2017 Silver Krugerrand your thoughts on investing in these

Discussion in 'Bullion Investing' started by mpcusa, May 12, 2017.

  1. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Just got mine in the mail today :)
     
    Nathan401 likes this.
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  3. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

  4. silversiren

    silversiren Active Member

  5. silversiren

    silversiren Active Member

    Buying 20 today, each would be a total of $45.9 thanks to the 8% ebaybucks May 18-20 promotion we just received. This would be tempting if I didn't have EVERY REASON to think they will be able to be had for far less than $45.90 each if we are willing/able to wait long enough :greedy:
     
  6. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Not planning on buying anymore, just because of the price at $54 not to investment
    worthy from investment coin but still really cool and were not getting any younger
     
  7. silversiren

    silversiren Active Member

    How interesting, you initially seemed focused on investing in them, now you have flipflopped into "buy what you like" mode?
     
  8. silversiren

    silversiren Active Member

    Prices creeping down as expected, about $50 each at sdbullion and jmbullion . . . *SHOCKER* LOL
     
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  9. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    yes, at first but dont think the price will ever drop close to spot, but just having
    a nice example is ok with me :)
     
  10. silversiren

    silversiren Active Member

    You are 100% correct, "the price" (whatever that is supposed to mean) will never . . . EVER come down any more than it already has. if people don't BUY BUY BUY now, they'll all be GOooOOOooOOOne! in 17.3 seconds!
     
  11. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    The meaning, being for example i dont think it will ever come down to like an ASE
    Price but stranger things have happened, wait, let me look in to my crystal ball...LOL
     
  12. silversiren

    silversiren Active Member

    TO THE MOON! WOOT WOOT WOOT, I'm glad I got in at $62 each, these will be $62000000000000000000000 each by this time next week, MARK MY WORDS!
     
  13. Jason.A

    Jason.A Active Member

    I really love these. I purchased one purely for numismatic value. However, I don't think there's much of investment play here. It's very hard to speculate how up or down these will go. My hunch is after the initial hype wears off prices will drop. I'm happy for the one I purchased for myself.
     
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  14. silversiren

    silversiren Active Member

    Everyone should "just buy one for the collection and be very happy" If it sets you back $40,000, that's A OK because you like it and aren't looking to make an investment or anything like that! *WINK WINK*
     
  15. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Me to :)
     
  16. slackaction1

    slackaction1 Supporter! Supporter

    Well, wish I would have read this thread before I bought two for 118.00.... That's the way I roll though buy high sell cheap....but I have dropped more than that at the bar.... now have to go back drown my sorrows..........................again.........
     
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  17. slackaction1

    slackaction1 Supporter! Supporter

    CORRECTION 120.00 as I re-look at purchase order......... take another one down here beer tender............
     
  18. Two Dogs

    Two Dogs Well-Known Member

    American $1 Silver Eagles seem to have the best premium over spot (maybe $1.50 per tr.oz). Maple Leafs and these silver Krugerrands might have a $1 premium, silver rounds may have a $0.50 premium. That's how I look at it. To me, the silver Krugerrand would have the same value as a Canadian silver Maple Leaf...not 3X spot.
     
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  19. SilverSurfer415

    SilverSurfer415 Well-Known Member

    Call me when it is down to around the $30 range.
     
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  20. slackaction1

    slackaction1 Supporter! Supporter

    whats' your
    number
     
  21. Collecting Nut

    Collecting Nut Borderline Hoarder

    All the comments are exactly what I originally said; 3x spot is not an investment, it's a collection.
     
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