32,271 and selling $50 2009 Proof Buffs....

ericj96 · November 17, 2009 7:10AM

Hope you guys saved some of the 2006-2008 material

The gift years..................

7over8 · November 17, 2009 10:13AM

yikes........32K and counting........

but do they know how to count?

coinman420 · November 17, 2009 10:16AM

sad to say but i set most of my herd free way too early

i still have 2 left and now won`t part with them. eric, i have followed your posts and want to say thanks!!!

still got the plats

edited so my post makes sense

notwilight · November 17, 2009 10:18AM

Mintages may mean less going forward than they did in the past. There is a larger number of coins going off the market than before. I'm not sure where they're going--overseas, telemarketers, TV, etc. But the supply isn't matching the mintage.

--Jerry

ericj96 · November 17, 2009 10:48AM

"Going off the market" in the end is a form of demand and granted its always supply and demand but the killer part of the demand curve pricing comes up when the supply gets very very tight. Demand at LOW Q = HIGH price. Low mintages in good looking series has long been the best place to be and is likely to continue to be so. The low mintage good looking stuff long term rules.....

jmski52 · November 17, 2009 11:27AM

You've done a great service to anyone who would listen, EricJ. I really can't wait for the book. Be sure to let us know how to order.

ericj96 · November 17, 2009 11:39AM

Thanks Jm and Coinman

Modern Commemorative Coins, Invest Today & Profit Tomorrow

HalfStrike · November 17, 2009 12:34PM

<< yikes........32K and counting........

but do they know how to count?

>>

7/8 you're very funny, did you see the big move up on the 2008 w gold buffalo?

Maybe the plat and gold will continue higher for all of us.

Coin Finder · November 17, 2009 12:49PM

Mintage smitage, if you bought at 1360 you can still make money on resell, they are priced now at 1410 and could go up again!

Besides its gold man gold!!!!!!

7over8 · November 17, 2009 1:36PM

I mentioned on another thread, no real risk in the proof 09-w buffaloes.......

wholesale buy is 200 over spot for any proof buffalo......puts you at about 1340 right now........very very little risk as long as gold spot cooperates.

Goldbully · November 17, 2009 1:40PM

<< Hope you guys saved some of the 2006-2008 material

The gift years.................. >>

Why yes I did ericj........................

buffalonut · November 17, 2009 1:53PM

<< Hope you guys saved some of the 2006-2008 material

The gift years.................. >>

Please provide a link to your source. Thanks

edgar · November 17, 2009 10:44PM

most recent shared order page reading seems to indicate the proof 09s are about 50/50 pr70/pr69. some submitted as singles, some in herds

2manycoins2fewfunds · November 17, 2009 10:48PM

I will point out that anyone with the one ounce buffalo coins will be sooner or later drawn to the one year of fractionals.

From a standpoint of the fractionals the more 2009-2020 1 ounce buffalo they mint the better.

jmski52 · November 18, 2009 1:26AM

Nice Cover!

ericj96 · November 18, 2009 10:27AM

Thanks! They did a nice job

fivecents · November 18, 2009 10:42AM

Eric,

Congrats on the book!! I want one! Will you sell signed copies to your fellow board members?

ericj96 · November 18, 2009 4:12PM

I will be happy to sign your copy guys.

Kablemodem · November 18, 2009 4:20PM

What is the First Strike deadline for the book?

ericj96 · November 18, 2009 4:24PM

I'm kind of loose with the deadline. :-)

puritan9 · November 18, 2009 4:38PM

Eric,
Will you sell and sign them for us from this board? If so, sign me up. You really started me on my wonderful collection of valuable coins. You are A+++++ in my book.

goldman86 · November 19, 2009 12:14AM

While I agree the mintage for the 2009 $50 Gold Proof Buffalo seems high, I think we have to remember that there is no Gold Proof Eagles being produced this year. The main question is, are the people that previously bought the one ounce and fractional Proof Gold Eagles going to be buying the $50 Proof Buffalos instead? That said, the demand for physical gold is clearly on the rise (anybody want to argue that), so my personal conclusion is that people ARE going to be buying the Gold Proof Buffalos as a replacement and thus the demand for these items is going to be much stronger than many of us anticipate...

Coin Finder · November 19, 2009 2:27AM

I must say I received my 2009 proof gold Buffs today and they are breathtakingly beautiful coins made from near solid gold. Beautiful cameos and well struck. I think these 2009 issues are better in quality than the other years. I think the mint gets better with these as time goes on. The grading pops may bear this out if someone were to do a study. No need for slabbing these coins, they will sell themselves in years to come.

NitroCruiser · November 19, 2009 3:24AM

<< I must say I received my 2009 proof gold Buffs today and they are breathtakingly beautiful coins made from near solid gold. >>

I'm hoping when mine comes it's 100% solid gold!

Kablemodem · November 19, 2009 3:34AM

<< 

<< I must say I received my 2009 proof gold Buffs today and they are breathtakingly beautiful coins made from near solid gold. >>

I'm hoping when mine comes it's 100% solid gold!

>>

You have 7 days to assay it.

aficionado · November 19, 2009 5:46AM

And to think Moy didn't want to mint these. What a lazy bum.

They originally said no gold is available, then Moy found out that the law says he has to mint these, now all of a sudden we are approaching 40K coins !!!!

I guess Moy had a ton of gold just sitting around.

Moy needs to be replaced..

32,271 and selling $50 2009 Proof Buffs....

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