Krugerrrand officially coming in silver next month

[fehk2001]

50 euros?? Proof ?

[wonderhandz]

2 minutes ago, fehk2001 said:

50 euros?? Proof ?

just got word they are in- but 50 Euros.. not impressed

£45.. sorry and no, dont seem to be proof. any thoughts? 

[Clens92]

Not proof... 60 Euro with CoinInvest.

A marketing fail, if I ever saw one.  They could have made a good, low-premium, bullion smash-hit but they've tried to whack a huge premium on it.  Just stick to what Krugs are good for - stacking bullion at low premiums, with a widely recognised design.

 

Pretty disappointed with this.

[fehk2001]

 

 

 

Sorry this topic has been close due to  inappropriate pricing for human 

[Vacendak]

I have yet to see any on Atkinsons or Chards and it seems there will be some delays:

https://www.moderncoinmart.com/downloads/silver-krugerrand/silver-krugerrand-sa-mint-press-release-delay.pdf

 

[sovereignsteve]

On 11/11/2016 at 13:06, wonderhandz said:

just got word they are in- but 50 Euros.. not impressed

crap coin, high price, walk away.

[Vacendak]

1 hour ago, sovereignsteve said:

crap coin, high price, walk away.

Well, can't get any clearer than that I guess!

 

[fehk2001]

2 hours ago, sovereignsteve said:

crap coin, high price, walk away.

Hey man be polite ? 

S coin / fk price / p off 

Are better way to say it 

[SilverSniper]

On 02/11/2016 at 23:38, sovereignsteve said:

and it comes "loose with certificate of authenticity"

they're taking the piss, been taking lessons from the RM

How can an un-serialised coin have a CoA?  i.e. How can anyone prove the CoA coincides with the coin being presented??

[sovereignsteve]

2 minutes ago, SilverSniper said:

How can an un-serialised coin have a CoA?  i.e. How can anyone prove the CoA coincides with the coin being presented??

marketing gimmick, a pathetic attempt to give the coin some aura of exclusivity and justify it's high price. The profit on these things will be phenomenal; low production costs due to extremely high mintage.

If it's being produced in the RoSA that will explain it, lots of politicians to take their cut!

[Stu]

Let's bring back an old fashioned boycott. " I, ain't gonna play, Sin City"

[Vacendak]

13 hours ago, Stu said:

Let's bring back an old fashioned boycott. " I, ain't gonna play, Sin City"

Well, that brings back memories. I had to check, but 'twas 1985.

[Jonson]

2017 Silver Krugerrand - link :                            

 

https://www.moderncoinmart.com/silver-krugerrand/

 

First look at the Silver Krugerrand test strike!☎☎☎☎☎

 

 

 

[sovereignsteve]

They're really pushing this overpriced lump of bullion.

[Stu]

 

 

[danmc82]

What saddo stands there and videos it for 23 minutes?

2 hours ago, sovereignsteve said:

They're really pushing this overpriced lump of bullion.

Is there a definite price for it then?

[sovereignsteve]

there was a price or 2 mentioned in a previous post about it. was something ridiculous for a 1m mintage 1 oz bullion coin, about twice it's fair price maybe.

but it's silver premium uncirculated

so that's allright then!

[motorbikez]

8 hours ago, danmc82 said:

What saddo stands there and videos it for 23 minutes?

Is there a definite price for it then?

From the off EMK have had it listed for 59 euros, which is ridiculous for a bullion coin with a mintage of 1 million coins, you do get a cert though LOL.

[motorbikez]

31 minutes ago, shortstack68 said:

EMK is sold out, someone has lost the plot, i've seen them on a dealers site for €69,50, if thats the price of the bullion coin i wonder what they'll tout the proof at, €250?

Yes I know they are sold out or possibly EMK sent them back because of quality issues. SAMint have had quality problems with the coins & are no longer quoting prices on their own site. I  emailed  SAMint twice around 2 months ago re buying directly from them, as it worked out at around £35 per coin. They had them advertised on their site @600 rand I have had no response so I think I'll forget about bullion version.

If you are right & proof is 250 euros I'll forget about that as well, at 100 euros I'd buy one as I like the iconic design SAMint never quoted a price for the proof version, so it will be interesting to see how much it will be.

[sovereignsteve]

They melt easily

[Jonson]

15 hours ago, Jonson said:

2017 Silver Krugerrand - link :                            

 

https://www.moderncoinmart.com/silver-krugerrand/

 

First look at the Silver Krugerrand test strike!☎☎☎☎☎

 

http://world.mintnewsblog.com/2016/12/north-american-release-of-silver-krugerrand-delayed-due-to-shipment-damage/

 

 

 

[sixgun]

i like the look of the coin but not this jacked up price. 

Wait to see what happens. i expect after the fanfare and trumpeting dies down there will be some better deals in the aftermarket.

[Vacendak]

The irony being that the orignal Krugerrand (gold version) was designed to be "cheap" as in close to spot.

I was interested out of curiosity and expected that thing to be priced like a Britannia. I guess I shall stick to a few Noah's Arch and the odd Lunar for diversification.

 

[motorbikez]

@Vacendak Yep I get the irony, the 1oz gold Krug is probably the best known gold 1 ozer in the world & as it is easily recognised the world over, it is easily traded & sold close to spot.

SAMint are obviously trying to do the same as other world mints & milk the collectors but the price they are/were pitching a 1 million run of bullion coins is going to backfire badly IMHO.