Reverse-proof Gold Buffalo to appear on August 8th!

[Potemkin]

Hello,

Did you read the news today?

http://mintnewsblog.com/2013/05/reverse-proof-gold-buffalo-images/

It's official:
http://www.usmint.gov/pressroom/?action=press_release&id=1480

The frosted part will become mirrored and vice-versa...

 

[pmbug]

To be sold with an appropriate collector's (numismatic) premium, no doubt.

 

[MasterQ]

So...no production limit...but....it will be based on demand.

So no buyers..no minting?

I definitely would like to see/own one based on how cool that mirror finish buffalo would look!

You may be right there too pmb.....I hope not too much of a premium. :S

-Q

 

[Potemkin]

Gosh, I guess PMBug is right, it will have high premium...

But if gold falls lower, I will grab a Buffalo like that!

 

[pmbug]

All US Mint proof coins carry a higher premium than their 'bullion' versions.

 

[Potemkin]

Too bad... They are getting out tomorrow!

 

[ancona]

Although they certainly are nice looking, I personally will not pay a nickel more than I absolutely must for my shiny. Granted, since I'm a cheap bastard I only actively buy silver, but on the very few times I got motivated to buy gold, I made damn sure to buy whatever had the smallest premiums, beauty be damned. Maybe I'm "culturally poorer" for it, but I can live with that. ;-)

 

[MasterQ]

$400 premium!

yeah ...uh...no thanks!

-Q

 

[Potemkin]

This one has roughly 300 $ premium:
http://catalog.usmint.gov/webapp/wc...catalogId=10001&storeId=10001&productId=17144

Still expensive. But if gold falls below 1,000 $, I might buy one!