Discussion in 'Bullion Investing' started by vest007, Jul 31, 2013.
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to the 78,79, but I love Krugerrands have many common dates and the hard to get.
what ever the year, Good Choice
lucky and picked it up at my LCS this
is also my youngest sons birth year.
have allot of the 75, 78, 79 coins which are very common and get at current bullion prices but was really lucky to get the 91 at just spot, the 1989 cost me $400 over
spot so not the best deal, and that population is in the 300,000 range ! but where
are they ? that is actually fairly low for Krugerrands actually, but moving thru 91-2006 the populations are stupidly low many years are under 20,000 , things improve
a bit 2007 -2013 but they stopped keeping records after that not sure why ?
1st full year of availability in the U.S. once Pres. Ford OK'd gold ownership by individuals by rescinding the notorious FDR EO.
The Krugerrand got blacklisted during apartheid; after that, new coins gained in popularity: American Eagle, Chinese Panda, Maple Leaf, Buffalo, Philharmonic, etc.
Premium for Krugerrand is smallest among bullion coins listed in BARRON'S for decades. Krugerrand @ 4.5% premium.....Maple Leaf, Mexican Peso, and U.S. Eagles @ 7.0% premiums.....Austria Crown and Philharmonic @ 3% and 5%, respectively.
Peso must be older coin over 1 ounce....not sure why they don't switch to Libertad.
At my LCS no, they charge me the same
what ever year, but they have allot of
commons to which you wouldn’t pay a a premium on anyway but bullion provider like APMEX you do pay more for the lower mintages.
You will pay the premium on the front end or the back, regardless of what coin
you choose, my Krugerrand’s are my life
event coins and now, trying to collect
every year ! it’s not so much the cost
but the availability of certain years 1991-
2007 especially allot of those are under
25,000 with world wide distribution
that’s not to many.
I already have allot of AGE 1,2 raw and
graded also buffalos and libertads, now
there’s a coin with a huge premium ! if
you took that in to a coin store I doubt
if you would even come close to getting
That premium back around $2,300 out
the door at APMEX as of this writing.
Also not a big fan of the maple leaf a
beautiful coin but they are heavily discounted for scratches or dings.
Yep, got the idea from you!
Come on everyone like them so.Africa coins
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