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2017 Silver Krugerrand your thoughts on investing in these
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<p>[QUOTE="ddddd, post: 2835937, member: 22377"]The mintage of the 2017 Silver Proof Krugerrand is 15,000. </p><p>MCM and some other vendors have already certified a large number.</p><p><br /></p><p>Looking at the NGC populations, I see 3,196 graded (1,434 PF 70 Early Releases, 240 plain label PF 70, and the balance made up of PF 66-69).</p><p><br /></p><p>PCGS shows 5 in PR-70, 72 in PR-69, and 6 lower for a total of 83 graded.</p><p><br /></p><p>So a little over 20% of the total mintage has been graded. Given reports of proof boxes coming with the capsule open, there may be less 70s than the pop reports suggest, but we have no way of confirming that. The PR 70 totals could easily double or they might stay about the same. </p><p><br /></p><p>Personally, I would not invest in a PR-70. To me the $700+ price seems unsustainable. I believe MCM initially was asking $995 for the NGC Pf 70 and $695 for the PF 69. Prices are already down from that point and I don't really see them going back up. And if milk spots show up on the proof coins, that would be the nail in the coffin. </p><p><br /></p><p>If one really likes the design, picking up a raw "PU" version at $42.19 provides the least downside risk (it will always be worth at least spot + a few dollars). If one is set on the proof, I would likely opt for a raw one in the original box (inspect it carefully to make sure there are no major issues) or a PF 69 for around $200. My guess would be that the proof will retain a price in the $100-$200 range as long as we don't see a 2018 release with a mintage under 15,000.[/QUOTE]</p><p><br /></p>
[QUOTE="ddddd, post: 2835937, member: 22377"]The mintage of the 2017 Silver Proof Krugerrand is 15,000. MCM and some other vendors have already certified a large number. Looking at the NGC populations, I see 3,196 graded (1,434 PF 70 Early Releases, 240 plain label PF 70, and the balance made up of PF 66-69). PCGS shows 5 in PR-70, 72 in PR-69, and 6 lower for a total of 83 graded. So a little over 20% of the total mintage has been graded. Given reports of proof boxes coming with the capsule open, there may be less 70s than the pop reports suggest, but we have no way of confirming that. The PR 70 totals could easily double or they might stay about the same. Personally, I would not invest in a PR-70. To me the $700+ price seems unsustainable. I believe MCM initially was asking $995 for the NGC Pf 70 and $695 for the PF 69. Prices are already down from that point and I don't really see them going back up. And if milk spots show up on the proof coins, that would be the nail in the coffin. If one really likes the design, picking up a raw "PU" version at $42.19 provides the least downside risk (it will always be worth at least spot + a few dollars). If one is set on the proof, I would likely opt for a raw one in the original box (inspect it carefully to make sure there are no major issues) or a PF 69 for around $200. My guess would be that the proof will retain a price in the $100-$200 range as long as we don't see a 2018 release with a mintage under 15,000.[/QUOTE]
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2017 Silver Krugerrand your thoughts on investing in these
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