Kruggerand question

golddustin

My family has inherited about 20 1oz Kruggerands, which are all (except one 1975) 1976 dated unc. examples. Most all coins appear to be MS65 and some higher. Is there any added value to a K-rand being certified higher than MS66? There are some very nicely struck coins with clean BU surfaces.
Also, we planned on just selling for bullion prices - when checking my Krause, it lists prices as bv+5% .... is that accurate? Or do dealers expect to pay melt value only?

Thanks for any info.

Stork

Krugerrands are the most bullion-y of the bullions, bringing the lowest premium over spot. CNI gives good prices, you can use this as a negotiating point with your local dealers if you want. Apmex gets good reviews from board-members too if you decide to go the on-line route.

I probably come as close as there is to a 'bullion-collector' (yes I have a bullion type set underway) and I wouldn't pay more than an extra $20 for an MS-69 or better if that tells you anything .


Cathy


Cool inheritence by the way!

golddustin

Thank you, Cathy. A wealth of info in one post! I figured that somebody collected high grade Kruggerands, since just about every other bullion coin has been slabbed in MS68 & up. As far as the inheritance, that is just a small part! Tons (well, not exactly TONS, but lots) of silver in rolls, and some other foreign gold coins. A very neat inheritance for me, the numismatist of the family!