Silver kruggerands

[sovereignsteve]

Compared to 500k kookaburra, 300k perth lunar, 300k koala, the price is unjustified.

Most of the RCM animal and bird series were 1m mintage too, and they were classed and sold as bullion. How much do they sell for now?

Ah, but you get a COA! Do they come in a capsule as well?

[DutchStacker]

2 hours ago, sovereignsteve said:

Compared to 500k kookaburra, 300k perth lunar, 300k koala, the price is unjustified.

Most of the RCM animal and bird series were 1m mintage too, and they were classed and sold as bullion. How much do they sell for now?

Ah, but you get a COA! Do they come in a capsule as well?

The silver Krugerrands come in a capsule and with a COA. I have bought and sold one for a Nice little profit. (Some) people are still in the "newbie" fase that they will buy it for a high price meanwhile they will be minted at 1 million. 

 

I do have to say I'm starting to question if that will even happen. In my opinion African mints are having problems delivering in general so it could be they won't make it till 1 million. On the other hand the year is still young and they will have a lot of time to produce a lot of coins. I really like the coin and I hope the price will drop big time so I can pick a few up for cheap ))

[morezone]

What!!! €179 for the Proof 

https://www.emk.com/en-us/new-releases/new-on-stock/krugerrand-1-oz-iksud11721?returnurl=%2fen-us%2fnew-releases%2fnew-on-stock%2f%23iksud11721

 

[pho]

1 minute ago, morezone said:

What!!! €179 for the Proof 

https://www.emk.com/en-us/new-releases/new-on-stock/krugerrand-1-oz-iksud11721?returnurl=%2fen-us%2fnew-releases%2fnew-on-stock%2f%23iksud11721

 

That's ridiculous. The price at the mint is 775 rand which is ~ €57

[MaxShiraz]

I do like the look of this coin, but how do they expect to sell these at such a premium in such a crowded market. With numerous well-established products and a lot of competition, I think it's optimistic to price "Premium Uncirculated" at US$45 and Proofs around US$60. Whatever sells I don't see them maintaining that premium on the secondary market.

[pho]

1 minute ago, shortstack68 said:

Isn't that how dealers make money, alternatively, you could save yourself €122 and head directly to the South african mint website and place an order, or at least i hope that's what i've just done 

I'm all for dealers making money but that's > 200% markup. Would you pay €50 for a bullion kook?

Having said that, I really really want it so if that's the price, I will suck it up and give them my money  

[pho]

Just now, shortstack68 said:

http://www.samint.co.za/collectable-coins/current-range/

I just added my details here and ticked the box for silver proof, not sure what happens next though, i won't be paying  €179 but i don't mind €56 on a 15k mintage

Let me know if you get through. I did that a few weeks ago but there doesn't seem to be a very active customer service at the sa mint  

[morezone]

With such a high price they've probably been given their allocation quota and is much smaller than expected.  Will be interesting to see how this coin is priced once stocks starting filtering to dealers.

[DutchStacker]

I just "placed" my order for the proof also. I do like the design so i don't mind spending 775 rand. They have a weird way to order coins and i doubt i Will be getting it within a month or 2 but oh Well what can you do right lol

[SilverSniper]

On 2/24/2017 at 15:02, sovereignsteve said:

Compared to 500k kookaburra, 300k perth lunar, 300k koala, the price is unjustified.

Most of the RCM animal and bird series were 1m mintage too, and they were classed and sold as bullion. How much do they sell for now?

Ah, but you get a COA! Do they come in a capsule as well?

 

What good is a CoA on a loose coin?  There is no serial number on the coin to match it too.

[sovereignsteve]

5 minutes ago, SilverSniper said:

What good is a CoA on a loose coin?  There is no serial number on the coin to match it too.

Indeed, sarcasm any one?

[SilverSniper]

2 minutes ago, sovereignsteve said:

Indeed, sarcasm any one?

I meant in general, not just with this coin.

[Stu]

32 minutes ago, SilverSniper said:

I meant in general, not just with this coin.

Collectors like 'em. Especially the lower numbered ones. Well worth the extra shekels in my book (extra sarcasm added)

[SilverSniper]

On 2/26/2017 at 12:26, Stu said:

Collectors like 'em. Especially the lower numbered ones. Well worth the extra shekels in my book (extra sarcasm added)

I agree to an extent, but my point is the seller cannot prove the particular coin being sold is associated with the CoA.  There is nothing (like a serial number on both coin and CoA) to tie them together.

[Jonson]

Just as it took time and attention to detail to produce the #GoldKrugerrand, the minting of each #SilverKrugerrand is no different. We are thrilled to soon-offer Silver Krugerrand coins of the highest quality to our many valued customers. 
Make sure you are signed up at ModernCoinMart.com/Silver-Krugerrand to receive an email notification containing another verified update very soon!

[Oystonousted]

On 10 February 2017 at 14:40, morezone said:

Muenzdachs has a PU + Bar set on pre-order at €239.95 + delivery

Ready to ship next month 17 euros to UK apparently. Looks nice although pricey

[SilverSniper]

So it's a coin set in the middle of a bar?  3oz in total?

[Agpanda]

It´s the same as Panda did a few years back

[SilverSniper]

I'm more interested now.

Now the serial number makes sense!!  

[Oystonousted]

56 minutes ago, SilverSniper said:

I'm more interested now.

Now the serial number makes sense!!  

Hi

Yes its 1oz coin and 2oz bar total 3oz. Don't know if the coin detaches or not but there is a serial number stamped on the bar to match the COA.

4 hours ago, Bosse68 said:

It´s the same as Panda did a few years back

How did the sale of that go down? Well received?

 

cheers

[HelpingHands]

On 3/6/2017 at 19:04, Bosse68 said:

It´s the same as Panda did a few years back

There was a kook version too.  I think for 2015 anniversary.

[morezone]

There have been a few issued.  I believe they were issued by BH Mayer Mint in Germany (The Panda one was anyway according to the Canadian Mint).

On 07/03/2017 at 00:03, Oystonout said:

How did the sale of that go down? Well received?

No idea how well they went down but you can still find them at dealers.  Unfortunately I don't know the issue price so can't compare.

[Silveraaron]

[sovereignsteve]

Now we're talking

Wasn't there someone on here trying to sell one for over €100 a few weeks ago?

[montesf1030]

Yeah !!! Waiting for them to become available in the USA