SOUTH AFRICAN GOLD COINS: KRUGERRANDS, BIG 5, PRESIDENT NELSON MANDELA!

SOUTH AFRICAN GOLD COINS: KRUGERRANDS, BIG 5, PRESIDENT NELSON MANDELA!

Post by Fred A. Murph » Fri, 26 Jan 2001 08:20:43




Quote:
> INVESTGOLD is a remarkable Gold Coin Dealer in South Africa.

> We deal mainly in the following South African gold coins:
> (a)    KRUGERRANDS - I do believe that Krugerrands are well known to the
> rest of the world.

> (b)    BIG FIVE - these remarkable gold coins are unbelieveably popular to
> the overseas tourists visiting our country. The Elephant '96 & Buffalo '97
> have both won international awards as the world's most beautiful designed
> gold coins, and the Leopard '98 as the world's most popular gold coin.

> (c)    MONARCH OF AFRICA - The Kudu '99 (the King of the anthelopes) has
> won
> an award as the world's most beautiful designed gold coin. Also available
> is
> the Sable (Queen of the anthelopes) minted in 2000 and this year will be
> the
> Gemsbok (Prince of the anthelopes).

> (d)    PRESIDENT NELSON MANDELA - Gold coins/medallions were minted of
> this
> well known world figure and one of the great statesmen of the 20th
> century.

> These are just some of the gold coins we advise our investors to invest in
> due to the rarity and popularity of them.

That should prove what a disservice you are doing for your customers.  Of
your four listed, the only items we've had anyone ask about in 30+ years of
dealing in gold was the krands, and they are the worst-selling bullion gold
coins.  They are also one of the commonest bullion coins out there.  So much
for the "rarity and popularity" of your offerings.

--

If you're interested in discussing possible creation of a new online
auction newsgroup, please see the thread entitled "RFD: misc.business.
online-auctions.discuss", currently posted in news.groups. Thank you!
It also appears in RCC and alt.marketing.online.ebay

 
 
 

SOUTH AFRICAN GOLD COINS: KRUGERRANDS, BIG 5, PRESIDENT NELSON MANDELA!

Post by Investgol » Sat, 27 Jan 2001 05:04:43


I am really sorry that you feel that way about South African gold coins. You
are the first person giving us such a response.

Did you know that Krugerrands are one of the world's most popular and well
known gold coins? If you feel so bad about the Big 5 & President Nelson
Mandela gold coins/medallions, then why are they in such a big demand to so
many of our international clients and to tourists visiting our country! Why
then have we received 3 telephone enquiries today from the USA & 2 from
England due to our e-mail of which you have responded so negatively - your
response was the ONLY negative one we have ever received on the internet.

Do you know what the Big 5 is and who President Nelson Mandela is?



Quote:


> > INVESTGOLD is a remarkable Gold Coin Dealer in South Africa.

> > We deal mainly in the following South African gold coins:
> > (a)    KRUGERRANDS - I do believe that Krugerrands are well known to the
> > rest of the world.

> > (b)    BIG FIVE - these remarkable gold coins are unbelieveably popular
to
> > the overseas tourists visiting our country. The Elephant '96 & Buffalo
'97
> > have both won international awards as the world's most beautiful
designed
> > gold coins, and the Leopard '98 as the world's most popular gold coin.

> > (c)    MONARCH OF AFRICA - The Kudu '99 (the King of the anthelopes) has
> > won
> > an award as the world's most beautiful designed gold coin. Also
available
> > is
> > the Sable (Queen of the anthelopes) minted in 2000 and this year will be
> > the
> > Gemsbok (Prince of the anthelopes).

> > (d)    PRESIDENT NELSON MANDELA - Gold coins/medallions were minted of
> > this
> > well known world figure and one of the great statesmen of the 20th
> > century.

> > These are just some of the gold coins we advise our investors to invest
in
> > due to the rarity and popularity of them.

> That should prove what a disservice you are doing for your customers.  Of
> your four listed, the only items we've had anyone ask about in 30+ years
of
> dealing in gold was the krands, and they are the worst-selling bullion
gold
> coins.  They are also one of the commonest bullion coins out there.  So
much
> for the "rarity and popularity" of your offerings.

> --

> If you're interested in discussing possible creation of a new online
> auction newsgroup, please see the thread entitled "RFD: misc.business.
> online-auctions.discuss", currently posted in news.groups. Thank you!
> It also appears in RCC and alt.marketing.online.ebay


 
 
 

SOUTH AFRICAN GOLD COINS: KRUGERRANDS, BIG 5, PRESIDENT NELSON MANDELA!

Post by Blain » Sat, 27 Jan 2001 10:59:06


Isn't he the guy whose wife is in prison


Quote:
> I am really sorry that you feel that way about South African gold coins.
You
> are the first person giving us such a response.

> Did you know that Krugerrands are one of the world's most popular and well
> known gold coins? If you feel so bad about the Big 5 & President Nelson
> Mandela gold coins/medallions, then why are they in such a big demand to
so
> many of our international clients and to tourists visiting our country!
Why
> then have we received 3 telephone enquiries today from the USA & 2 from
> England due to our e-mail of which you have responded so negatively - your
> response was the ONLY negative one we have ever received on the internet.

> Do you know what the Big 5 is and who President Nelson Mandela is?




> > > INVESTGOLD is a remarkable Gold Coin Dealer in South Africa.

> > > We deal mainly in the following South African gold coins:
> > > (a)    KRUGERRANDS - I do believe that Krugerrands are well known to
the
> > > rest of the world.

> > > (b)    BIG FIVE - these remarkable gold coins are unbelieveably
popular
> to
> > > the overseas tourists visiting our country. The Elephant '96 & Buffalo
> '97
> > > have both won international awards as the world's most beautiful
> designed
> > > gold coins, and the Leopard '98 as the world's most popular gold coin.

> > > (c)    MONARCH OF AFRICA - The Kudu '99 (the King of the anthelopes)
has
> > > won
> > > an award as the world's most beautiful designed gold coin. Also
> available
> > > is
> > > the Sable (Queen of the anthelopes) minted in 2000 and this year will
be
> > > the
> > > Gemsbok (Prince of the anthelopes).

> > > (d)    PRESIDENT NELSON MANDELA - Gold coins/medallions were minted of
> > > this
> > > well known world figure and one of the great statesmen of the 20th
> > > century.

> > > These are just some of the gold coins we advise our investors to
invest
> in
> > > due to the rarity and popularity of them.

> > That should prove what a disservice you are doing for your customers.
Of
> > your four listed, the only items we've had anyone ask about in 30+ years
> of
> > dealing in gold was the krands, and they are the worst-selling bullion
> gold
> > coins.  They are also one of the commonest bullion coins out there.  So
> much
> > for the "rarity and popularity" of your offerings.

> > --

> > If you're interested in discussing possible creation of a new online
> > auction newsgroup, please see the thread entitled "RFD: misc.business.
> > online-auctions.discuss", currently posted in news.groups. Thank you!
> > It also appears in RCC and alt.marketing.online.ebay

 
 
 

SOUTH AFRICAN GOLD COINS: KRUGERRANDS, BIG 5, PRESIDENT NELSON MANDELA!

Post by William H. McIntyr » Sat, 27 Jan 2001 11:56:01


Gentlemen, I thought that coins had nationality only in the fact that they are
mediums of exchange or an exchange of intrinsic worth.  South Afrikans will be
rightly judged in the hereafter.

A gold coin does not know from where it came.  If you melted the coin down it
would take a very astute metalourgist to devine its origins.  A normal person
much less a coin collector should be a judge of one coin over another.  After
all our choice whether a kangeroo,  bear, maple leaf or US gold is what we want
and are prepared to pay for.

Our hobby is  multinational in nature.  The less we attach politics to our hobby
the better off we are.

Bill McIntyre
Member, Numismatics International   LM 104

Quote:

> Isn't he the guy whose wife is in prison



> > I am really sorry that you feel that way about South African gold coins.
> You
> > are the first person giving us such a response.

> > Did you know that Krugerrands are one of the world's most popular and well
> > known gold coins? If you feel so bad about the Big 5 & President Nelson
> > Mandela gold coins/medallions, then why are they in such a big demand to
> so
> > many of our international clients and to tourists visiting our country!
> Why
> > then have we received 3 telephone enquiries today from the USA & 2 from
> > England due to our e-mail of which you have responded so negatively - your
> > response was the ONLY negative one we have ever received on the internet.

> > Do you know what the Big 5 is and who President Nelson Mandela is?




> > > > INVESTGOLD is a remarkable Gold Coin Dealer in South Africa.

> > > > We deal mainly in the following South African gold coins:
> > > > (a)    KRUGERRANDS - I do believe that Krugerrands are well known to
> the
> > > > rest of the world.

> > > > (b)    BIG FIVE - these remarkable gold coins are unbelieveably
> popular
> > to
> > > > the overseas tourists visiting our country. The Elephant '96 & Buffalo
> > '97
> > > > have both won international awards as the world's most beautiful
> > designed
> > > > gold coins, and the Leopard '98 as the world's most popular gold coin.

> > > > (c)    MONARCH OF AFRICA - The Kudu '99 (the King of the anthelopes)
> has
> > > > won
> > > > an award as the world's most beautiful designed gold coin. Also
> > available
> > > > is
> > > > the Sable (Queen of the anthelopes) minted in 2000 and this year will
> be
> > > > the
> > > > Gemsbok (Prince of the anthelopes).

> > > > (d)    PRESIDENT NELSON MANDELA - Gold coins/medallions were minted of
> > > > this
> > > > well known world figure and one of the great statesmen of the 20th
> > > > century.

> > > > These are just some of the gold coins we advise our investors to
> invest
> > in
> > > > due to the rarity and popularity of them.

> > > That should prove what a disservice you are doing for your customers.
> Of
> > > your four listed, the only items we've had anyone ask about in 30+ years
> > of
> > > dealing in gold was the krands, and they are the worst-selling bullion
> > gold
> > > coins.  They are also one of the commonest bullion coins out there.  So
> > much
> > > for the "rarity and popularity" of your offerings.

> > > --

> > > If you're interested in discussing possible creation of a new online
> > > auction newsgroup, please see the thread entitled "RFD: misc.business.
> > > online-auctions.discuss", currently posted in news.groups. Thank you!
> > > It also appears in RCC and alt.marketing.online.ebay

 
 
 

SOUTH AFRICAN GOLD COINS: KRUGERRANDS, BIG 5, PRESIDENT NELSON MANDELA!

Post by zo.. » Sun, 28 Jan 2001 01:29:18


Quote:

> your four listed, the only items we've had anyone ask about in 30+
> years of dealing in gold was the krands, and they are the
> worst-selling bullion gold coins.  They are also one of the commonest
> bullion coins out there.  So much for the "rarity and popularity" of
> your offerings.

Fred,

I certainly don't mean to imply that you are being dishonest about
your gold experience, but it seems like you are being a little hard
on the Krugerrand.  The Krugerrand introduced the concept of a
"bullion" coin, and was the only choice for most of the 70's and
into the 80's.  It is the most popular bullion coin in the world,
and probably second only to the British Sovereign as the most
exchangable gold coin worldwide.

Your message itself is inconsistent.  It wouldn't be possible for
the Krugerrand to be simultaneously the "worst selling" and the
"commonest".  Granted, it seems to have fallen out of favor in the
US market, with the availability of the Eagle and the Maple.

Cheers,
Zoofa!

Sent via Deja.com
http://www.deja.com/

 
 
 

SOUTH AFRICAN GOLD COINS: KRUGERRANDS, BIG 5, PRESIDENT NELSON MANDELA!

Post by Investgol » Wed, 31 Jan 2001 04:34:44


Thank you for a possitive reply.
I wish everybody knew enough about the gold coin trade and specifically
about the collectors value of rare coins.

Please feel free to visit our website at www.investgold.com to find out more
about South African gold coins.

Regards

Gerrit Schwartz



Quote:
> Gentlemen, I thought that coins had nationality only in the fact that they
are
> mediums of exchange or an exchange of intrinsic worth.  South Afrikans
will be
> rightly judged in the hereafter.

> A gold coin does not know from where it came.  If you melted the coin down
it
> would take a very astute metalourgist to devine its origins.  A normal
person
> much less a coin collector should be a judge of one coin over another.
After
> all our choice whether a kangeroo,  bear, maple leaf or US gold is what we
want
> and are prepared to pay for.

> Our hobby is  multinational in nature.  The less we attach politics to our
hobby
> the better off we are.

> Bill McIntyre
> Member, Numismatics International   LM 104


> > Isn't he the guy whose wife is in prison



> > > I am really sorry that you feel that way about South African gold
coins.
> > You
> > > are the first person giving us such a response.

> > > Did you know that Krugerrands are one of the world's most popular and
well
> > > known gold coins? If you feel so bad about the Big 5 & President
Nelson
> > > Mandela gold coins/medallions, then why are they in such a big demand
to
> > so
> > > many of our international clients and to tourists visiting our
country!
> > Why
> > > then have we received 3 telephone enquiries today from the USA & 2
from
> > > England due to our e-mail of which you have responded so negatively -
your
> > > response was the ONLY negative one we have ever received on the
internet.

> > > Do you know what the Big 5 is and who President Nelson Mandela is?




> > > > > INVESTGOLD is a remarkable Gold Coin Dealer in South Africa.

> > > > > We deal mainly in the following South African gold coins:
> > > > > (a)    KRUGERRANDS - I do believe that Krugerrands are well known
to
> > the
> > > > > rest of the world.

> > > > > (b)    BIG FIVE - these remarkable gold coins are unbelieveably
> > popular
> > > to
> > > > > the overseas tourists visiting our country. The Elephant '96 &
Buffalo
> > > '97
> > > > > have both won international awards as the world's most beautiful
> > > designed
> > > > > gold coins, and the Leopard '98 as the world's most popular gold
coin.

> > > > > (c)    MONARCH OF AFRICA - The Kudu '99 (the King of the
anthelopes)
> > has
> > > > > won
> > > > > an award as the world's most beautiful designed gold coin. Also
> > > available
> > > > > is
> > > > > the Sable (Queen of the anthelopes) minted in 2000 and this year
will
> > be
> > > > > the
> > > > > Gemsbok (Prince of the anthelopes).

> > > > > (d)    PRESIDENT NELSON MANDELA - Gold coins/medallions were
minted of
> > > > > this
> > > > > well known world figure and one of the great statesmen of the 20th
> > > > > century.

> > > > > These are just some of the gold coins we advise our investors to
> > invest
> > > in
> > > > > due to the rarity and popularity of them.

> > > > That should prove what a disservice you are doing for your
customers.
> > Of
> > > > your four listed, the only items we've had anyone ask about in 30+
years
> > > of
> > > > dealing in gold was the krands, and they are the worst-selling
bullion
> > > gold
> > > > coins.  They are also one of the commonest bullion coins out there.
So
> > > much
> > > > for the "rarity and popularity" of your offerings.

> > > > --

> > > > If you're interested in discussing possible creation of a new online
> > > > auction newsgroup, please see the thread entitled "RFD:
misc.business.
> > > > online-auctions.discuss", currently posted in news.groups. Thank
you!
> > > > It also appears in RCC and alt.marketing.online.ebay

 
 
 

SOUTH AFRICAN GOLD COINS: KRUGERRANDS, BIG 5, PRESIDENT NELSON MANDELA!

Post by Fred A. Murph » Thu, 01 Feb 2001 07:07:57



Quote:
> I am really sorry that you feel that way about South African gold coins.
> You are the first person giving us such a response.

I calls 'em as I sees 'em.

Quote:
> Did you know that Krugerrands are one of the world's most popular and well
> known gold coins?

Did you know that before 1975, almost no one in the US had ever heard of
them?

Are you aware that legitimate bullion dealers will be happy to trade you
Krands for almost any other one ounce gold coins, straight up, any time
you'd like?  If they are so popular, why do they sell at a discount from US
Eagles, Chinese Pandas, Canadian Maples, and the Australian gold pieces of
similar content?

Quote:
> If you feel so bad about the Big 5 & President Nelson
> Mandela gold coins/medallions, then why are they in such a big demand to
> so
> many of our international clients and to tourists visiting our country!

I don't "feel bad" about your coins and medallions.  I am simply pointing
out that I have NEVER had anyone ask for any of the "popular" coins you
list, except the Krands, and they are much less popular than American
Eagles, Maples, etc.

Quote:
> Why
> then have we received 3 telephone enquiries today from the USA & 2 from
> England due to our e-mail of which you have responded so negatively - your
> response was the ONLY negative one we have ever received on the internet.

People get phone calls all the time, even people who spam newsgroups.  The
fact that about 1 person out of 100 million contacted you about coins you
claim to have competitive prices on is meaningless.  If they placed big
orders with you instead of their usual sources, then I am impressed.

Quote:
> Do you know what the Big 5 is and who President Nelson Mandela is?

No, nor do I care, and apparently, neither do any of my customers.  As I
say, that doesn't strike me as coins in the kind of "rarity and popularity"
that your spam mentions.

In addition to the above-mentioned gold coins, I have seen demand for and
sold sovereigns, 100 Korona and Corona, 1 and 4 ducat, old style US gold,
Mexican Pesos of all sizes, plus various sorts of gold wafers and bars.
Never yet had anyone looking for a Big 5 or Nelson Mandela coin.

--

If you're interested in discussing possible creation of a new online
auction newsgroup, please see the thread entitled "RFD: misc.business.
online-auctions.discuss", currently posted in news.groups. Thank you!
It also appears in RCC and alt.marketing.online.ebay

 
 
 

SOUTH AFRICAN GOLD COINS: KRUGERRANDS, BIG 5, PRESIDENT NELSON MANDELA!

Post by Fred A. Murph » Fri, 02 Feb 2001 05:13:41


Quote:

> The Krugerrand introduced the concept of a
> "bullion" coin, and was the only choice for most of the 70's and
> into the 80's.

It was the only even-weight choice in the US from 1975-1985.  Before that it
was technically illegal to own in the US, and up until relatively recently
(1996?) they were legal to own, but illegal to import.

Long before Krands were readily available in the US, 100 Korona and 100
Corona, 1 and 4 ducat and Mexican Peso gold coins, along with old US gold,
were commonly traded.  In fact, sovereigns were so commonly traded, they
were often run through coin counters set on nickel size.

Quote:
> It is the most popular bullion coin in the world,
> and probably second only to the British Sovereign as the most
> exchangable gold coin worldwide.

I don't know if it's still the most popular worldwide, but I doubt it.
According to Krause SCWC, when the US introduced the Eagle in 1986, the
mintage on BU Krands dropped to ZERO.  Since then, it doesn't seem to have
very high mintages.

Quote:
> Your message itself is inconsistent.  It wouldn't be possible for
> the Krugerrand to be simultaneously the "worst selling" and the
> "commonest".

It's the worst selling today, it's commonest because of high mintages from
1967-1986, when there was no Eagle to compete with.

Quote:
> Granted, it seems to have fallen out of favor in the
> US market, with the availability of the Eagle and the Maple.

It didn't "fall out of favor" as much as it was "banned".  Did you ever
notice that Eagles are exactly the same size and purity as Krands, not 90%
pure like our other gold coins?  This was by design, so that dealers and
jewelers wouldn't gripe when told they could no longer buy Krands.  All they
had to change was their ad copy, not the specs on their merchandise.

However, gold tends to trade on a world, not just US, market.

Recent figures from the CCE listing (FACTS) show the following buy/sell
spreads:

Maples or Eagles, buy at spot+$2.50 sell at spot +$7.50
Krands buy at spot-$3, sell at spot +$1

Since these bullion coins normally trade in lots of 100, there would not be
a $550-650 per lot difference unless that difference was pretty much
worldwide.  After all, it doesn't cost that much more to send a ten pound
package to Europe than it does to send it to New York.  In fact, it's only
been in the last couple years that the price difference between Krands and
popular bullion coins has been that close--it used to be more like $15-20
per coin.

--

If you're interested in discussing possible creation of a new online
auction newsgroup, please see the thread entitled "RFD: misc.business.
online-auctions.discuss", currently posted in news.groups. Thank you!
It also appears in RCC and alt.marketing.online.ebay

 
 
 

SOUTH AFRICAN GOLD COINS: KRUGERRANDS, BIG 5, PRESIDENT NELSON MANDELA!

Post by Fred A. Murph » Fri, 02 Feb 2001 05:24:02



Quote:
> Thank you for a possitive reply.
> I wish everybody knew enough about the gold coin trade and specifically
> about the collectors value of rare coins.

We try to educate them.  Here's the facts:

Krands are not rare, and have no collector value to speak of, except the
proofs.

Your other offerings, while they may be beautiful and of low mintage, are
not very popular among collectors.  Rarity by itself means nothing if there
is no demand.

If you insist on continuing your fantasy where Krands are rare and/or
popular, I'm sure I can put you in touch with some bullion dealers here in
the States who will be happy to trade you Krands even-up for Maples or
Eagles.

Heck, I've got five different Krands I'd swap even for Eagles, for that
matter, but not with a spammer I've never heard of half a world away.

Anyone out there interested in 71, 73, 82, 83, 84?  :^)

--

If you're interested in discussing possible creation of a new online
auction newsgroup, please see the thread entitled "RFD: misc.business.
online-auctions.discuss", currently posted in news.groups. Thank you!
It also appears in RCC and alt.marketing.online.ebay