| Author |
 Replies: 9 / Views: 3,199 |
|
|
Valued Member
South Africa
331 Posts |
As I said before it is a very boring coin, I can buy 3 bullion coins for that price! And here where it's made 25miles away they ask $70 USD for it! Mad mad price......but it is the first year of issue could be I whopper in the future. I will just hit the ASE and Libertads more bang for your buck *** Moved by Staff to a more appropriate forum. *** |
|
|
|
Pillar of the Community
United States
3184 Posts |
some people like to collect bullion for fun and buy what they like. I agree with you that I would rather get more quantity for my buck but those krugs do look pretty and I see many bullion stackers with a few.
|
|
Pillar of the Community
Canada
1051 Posts |
When I saw they were coming out, I had to have one, very little thought or logic involved. It's a coin that collectors have wanted since well before it was even slated for production.
|
|
Pillar of the Community
United States
4211 Posts |
Quote:
some people like to collect bullion for fun and buy what they like Yep....guilty as charged. In the US the original issue price was $59 but I noticed JM Bullion now has them for $49. With the high mintage I don't see these appreciating over time sans silver spot rises and falls but I did hear that this is the "premium uncirculated" version and future years will be more of a regular bullion issue. Not as nice as this coin and priced closer to the usual $4 or so over spot. Who knows but I am pleased to own one. It is a very nice coin. Yes, expensive but very nice. |
|
Pillar of the Community
United States
1911 Posts |
I was able to get 3 of them at the very starting of their release and so when sales were still hot I was able to sell two of them for almost double... so I got my one for about spot price. But then again I sold that one as I am going to stick with cheap silver for a rainy day..
|
|
Pillar of the Community
United States
1026 Posts |
US$46.50 delivered with credit card - lowest price thus far: http://www.ebay.com/itm/2017-South-...232314831175I remember the likes of MCM asking US$60 a piece during pre-sale and it's nice to see them drop in price. Once it's down to US$30 I may buy one. :) |
|
Pillar of the Community
United States
3789 Posts |
I say buy it if you like it and want it in your collection, now clearly, I am of the group that while I enjoy collecting, I do like it to get some premium in the future.
This coin might increase in value over time, seeing its the first in a series, but its no guarantee, what I see against it is those high prices it initially sold at and now prices are dripping lower since its presale (NOT a good sign IMO for future increase in value), the mintage is way too high and why did it take the SA Mint so long to bring their product here? Did I mention I loath it when dealers make exclusive deals mints to market their coins?
Ill take the Rwanda series over this coin any day or say a roll of Koalas with 300,000 max mintage
|
|
Pillar of the Community
Canada
6768 Posts |
Kind of "Must have" coin, for being the First year of issue.
But will agree with the previous posters - the design is truly average - we already saw African Springbok silver coin, that resembles almost the same design.
And the price.... CAD 70 for the coin with mintage 1M ?
I really not in rush to get it.
Added:
The "Australian Swan" 1oz coin, I missed only cause didn't want to pay CAD 40 (when it was possible)....such a mistake...but over-hyped Silver Krugerrand imo doesn't go close to the Silver Swan.
Edited by Silveroid
06/12/2017 2:49 pm
|
|
Pillar of the Community
United States
2130 Posts |
I'm guilty of buying one for $60. I think it is a beautiful coin but I only want one as a collector's piece.
|
|
Pillar of the Community
Canada
1051 Posts |
Quote:
But will agree with the previous posters - the design is truly average - we already saw African Springbok silver coin, that resembles almost the same design. It's an exact copy of the gold Krugerrand in silver, as it should be. An unchanging and timeless design introduced in the 1960's and still being used today. |
| |
Replies: 9 / Views: 3,199 |
|
Posted 06/12/2017 04:55 am
