Friday, August 04, 2006

Buffalos Are Shiny

Do you have a gold coin and want to know its value? Leave a comment/question and I will do my best to find out the price and history for you.

Check it out Eric Ewanco got his Gold Buffalo and has shared some pictures.
Here is the reverse of the coin in it's velvet lined box.
I believe for those who can afford it they are still available from the mint.
Plus a direct quote from the mint.
"American Buffalo Gold Proof One Ounce Single Coin Product Limit: 300,000"

The price is still $800.00 plus shipping and handling. This is one of the highest quality gold coins the U.S. Mint ever made.

Early reports of quality has been good. I haven't heard of any valuable errors but some people don't like the background field looking so dimpling.

Some people have reported that boxes are showing up empty. Not usually from the mint but the Uncirculated Version from secondary companies and eBay have been ripped open during shipping. This is probably because the package is clearly known to be gold by the delivery service. I don't like blaming any company but listening to the complaints it does seem to come from one famous company.

The USPS(United States Postal Serivce) is the best way to ship them at least they can insure the coin even though that can be a hassle.

5% of these coins are grading MS-70 or PRDC-70(Proof-Deep-Cameo)
94% of these coins are grading MS-69 or PRDC-69(Proof-Deep-Cameo)
only 1% are grading lower then 68

Graded coins are selling for $1250.00 on average despite the fact that they are common. Once the mint post the final amounts sold the price will drop fast.

Do you have a commerative coin and want to know its value? Leave a comment/question and I will do my best to find out the price and history for you.

7 dollars worth, for Comments/Questions click here.:

Anonymous said...

I have a few older foreign coins I would like to know about, 1872 british one schilling, 1905 canadian five cents, two large Canadian pennies dated 1913 & 1964, and several other Canadian pennies ranging in dates from 1928 through 1957. Any info you can share with me is appreciated. Thanks!

Man said...

1872 british one schilling
Is Silver $22.00 in very-fine

1905 canadian five cents
Is Bronze $7.50 in very-fine
Mintages: 2,000,000

Canadian pennies
1913 Is bronze $2.25 in very-fine Mintages: 5,735,405

1964 Is bronze $0.10 in very-fine mintages: 484,655,322

1928-1957 average $0.30 in fine.

1930,1936 with dot below date, 1955 without shoulder straps are the key dates.

Anonymous said...

Some are commenting that since the mintage is in 22karat, there will be a larger than expected supply of MS-70 (since the gold is more malleable), and the value for both mint and proof versions of the coin will fall due to excess supply. Your thoughts ?

Man said...

The latest update has
5.63% of all Gold Buffalos are grading MS-70 which is pretty high.

But I think that more people want one then the supply has available. I don't expect the MS-70 price to drop but the MS-69 price will drop by the years end.

I hope the price drops by Christmas but that is not likely.

kriszick said...

I have two gold coins that I am inquiring about. The first is from 1966 and on one side it has a rider on a horse trampling its enemy. The other has the Queen (young) and says Regina FD + Elizabeth II Dei Gratia. It is a little bit smaller than a USA quarter.

The other is smaller by a hair than the first and I found it online. It is a Russian Chervonetz 10 Roubles from 1976 and it has characters imprinted on the rim.

You are a very generous person and I sincerely appreciate you sharing your time and knowledge. Thank you.

Man said...

1966 and on one side it has a rider on a horse trampling its enemy. The other has the Queen (young) and says Regina FD + Elizabeth II Dei Gratia. It is a little bit smaller than a USA quarter.

This is a Sovereign from Great Britian it's about $180.00 just on the metal value. Only in high grades does it have numismatic value.

Man said...

Oops almost forgot.

Russian Chervonetz 10 Roubles from 1976 and it has characters imprinted on the rim.

About $200.00