Should I sell my 2008 W BUFFALO $50 1 OZ PROOF gold coin now?

by on 2012/02/18

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 $ 2300, 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 $ 2300 for it now, i'd jump on that now because that seems pretty high.

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