You Got A Crooked Gold Buffalo?! 😱
HTML-код
- Опубликовано: 10 сен 2024
- American Gold Buffalos are a top choice for gold stacking in the United States and abroad. They're a beautiful bullion coin, but they have tend to have quality issues. Is there anything you can do to ensure you receive a high quality Gold Buffalo coin? A: Yes.
All the places I post in one easy list:
▸ 🔔 SUBSCRIBE: ruclips.net/user/2...
▸ 📷 Follow on Instagram: / 2is1gold
▸ 💬 Discord invite: / discord
Helpful videos if you're looking for more information:
▸ Gold Coins 101: • Best Gold Coins - Ever...
▸ Storage: • How To Store Gold And ...
▸ Capsules: • The Best Coin Capsules...
Product links:
▸ Pelican Micro Case
amzn.to/3r6HtUd
▸ 32mm Direct-Fit Capsules (Fit 1 oz American Gold Eagles, Gold Buffalos, etc.)
amzn.to/38TpVE9 (10 capsules)
amzn.to/3F1FYgX (20 capsules + tube)
▸ 30mm Direct-Fit Capsules (Fit 1 oz Canadian Maple Leafs)
amzn.to/3pYmLoO
▸ 27mm Direct-Fit Capsules (Fit 1/2 oz American Gold Eagles, etc.)
amzn.to/3nVpfCq
▸ 22mm Direct-Fit Capsules (Fit 1/4 oz American Gold Eagles, etc.)
amzn.to/2LHteFN
▸ 16mm Direct-Fit Capsules (Fit 1/10 oz American Gold Eagles, etc.)
amzn.to/3roUzLy
▸ Theory11 Playing Cards
amzn.to/3ec9B4L
▸ Field Notes Notebooks
amzn.to/3myF3w6
I buy gold and other assets on a dollar cost average schedule and then buy more as price and interest allow. If you want to know more about buying gold coins, that is my primary focus here. I talk a bit about cryptocurrency, mining stocks and other equities as well. Cheers!
Disclaimers: I am not a financial planner. I'm just a guy on the internet, talking about precious metals. This is for entertainment only. Who isn't entertained looking at gold coins? As an Amazon Associate I may earn commissions from qualifying purchases. Any potential compensation I earn will not negatively affect your purchase. Thank you!
I also like the rugged appearance of the Buffalo. Minor flaws don’t bug me too badly. But higher quality assurance would be nice for such a pricey coin. And frankly some state of the art security features on US Mint coins would be a step in the right direction. Best wishes!
Agreed. The Mint should be able to come through on both counts. Cheers!
rugged gold coins are absolutely the best
@@dragonstalk86
Sure is a good looking coin.
I like its simplicity and tough looks. It's almost as though it has built in patina straight out of the box.
Here's how much more desirable buffalos are:
Canadian/UK coins are fancy, all essentially reverse proof, flawless and with security features, yet people will always pay more for the buffalo.
Maybe the crookedness is the security feature?! :D
Ha! True - I’d almost be suspicious of a perfect Buffalo! 😄
@@2is1gold It can't be that hard to make a nice coin... Our nickels and dimes are or much better quality on average.
Esthetically speaking: that beautiful gold brightness the buffalo's has compared to the eagle.... to me, nothing beats pur.
They definitely stand out. 🤩
Your problem is you are stacking for the wrong reason.
@@thinkforyourself9311 hmmm that seems pretty hypocritical of you to say while bearing a name tag such as yours.. but what do I know,I'm just thinking for myself..
@@Zaycream21 your problem is you you ASSume you know something.
@@thinkforyourself9311 ok buddy...have fun with that
For 24k gold I was debating between the Buffalo and Maple Leaf. Watching videos of the bad QC on the Buffalo combined with their high premiums has me leaning towards the Maple Leaf.
I absolutely love the unevenness of my buffalos. It’s what makes them so unique, authentic and how to me, real gold should feel like. Can’t stand the uniformity of my other coins. They have such lack of character compared to my gorgeous, bumpy and uneven buffalos.
The mint is just dropping the ball, it's like quality control department is closed.
The robots need managers.
I once stacked 25 2020 silver britannias next to 25 2021 silver britannias and one stack looked like one coin taller than the other.
A side view of a Buffalo stack vs a gold eagle stack might show the bad tolerances multiplying. Or a more dramatic leaning tower of Buffalos.
Odd on the Britannias. Rim differential? A stack of 20 Buffalos, all lined up consistently leans precariously. If you aren't careful, they'll topple. Eagles are completely straight. Clearly, we care more than most people or the Mint would be forced to work on it! 😅
I'm very curious: did you weigh both stacks of coins separately?
@@keridokaballo3141 I weighed both stacks with a “food” scale and they were the “same” . Not a jewelry scale. But satisfied that it was more a “rim” tolerance or “rim” design difference from one year to the next than a weight issue.
@@SilverHeist Odd and funny. I remember that video from your channel.
I’m new to the hobby. Started stacking last April. Bought two Buffalos from SD Bullion and both had uneven rims plus fins on their rims! I thought I had counterfeits or something! Totally freaked me out. So I did some googling and learned it’s a fairly common issue on Buffalos. Now I kind of dig it! In my amateur opinion, it gives them character!
I see it as a bit of character too. Some cross the line a bit, but most are just fine. Cheers!
You and me both, dude. Got mine today, crooked and uneven.
Love when you break out the coins from their packaging. I’m really not really concerned about slight flaws on the Buffaloes but I think that the Mint should do a better job on their coins. I probably wouldn’t pay extra cash for a perfect Buffalo unless it’s a proof or a RP that is graded.
We're on the same page. I won't lose any sleep over it, but they should be more consistent. Cheers!
@@2is1goldif I had almost $50K in gold on my table I wouldn’t lose sleep either 😂
Certain major bullion dealers definitely sell their grading rejects as BU coins. Not all but some. There is no doubt about it. Good video, sir. 👍
Yeah, I felt like they're cheaper because they're selling "seconds".
OMG... esp when u spent $1800-$2000 on one coin...
Seems like a price point that deserves some QA. 😄
Love this video and how you show the rims and edges of the coins. The BU Buffalos are my all time favorite bullion. Their ruggedness and imperfections kind of remind me of gold coins in a pirate's treasure chest. The definitely evoke a sense of nostalgia!
I've always felt that way a bit too. It's a rugged coin, so it doesn't really bug me. An Eagle with this issue would be a different story. Cheers!
You are a brave, brave man. I don't have that many Buffalos and even if I did I'm not sure I could bring myself to stack them that high when they're as crooked as they are. Thanks for sharing your experiment with us!
It takes a bit of force to actually damage one. A drop of a few inches won't do it. A bounce and a roll to the floor, though... 😱😅
I'll be buying a gold Buffalo in the next few months... this video convinced me to get that first strike... just so I can lessen the likelihood of an uneven rim. My OCD couldn't handle that imperfection. Thanks!
For what it’s worth, even the ones with an uneven rim are pretty great. 😄
Poor quality coins were the first sign of the Roman Empire collapsing.
Really ?
All of my Buffalos have that same thickness irregularity...in my opinion, that's pretty lame coming from a huge national mint in this day and age. Having said that, I still love them🥰🐃
Yep! 😅
You did it. The Liberty got sprung. And yes I care about the precision of the Buffalos. It ticks me off that they are not nearly perfect. BTW, my one and only Brit, a 2021 has an uneven rim as well.
That’s two people now with an uneven Britannia. Guess my population sample of two want representative. 😄
It seems like the US mint has had several issues in the last few years.
I think so too, but I've seen this particular issue with Buffalos on every year I own.
Not into the rim inconsistency. Which is why I favor Eagles over buffs now
It seems the mint has had this problem for awhile, saw another video and cannot believe how many other bullion coins pennies dime etc..., have issues. I have been stacking GB's for the last 3 years, do you have any earlier buffalos with the finning problem. Just curious if this always was the way.
I have the 2010 in the video with issues, a 2013 with finning and a 2016 with finning. It seems like 2021 was the worst in my extremely small sample population. Cheers!
My buffalos look the same way
I saw a buffalo on one of the coin sellers screen with the description of a gold foil finish? What's that? Another ? does the quarter oz. Maple leaf 2022 have the security of the one oz ? I didn't see an emblem as on the one oz. Thank you for any help you can give.
A few of mine have copper spots. I’m curious if other people have the same issues.
A vinyl eraser will take that right off. If you want to get crazy, so will a blowtorch. Do it on camera! 😄
Britannias are 999 fine. Buffalos are 9999 fine. Maples/Perth are also 9999 fine. There might be a slight problem with even that miniscule impurities for the Britannia. The "real" question is which one is easiest to sell where you are at?
I actually like the standing tall "Wire rim" buffalos! In my experience, I have seen proof and standard finish buffalos with copper spots on the surface which give an appearance of a defect and can sometimes be purchased at a discount. These spots can easily be burned off with a blow torch.
A copper spot wouldn't turn me off either. Even a vinyl eraser takes them right off. I'd love to find them at a discount. Cheers!
Never underestimate the ability of the U.S. Mint to f**k things up.
Ha!
..... I had to chuckle as I watched today. Why? not at your video or comments but at myself. I have always stuck to the RCM Maple Leafs or the Brittania's because I just have this thing for their beauty. (and lower commission) After months of watching your channel I had to see first-hand why you (and other) focus so dearly on the buffalo. So JUST two days ago I caved and bought my first two buffalos only to see your Crooked Buffalo video today. So that is the reason for my chuckle, timing! Now, I haven't received mine as they are in transit, but hoping they arrive in the BU condition I purchased but if not, well ... I will still be super pleased that I now have my own buffalo and will chalk up any imperfections to "rugged beauty". And who knows, when I hold my first one in my hand, I may be hooked as well. Love your Channel and love the content. Thank You.
Thank you! Let us know what you think when they come in!
Jenga! Jenga! JENGA! I never look at my coins like this. Have you weighed them all? 🤷🏻♂️
Only the ugly ones. 😄
I just hammer them flat. The texture hides the dings and scratches.
A couple taps on a flat plate would probably do it.
Thanks for sharing 2is1
What a amazing collection 👍
🤜🤛
Was worth doing it for the video, otherwise first strikes are not worth the extra premium, at least for me. You could see the lean on your Buffalo tower, not good enough for a coin as prestigious as that. All said and done, the Buffalo has the edge on the Eagle. Great vid, thanks.
Thanks!
Bought some very expensive buffaloes from APMEX a few years ago supposedly in BU condition. Two of them had a severe deep cut into the edge of the coin as if someone used a hacksaw on them. They of course accepted my return and replaced them but what if they had said I did it? Yikes! I never buy 24k coins online anymore unless I personally know the dealer. Love the channel :)
Thanks, Chris! Most of the big dealers will accept them back, but it's a pain to return them. Cheers!
You don’t have to cut it open like that. The plastic actually separates along the sides.
Who knew?
Nice video.. So should i buy 1 oz buffalo normal BU from amex or mintdirect coin? i never bought an coin before.
BU from APMEX or JMBULLION would be fine. Most of mine that have dings were from s cheaper seller.
It would be interesting to see the minting process in action on these. I have not seen the same on AGEs either. I assume it is something proprietary with the 24k as you suggest. I visualize machinery cutting, punching, stamping and conveyoring these things at a rapid pace and going into a bin somewhere to then be separated out and packaged bulk into armored vehicles, or just the USPS truck, or carrier pigeon. Perth Mint to U.S. Mint - "Time to step up your game!" The uneven rim on the UHR coin would make me a little bi-polar. Which pole? Well, you can guess. Glad you didn't draw blood getting that buffalo out of the cage. Good for you for understanding modern bullion as just that - bullion.
I'd like to see it as well - I've seen parts of the process, but not the actual strike. The striking press either comes down in a radial arc or the die is on some kind of pivot joint. A straight hydraulic press wouldn't allow this. I blame robots. 😄
I'm sorry, but for the premiums that those coins come with, it's unacceptable. The US Mint simply has poor quality control, and we should expect more from them.
Agreed. On the upside, my local coin shops don't mind at all. Cheers!
@@2is1gold I just got my first RCM Gold Maple Leaf about two weeks ago, and WOW! It's truly remarkable!
I just bought my first Buffalo. Definitely flawed from the mint. Uneven rim.
No biggie. The buffalo's are for avoiding taxes on the sale of bullion when I buy my ocean front house in Mexico.
Nice!
The US mint has been wrought with quality control issues for years. Not just on bullion. The Perth mint seems to have exceptional quality.The US mint has a laughable new security feature. I have since given up on the US mint. Another great video though. 👍
Thanks, Terrence!
@@2is1gold it's those Autobots for the instant reply again lol.
I honestly love the gold in any condition. I went gold panning recently. Got a couple flakes. and to see that raw gold. The radiance, the shine, the purity. It was beautiful.
I've panned a few times too. Lots of fun. Cheers!
The Perth Mint is top notch for quality. I haven't looked at my bullion closely enough to notice any imperfections (I do inspect the proof/high relief) but it's certainly possible for small scratches to be there since they are usually not in capsules when I receive them. Which dealer is the one with poor quality control?
I got five bad items in a row from sd.
@@2is1gold Yeah, I got a scratched up 2019 Gold Liberty from them, and I returned/exchanged it for a better quality one. I'm glad they accommodated 👍 and had the inventory to replace it. Otherwise, I am sure they would have considered the imperfections as acceptable for bullion.
A little 1000 grit will buff that funky edge right out 😉 I just looked at my one and only and yup uneven rim. A quick google search shows people asking about it since atleast 2008 so I would imagine your reasoning is spot on otherwise the US mint probably would have fixed it…. Or maybe that is wishful thinking…
I was thinking a few taps with a hammer. 😅
Where did you buy these from?
The buffalo is fine but rugged coin, where the imperfections add character. Not sure any other coin can do that...
I think so too. The CMLs get a tiny scratch and it bugs me. Cheers!
Glad I found this video, I have an uneven Buffalo and wasn’t sure if I was losing my mind or if it was in fact uneven. Relieved to see this is a common thing
Awesome collection...and the coins are always sweet too but this is the first time I noticed some boss books you got there. I feel like one was there just for me,but that's just my own lil delusions lol!
Hell no, I’d be pissed.
Me to paid all that money and u get filp flop coins I stack 1/10 oz gild coins lunar year ms 69 ms70 for 150.00 a piece
You wouldn't be alone.
You’re a funny guy 😂 bro, when I saw that leaning tower of Piza/coin I couldn’t help but chuckle. I’m from down under & it only makes sense to that majority of my gold are from the Perth Mint & I’ve never had a problem with their beautiful products. The premium from the US mint are already high as they are over there, with the shipping across the pacific it’s just weigh over priced down here. Either way you’ve got a beautiful stacked.
Thanks! Perth Mint is the best Mint in my opinion. You’ve got the good one. Cheers!
I like your channel. You really have great content. Continue making these videos
Thanks!
I like how the US of the most respected makes the most flawed gold coins. It’s a nonchalance of old money that says it’s hand made and we don’t care. But I’m sure some people have lost a few dollars here and there with the finning cracking off. But Buffalo all the way, especially since I see European dealers online saying it’s preferable to the eagle just because it’s 24k
Handmade by robots! 😄
@@2is1gold robot! If there were more than one it might stop the line to fix some things. 2 is 1.
I think the finish helps hide those minor defects. Wouldn’t pay the extra for the mint direct. Honestly with Buffalos, I pick up random dates for the best price. I know you’ve spoke on that, but I don’t mind. As long as it doesn’t look like a cull.
Yeah, random date was the way I’d go too, but the dealers sold through so many that the current date tend to be the cheapest! 😄
Both US Mint gold coins have finning !
Eagles too? I haven't seen that.
The Buffalo does toy with your emotions though. On one hand it's like WTF US Mint?! & on the other the quirks can be overlooked because it is just that good. Perth has their quality game on point.
Agreed!
@@2is1gold I think it's because it's an old nickel replica. Sort of iconic
I got same issues with Buffalo 2021 year
Pretty common. Cheers!
I love your quotes at the end of your videos. This one is one of my favorites so far.
That's great. I like them too. Cheers!
I love your collection of books !
Thanks!
The part that gets me is why pay a higher premium for a lower quality product when compared to a Gold Maple or Brit
Are the 2023 Buffalos uneven like previous years? And even though they are uneven, do they still fit in a capsule?
I only have one 2023. It isn’t uneven at all. Every Buffalo I own fits fine in the direct fit capsules. Cheers!
Have you thought about a video on your folding knifes?
I get yelled at if I do anything other than gold. 😂 I am thinking about it. I'm wondering if I need a separate channel, though. Thanks!
Un bel éventail de pièces. Les pièces d'une once valant plus de 2.000 euros, ce RUclipsur a les moyens, et c'est très bien.
Maybe it’s because they’re 99.9% gold so they’re softer vs the eagle which has some copper to harden and protect it a little
Yeah, for sure.
At 4:50, what is the gouge in the side of the Eagle? I only own Buffs, so is this a normal feature?
That's the only one I've seen with it.
I love your videos because I see myself in some things you say. I love any video you mention crypto. I just bought my first proprty (with help pf morgare of course), crypto si a larege middle finger to the corrupt system and gold & silver are just hypotising (unfortunatelly there is no 1ozt btc pure gold coin with cool design on the market). Crypto is an amazing asset, physical gold & silver is hypnotising and sticks are ... diversification is the key!!!
Yeah, diversification is the way to go. Cheers!
Great video, and interesting comparison. Do you make recommendations on safe and secure reputable dealers for gold buffalos? If so, please share. Thanks!
That's nothing, take a look at the 10 oz silvertown buffalo bar if you want to see a FUBAR'd edge.
I've thought about that First Strike, but never realized what it meant exactly. Thanks for the info 👍
Yessir!
THIS is the video I needed!
Makes me feel good about busting those two BU First Strikes out of their packaging since they’re just BU and nothing more for my stack.
As always: I DO WHAT I WANT!!!
Exactly! YOU'RE NOT THE BOSS OF ME! It's just bullion. These just happen to be more perfect than most. Cheers!
Maples have it all, my overall favorite!😊
They may not be perfect to some, but they’re perfect to me. 👍🏼
🤩
Keep buying and promoting the Buffy Lows. I need the premiums to drop on AGEs.
They have been dropping. You should be happy! 😄
@@2is1gold I am. I just wish you guys pumping Buffy lows could have a bigger impact in the world. Let them premiums for Buffy lows rise and the premiums on the AGEs keep getting lower. I’m loving it. Suckers chasing 24k gold is awesome to watch.
@@thinkforyourself9311 happy to help!
My bu buffalo from apmex won’t snap perfectly in the capsule. But my AGE will!
Sounds about right!
@@2is1gold paid $1883 for buffalo bu during fall. Not bad. From apmex. Now it’s high!!
My one gold buffalo was super rough, i ran my thumb over the ridge and it cut me! Gold is a metal and can be sharp. Never got cut by a maple.
Yep. Finning will give a coin a razor edge. I have one of those.
@@2is1gold New idea for a video…shaving with a buffalo!🤣
Although I revere the American Native Americans, I just can’t bring myself to buying these coins, much less stacking them, in lieu of the simply gorgeous African American Liberty. Her, I would stack to the Moon.
She'd be expensive to stack!
@@2is1gold Too true, which is why I only have two of her. Got both for just under $2500 each.
I just picked up a 1/4 oz maple , same thing here ,thought maybe it got squished .. but ya uneven rim. It was the first one I picked up , was pretty disappointed…I feel a little better after seeing this video lol .thx . What kind of blade if you don’t mind me asking ?
It’s a Holt Haptic. Cheers!
Awesome collection congratulations! What is that beautiful knife?
Very interesting. Thanks for pulling one out of the package and spending that extra $ for science!!!
Doing my part to further humanity!
my totally amateur opinion... I'd agree... you'd have to think that the .999 vs .9999 most likely has an impact on AGE vs AGB quality... which is a shame. you'd think the USM could "figure it out"... but problems seem to be getting worse not any better...
Eagles are 91.67, so they're a considerably harder alloy. I think they're definitely the Mint's focus. Cheers!
Love the channel my brother..🥇
Thanks!!
I wouldn’t give APMEX to much props. Last night 26 Jan 22, they released the st helena cobra. The bullion was 36 change and the proof was 300. Today 27 Jan after the silver market went down 3% the price for both was 37 change and 350. Silver sharks.
lol. market down again on 28jan 1.32%, the price for the cobra is now 42.39. Gotta love apmex strategy.
I say maples Quality Control are better than buffaloes
Absolutely.
Anyone else have Buffalo's in Mint sheets? That's how they used to come when I first started.
I love Buffalos, but I'm enthralled with Perth bullion
Proofs have uneven edges as well trust me I know I have 1
That's wild! U.S. Mint: NFG. 😅
My Britannia is the same. Good description of the slight flaws.
I wondered if it's a wider thing. It reminds me of the milk spotting on their silver. Cheers!
Thank you for the information.
Yeah, thanks for watching!
You got an extra coin😅😂
Are certain years exempt from rim finning or uneven edge? Is it seen more on buffalos from mint sheets or tubed?
I don't have anough to see any pattern.
Despite the few issues with the 2021 High Relief American Liberty ( uneven pressing ) , it’s a fine coin to have in the collection and will be more coveted as time goes by …
I agree. Cheers!
Gold buffaloes looking good. I like the gold pesos more though.
All of them, or a specific coin?
I like all gold. The pesos look super thick and durable to me.
Love the commentary
Why do you think the "Mint Direct" APMEX tubes would provide better coins than the monster boxes of other dealers? They are not selected coins. The Mint Direct really only provides an assurance that the coins are not the non-slabbed returns from a normal dealer mass-grading submission. And, the U.S.Mint has put out notices that with their inventory control system even they cannot determine which coins are "first strikes"... pure money grubbing by the TPGs.
The QA process is more extensive at the start of the run, and the first strike means they’re within 30 days of that start. No particular guarantees beyond that, but any dealer that understands marketing would never package random quality coins as premium. Cheers!
I'm a fan of slabbed UK bullion, but its extremely hard to find examples without faults or scratches from especially bullion dealers but also the royal mint
Just bought one and its scratched :( Dunno where to buy MS69 or MS70
Kooks are my fave!
Awesome comparison 💪🏽💪🏽💪🏽⛽🔥🔥🔥💨
🤜🤛
I don't want no crooked Buffalo!
(Yes, I do.)
Ha! 😅
I love gold Maples and AGEs I also like bars as well
🤜🤛
I was hoping they would have fixed the rim on the 2022s, but just got my first 2022 and nope, rim is still messed up lol. Doesn’t bug me too much, I know buffalos are super liquid no matter what, which is why I like them (also they look incredible)
There's no way they don't know about it. They just must not care. "Do you want the soup or not?!" 😄
thank you dude !!! awesome ...take care as well ...subed dude.
Thanks! Good to have you here!
I don’t see the point of grading modern bullion, seems a waste of time and money to me.
It would help some people be more comfortable if the coin’s authenticity, so it might make them easier to sell online. That’s the only reason I can come up with.
Buffalo for me, love the design.
So what about MAPLE LEAFS 🍁 ?THERE 24K.
They’re very consistent and well made in my experience - one of my favorites for sure. They do show scratches easily, though.