2013 Gold Proof Buffalo

Discussion in 'Gold Coins' started by badhop55, Dec 9, 2013.

  1. badhop55

    badhop55 New Member

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    Announced as Sold Out at the US Mint this morning. Now it gets interesting. The 2008 (1st year) has been the key date with a mintage of 18,863. Raw versions in OGP sell (at least for now) at around $3000+. The 2012 Proof Buffalo has a 2nd lowest mintage of 19,765. Last week's mintage figure for the 2013 was 18,264 and had only sold 136 coins the week prior so the question is did the Mint sell fewer than 599 since then? If the 2013 comes in low, what happens to the sale price of the '08s?

    It's been fairly boring the past few months. I needed this.

    http://catalog.usmint.gov/webapp/wc...storeId=10001&catalogId=10001&identifier=0500
     
  2. Altima

    Altima Well-Known Member Silver Stacker

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    Would be better off getting other bullion coins with a changing design.

    Where I'm from, if it doesn't have a changing design, nobody's going to pay a premium for it. So gold buffalos, proof or bullion gets the same treatment.
     
  3. JoeFromNorthCarolina

    JoeFromNorthCarolina New Member

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    I love my 2013-w reverse proof gold buffaloes. This is the 1st reverse proof gold by the U.S. Mint and to celebrate the 100th anniversary of the buffalo nickel. The mintage is high, But, The piece speaks for itself.
     
  4. dccpa

    dccpa Active Member

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    http://goldbuffaloguide.com/mintages/

    2008 is the lowest mintage year, but it isn't the first year.
     
  5. badhop55

    badhop55 New Member

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    Right you are. I was fixated on '08. The sales number as of 8 Dec on the US Mint website was 18,555.

    Gold Buffalo Proof Coin Mintage

    Date 1 oz.
    2006 246,267
    2007 58,998
    2008 18,863
    2009 49,306
    2010 49,263
    2011 28,693
    2012 19,765
     
  6. badhop55

    badhop55 New Member

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    The latest numbers from the US Mint as if 15 Dec show final sales of 18,596 for the 2013 proof Buffalo. That's 267 below the previous low mintage 2008 (18,863). Though the official mintage won't be known for some time (years) this will have interesting consequences for the program. Does the '08 hold it's value (seemingly based on being the low mintage for 1 oz. proof buffalos)? Yes, the '08 is part of a 4 coin set but the 1/2 oz. coin in that set has low mintage of 12,169 so nothing special about the '08 1 oz. there. The '13 can be considered part of an informal 2 coin set for 2013 that would also include the reverse proof 1 oz. buffalo (preliminary final sales number of 47,000+) the number of possible sets being limited in this case to 18,596 making the proof version key to that set.

    I'm curious to know of similar situations involving high profile coins form the past.
     
  7. CMCART

    CMCART New Member

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    I have the 2009 49,306 : :)


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