And, in our ever continuing tribute to the Buffalo Nickel (aka Milking It For All It's Worth)

From the recent coin legislation authorizing the Pres Dollars:



http://thomas.loc.gov/cgi-bin/bdquery/z?d109:s.01047:

There is still copper, platinum, palladium and a few more metals left to do as well as plastic and wood.

The Official United States Mint Wooden Nickel.

Preorder price-$35.00

Regular price-$39.00

It's official, I've lost all faith in the U.S. Mint.

It's getting embarassing to be from the US

At least Shop At Home will be happy to get these.

"Ah Yes, more suckers for us to rip off" *evil grin*

Gold Buffalos.

Hey, at least we're not like Canada.

Note that it will be a $20 bullion coin, not a double eagle. This means the gold buffalo would be a 1/5 ounce gold content coin (larger than 1/5 ounce if they maintain the 91.67% pure alloy currently in use on gold eagles) which would be roughly the diameter of a nickel.

Aftermarket price .25

I bet you would find them in circ for face

-Bobby

Forget wear and poor handling, this is the Wooden Nickel's worst enemy:

http://wld.fwc.state.fl.us/critters/images/beaver.jpg

STOP MAKING FUN OF MY COIN SHYSTERS!!

Yeh, and it throws the financials out of whack for my Bison type set.

$%@*^#$!

Anything for a buck, the american way!

I was just looking at some Standing Liberty Quarters last night and thinking, why cant we go back do designs instead of deceased people. And change the design after roughly 25 years.

Other purposes?

Ya they should put their military on one of there coins. . . .

< It's official, I've lost all faith in the U.S. Mint. >

Don't blame the Mint, put the blame where it belongs, on our elected representatives who see us as a source of more revenue. Collectors are suckers, they'll buy anything. "If we strike it they will buy it."

< and for other purposes.

Other purposes? >

Yes, raising revenue.

I'm kinda interested to see what the gold buff looks like. I'm not going to yuk just yet.

I want to see a buffalo in vanadium!

Err I mean titanium

All I had to see was teh gold part ot pass judgement.

Bleh, don't like buffalos. Gold would just make it more icky.

Nor do I. Considering the times, I believe coins should feature more Patriotic themes:







(Hey, if they are doing it in the GWN, it cannot be too long for it to happen south of the border! )

You got a problem with gold???

I wouldn't if it was a different color.

I wouldn't refuse it but I don't buy it either. I like silver better.

Yeah that is right, back to the SLQ with the Type 1 Variety, would look really nice on the $10 Silver Eagle, 1oz of fine silver.

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Come on guys you are not looking at the bigger picture. The Mint intends to strike 24K gold bullion coins starting next year to compete with other countries who are doing the same. Well, bluntly put, they have to come up with a design that will be, lets say, politically correct and they didn't have time to pull that part of it off in 2005. Enter the one year buffalo in gold bullion. If the nickel is any indication, or the 2001 Buffalo Silver Commemorative or the prices on the old classic by Frazier how in the world could they pass this opportunity up! The first year of production will be a huge success, so someone at the Mint can say, "I told you so!" and no one in the world will be offended by our buffalo and the Mint now has gained another year to deliver a "must have" design to the investors and collectors of the world. Now, as a collector with my eyes wide open, I don't care if they put an outhouse on the obverse and a roll of toilet paper on the reverse as long as it is a ONE YEAR design! And the fact that it is gold is just icing on the cake! We seldom stumble upon a winner in this country and the odds of these coins being struck in huge numbers are slim and the fact they are the FIRST pure gold 24K ever issued by the U.S. and, as I said, a ONE YEAR issue will protect mine and your investment pretty soundly. Feel free to ridicule me in any way shape or form after, lets say, 2007 as none of you will be crying then UNLESS you didn't buy them. It is also my understanding, and I could be wrong, the Mint intends to do a 1/10 ounce, 1/4 ounce, 1/2 ounce and a full ounce coin so we will find out shortly or early in 2006! Think about it!

Are you sure it will be a one year type? I think the legislation says it 'the Secretary may' change it after the first year, not that he or she has to change it. Unless I misread something. Governmental Inertia might take hold especially if it is successful and it may be the design for a long time.

Either way, it is probably out of my budget but I hope some people do make some money off of it.

It will all depend on how much money the mint makes!!

If the mint makes a ton off of it, it will get continued for at least another year. Greediness drives the mint.

The George Washington quarter dollar was meant to be a one year only design.

Nuff said.

The only reason the Mint jumped on the buffalo/Indian design was they were absolutely certain they could NOT come up with a new design in the time alotted! There will be a new design as the Mint is fully aware that collectors every where will WANT anything new the first year. If they were really savy businessmen/women they would go back to Congress and ask to change the design EVERY year. A whole new series in gold but dead Presidents wives isn't going to be a winner in any way, shape or form. This is the most disgusting series I have ever seen proposed in my life and the fact it got approved is beyond me. For the most part the first ladies, who were NOT elected, were there due to circumstances and MOST of them stayed out of politics while there. Lets just say throughout history most of them realized their respective position and why they were spending a few years in Washinton. Most Americans couldn't give you the names of more than a half dozen first ladies and, if they could, they would be the last 30 to 40 years. I would be just as upset if they had decided to do them on our cent coins but GOLD? What a joke!

The Gold buffalo is the .999 fine 1oz. bullion coin that will be introduced to compete on the world market with the MapleLeaf, Rand,Panda, etc.
It will sell at the price of gold plus a small premimum. The $20 face value is just to make it U.S. coin.
I seem to recall everyone on the board was all excited when the mint stated its plans to do this back in the spring.

seigniorage.

when i wrote to protest her support for the presidential dollars bill, her office wrote back and basically said "but think of the seigniorage we won't realize ... we can't afford *not* to do these" ...

All you Buffalo fans are gonna love the design North Dakota picked for the state quarter for 2006.