Who has Krugerrands?

Discussion in 'Bullion Investing' started by Nats, Jun 26, 2012.

  1. JBGood

    JBGood Collector of coinage Supporter

    I have one krugerrand and it's a little darker than my maples and eagles. I'm assuming this is because it's older (1981) than my others? It's a pretty coin though.
     
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  3. ahearn

    ahearn Member

    If you want a gold Kug because it is beautiful, then go for it. But if you are buying because you think it's a good investment, don't. Gold prices are very volitile at this time, and into the foreseeable future, such that any investment in gold coins is a big risk.
     
  4. sunflower

    sunflower New Member

    Krugs:
    1/10 oz - 52
    1/4 oz - 2
    1/2 oz- 0 (yet)
    1 oz - 6

    Percentage wise to other gold bullion, I would say I have a bit partial to Kruggerrands. I did not consider politics, nor price so much. I was strickly sold on the coin. The animal is very graceful. I like how the coin ages in circulated condition also.

    For what it is worth, I like Mexico's 50$ Peso a lot also.

    Of the modern gold Bullion that I have a sample of, Kruggerands are at the top of the list. I also had a dream a few years ago that the Krugs were going to be very collectible due to changes or a cease in production. Just a odd dream, but it caught my attention. That dream might be from 2008 or 2009, and the coins continues to be produced today.

    Like others, I like the lower Premium that is associated with the coin from time to time. With all that said, my first preference in gold bullion are the pre-1933 Liberities. I like the denominations of $20, $10, and $5. Sometimes the premiums have been close enough to modern bullion which is an added bonus.

    In my opinion, I would go for it if you can get the coin at a competitive price and from a reputible source, and you plan to keep it.

    Enjoy your Kruggerand if that is what you happen to get. Lastly, I would be buying 1/2 oz and 1/4 oz right now due to the speculative chance that mintages could fall in your favor.
     
  5. ocjoe949

    ocjoe949 Active Member

    I like the coin... I have a 1982 1/4 oz that I almost sold today...but after looking at it for a while, I decided not to part with it. I was offered Melt plus $20.00, so nothing killer, but fair. I will keep it and probably own another. Just depends what you like. My problem with anything smaller than 1/4 oz is that the premiums start getting stupid. If you look hard enough you can get a 1/4 oz krug for $400.00 right now or less. A 1/10 is 165.00 ish or more. If you can afford it stick with 1/4 or more.
     
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