Quote:
Originally Posted by on2wheels52
My take is the Kruggerand sell for the least of the one ounce coins; I sell them for $20 over (spot). A US eagle would go for $40 over, I guess that isn't a whole lot more, %age wise. I don't know why a Krand should sell for $1500, maybe I don't know how to market them.
Jim
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Here's an example of one coin being offered at $1,350 but nothing special about the coin....why the pemium. I will definately look at our local coin shop.
Also, while the Kruggerand may sell for less than the US Eagle, I think Kruggerands do well because its unique in that it is the only coin that has a full oz of pure gold where the others weigh and exact oz but have slightly less gold due to the alloys.
Quote:
Originally Posted by nota
personally I like silver better
as I can see trading a silver dollar [old style big one]
for a can of soup or something else I need
much better then a near $1000 oz of gold
if everything goes real bad
many more silver coins out there too
that said I do have a few gold coins
but they were my mom's charm bracelet
and are keep for that reason alone
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I'd say you have a good point but if it was difficult to use a 1 oz coin, then it would be better for me as I would be less likely to spend it or give it away. But nothing wrong with collecting both.