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What about Kruggerands?

This forum is for discussing hunting and collecting US and Canadian circulation Silver Bullion Coins, other types of minted bullion, and other types of precious and base metal investments other than Bullion Pennies and Nickels.

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What about Kruggerands?

Postby fb101 » Thu Sep 16, 2010 7:48 pm

Talking to a local dealer, willing to do spot+$25 on Kruggerands.
Anybody think Krugerands are a good thing or better to hold out for AGEs?
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Re: What about Kruggerands?

Postby Country » Thu Sep 16, 2010 7:51 pm

Krugs are a good cheaper alternate to AGEs. Dealer buy back should be around spot+$10; dealer sell is in the spot+$25 range. Nothing wrong with them and they are traded worldwide too.
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Re: What about Kruggerands?

Postby UDEric » Thu Sep 16, 2010 9:45 pm

I was checking out the neculo exchange on BD last night, and I noticed that Krugs asking price seemed to be quite a bit cheaper than GAE or Gold Maples. I'm still fairly new to the PM game, but I can remember Krugs being the first gold coin I ever heard of or learned about. Also the only 1 oz. gold coin I've ever held.

In terms of SHTF recognition I would think you'd have no problem at all.
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Re: What about Kruggerands?

Postby beauanderos » Thu Sep 16, 2010 9:46 pm

Nothing wrong with Freddie's... if that was the only gold I could lay my hands on I'd be perfectly satisfied ;)
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