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Here"s some wonderful deals on the 2008 $50 Buffalo Gold Proof coin that we have found for you, that are currently available.
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Originally posted 2009-06-01 17:55:39. Republished by Blog Post Promoter
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Question by Kramsor: American Buffalo Gold coin dimensions?
Hello there,
I have this little problem:
The American Buffalo Gold coin is said to measure 32.7 mm by 2.95 mm (according to the US mint and Wikipedia). It is also made of 24 kt Gold (.9999 purity). However, when worked out mathematically, it results that either these coins have a higher gold content than 1 troy ounce 31.1035 grams (at the given diameter and thickness / height).
Here's how I worked it out:
Volume = Pi x R x R x H
Therefore, Vol. = 3.142 x 1.635 cm x 1.635 cm x 0.295
Answer = 2.4775 cubic cm (or ML)
The density of Gold is 19.32 grams / CC;
Therefore, 2.4775 cc x 19.32 g = 47.86 grams OR 1.53873473 Troy oz. (as opposed to 1 troy ounce, as it is supposed to weigh).
So, as a bottom line: Either they use something else apart from the gold (something denser / "heavier" than gold) or their dimensions are wrong OR they're giving 1/2 ounce of gold for free (which is very unlikely)!
I will appreciate if anyone can illuminate me about this matter!
Thanks a lot,
Kramsor
Best answer:
Answer by getfreducated
They are not perfect cylinders. (You are using the height of the edge of the coin as if it were this thickness everywhere...sadly it ain't so). So to find the volume, you must submerge then in water and find out how much liquid they displace.
Darn! And if you were right, I was going to go buy every one I could find!
Again, I don't know how else to explain it (nor do I understand why there are more answers to this)...coins are not cylinders. They are tiny little works of art whose deminsions are not able to be listed as simple diameters and heights. The government did not "screw up" and put any more "pure" gold in than they said. I agree with the fellow below...Go ahead ask a coin dealer and if they think you are right, I have a TON of gold coins I'd like to sell them by "volume".
-Fred
Give your answer to this question below!
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Originally posted 2011-03-16 13:28:44. Republished by Blog Post Promoter
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Question by justaguy23456: What is the physical size of a one ounce gold bar and a one hundred ounce silver bar?
What is the typical size (height, width, and length) of the gold and silver bullion that people buy as an investment.
Best answer:
Answer by acablue
Surely, you must have seen the size of a Krugerrand, or an American Double Eagle which contain 1 ounce of pure gold. They are about the size of an old American Silver Dollar. So, multiply that by 100 for a silver bar? The densities are not that different.
Put another way, the bar will weigh 100 ounces, or about 6 pounds. That is not a very big package.
Add your own answer in the comments!
[wprebay kw="one+ounce+of+gold" num="0" ebcat="11116"]
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Originally posted 2010-10-31 12:33:20. Republished by Blog Post Promoter
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Question by Mr. So Krates: Which is a better coin for collecting?
Which would you rather have? This is a gift for my mother who loves coin collecting.
A 2008 bald eagle silver dollar proof: Only ~, but only 500,000 are to be produced
A 2008 American buffalo proof coin: ~0 but no statement of limiting the production
Both are official U.S. coins from the U.S. mint.
Best answer:
Answer by Taiping
The 2008 bald eagle coin is a commemorative coin while the 2008 American Buffalo coin is a gold bullion coin and for 0 it must be the 1/10 of an ounce. You may find that the gold buffalo will have the lowest mintage. Looking at the American gold eagle proof issues of 1/10 oz. only 17,546 2005 proofs were made and 15,636 2004 proofs were made. The most proofs made from what books I have is 143,681 from the first year 1988. Not all mintage figures for 2006-2007 have been released yet. I am a numismatist and collect the old historic coins, so would have to take the Bald Eagle for it's historic value but the gold coin would be the best investment.
What do you think? Answer below!
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Originally posted 2010-11-27 03:09:15. Republished by Blog Post Promoter
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Question by Ranganathan M: Which fetches more price, American buffalo gold proof or American Buffalo bullion?
Are American buffalo gold proof coins better for investment than American buffalo bullion coins sold in the coin shops? Explain.
Best answer:
Answer by beridoc
You'll pay a BIG premium for the proof. It will be hard to re coop the investment unless it turns out to be a scarce minting.
Often, when you go to sell gold coins, all you are going to get is the bullion value - sad but true.
For investment purposes, you'd probably be better off putting your money in a gold ETF like GLD or IAU.
What do you think? Answer below!
[wprebay kw="american+buffalo+proof" num="0" ebcat="11116"]
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Originally posted 2010-07-31 18:40:25. Republished by Blog Post Promoter
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Question by R J: Is it a good investment to buy the 2009 1 ounce Proof Gold Buffalo coin?
no limit, but never no as last yer they just stopped. Also the only gold con of all the rest this year for collectors and I think that they hae stopped making the bullion one.
Best answer:
Answer by Karla
It will have a huge mark up over bullion price. You should check out this link for how to buy gold and silver cheap. There are links on it for the current bullion price and tips on where to buy for a good investment.
http://www.ehow.com/how_5338053_buy-gold-silver-cheap.html
Add your own answer in the comments!
[wprebay kw="one+ounce+gold+proof" num="0" ebcat="11116"]
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Originally posted 2010-07-19 22:46:05. Republished by Blog Post Promoter
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Question by rolex452: Selling gold to a dealer...how much do you lose?
Re: a one ounce, pure 24kt gold coin (American Buffalo)..this not only has the gold value, but added value as a coin, and more added value in proof condition. But by the time a dealer gets through with his fees and profit-taking for buying the coin, you end up with LESS than the actual value of the ounce of gold...its selling somebody money at a discount so they can re-sell the same money for a big profit.
Question: does anybody know the structure of the fees and profit margins involved in a dealer buying gold from a private party? What criteria do they use when giving us a price (always less than the actual value of the gold)? Thanks for any info.
Best answer:
Answer by Credic J
Coins are only worth slightly more than actual gold because of their production and marketing costs. If the coin is damaged and has no value as a collectors piece, you can sell it to an refiner for gold market prices. http://www.goldintomoney.com for a list of online refiners.
If the coin still has value as a collector's piece, then I don't know why a dealer would take fees, unless they sell it off. If they're just buying it then it shouldn't cost you anything for that. If you're paying them to flip the coin for you, then I can see why they take a %.
Know better? Leave your own answer in the comments!
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Originally posted 2010-10-04 20:57:05. Republished by Blog Post Promoter
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Question by I'm Gumby Damn It!: Do you feel we placed a "pox" upon the American Indians?
I saw this damn slimy republican on c-span going off how there is VERY LITTLE proof that US "Christian" Settlers gave American Indians smallpox blankets ...Like there would be major documentation on Genocide practices...What the hell was the killing of the Buffalo all about? good sport?
He was upset that this is being taught in our schools to third graders
Does he actually feel that is this was not taught it would change
the horrific-ness of what we did?
Best answer:
Answer by some person
Where else would the Native Americans have contracted the smallpox virus? Barring any sudden, drastic mutation in a virus that had been living on the continent for generations, it had to come from Europeans. It was a newly introduced virus to the tribes, and that means it had to come with something else new. What was the only majorly new thing to the American continent at that time? Europeans. Therefore, the virus came from us.
Sometimes, people like to believe in an "if I can't see/hear about it, it isn't there" philosophy. Obviously false and childish, it nonetheless makes the small minded feel better about their pasts.
What do you think? Answer below!
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Originally posted 2011-02-12 00:35:08. Republished by Blog Post Promoter
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Question by cal1nu: Should I sell my 2008 W BUFFALO 1 OZ PROOF gold coin now?
Will the current market price for this coin which is currently 00, drop when the economy recovers? Should I sell it now when the price for gold is at the highest? Will the value of this coin keep on increasing since it has the lowest mintage of all gold buffalo ever minted. Or will the price for this coin drop sharply when the 2010 gold buffalo is minted next year?
Best answer:
Answer by Kevin W
it is really up to you and your wants/needs. there is no way of knowing what will happen in the future, but if you can get 00 for it now, i'd jump on that now because that seems pretty high.
Give your answer to this question below!
[wprebay kw="2008+buffalo+gold+proof+coin" num="0" ebcat="11116"]
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Originally posted 2010-07-14 00:26:58. Republished by Blog Post Promoter
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Question by montoy_vlv: How much a 2008 American Buffalo gold coin cost now?
I'm trying to sell my American Buffalo gold coin. On the US Mint website, the 2009 gold coin costs ,400. Can I sell my 2008 gold coin the same price?
Best answer:
Answer by Taiping
What a coin sells for and what a dealer will pay are two different stories. Gold right now is going up but does drop some during the week. It is a day by day thing. The only ad I have for the gold buffalo no matter what date is a dealer will pay spot plus . Gold right now is #,191.50 . This value changes daily so it is best to sell when gold is high. You can get gold spot by typing in gold spot. You need to check with dealers, for gold and gold coin values depend a lot on the price of gold at the time of sale. Only rare collector gold coins have a large collectable value added.
Know better? Leave your own answer in the comments!
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Originally posted 2010-09-28 22:47:32. Republished by Blog Post Promoter
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