Krugerrrand officially coming in silver next month

[AgAuNEWS]

http://agaunews.com/2017-krugerrand-expands-gold-range-adds-silver-platinum-coins/

A monster fifty ounce gold version and platinum also.

 

[ChrisSilver]

Thanks for sharing.

Not sure why the link wasn't working. Have fixed the URL now so it works.

The gold coins are going to be 22ct? The picture of the gold ones shows 'Fine Gold'

Can you confirm if the proof gold coins will be 22ct opposed to fine gold (24ct)?

[Mcgrimes]

11 minutes ago, ChrisSilver said:

Thanks for sharing.

Not sure why the link wasn't working. Have fixed the URL now so it works.

The gold coins are going to be 22ct? The picture of the gold ones shows 'Fine Gold'

Can you confirm if the proof gold coins will be 22ct opposed to fine gold (24ct)?

My understanding is that they contain 1oz fine gold, but are not .999 pure. They are as you said 22ct

[SoulUK]

I'm liking the new factional gold coins they are doing as well

Gold is .9167,  don't know what ct that is. there is a table showing them all at the bottom of the information page

[GoldBenj]

Like the look of those.

 

FYI .9167 will 22ct gold.

[ChrisSilver]

2 hours ago, Mcgrimes said:

My understanding is that they contain 1oz fine gold, but are not .999 pure. They are as you said 22ct

Surely it is only fine gold if it is is .999 

[motorbikez]

@ChrisSilver

 

I've a few of these Chris & BBP clearly explain fineness

 

Weight (grams): 33.93

Pure gold content (grams): 31.10348

Fineness: 916.7

Dimensions: 32.77mm Diameter x 2.84mm Thick

Krugerrands are the most popular gold bullion coin in the world and offer a great value way to invest in gold. Krugerrands are 22 carat gold, but weigh more than a troy ounce and therefore contain exactly 1 troy ounce of fine (24 carat) gold.

 

[SilverSniper]

2 hours ago, ChrisSilver said:

Surely it is only fine gold if it is is .999 

There is 1 troy ounce of pure 999 gold content, but the coin itself weighs more than an ounce (it's 22ct).

I do understand what you mean.  If they sold sterling silver coins of more than an ounce, can they claim that they are 999 fine silver coins?

[sovereignsteve]

The proof platinum looks great but the bullion silver is a thumbs down from me.

[AgAuNEWS]

As has been said above, the coin is 91.67% gold and 8.33% copper. The coin weighs 33.93g of which 31.1g (1 troy ounce) would be pure gold.

[AgAuNEWS]

Have managed to source some beautiful images of the silver coin. Just waiting on an ok to use them.

[breaktwister]

On 18/10/2016 at 01:18, sovereignsteve said:

The proof platinum looks great but the bullion silver is a thumbs down from me.

Why so Steve?  Aesthetics?

[sovereignsteve]

4 hours ago, breaktwister said:

Why so Steve?  Aesthetics?

Indeed.

The market doesn't need another bland silver bullion coin. This one is a naff design and finish, could almost have been produced by the RCM.

If it's the cheapest bullion on the market, it will sell, but that would be true if it were simply a plain disc of silver.

[Rich99]

I think the coins look great. Will add 10 x silvers to the stack.

[Oldun]

I will probably pick up one or two for the fun of it and because it has a privy 50 mark on it which satisfies the collector bit in me.

[Shinus73]

Update on the silver Krugerrand - mintage will be 500,000.

http://www.coinweek.com/bullion-report/bullion-coins-specialty-categories/south-africa-issues-silver-platinum-krugerrands-50th-anniversary/

[breaktwister]

As a new stacker I plan to add some of these

[Shinus73]

On presale at EMK, not cheap!

https://www.emk.com/en-us/en-us/iksud11720

[Clens92]

10 minutes ago, Shinus73 said:

On presale at EMK, not cheap!

https://www.emk.com/en-us/en-us/iksud11720

Really disappointing - a mintage of 1m might be 'limited', but not limited enough to give it any value over bullion.  I'll wait until they start to milkspot and pick them up at scrap.

 

£35 for a bloody silver bullion coin.  Madness.

[sovereignsteve]

1 hour ago, Clens92 said:

Really disappointing - a mintage of 1m might be 'limited', but not limited enough to give it any value over bullion.  I'll wait until they start to milkspot and pick them up at scrap.

 

£35 for a bloody silver bullion coin.  Madness.

and it comes "loose with certificate of authenticity"

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

[DazUKB]

I was interested in a couple of these but at that price and mintage, no way will i be getting any now. it's hardly an eye catching design either.

[Shinus73]

16 minutes ago, DazUKB said:

I was interested in a couple of these but at that price and mintage, no way will i be getting any now. it's hardly an eye catching design either.

I'm hoping that other dealers will have them slightly cheaper. EMK are great for collector coins, but tend to be more expensive than most for larger mintage bullion issues.

Either way, I'll now only be getting a single, rather than the tube or two I'd been planning on.

[breaktwister]

I'll not be paying anywhere near much over spot for a bullion coin.  The price will come down when it's released.

[Pipers]

I was thinking it was going to be sold as bullion the same as the gold Krugerrand, I was under the impression the price point would be in line with other cheap bullion coins.  EMK might be just trying it on, I won't be buying it at those prices that's just taking the p-ss.  

[wonderhandz]

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