features one 24-karat American Buffalo One-Half Ounce Gold Uncirculated Coin and one 22-karat American Eagle One-Half Ounce Gold Uncirculated Coin.
The United States Mint Celebration Series, launched in February 2008, is a new initiative to explore the feasibility of introducing various numismatic coin products that are packaged and positioned to celebrate special gift-giving occasions and celebratory events.
The number "8" is traditionally associated with prosperity in Asian cultures. The triple "8" date is highly significant as it occurs only once every 100 years.
The American Buffalo One-Half Ounce Gold Uncirculated Coin is one of the newly released fractional weight options in the expanded American Buffalo Coin Program. The coin bears the classic portrait of a Native American in profile on the obverse and the magnificent American Buffalo, or bison, on the reverse. Noted American sculptor James Earle Fraser, a student of Augustus Saint-Gaudens, originally prepared both images for the redesigned five-cent coin (nickel) released in 1913.
The American Eagle One-Half Ounce Gold Uncirculated Coin displays Augustus Saint-Gaudens' enduring full-length figure of Liberty with flowing hair, holding a torch in her right hand and an olive branch in her left. The coin's reverse, by Miley Busiek, bears the endearing image of a male eagle clutching an olive branch while soaring above a nest containing a female eagle and her hatchlings.
Both coins in the 8-8-08 Double Prosperity Set are legal tender with a nominal face value designation of $25. But their gold metal content and artistry make them worth far more. Inscriptions on the coins include the "W" mint mark for the United States Mint at West Point, the date, the fineness and the weight. The coins are packaged in an attractive hardwood box with a Certificate of Authenticity signed by United States Mint Director Ed Moy.
Customers may order the 8-8-08 Double Prosperity Set at the United States Mint's secure Web site at www.usmint.gov. Orders also may be placed at the toll-free number, 1-800-USA-MINT (872-6468). Please add $4.95 shipping and handling fee to all domestic orders. There is no set product limit for the 8-8-08 Double Prosperity Set.
Note: To ensure that all members of the public have fair and equal access to United States Mint products, any order placed prior to the official on-sale date and time (August 1, 2008, at 12:00 noon ET) shall not be deemed accepted by the United States Mint and will not be honored.
Contact: Press inquiries: Michael White (202) 354-7222
Customer Service information: (800) USA MINT (872-6468)
Its just like the 10th Anniversary Plats only without the Mintage limits.
With FS allowed only to Dealers, many will submit to NGC for Early Release so the only chance of making money are the early-to-EBay Dealers.
You will get all you want at Melt in 2-3 Months.
<< <i>You guys are insane on these Coins.
Its just like the 10th Anniversary Plats only without the Mintage limits.
With FS allowed only to Dealers, many will submit to NGC for Early Release so the only chance of making money are the early-to-EBay Dealers.
You will get all you want at Melt in 2-3 Months. >>
Somehow I don't think there will be too much flipping on this coin. Most of the replies here seem to be from folks buying one or two quarter or half ounce coins for their collection. While they might be slightly discounted I don't think we will see too much on e-bay after the first batch of flips.
I know I might not even get mine slabbed as I really like the display case they come in.
That said, just watch me proved wrong, it only takes a few months of watching.
So, good time to order (those two at least) if you are still unsure and are looking for a time-buffer!
Miles
<< <i>Had plans on buying a few,but they are wayyyyy over priced. >>
Ditto....but you can always get them on ebay using the 25% discount up to $250....three times. I notice there are pre-sales going on now, might be a good time to use the discount if you like these coins.
The big BIG picture shows oil demand rising, and gold rising.
Way too much money in the world is hedged in gold and oil to allow drastic long term downtrends.
<< <i>Of course, for a collectors piece, there is a premium to be paid. We, as fairly well heeled collectors know and expect this. Yet, here we have an interesting coin put out by the Mint, a current version of the Buffalo nickel design, in solid pure gold for goodness sakes, and many of you expect to pay little more than the value of the metal contained within.
bizarre, to say the least. >>
My objection is that the premium is completely out of line with what is reasonable and necessary for the Mint to recoup their costs and make a little profit. When the prices were announced, the 1 oz was priced at $100 over PM value (now it's at $135 over). The 1/10 oz was $34 over PM value (now $38). I see no reason why the premium has to grow with the value of the coin.
They can sell Unc clad half-dollars for under $10 AND make a profit, why should any coin have premiums higher than those (allowing for packaging)?
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
Run on fractional Uncs!!!
Ok, call me stupid, but.........
regarding the 8-08-08 two coin set, why is it going on sale on 8-01-08???
......."but Oh, he has expenses.......you know, gas for the Escalade, Bourse food, gold bond powder so his b**** dont itch while sitting on his lard filled can at a show"
Hannah has NOT baked a cake yet.
I once told a dirty joke to Gary Player.......he laughed.
My 1/4 oz buff should come in a day or two....Ill lay it next to my 37 PR66CAM buff nickel and take a picture.
That will be way cool!!!!!!
<< <i>Ok, call me stupid, but.........
regarding the 8-08-08 two coin set, why is it going on sale on 8-01-08??? >>
Perhaps so the postmark can be 8-8-08?
$40 premium for 1/4oz proof makes no sense!!!!!
I'm good at box pics, as far as coins??? Mark Goodman's book to be ordered this weekend.
The quality of the proof finish on the bust and buffalo vary tremendously.
The set I have the bust on the 1oz and 1/4oz have the same very soft matte(frosted) finish to them. The 1/2 oz and 1/10oz bust finish is almost brillant.
On the reverse all but the 1/10oz finish for the buffalo is similar to the soft frosted finish of the 1 and 1/4 oz bust. The finish on the 1/10's buffalo is again almost brillant.
These differences in finish are easily seen with the naked eye.
Do others see these same variations in the finish?
<< <i>
I'm good at box pics, as far as coins??? Mark Goodman's book to be ordered this weekend.
>>
Just got mine today. Excellent read.
Get your loupes out guys and gals.....it's the only way you see this type of distraction.
very nice
the 1/2 oz'er was floating around out of its capsule.......
looks like i need to buy a 1/2 oz'er and replace this one......returning the bad one....(not really that bad, but two scuffs on the buff on back....)
<< <i>recd a 4 coin unc set, we have a problem with the capsules opening again guys!!!!
the 1/2 oz'er was floating around out of its capsule.......
looks like i need to buy a 1/2 oz'er and replace this one......returning the bad one....(not really that bad, but two scuffs on the buff on back....) >>
I had this issue as well with the half oz. The lower half of the capsule becomes wedged while the upper half is not fitted tightly in. I wonder if the section holding the 1/2oz was improperly cut, too narrow at the bottom and too wide at the top.
mine really didnt get damaged, just very small scuffs (2) not seen at every angle.....
if this is a problem with 1/2 oz'ers even in individual boxes, I might just keep this one
proof surfaces are much more delicate,,
any problems with the surfaces on yours?
<< <i>I had it in the UNC set
proof surfaces are much more delicate,,
any problems with the surfaces on yours? >>
I bought the Proof and Unc. 1/4 oz'er.....well, you saw the pics of the pit on the Indian's cheek on the Unc.
The proof, on the other hand, has a shot at PR70DCAM.
<< <i>
<< <i>I had it in the UNC set
proof surfaces are much more delicate,,
any problems with the surfaces on yours? >>
I bought the Proof and Unc. 1/4 oz'er.....well, you saw the pics of the pit on the Indian's cheek on the Unc.
The proof, on the other hand, has a shot at PR70DCAM.
Yep plain old PR70DCAM, Now that FS is pretty much off limits.
<< <i>
<< <i>
<< <i>I had it in the UNC set
proof surfaces are much more delicate,,
any problems with the surfaces on yours? >>
I bought the Proof and Unc. 1/4 oz'er.....well, you saw the pics of the pit on the Indian's cheek on the Unc.
The proof, on the other hand, has a shot at PR70DCAM.
Yep plain old PR70DCAM, Now that FS is pretty much off limits.
Yes PR70DCAM w/o FS is just plain obscene.
I was on the Gainesville Website earlier, and I saw a 2006-W Buffalo PR70DCAM First Strike at $2325.00.
The 2006-W PR70DCAM NO First Strike is $1400.00.......$900 for First Strike!!!!! That's insane!!!!
edited to add the links to prove this insanity.......
Gainesville Link
They are viewable via post on my system. These are from photobucket, prior post was snapfish.
<< <i>Looks like another good place to post these.
It's the "Official" place.......those fine photos are truely appreciated here.
BTW Rob, did you see the pit on the indian's cheek on my Unc. 1/4 oz??
Go back a page or two.
GB