2017 Silver(!) Krugerrand

Discussion in 'Bullion Investing' started by COCollector, Oct 17, 2016.

  1. chrisild

    chrisild Coin Collector

    This "Punzierung" refers to the small jubilee ("50") privy mark.
     
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  3. longnine009

    longnine009 Darwin has to eat too. Supporter

    Are we going to be able to buy these before the next glacier slides across North America?
     
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  4. chrisild

    chrisild Coin Collector

    Maybe so. :) The dealer that I mentioned before now says the issue date will be 15 March. (Yes, this year ...)

    Christian
     
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  5. redcent230

    redcent230 Well-Known Member

    What do you all think the price will be
     
  6. FryDaddyJr

    FryDaddyJr Junior Member


    how much above spot do you figure they're worth?
     
  7. stoster38

    stoster38 Member

    About the same as any other bullion. But these will be marketed as numismatic coins. So will carry a higher premium.


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  8. FryDaddyJr

    FryDaddyJr Junior Member


    so you pay more up front and sell it for spot
     
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  9. redcent230

    redcent230 Well-Known Member

    Thanks for the info's
     
  10. SilverTracker

    SilverTracker Well-Known Member

    I am a fan of the Krugerand coin but paying anything over $2.00 to $ 3.00 for it is something I have to convince myself to do.
     
  11. stoster38

    stoster38 Member

    I'm sure it's going to be way more than that. The coin is going to be marketed/sold as a commemorative/numismatic coin not as bullion.


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  12. Wilycoyote

    Wilycoyote New Member

    I understand there will be 15,000 proofs minted and will MCM
    be getting any of these,thank you
     
  13. chrisild

    chrisild Coin Collector

    The German dealer that I mentioned before currently has a price tag of €37.50 (they would like to sell an entire "Fab Fifteen Collection" of silver coins) and an estimated delivery date of, umm, "in five to six weeks". Will see whether they come before Christmas. :D

    Christian

    silvkrug.jpg
     
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  14. stoster38

    stoster38 Member

    About $40 dollars. I hope it's less but probably would still buy. This would be my first Krugerrand/SA coin


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  15. redcent230

    redcent230 Well-Known Member

    I am plan on buying a few of these as long as the price is right. McM usually are pretty good in pricing, but to them selling in Slab might be much higher than most places.
     
  16. SilverTracker

    SilverTracker Well-Known Member

    Such a hype for this coin. We have been waiting since October 2016 to hear of its North American release. I have lost interest in this one.
     
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  17. Santinidollar

    Santinidollar Supporter! Supporter

    I might want one of the proofs, but I'm guessing with 15,000 mintage, it will be more than I want to pay.
     
  18. stoster38

    stoster38 Member

    So we wait a few more months. Not a big issue for me. Rather have a "problem free" coin versus one with bag/strike marks. [emoji4]


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  19. longnine009

    longnine009 Darwin has to eat too. Supporter

    I bought a gold Krugerrand in 1977. And didn't find out who the fat guy was on the obverse or the name of the leopard chow on the reverse until I got on the internet. So I guess I can wait a bit longer for the silver version. I just don't know why it takes so long to figure out how to package something.
     
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  20. silversiren

    silversiren Active Member

    How interesting, initially they were saying the mintage for the premium uncirculated (or whatever fancy new term they came up with to justify the crazy premium) was 1 millon and now I'm seeing 500,000. I guess someone got the memo that people are not going to scramble to overpay for a silver coin if there are a million expected to be floating around.
     
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  21. Aquahollic

    Aquahollic ֍ E Pluribus Unum ֎

    Just got an email saying they're releasing Monday, March 13.
     
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