US Mint Numismatic Gold Coin Prices Rising Today
Yesterday evening, I checked the London Fix prices for gold and calculated that unless gold was $1,114.75 or higher, prices would remain unchanged for the US Mint's numismatic gold products. This seemed unlikely since gold was around $1,105 at the time. However, this morning the London AM Fix came in at $1114.75. Accordingly, the prices of US Mint gold products will rise today.
Under the pricing policy adopted by the US Mint earlier this year, the prices for gold and platinum numismatic products may be adjusted as frequently as once per week based on the changing price of gold. The average is calculated for the London Fix prices from the prior Thursday AM to Wednesday AM of the current week. Price changes for gold products occur when the average reaches $50 increments. Current prices are set for the $1050.00 to $1,099.99 increment.
The London AM Fix prices for the current period are shown in the table below. The average comes to exactly $1,100.
| Nov 5 | Thurs AM | 1,088.00 |
| Nov 5 | Thurs PM | 1,089.00 |
| Nov 6 | Fri AM | 1,095.00 |
| Nov 6 | Fri PM | 1,096.75 |
| Nov 9 | Mon AM | 1,108.50 |
| Nov 9 | Mon PM | 1,106.75 |
| Nov 10 | Tues AM | 1,099.75 |
| Nov 10 | Tues PM | 1,101.50 |
| Nov 11 | Wed AM | 1,114.75 |
The price for the Ultra High Relief Double Eagle Gold Coin will rise from $1,439 to $1,489 per coin. The price for the 2009 Proof Gold Buffalo Coin will rise from $1,360 to $1,410. The prices for First Spouse Gold Coins will rise from $691 and $704 for uncirculated and proof versions to $716.00 and $729.00. The new prices will represent the highest on record for each product.
Price adjustments have usually become effective around 10AM-11AM on Wednesday.
On an interesting related note, the US Mint's published pricing grid has almost run out of price tiers for gold. When the grid was created price tiers were provided for the average price of gold from $500.00 per ounce to $1,199.99 per ounce.
Update: Prices remained unchanged as of this evening. As a few people posted in the comments, perhaps the prices were not updated because today is Veteran's Day. I will post any additional information that becomes available.
Update 2: The US Mint adjusted prices higher around 12:00 Noon ET on Thursday.
Labels: US Mint
posted by Mint News Blog @ 4:16 AM
67 Comments:
ROFLMAO just in time to make sure the mintage of 2008s remain the lowest mintage.What is this US Mint thinking.perhaps it is a move to make sure no one wants to buy one now until gold spot actually gets to that level.LOL.the only good thing about this is that no one in there right mind would be foolish enough to pay that much for an ounce of gold.But then again ebay proves over and over again that there are plenty of fools with their money out there.I thought the price was to high before.there is no way I will buy one of these coins now or ever.These prices only tell me one thing.Our government knows where the gold price will be in 6 months to a year from now.LOL
You give our government way too much credit! Like they know where gold prices will be...LOL,LOL,LOL,LOL...
Now is the time to dump your extra 2007 first spouse gold coins minted the first year of the series.Just for the melt value you would make a profit.As of todays date their can only be complete sets of uncirculated 4,223 and proof 7,454 this is the lowest mintage of the series 2008 Louisa Adams. And who knows how many are just collecting the liberty coins only ? Will these complete sets turn out to be a sleeper only time will tell.
Holy cow, the average came in at EXACTLY $1,100! What were the chances? Those bums!
I wish the AM London Fix had come in at $1,114.50, so the average would have been at $1,099.97. It would have been a test of honesty for the Mint to see if they would have left the prices alone or cheated a little and raised them anyway!
Yeah, they've just about run out of published tiers. They'll probably just add a side note that reads "for every $50 increment above or below levels on this chart, add or subtract $50 from the published prices for 1 oz coins and $25 for 1/2 ounce coins."
I went ahead and ordered a buffalo last night with some apprehension. I looked at the London fix history and saw a $30 jump in one day a couple of weeks ago and figured a big jump was likely to happen again. If not there appeared to be time to cancel the order. I think the price is too high but I have rarely bought any coins from the mint I thought were priced just right or too low.
I really like the buffalo coin which is uniquely American. I wish they also made them in silver fractionals. That would let more collectors in on this remarkable coin instead of some of the other junk the mint sells like those slot machine presidential dollars. However, COLLECT WHAT YOU LIKE. It just can't be much fun having a collection of bargain priced coins few of which you care for.
Thanks Michael, I just ordered a couple more.
Our government knows so much, we have over $85 Trillion in unfunded liabilities and debt and over 500 trillion in derivatives and our financial system collapsed with under one trillion in bad mortgages?
thanks for the tip Michael. Nuts, I forgot to order those Lincoln metals again !!
For those who thinks the price of gold is too high. Government is printing money - paper - there is unlimited supply of that, look at China, look at Russia, they signing gas and oil deals in Chinese and Russian currencies. Price will be going up and up and up...
We are headed for a DEFAULT (Read: Argentina and Zimbabwe). A currency reset is coming within the next few years, so if you want to do anything *fun*, ie vacation, do it now! At the same time, get all the GOLD you can! '09 Buff's are good, but at that price, have one as a relic at the very least. For the best bang for your ever-worthless USD, grab what you can for as low a premium as you can. PAMP bars and Maples do the trick here.
As a side note, I have read many posts slamming PCGS First Strikes and NGC Early Releases on this website. I would like to make a couple of points:
1) I am not partial to a particular grading service (when I use one), but I believe "First Strike" is more misleading than "Early Release". First Strike implies it was one of the first to be produced; however, Early Release implies it was one of the first to be sold and is a more accurate description.
2) I agree that a quality coin is a quality coin (regardless of any indications by a third party grading service), but these indications can serve some purpose (at least to me). In order to get a First Strike or Early Release designation, the coins have to be sent in relatively fast to the grading service. As one who is forced to buy on-line from time to time, I like to know that the coins I am buying have not been tampered with by the sellers. By the time a coin has been sent in, certified First Strike PR69/MS69, and returned, the seller doesn't have to crack the slab and try getting it regraded as a NGC PF70/MS70 Early Release. Hence, there is a much lower probability that Early Releases were tampered with. The same cannot be said of other NGC PF70/MS70 coins.
Maybe I'm paranoid, but if I'm going to spend my hard earned cash on a coin, I want an untampered coin.
JMO...
Re Anonymous 5:48 Am,
Think before you speak. The London Fix is the negotiated price of gold based on large institutional (bank) transactions - not crazy retail speculators. So, Gold may be too expensive, or too cheap, or just right, but sophisticated people "in their right mind" just bought gold at that price.
The great thing aboy gold coins is that they are beautiful, historic and fun to look at, handle, discuss, pass down to heirs, etc.
BTW, i purchased a Buff proof > a week ago, and its still "in stock and reserved". Hello?? anyone home at the Mint.
what are the experiences of others?
My order for a proof gold buffalo was placed 12 minutres after they went on sale on October 29, and it still has not been shipped.
I received my first $50 Gold Buffalo Proof on Nov 5th.
I ordered my Proof Buffalo 14 minutes after it went on sale (started the process some 10 minutes after it went on sale and it posted at 12:14).
Mine has shown "in stock and reserved" for a week. As of today it still has not shipped.
When I ordered it, the mint website showed an 11/12/09 available for shipping date" so I'm not too surprised. Hoping I get it this week (especially considering that some folks that ordered after me received their buffalo last week).
I ordered two: one about 5 minutes after they went on sale and one about a week later (when I had the funds). I received the first one last week (nice) and the second one shows In Stock and Reserved.
I am with previous posters that are recommending the 2008 W Buffaloes if you can afford them now. There will be plenty of 2009 W Buffs to be had, but the 2008 W Buffs are the key coin in the series.
I remember buying two proof 2008 W Buffalo $25 coins that were unopened in a box from the Mint for $1500 earlier this year. I second guessed myself for a few months, but it turns out to be a good purchase appreciation-wise.
All that said, I really like any Buff coin (bullion, proof, unc, 06-09, gold, silver, nickels, quarters, etc.). They are a good example of why I enjoy coin collecting in the first place.
Looks like they stayed the same. $1360 for the Buffalo.
Yep, no change yet, buffalo still 1360 as of 1:29 EST.
Those of you who say that US Mint prices for gold is too high are correct. Why pay the prices for a 1 ounce Buffalo or 1/2 ounce First Spouse gold coin when you can get equivalent/similar coins at lower prices on eBay?
This goes to show you that collector demand for gold is lower than what the market is saying the value of gold is. And that's dangerous. When the US economy improves (and it will -- Americans have always pulled through hard economic times in the past), gold prices will fall. Those who bought high will find that they will likely have to sell at lower prices.
Not a good situation to be in if you're a gold speculator or expect to make profits from the sale of gold coins...
The bubble will eventually burst.
Here is a tale to share with your friends.
In a land called "Somewhere in Time," city dwellers decided to invest their savings in an income-producing investment.
Speculators encouraged the dwellers to put their savings into hot items in the market. You'll get rich quick they said. Prices will keep going up -- don't be late and see your money double!
So they did what the speculators told them to do. And to their delight, they saw their investments increase in value by 20% or more during the year.
And they poured more and more of their savings into the investments. And prices kept going higher and higher and higher! And the residents were so happy. They dreamt of retiring in luxury, owning limousines, planned exotic vacations, etc.
Then the following, demand for their purchases dropped. And investors saw that prices were falling. Just like many who rushed to buy, many rushed to sell. More and more investors sold and the values of their investments dropped.
The bubble that grew during the growth years had now burst. And many found that it was too late to sell to retain their profits. Many in fact, took losses. And many were stuck with their purchases....
This is a sad but true story that many felt, even in distant lands. Citizens in one of these lands, called "America," saw profits of their possessions drop...
And that's the short story of the housing market during the past few years....
Wow: Think the mint is using their heads,Knowing sales will drop if they raise the price further on the BUFFALOS & UHR.And then get (maybe) buried with orders the next week when it drops.Remember the mint writes the rules on the sale of their product But they don't have to go by their rules.If they dont raise prices today then it looks like they want to unload the BUFF & UHR.
What Billy said above is correct for speculators and coin dealers. I think most coin dealers are up to date on market prices or they wouldn't last long in business. I have noticed the nervousness in speculator comments trying to figure out short term outcomes. Collectors want to obtain coins at reasonable prices but are not as concerned if they get what they really want.
Wow...I really appreciate all of you who care so much about whether I buy gold or not. You seem to care about how I spend my money even more than the wife does (and that's saying something). It's almost as if you have an interest in it somehow...
I don't know what gold prices will do in the future, but I do know a few facts:
1) Gold is not houses
2) I am a collector; not speculator
3) The government is spending money like drunken sailors. There is no historical precedence for where we are at today.
4) Other countries are jumping hand over fist into gold, so what do they know that you don't?
JMHO...LOL, ROFLMAO, LOL, ROFLMAO...whatever...
It's weird that the Mint hasn't raised the prices yet. Somebody must be asleep at the switch. Either that, or they intend to change the price on Thursday as the published policy states. I guess we'll find out within 24 hours.
Guys, gals...we cannot base what's going to happen in the future based on the PAST. What we are going through is unprecedented! CREDIT DEFAULT people! This bubble won't burst; everyone else in the world is laughing at us...We've printed way too much money and we're bound for a huge downfall. Majority of folks in the US can't see this country crumbling and there will be a rude awakening when it does.
Quite frankly the Buffalo's really aren't that bad of a price, considering that it's a *collector* coin. If you're disappointed in the pricing, get your gold bullion elsewhere. PAMP Suisse and RCM sell low premium bullion.
It floors me how people caught up in gold hysteria make up new rules for gold such as "This is unprecidented" or "this is historic". Gold goes UP and goes down. We are now at historic highs for gold. Gold may go up from here, however it certainly may go down. I believe there is a gold bubble building and it will certainly burst. Will it burst next week or next year, who knows. It is certainly good to have gold as an asset in your portfolio. But to think gold can not, nor will not drop is just plain stupid.
Skid, you are right on. Those who think that gold prices will go up forever need to think back to the 1980s when gold hit a high of $850. I remember those days well.
Check out the following article found here:
http://www.bullnotbull.com/archive/gold1980.html
Here's an excerpt:
--------------------
Many of you may be trading gold today. With the benefit of hindsight, it is easy to see where to buy and sell. But if you were trading gold in '79-80, do you think that you would have been able to ride it to the top, without getting spooked out? Once at the top, would you have the courage to sell? Undoubtedly there were people at the time calling for much higher levels: "The economy is going to hell! Gold is going to $2,000 and beyond! You'd be a fool to sell." Times may change, but human nature does not.
This is not intended to be a prediction or indication of what will happen to the price of gold in the coming days or years, only an illustration of how difficult it is to forsee future conditions and a reminder that there is no such thing as a sure thing.
--------------------
Skid,
Dumb question here, but what is the purpose of your post? I think everyone agrees that gold could go up or it could go down.
You state that gold is forming a bubble right now, so would you be kind enough to provide the facts that you are using to base this belief on? Yes...we could be in a gold bubble or not. I don't think that even you have the omniscience to know what's going to happen.
The USA is printing money that they cannot back (in gold, silver, platinum, or even warm fuzzy feelings) and is diluting the value of the dollar. Gold prices (here in the USA (including the Mint's prices) are based on the USD. It should be apparent that as the dollar drops, the price of gold appears to go up. Even if demand stays even (which it isn't), then the dropping value of the dollar makes gold more expensive.
The price of gold in USD WILL drop once the USA does something to support the dollar. But as we saw this past weekend, our government is trying to past a $1T+ healthcare package (not to mention another non-stimulus package). I prefer stocks, bonds, etc., but with the government taking over private companies, printing money, and spending insanely, gold silver are the universal currency that won't be touched (negatively) by their stupid actions.
Yes...we could be in a gold bubble and it could burst, but that will only happen once sane people are elected.
As for the gold prices in the late 70s/early 80s, we had another worthless congress and president running the show at the time (remember Jimmy Carter?). Gold prices started dropping only after Reagan was elected and inflationary pressures began to ease.
We are still three years out on replacing the current administration (at the earliest), and we haven't even begun to pay the "inflationary piper" yet. Combine these idiots with China seriously looking at disconnecting the yuan from the USD (http://www.cnbc.com/id/33850971), and ...I personally don't see gold prices free-falling for a while.
Get your 2009 W Buffs while they are a bargin!
All I hear is one person's speculation after another - a long string of political and economic banter about things that are way over their heads.
Just buy it if you like it, leave it alone if you don't - and please stop the endless whining and babble on a good coin blog
Any collectors out there?
The Mint probably didn't raise prices today since there was nobody home...Veteran's Day.
I am a collector and hold on to my coins. I appreciate hearing some of the comments posted here. I have limited funds to spend on collectibles and with gold prices skyrocketing, I have to set limits. Gold prices are going so high, that gold coins are no longer going to be affordable to the average (middle-income) collector who has other expenses (home mortgages, children in school, and so on).
Thank you to everyone who has posted their views. I can pick and choose the ones that best meet my risk level.
Hey Mike, you are correct except for one thing: it's Veterans' Day today, so no price hike-- collectors get a one-day reprieve.
"The Mint probably didn't raise prices today since there was nobody home...Veteran's Day."
A-ha! That might be it.
All this babble about who is right and who is wrong.The bulls and the bears.Looks more like a bunch a paranoid suckers to me.
All I can say is I sure hope you can fill your stomachs with that yellow crap when your lights go out and your baby is crying for food.All the people without a care because they have nothing, will not think twice about killing you just for something to eat.
What you people that are hoarding don't understand is the fact that your hoard is worthless when it comes to human survival under extreme conditions.You hoarders have no clue what true survival is.Who are you going to sell your yellow crap to if your computers won't work and the streets are running wild with nomads.
Why do you think all of the politicians are stuffing their pockets on both sides of the aisle.Do you really believe that the money being printed is for the people. No, it is for the elite people.The politicians and their buddies.And as soon as this country realizes this as a whole.All hell is going to break loose.
All this country will need is a trigger to set it off.Ever wonder what would happen if that happens.Then your precious little yellow crap will just be a target.And you will end up with no food,no water,no electricity,no comforts you take for granite now.
So keep on arguing about your yellow crap and ignore what is really happening and don't do anything about it.Just be selfish and don't help your fellow man out of this mess.
Keep hoarding your yellow crap.And I'll laugh at all of you while eating my food and taking care of others who need help.
What a complete disgrace you people are.Grow up and get off your butts and do a hard days work and give to those less fortunate. instead of relying on yellow crap to carry your lazy butts through bad times.
And for gods sakes collect a coin because its a beautiful coin and a fun hobby to collect.And stop being a bunch of girly men.
If this message makes you feel guilty it is for you.If not then you probably either are a good person or in need of serious mental help.
Now stop clogging Michaels blog up with this bull and bear crap about your yellow crap hoarding.And start talking about facts like the beauty of the coin or mintage or anything but your selfish yellow bellied crap.
Grandma
You're right, Grandma. I guess we DO take a lot of things for "granite". I actually tend to take things for "granted."
You sure like to use the word "crap" a lot, don't you?
I don't entirely disagree with you, but if you're going to vent on those people who post those bear and bull comments (and I'm NOT one of them by the way), please help your cause by making sure your post is free of those annoying errors! It makes it so much better for the reader!
I do like reading the bull and bear case for gold, although I use jsmineset for that mostly. As far as collecting gold the government and Wall Street actions do have an effect on when I buy, how much I buy and the outlook for value on Gold coins or any coin for that matter. I think it was past Gramma's bedtime and Granny, I protect my family with a Benelli M4 so I'll watch out for those nomads.
Dang Grandma, are you high on estrogen or what? Anyone that writes like that can't be respected, I don't care how many times you use the word "crap" or what your point is. Bet your grandchildren are proud of you.
Back to coins people!
Grandma,
Sorry, but the price of gold IS relevant to buying coins because some happen to be made out of gold. I have read numerous posts about the price of gold and platinum coins from the US Mint and the Mint's ridiculous pricing policy.
If gold prices were so off base for this blog, why does Michael continue to publish new discussions/topics (such as the one we are ironically blogging on here) discussing the "US MINT NUMISMATIC GOLD COIN PRICES RISING TODAY" (or FALLING) about every week at the US Mint as the price of gold rises or falls. I think Michael does it because it IS relevant to coin collecting.
Grandma,
I think the current administration is doing enough giving of my money to others to make up for anything I haven't given. I doubt my kids will have much of a future when they grow up because of all the current administration's giving. By the way, writing an email like yours and signing off as "grandma" only makes you sound bitter. Did "grandpa" beat you in checkers tonight or something? Good grief!
Grandma is in need of some valium. The price of gold is relevant to collecting gold coins as investments.
I get so tired of people getting on this blog telling us that we should be guilty for buying coins and not saving our fellow man. Yes, we should all probably be a little more charitable in these hard economic times. But judge yourself and kept your rants to yourself. You don't know me/us. Who are you to tell us what we do with our money. jeez.
Atleast this administration is trying to give back to the people and not starting new wars. Now back to coins please.
@Anonymous 11/11/09 5:48AM.
Just like when the English sold their gold!
Yeah that was pretty heavy, Grandma, maybe have some nice herbal tea ... well as noted in another post, the premium for the $1360 proof GAB is only about $245 today; gold closed at $1114 and mint ops paused for the fed holiday on the day the price was supposed to rise ... like april 15 falling on a sunday .. which makes it seem more reasonable now especially with gold going higher-- gold will correct for sure in the near future but will then go even higher .. i wasn't going to buy one but decided it was too good an opportunity so i picked one up this morning
Just because you sign yourself as "Grandma," doesn't mean you are one. From the tone of the post, I have my doubts. Certainly, not like any of the grandmothers I have known, including my own. Mine are a little more mannerly and a whole lot more polite in their language. Peace out, whoever you may be.
Tony
Michael... In your original post you had made mention of the fact that the Mint Pricing Grid was approaching the top end of its current range. Painfully true, to be sure.
In considering that the Grid has been in use for almost a full year, and that the Grid reflects a fee structure based on gold at $720 per FTO and the Mint's 2007 / 2008 operating costs, do you think we can expect to see the release of a new Pricing Grid some time after the first of the year?
As every business continues to evaluate operating conditions and cost structures, Mint management is bound to perform a review of the current grid and its component costs. Just wondering if you have been privy to any advanced discussions. Certainly may be a question worth asking.
As always, thanks for the great things you do.
Grandma appears to be a man. "She" certainly is no lady! LOLOL!
By the way, no one is telling anyone how to spend their money (as if we could influence anyone anyway). We're just expressing our views. What you do with our views is up to you.
Now, freedom of expression - isn't that what a blog is all about?
"At least this administration is trying to give back to the people and not starting new wars. Now back to coins please."
So a thief and thug is better than a warmonger? Give back to the people...HA! Don't you mean give OUR money to the people who don't want to earn if for themselves??? I feel sorry for people who justify stealing from earners (those who do get off their butts as grandma so "eloquently" put it) and give to bottom dwellers. You are SO confused. Let's excuse the terrorists in the name of love and to get a happy-feeling high. Sigh. Group hug time.
Now back to coins please...
On the subject of gold, there was a story in the UK telegraph today about the world gold supply running out. I'm sure this will get the conspiracy theorists yammering, but figured I would post it anyway. If it's true (and the article does cite production facts), it might explain the recent run-up in gold. Gold just might be a bargain right now.
http://www.telegraph.co.uk/finance/newsbysector/industry/mining/6546579/Barrick-shuts-hedge-book-as-world-gold-supply-runs-out.html
Grandma - I support my fellow man in one way by purchasing coins from the US mint and so does everyone else who buys them. By paying these high premiums we create jobs at the US mint. As for security and survival if the rule of law is ever lost in this county I will buy my way out of here with Gold not at gun point. So what does Gold buy in the end, Freedom, which creates the demand for gold so everything will be traded for Gold including food. Good luck with the nomads, nice life your carving out for yourself, I'll send you a postcard.
No change in gold coin pricing this morning. Does teh Mint have discretion on pricing or must they adhere to the pricing grid?
I am sooo happy I bought my proof buff on opening day. I have it in hand and can sit back and watch the prices rise. While this one won't be as rare in the one ounce form as the 2008, it still won't be a bust. It's numbers should be pretty low. It's too bad the mint didn't make fractionals this year. That would have most certainly kept the 1 ounce really low. Oh well. BTW, I think gold prices, as with most things, are rising for psychological reasons more than factual reasons. People are nervous and it is almost totally impossible to predict what is really going to happen in the future with supply and demand. As a result, nervous people are trying to plan for the future and are willing to put more risk, ie higher pricing, in gold because they are nervous about other investment vehicles. I think people are going to remain nervous for sometime which should at least hold gold prices where they are if not raise them more. Speculating has way more influence on the price of things than real facts about those things.
It seems that the mint is updating the price for both Buffalo and UHR now.
That's too bad, I was hoping the Mint would finally do what the rest of us are already doing - hating the Mint's policies. I thought maybe there had beena mutiny! But, no.................. the prices of gold coins are now Plus50
No big deal, the price will go down next week. No worries, +50, -50, that is nothing to worry about, 4% fluctuation. If you like it - buy it, if you ar worrying about the gold price that get into the bullion.
OH, NO! THE PRICE OF GOLD HAS FALLEN TO SLIGHTLY OVER $1,100 - THE GOLD BUBBLE HAS BRUST! QUICKLY, EVERYONE SELL ME ALL YOUR GOLD BEFORE IT'S TOO LATE!!!! GET OUT WHILE YOU STILL CAN!!!! WE'RE ALL DOOMED!!!
IT'S LIKE THAT CHILDREN'S STORY, THE ONE WHERE "THE GOLD IS FALLING", OR SOMETHING LIKE THAT... WE ALL KNOW HOW THAT ENDED. JUST HAND ALL THE GOLD OVER TO ME BEFORE IT COLLAPSES IN VALUE AND YOU ARE LEFT WITH NOTHING!!!!
I'll gladly hand over my gold to you. Please post your name and email address.
Thank you.
====================
Anonymous said...
OH, NO! THE PRICE OF GOLD HAS FALLEN TO SLIGHTLY OVER $1,100 - THE GOLD BUBBLE HAS BRUST! QUICKLY, EVERYONE SELL ME ALL YOUR GOLD BEFORE IT'S TOO LATE!!!! GET OUT WHILE YOU STILL CAN!!!! WE'RE ALL DOOMED!!!
IT'S LIKE THAT CHILDREN'S STORY, THE ONE WHERE "THE GOLD IS FALLING", OR SOMETHING LIKE THAT... WE ALL KNOW HOW THAT ENDED. JUST HAND ALL THE GOLD OVER TO ME BEFORE IT COLLAPSES IN VALUE AND YOU ARE LEFT WITH NOTHING!!!!
I just checked - gold coin prices from the US Mint have gone up.
You can find prices for similar coins cheaper on eBay. Check it out....
When the burst comes, you will hear it loudly.
Why is it that some people are foolish enough to think the dollar's value is forever constant? Isn't the dollar traded on the world market like any other commodity? What is your paper dollar really worth? It's your dollar that's already burst, not gold. Gold has been universally accepted as real money for 2000 years. U.S. paper dollars backed by absolutely nothing have been less than 40 years. Enough said.
Breaking News-------
Just called the mint and ordered the last penny rolls. Inquired to my Buff Proof I ordered 20 minutes after start of sell, which I have not received yet. Customer service informed me that the, "Mint police were reviewing all coins before shipment". Possible good news for everyone that has already received their Buffs - may be an error.
The error maybe it's frosted and not as defined as the normal buff.
I would rather receive a perfect buff. SO maybe now we get low mintage on perfect 09w buff?
To me a frosting error would be when they don't put enough icing on the cake. But thats just me.
Hee hee!
from recent post, what does this mean?
"mint police were reviewing all coins before shipment"
what are the normal "duties" of the mint police and what does their "inspection" entail. If these "reviews" are not part of their normal duties, what prompted this change in procedure.
BTW, I'm the guy whose order was processed 14 minutes after they went on sale and as of today (Nov. 14th) it still shows as "in stock & reserved."
I am still waiting for mine as well, almost two weeks now, still not shipped.
I order 5 Buffalo on 10-29-09 at 11:17 cst. Today I receive only 1 buffao, I open the box to, just to found out I got someone else order in NY, and that person got my 5 buffalos, even on the UPS tracking it show my package is 3.30 Lbs.. the Mint shows it shipped out all 5 coins..
To 8:42, OUCH!!! That blows!!
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