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Bigchilli

Silver kruggerands

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15 minutes ago, fehk2001 said:

So the mint doesn't want to earn more money by having one year only when it is selling this well 

Probably. 2018 silver with slightly bigger privy or different privy , another 100 each person 

If people get burned on this one, then any 2018 will flop.  I have to say this is a real interesting one.  I keep thinking that the gold ones are very low premium, so what is driving the silver ones, particularly when they are so poorly marketed?

Any other thoughts on if this is a one year only deal?

 

Edited by whitesands1

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2 minutes ago, whitesands1 said:

If people get burned on this one, then any 2018 will flop.  I have to say this is a real interesting one.  I keep thinking that the gold ones are very low premium, so what is driving the silver ones, particularly when they are so poorly marketed?

Any other thought on if this is a one year only deal?

 

Greed , one word will explain everything 

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I believe that cionportfoilo and Westminster have there prices wrong...everywhere else seems around £200..

Noone even comes close to there prices..

I originally bought 6 from Lpm who are probably one of the cheapest on pre sales and I still paid £170

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Just had a call coinportfoilo and they confirm my coins have shipped yesterday. The excuse was that they had stock take for the past 2 weeks hence the delay. The same coins are now selling for just under £200 on their website. 

The only issue I have is that they tried to sell me several other coins, including some on interest free finance. I was amazed as I have not heard of this sales mechanism in the coin industry before. The only way this is viable is with a rather large markup above 'normal' price levels. No more bargains to be had here I think.

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36 minutes ago, Sovereign said:

Why would Atkinsons sell it at £95!! 

1 mill mintages

What am i missing ? 

Probably down to how many they've actually received.  They currently have 41 in stock. No idea how many have been sold since they listed but probably not many.  If they're not anticipating getting anymore anytime soon, they'll list high to trickle sell them.

It's really interesting how there is supposed to be 1 million but nowhere seems to be getting any decent quantity.  I know they had production issues at the start but I'd have thought it would be sorted by now.

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Just had a call coinportfoilo and they confirm my coins have shipped yesterday. The excuse was that they had stock take for the past 2 weeks hence the delay. The same coins are now selling for just under £200 on their website. 
The only issue I have is that they tried to sell me several other coins, including some on interest free finance. I was amazed as I have not heard of this sales mechanism in the coin industry before. The only way this is viable is with a rather large markup above 'normal' price levels. No more bargains to be had here I think.

I know someone who ordered 6 over the bank holiday weekend and received them last Thursday.
I had an email this morning saying they had been dispatched already and then an email an hour ago saying they have been dispatched today.
Personally I don't believe a word they say.

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@prophet800 I am somewhat distrustful too, more so after being offered 10 months interest free finance on some gold. Do they know something we don't? :P

I will post here again if/when I receive the coins, but I can confirm that as of the time of this writing, my card has yet to be charged for the order and I am told they shipped yesterday. Lets wait and see. 

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[mention=2870]prophet800[/mention] I am somewhat distrustful too, more so after being offered 10 months interest free finance on some gold. Do they know something we don't? 
I will post here again if/when I receive the coins, but I can confirm that as of the time of this writing, my card has yet to be charged for the order and I am told they shipped yesterday. Lets wait and see. 

Fingers crossed I get them tomorrow. I hope so anyway as I'm starting to get cramp in them as I have had them crossed for 3 weeks now lol.

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42 minutes ago, morezone said:

Probably down to how many they've actually received.  They currently have 41 in stock. No idea how many have been sold since they listed but probably not many.  If they're not anticipating getting anymore anytime soon, they'll list high to trickle sell them.

It's really interesting how there is supposed to be 1 million but nowhere seems to be getting any decent quantity.  I know they had production issues at the start but I'd have thought it would be sorted by now.

As you say. The mint is playing a blinder here, limiting supply and charging 3 times what they are worth. If they keep it up long enough, they'll get through a good proportion of the total production at inflated prices before they have to release the rest at bullion prices. It'll be interesting in the secondary market in a couple of years, with thousands in the hands of people who've paid £50+ ,wanting to sell and keep their premium.

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3 hours ago, sovereignsteve said:

As you say. The mint is playing a blinder here, limiting supply and charging 3 times what they are worth. If they keep it up long enough, they'll get through a good proportion of the total production at inflated prices before they have to release the rest at bullion prices. It'll be interesting in the secondary market in a couple of years, with thousands in the hands of people who've paid £50+ ,wanting to sell and keep their premium.

Have you got your bu version yet or are you are still waiting for 20s range 

i am poor student so I have to wait til the coin in 20s range ;) , for silver 

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36 minutes ago, fehk2001 said:

Have you got your bu version yet or are you are still waiting for 20s range 

i am poor student so I have to wait til the coin in 20s range ;) , for silver 

I've got all I need in proof so won't be touching the bullion, no need to. No money to be made flipping them. maybe when you can get then for 20:unsure:

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Can't believe how the bullion version of this has spiralled. I can't see a logical reason why other than a misplaced feeding frenzy, but I'd be staggered if there wasn't a fall coming. The proof is nice and will have potential, but again, prices have risen too fast.

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Just gave a call to MCM to enquire regarding price for the PF70 and apparently they are expecting prices to go up to $1295 and they are selling it for $995 so expecting large amount of raw coin submission from the community I guess.... But damn you could probably get an ounce of gold with that =..=

Edited by HyHy

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13 minutes ago, SilverSiren said:

I see downies in Australia has some of the proofs for sale for a decent price, even if you factor in shipping costs, at least compared to prices here in the states!

2017 Proof Silver Krugerrand Available

Beautiful!  Thanks @SilverSiren!  I just ordered one.  That's super reasonable especially when the currency conversion works in your favor.  Thanks again for looking out for us.

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