Platinum, Silver Krugerrands for 2017
derryb
Posts: 36,781 ✭✭✭✭✭
2017 Krugerrand expands gold range and adds silver and platinum coins
New silver bullion:
Limited edition (under 2K to be minted) platinum proof:
New gold sizes for 2017:
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
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Comments
1/50th?
I'd go in on a 5oz if gold would drop to under $1200
That 50 oz coin would be very impressive.
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"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
That 1/50 has got to be miniscule.
I'd be in for a silver one to go with my little gold 1/10 I got years ago.
Wow... a 50 ounce coin... impressive....certainly not practical, but impressive. Cheers, RickO
Pretty cool assortment.
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I doubt they will be too popular here in the US. Kruggerrands carry a stigma that carries over from when the US banned importation of these coins due to South Africa's apartheid policies.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
it's the 50th anniversary of the kr
so 1/50 and 50 are on the table.
the story points out that there are 1/2 gram products on the market.
the 1/50th is just a bit more than that.
I suppose a loupe is required for ownership?
they are also making various special sets of various groups of these coins. I imagine some will have a high sticker.
I'm curious as to the premium on these. anything more than 10% over what the mint might charge for a similar coin and I'd probably pass.
I had a call from a customer wondering if we'll be ordering the silver ones. So far that has been the only interest, however the announcement is still quite new.
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I would be interested it only in a roll, if they come in that form, but only if less than the premium of an eagle. I view this as more of the silver round in value.
Nice to know MCM. Thanks for the notice.
Considering platinum too
I'd go in for a roll of the 50 oz., but only if AU drops at least $1, otherwise that's a bit too rich for me.