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"

    Something new always has a premium but like everything else it will come down eventually
     
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  3. goldcollector

    goldcollector Member

    Stay away from silver kruggerands or silver anything for that matter if you are trying to "invest" as the title says. If you like it then sure buy it but don't expect it to be a good investment.
     
  4. goldcollector

    goldcollector Member

    Wasn't it the silver snake a while back, then the silver swan recently, now its the silver krug. What will the next non sense silver gimmick be ? Starting to sound an awful lot like baseball cards always a stupid gimmick to generate excitement for a week or two. Gold doesn't need gimmicks.
     
    silversiren likes this.
  5. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Baseball cards are no fad, and will always be around but like anything else they
    do have there price fluctuations.
     
  6. silversiren

    silversiren Active Member

    I'm beginning to have some buyers remorse. I am thinking we overpaid for the proof silver Krugerrands we bought. Over $80 each is a bit steep for one ounce of silver!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
     
  7. FryDaddyJr

    FryDaddyJr Junior Member

    I warned you it was a gimmick coin
     
    silversiren likes this.
  8. E Pluribus Unum

    E Pluribus Unum Active Member

    Just curious. The 2017 silver Krugerrand was minted for the 50th anniversary of the gold Krugerrand. Is this a onetime deal? Or will the silver Krugerrand continue to be minted on regular annual basis?
     
  9. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    My magic eight ball says yesssss !
     
  10. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    That,s a good question, how about a good answer !
     
  11. silversiren

    silversiren Active Member

    Thank you oh so very much for confirming. If only we'd bought the PU version at $60ish each we'd be making a killing right now flipping them on ebay. As it stands now, paying $80.13 each for the proof version was the worst potential flip play we could have made, a quick look at sold listings verifies that.
     
  12. E Pluribus Unum

    E Pluribus Unum Active Member

    The Krugerrand is a classic, and, now that it's available in silver, I am tempted to buy one. However, if the silver Krugerrand is going to be minted on a regular basis, I'll wait until next year.
     
  13. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I think that,s the million dollar question, however this years has the 50 Privy on it
    And i think there is a limited run of those.
     
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  14. silversiren

    silversiren Active Member

    million mintage answer = BUY BUY BUY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! The ultra low mintage of 1 Million for the *PREMIUM* uncirculated will be gone in a couple of eye blinks, get them while you can!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
     
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  15. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Dont think you understood the question :(
     
  16. silversiren

    silversiren Active Member

    I have it on the highest authority that the 50th anniversary privy mark will be put on all Krugerrands from 2017 onward, because that is what the market demands.
     
  17. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Well forgive me if that sounds a little retarded !! why would you call anything 50th
    Anniversary after that year has past ? it seems talk and actions like that would actually drive down the price :(
    Making something special and then marking it as such and then making a certain
    Quantity would seem the best way to go.
     
    moneycostingmemoney likes this.
  18. Johndoe2000$

    Johndoe2000$ RE-MEMBER

    Just as much as the U.S. mint does.
     
    moneycostingmemoney likes this.
  19. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Sounds like bad business, am i the only one that thinks like that...LOL
     
  20. Johndoe2000$

    Johndoe2000$ RE-MEMBER

    I sense a joke.
     
  21. moneycostingmemoney

    moneycostingmemoney Yukon Coriolis

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