Did I get a bargain?

drjules · July 22, 2004 3:09AM

I always have my eye out for interesting coins from my birth year (1972) so I picked up this

Silver rand

Anyone got Krause to hand to let me know how much of a bargain this is? I just thought I coudn't go wrong at 99 cents!

Dr J

theboz11 · July 22, 2004 3:27AM

The unc Rand is $10 and the 1/2 cent is $2.50,,, sounds like you did ok

drjules · July 22, 2004 3:33AM

lordmarcovan · July 22, 2004 3:34AM

The 2004 Krause catalogs the 1972 1-rand as KM88, struck in .800 fine silver, with a bullion weight of .3858 oz, which means it has a little more silver than an old U.S. 90% silver half dollar. The coin lists for $6.00 in UNC and $8.00 in Proof. Looks like yours is an UNC.

Even after two and half bucks for shipping, you did just fine. The commemorative cover is a small bonus. I'd beware of PVC in that plastic sleeve, though.

Want a gold 2-rand piece to go with that?

Oh- wait- my 2-rand is a 1980. Oh well.

theboz11 · July 22, 2004 3:42AM

sorry should have noted which Krause,,, 2005 32nd ed

lordmarcovan · July 22, 2004 3:59AM

Hmm. That's a pretty good jump in price from 2004 to 2005.

Was that UNC price or Proof price?

Either way, it was a pretty good buy.

drjules · July 22, 2004 4:08AM

Thanks for the info. I will check out the PVC nature of the holder. Although I have bought a similar French franc cover from the same seller and that was OK.

Dr J

theboz11 · July 22, 2004 4:32AM

Always put on your glasses for the small print,,,, yep that was for the Proof. Unc is $6.00,,, still ok

Did I get a bargain?

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