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Platinum, Silver Krugerrands for 2017
derryb
Posts: 38,622 ✭✭✭✭✭
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:
"Money does not care about speeches on morality. Capital asks whether the rules will remain the same tomorrow. With inflation, people assume price is the problem, and propose regulation—but price is simply the message." - Martin Armstrong
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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.
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
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.