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Posted: 3/16/2017 4:40:48 PM EDT
Anyone purchase the 2017 Silver Kugerand? I think the price is a little steep, but at the moment I'm 50-50 about purchasing one or two. I think the price of the coin will eventually go up, but what do you folks think?
Link Posted: 3/16/2017 5:40:11 PM EDT
[#1]
an ounce of silver is worth spot, maybe a couple bucks over for Eagles, Krugerands etc.

If you think it will be a "collectible" then go for it.  I buy silver for silver, not for some perceived collectors value.

I found one I think for $60.  I can buy 3 oz of Eagles for that.  

If you like collectibles, I have a Franklin Mint set of collectible silver rounds I can let you have at $60 each :)
Link Posted: 3/17/2017 9:46:54 PM EDT
[#2]
$60 seems pretty high. Might buy one just to have it, but wouldn't hope to get purchase price back.
Link Posted: 3/19/2017 11:16:53 AM EDT
[#3]
I bought one of the 70's for the $129. Yeah, most will call me retarded, but I buy them to collect as well as the spot value so there is that. Worst case I'm out $100, best case is that the collectable value holds.

I've wasted much more on much less in my youth. YMMV.
Link Posted: 3/20/2017 9:33:53 PM EDT
[#4]
Id would buy some for about half of the asking price.
No way at $60 per coin.
At that price might as well double down and buy a graded coin.
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