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2017 Silver Krugerrand your thoughts on investing in these
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<p>[QUOTE="E Pluribus Unum, post: 2835843, member: 74265"]That would explain it. Thanks.</p><p><br /></p><p><br /></p><p><br /></p><p>I just bought the silver Krugerrand from the same vendor in the link provided above. Ordered it Wednesday and received it today - that was lightning fast. It is still way above spot, but I didn't buy it as an investment. I just had to have it in my collection.</p><p><br /></p><p>While on the topic, I am considering to get a high grade proof coin, but the prices for a proof silver Krugerrand are astronomically high. In the late 1990's, I began to collect PCGS graded modern PR70DCAM coins. It was kind of a fad at the time. I bought a 1981 Type 2 SBA dollar for over $2,000. At that time, there were only 22 in that grade, and that was the going rate at that time. Thank god I sold it. Nowadays, PR70DCAM coins are a dime a dozen compared to late 90's. I still have many proof 70s from that time and took a great loss. Anyway, as the population of PF70UC silver Krugerrands increases, are the prices expected to fall? Or is the mintage low enough to keep its value in check? I realize the answer to this question is speculative, but I would like to hear your thoughts.[/QUOTE]</p><p><br /></p>
[QUOTE="E Pluribus Unum, post: 2835843, member: 74265"]That would explain it. Thanks. I just bought the silver Krugerrand from the same vendor in the link provided above. Ordered it Wednesday and received it today - that was lightning fast. It is still way above spot, but I didn't buy it as an investment. I just had to have it in my collection. While on the topic, I am considering to get a high grade proof coin, but the prices for a proof silver Krugerrand are astronomically high. In the late 1990's, I began to collect PCGS graded modern PR70DCAM coins. It was kind of a fad at the time. I bought a 1981 Type 2 SBA dollar for over $2,000. At that time, there were only 22 in that grade, and that was the going rate at that time. Thank god I sold it. Nowadays, PR70DCAM coins are a dime a dozen compared to late 90's. I still have many proof 70s from that time and took a great loss. Anyway, as the population of PF70UC silver Krugerrands increases, are the prices expected to fall? Or is the mintage low enough to keep its value in check? I realize the answer to this question is speculative, but I would like to hear your thoughts.[/QUOTE]
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