2017 Silver Krugerrand your thoughts on investing in these

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

  1. moneycostingmemoney

    moneycostingmemoney Yukon Coriolis

    Yessir. Only 1mil minted for 2017 and 2017 is the only 50yr anniversary the Krugerrand will have. I'll probably buy the 75yr anniversary (if it happens).

    How high was the authority that told you they'll be minting the 50yr privy beyond the 2017 series?
     
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  3. SLACKACTION

    SLACKACTION UNION REPRESENTATIVE

    well I received my two kruger like yours today......... 60.00 each.....gimmick or not I have a couple......of the high dollar silver toooooo..
     
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  4. SLACKACTION

    SLACKACTION UNION REPRESENTATIVE

    Who is the man on the backside..... South Africa designer..or who? sure is a pretty minted bullion.
     
  5. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER" Supporter

    That almost looks gold :) so what did you pay for that ? if you dont mind me asking ?
     
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  6. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER" Supporter

    what did they go up ?? paid 54.00 for mine
     
  7. Johndoe2000$

    Johndoe2000$ RE-MEMBER

    JM has them for $49.95 (+tax?) Now.
     
  8. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER" Supporter

    Still way over spot, if they drop in to the $25 range i would buy more :)
     
  9. moneycostingmemoney

    moneycostingmemoney Yukon Coriolis

    I'm pretty happy with it:shame: and not at all. Initially I only wanted to pay 45 for it, but after some thinking I figured I'd probably actually win it around 48. And with recent bidding trends I noticed people go with the figure X.61 so I went for max bid of 48.62 and got it for that. I was telling my stock friend, that loosely follows metals, about it while fishing and he said that it was a hefty premium for and ounce of silver. I said maybe, but this is a bullion piece I felt would also carry with itself a numismatic premium by way of collectibility . Most importantly I wanted to have one and don't plan on dumping it for a quick profit so it became a "how much do you really want one" kind of a deal. On the metals market they will always be valued at spot plus 2-4, but in the numi world I think they will find support around 45. But only time will tell.
     
  10. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER" Supporter

    Yes that is a high premium, however just to have one is really cool they are
    Just awesome eye candy, I m looking to complete a world set of 1 OZ bullion
    Coins already have the Krugerrand and just picked up the maple leaf most
    Are still just above spot prices similar to the ASE.S which I pick up atleast
    10-15 a month among my other PM purchases.




    es
     
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  11. moneycostingmemoney

    moneycostingmemoney Yukon Coriolis

    @mpcusa i like the idea of the world set. I picked up a couple Aussie kangaroos last year. Aside from them, the ones you mentioned and the Chinese SR are there many others in order to complete? I only know about what I've come across on the bay and I'm interested in doing a set now myself
     
    Last edited: Jun 15, 2017
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  12. SilverDemon

    SilverDemon New Member

    I agree , the mark up of slabs is crazy, so I don't buy them .
     
  13. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER" Supporter

    Just got in a few coins yesterday that i will be posting, i think a whole horde of
    ASE,S would be boring, going to do something bold, am going to tray and get
    all the national countries 1 OZ GOLD.SILVER,PLATINUM have just starting doing
    That with the 1/10 OZ coins but there is a HUGE difference in cost at that level !
     
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  14. Johndoe2000$

    Johndoe2000$ RE-MEMBER

    I am also collecting modern world bullion coins. (silver anyway) 1oz., and 10oz. That keeps me busy with all the new stuff, as well as back issues. I definitely couldn't keep up,(or afford) the other bullion types. Although I do have some. The gold, platinum, and others would be a daunting task to say the least. Good luck.
     
    Last edited: Jun 15, 2017
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  15. moneycostingmemoney

    moneycostingmemoney Yukon Coriolis

    Indeed. That would be a very expensive assortment of Bullion. But if that's your goal anyways why not switch them up and get as many different types. Gold is gold and silver is silver, but, like you said, the assortment would make it more interesting than just having a pile of ASEs.
     
  16. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER" Supporter

  17. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER" Supporter

    Looks like me and photo bucket didnt agree on that one !
     
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  18. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER" Supporter

    Here,s my Silver Krugerrand package

    [​IMG]
     
  19. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER" Supporter

  20. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER" Supporter

  21. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER" Supporter

    Just added this to the investment pool today, most of these you can get for the
    Price of an ASE which is cool here,s my maple leaf


    [​IMG]


    [​IMG]
     
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