2017 Silver Krugerrand your thoughts on investing in these

I think its just another way to try and make it seem special, kind of like TPG,S
who put on the case terms like "First Strike, or Early release, just a bunch of
Non sense !

 

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I bought one when it first went on sale and overpaid. I still have no issue with buying the raw coin. I collect bullion from different world mints. Every year I purchase the new coin releases from the regular mints from around the world but I believe I will only be buying this release from South Africa one time due to the price. Most of the other countries that offer a yearly release are more reasonable with their pricing. Just enjoy looking for new releases like the Ukrainian Archangel.

 

You will find, most of the time that coins that just come out will go for a big
Premium once they are around for awhile the price drops fairly fast

 

Down to $42.19

http://www.ebay.com/itm/2017-South-...OA-/232446521497?_trksid=p2349526.m2548.l4275

It's taking longer than I thought to get under $40

 

MCM finally removed that ridiculous PU Krugerrand from left side of their main site logo, so it's only a matter of time now LOL

 

Still not realistic for investment, would have to get down to ASE prices and
That,s a long way off, if at all, but if it ever does i will be the first in line

 

I'll be right there with you when prices are between $20-$25

 

The Krugerrand is my favorite be it Silver or Gold, and it would be great to replace
my ASE,S with them, as i buy about 25 a month and a 10 oz silver bar on top
of that, and maybe some Gold if there,s enough left in the budget, here are a couple
of my examples.

 

Learned my lesson the hard way as usual......I paid way to much for the Silver Kruggers........ kind of a embarrassed to say what I paid for them.... never break even on them or come close BUT THEY ARE BEAUTIFUL I MUST SAY............ but I will just eat the loss and move on.. 60.00 don't laugh.. I hear ya!!!!

 

you really have to consider future silver prices here, I would think that silver
Could make it up to the $25 dollar range, but not much past that unless there
Was a severe manipulation of the market, so i base most of my purchases on
that number unless there is something i really have to have.

 

Well i paid $52 for my one and only silver krugger, like anything prices usually
Drop, next year when the 18,s come out these should be allot lower i mean the
50 privy (17) maybe cheap enough to invest in

 

I'd be very surprised if there even IS a 2018 silver Krug. I think it's a one off.

 

At this point, it might be more likely that Silver reaches $25 before this coin gets that low. If Silver hits $25, I would up my range to $27-$32.

 

The silver Krug will NEVER be a basic bullion coin. It is intended to mark the 50th anniversary of the gold Krug, nothing more. In that regard, it is as much a commemorative as those asinine dimes, quarters and halves were dated 2016. One part commem and one part bullion.

 

It,s my understanding that they will continue to mint the Krugger with the 50 privy
atleast through the next year and beyond, the price has already dropped a great
deal from $70 to $43 again when the 2018,s are released the price will drop further
At this rate it will become a viable investment vehicle.

 

It's a shame, they and the companies that marketed the coin, definitely gave the impression it was a one year only celebrating the 5oth anniversary of the Krugerrand.

 

That,s a fantastic coin for sure ! just love it, however not a big fan of getting a
Bullion coin graded, just really tough to get that premium back especially since
The prices have dropped so dramatically, I can remember a short time ago
when they first came out "Raw examples" were over $70 ! now you can get
Them for around $43 and some change, even though it,s a 70 that price has come
Down as well, but if you just wanted to get a high grade example that,s fine to

 

I originally decided not to buy the silver Krugerrand, but, as a coin collector, I decided to go ahead and buy a certified silver Krugerrand. I was looking on eBay and noticed that most of certified silver Krugerrands are slabbed by NGC. I was always partial to buying PCGS graded coins; however, by comparison, there aren't as many silver Krugerrands in PCGS slabs as there are in NGC slabs. Why is that?

 

A majority are in NGC holders because MCM was the official distributor of the coins and they have a closer relationship with NGC (the two are practically across the street from each other).

 

A little birdie told me they will continue to mint these, why wouldnt they ? obviously
Its a popular coin, there would be no reason to cease production.