Kruger Rand

**tec0** · 11-Jun-12, 08:56 AM

Originally Posted by Kevinb

Ok tec ...... if you think you are right.

In case you forgot ..... we were talking KRUGER RANDS ..................... and that is what I replied to!

Good morning Kevinb, Please be advised that that I did indeed edited my post. Gold coins are connected to the gold market but they can fall into the same trap as standard collectible coins.

A coin's rarity is directly connected to its provenance firstly and secondly its quality and so on. If a low quality coin has a good provenance and there is not many around they will enjoy a high collector's value.

Sadly circulation coins do take a long time to build a reputation and the scarcity factor needs to be addressed. Thus the time factor. Example coins that are a 100 years old and older will enjoy a higher collectors value.

As for gold coins, the same is true… If there are many of them and they will be connected to their gold value not collectors value. The Mandela gold coins was a collectible.

Depending on time date artist and number made can be artificially regulated to an instant collectible. Thus they are worth more.

KRUGER RANDS became highly collectible at first then it became a way to own gold. Today they are in high demand and thus more coins are stamped. This will satisfy the market but because of the high numbers that was made, they may enjoy a "lower" collectors value but still a good gold value.

**Just Gone** · 11-Jun-12, 09:18 AM

Yes I see you have a habit of typing one thing, then when someone replies or reacts, you edit your post.

I have no interest in gold coins, so have not even read your complete post - I merely originally stated I have a friend that makes lots of money from Kruger rands and Mandela coins.

**tec0** · 11-Jun-12, 09:39 AM

Originally Posted by Kevinb

Yes I see you have a habit of typing one thing, then when someone replies or reacts, you edit your post.

You are in invisible mode I cannot see you browsing the site, I actually lost my connection while editing my "anger" out of the post as you always aim to provoke... Then you try and make me look bad? By the time I was done I had to reconnect and "saved" At that time you already posted yours. It is a oversight that I have no control over. In words it happens. Why you would always assume the very worst is beyond me.

That said if you wish to continue in this bickering session please PM me and continue it there.

Thank you.

**wynn** · 11-Jun-12, 10:41 AM

The nickel in the original R5 coin is worth a lot more than the face value of the coin today!

It is a pity I didn't collect a few 44gallon drums of them when they were around.