Comments on: 2013-W $50 Proof American Gold Buffalo Released https://www.coinnews.net/2013/05/23/2013-w-50-proof-american-gold-buffalo/ CoinNews delivers the latest World and US coin news Tue, 06 Nov 2018 17:15:26 +0000 hourly 1 https://wordpress.org/?v=7.0 By: joera https://www.coinnews.net/2013/05/23/2013-w-50-proof-american-gold-buffalo/#comment-386566 Tue, 06 Nov 2018 17:15:26 +0000 http://www.coinnews.net/?p=37407#comment-386566 In reply to Holly.

Hello Holly,
If your coin has “COPY” on it then that is what it is, a copy of the real 2012 Gold Buffalo. You probably did not get yours from the U.S. Mint because they do not sell copies. I’m assuming you got it from a TV commercial. Those are clad that are 24-karat layered. In other words it is only a very thin layer of .9999 gold on the outside of the “coin”. It is worth near to nothing. NEVER BUY ANY COINS FROM ANY TV PROGRAM OR COMMERCIAL! And if you want “real” coins don’t buy anything that has “COPY” on it.

]]> By: Holly https://www.coinnews.net/2013/05/23/2013-w-50-proof-american-gold-buffalo/#comment-386273 Tue, 06 Nov 2018 04:57:46 +0000 http://www.coinnews.net/?p=37407#comment-386273 My 2012 fifty dollar coin has the words copy on it?. Why?. 1oz. .9999 w

]]> By: Joe#2 https://www.coinnews.net/2013/05/23/2013-w-50-proof-american-gold-buffalo/#comment-64418 Wed, 29 May 2013 14:10:32 +0000 http://www.coinnews.net/?p=37407#comment-64418 For folks interested in purchasing the 2013-w .9999 gold proof buffalo, Possibly today will be the $50 cut to $1740.00. We shall see. 🙂
Good luck

]]> By: RonnieBGood https://www.coinnews.net/2013/05/23/2013-w-50-proof-american-gold-buffalo/#comment-64330 Sun, 26 May 2013 16:34:57 +0000 http://www.coinnews.net/?p=37407#comment-64330 I agree with tP.
These coins are not purchased only for their metal value (which now changes weekly with the pricing grid). Design, beauty, historical significance, demand and metal value all play into pricing. The US bullion coins were originally set up to be able to be easily purchased by retirement funds such as 401k & 403b. However, the majority of purchasers are individual collectors and investors.
The grading of US bullion coins made value based on gold content non-existent. It you want to do that select the Canadian Gold Leaf 1 oz coin. It follows the melt price of Gold much more closely.

]]> By: thePhelps https://www.coinnews.net/2013/05/23/2013-w-50-proof-american-gold-buffalo/#comment-64301 Sat, 25 May 2013 12:18:53 +0000 http://www.coinnews.net/?p=37407#comment-64301 Poggie – seriously, I gotta ask – who do you know that buys these to melt them? What collector in his or her right mind buys a gold coin to send it in to be melted and wouldn’t look for another collector to buy it?

Man I wish bullion collectors would find a hobby that makes sense to them – because obviously looking at mint coins isn’t it.

]]> By: Poggie https://www.coinnews.net/2013/05/23/2013-w-50-proof-american-gold-buffalo/#comment-64293 Sat, 25 May 2013 02:37:03 +0000 http://www.coinnews.net/?p=37407#comment-64293 $400.00 over melt…ridiculous.

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