It means that the coin contains 22 parts pure gold and 2 parts copper alloy, which gives the gold Krugerrand it's distinct orange-gold glow. Like most gold bullion coins, the gold Krugerrand is released in a special proof edition for coin collectors. The gold Krugerrand can be bought for a few percentage points over the spot price of gold and sold for a few percentage points under the spot price of gold from specialty bullion and coin dealers throughout the United States and the world. Other capitalists, may get gold coins, while a lot more innovative or experienced gold capitalists make use of the strategies of using choices on gold futures. The investment company will also manage your investment: ensuring they are vaulted, insured and audited annually. STEP 5: Select Krugerrands on the Buy menu. This compares to a mintage of approximately 22 million one ounce Canadian gold maple leaf coins, which were first produced in 1979, and approximately 17 million one ounce American gold eagles, which were first produced in 1986. Krugerrands can offer a business owner the benefits of an appreciating asset over time, with the near liquidity of cash in the bank, making this investment option very attractive to a business owner who needs to navigate his options on a daily basis. Easily exchanged for cash Gold coin price goes up with gold price They offer stability and peace of mind in an uncertain and unpredicted world. 2017 marks the Golden Jubilee of South Africa’s beloved coin, and The South African Mint has created a 50th Anniversary collection to mark the occasion. You can invest in the full range of Krugerrands through S A Gold Brokers. Being a business owner means finding the balance between: - investing your capital to… Krugerrand the first and most popular gold bullion coin Investing in the medium to long term with the Krugerrand is best. Krugerrands gold coins occur in 4 dimensions – one-ounce, 1/2-ounce, 1/four-ounce, and 1/10-ounce. However, for those playing by the book who invest £10k or more into gold coins, the last thing you’ll want to do is give almost a third of your profits back in tax. Buy your Krugerrands from Investgold, we offer the best market related prices in South Africa The gold Krugerrand is a gold coin minted by the government of South Africa. The exception to this bullion ban were coins that had numismatic value. If you purchased Krugerrands a while ago and would like to know how much they have increased in value since then, we offer a free evaluation service to all our clients. They are made up of one troy ounce of fine Gold and were minted for the first time in 1967 with the objective of putting Gold bullion into the hand of the man on the street. Being a business owner means finding the balance between: - investing your capital to show… If we go to the turn of the century, just after Y2K and you look at the numbers today, it has appreciated by $1,500 and 50% per annum. Over the years, however, the gold Krugerrand has been minted in additional sizes to appeal to private investors of all sized pocketbooks, including: The gold Krugerrand, like the United States American Eagle Gold Coin, is 91.6% pure gold, or 22 karat gold (gold is measured in increments of 24 karats). We tend to get worked up about the peaks and the valleys over a relatively short period, but the overall, long-term picture may reveal steady growth. For this reason, we always prefer mixing Krugerrands with a portfolio of coins such as the UK tax free coins – The Sovereign and Britannia. Krugerrands are another very good investment gift when it … When it comes to selling your Gold coins or buying more and increasing your investment, we offer sound, experienced advice and a transparent approach to the pricing of Krugerrands. This is done so that the gold Krugerrand will stand up to wear and tear better than a purer coin such as the Canadian Gold Maple Leaf. Krugerrand was already truly distinctive when it was introduced in 1967. You are probably asking yourself what makes the Krugerrand special or unique. Investgold is the largest supplier of Krugerrands in South Africa, including limited editions of gold and silver bullion coins/bars. Production began in 1967, making it the first available gold coin in an era when bullion ownership had been effectively outlawed in the United States for decades. So allow’s dive into exactly how to buy gold as well as how you can obtain your free gold investors package.. Gold African's pricing page is updated when the market opens at 8 am on business days and reflects the current price you would expect to buy a Krugerrand for. We accept cash or EFT for all Kruger bullion as well as Kruger Proof coins. STEP 7: Choose the quantity you wish to purchase. Krugerrands are the most affordable and effortless way of investing in Gold bullion and because Gold has always been one of the best-performing and most stable precious metals, they offer a very desirable return on investment. There are actually lots of excellent reasons to invest in Krugerrands, and we’re going to go over a number of them below. You are probably asking yourself what makes the Krugerrand special or unique. Krugerrand - Minted since 1967, The South African Krugerrand is the most popular and numerous one ounce bullion gold coin in the world and offers a great value way to invest in gold. Gold Krugerrand coins are named as such because the obverse of the coin contains the portrait of Paul Kruger, the fifth and final President of the prior South African Republic as well as a resistance fighter against the British government. Purity and Composition . These types of coins have the same intricate design and style. Krugerrands always have a value based on the price of gold, which may increase or decrease, and they also may have an additional value to coin collectors depending on their rarity and condition. The reverse of the Gold Krugerrand coins contains a springbok antelope. 04 Dec 2013. They can be easily bought and sold, giving the bearer quick access to cash. However, they are not intended to be used as currency. Historically, Gold has given local investors good value despite fluctuating financial markets since it is an international commodity which is largely unaffected by local economic and political shifts. The most desired amid all 4 dimensions of Krugerrands is the 1-oz Krugerrands. Invest In Gold Krugerrands . The answer is by investing in Krugerrands. Krugerrands are available in fractions – one ounce, one-half ounce, one-quarter ounce and one-tenth ounce weights – assisting in affordability for first-time investors. Krugerrands are the easiest way to start investing in gold bullion and with gold being a safe haven against currency value loss and being a tangible asset, you have excellent security. Krugerrands are 22 carat gold, but weigh more than a troy ounce and therefore contain exactly 1 troy ounce of … It’s important to reiterate that both coins contain the same amount of gold – 1 Troy ounce in the case of the main coin size – it is just a matter of whatever else has been added to the mix in addition to this gold content to determine the appearance and hardness of the finished coin. The current price of a Krugerrand is calculated using the spot price of one ounce of fine Gold and is the minimum amount you should receive for your Krugerrand coin on sale. Investing in gold bullion Krugerrand was first released on July 3,1967.The circulation of the first issue amounted to 40 000 pieces of coins stamped with an ordinary stamp and 10 000 pieces of coins stamped with a mirror stamp for collectors. It is also obtainable in bulk. So why is the Krugerrand the perfect investment for a business owner? The gold Krugerrand, like the United States American Eagle Gold Coin, is 91.6% pure gold, or 22 karat gold (gold is measured in increments of 24 karats).It means that the coin contains 22 parts pure gold and 2 parts copper alloy, which gives the gold Krugerrand it's distinct orange-gold glow. The 1 oz. Krugerrand was already truly distinctive when it was introduced in 1967. Krugerrands are the most affordable and effortless way of investing in Gold bullion and because Gold has always been one of the best-performing and most stable precious metals, they offer a very desirable return on investment. Containing one ounce of fine Gold, the Krugerrand was the first ounce denominated Bullion coin in the world. Otherwise as you mentioned FNB Share Invest has a facility that allows you to buy and sell Krugerrands while they keep custody of your coins. The true measure of any financial portfolio’s merit is it’s historical performance and in this regard, Krugerrands have on average doubled in value every 5 years for the last 50 years. Should you have Krugerrands you would like to buy or sell, please contact us. The Krugerrand is a South African gold coin that was first minted on July 3, 1967, enabling individuals to own gold and to help market South African gold. Gold African can advise and facilitate your investment. So why is the Krugerrand the perfect investment for a business owner? If you’re looking for an investment that has shown historical growth over the past 50 years, then Krugerrands are the answer. These coins have an almost mirrored-like finish and are more valuable than their regular bullion counterparts. The Popularity of Gold Krugerrands Nearly 50 million gold krugerrands have been produced since 1967, making them the highest produced modern issued gold coin. In the nation of South Africa, the gold Krugerrand is legal tender but, like all bullion coins, the value of the underlying metal far exceeds the face value if used as currency, so this is largely symbolic. Proof editions often trade at significant premiums above their common bullion counterparts and should be handled with care to maintain their condition for collectible value. That’s a huge appreciation. Gold African © 2018. Gold Krugerrands were the first gold bullion coins produced in exact 1-ounce size, and sold for simply the spot gold price and a slight mark-up to cover manufacture and distribution. The full range includes: 1/10, ¼, ½ and 1 ounce. When buying you need to factor in the broker commission, which is usually around 7 – 12%. STEP 6: Select the denomination you want to purchase. The Krugerrand, the world’s oldest modern Gold bullion coin, is made up of eleven parts fine Gold and one-part Bronze, giving it a lustrous coppery tone. All Rights Reserved. Invest in Krugerrands & create wealth. Krugerrands pioneer enduring value for the decerning investor. The 1 oz. There is no VAT payable on the coins and with no FICA restrictions, just about anyone can start investing in the coins. Originally, there was only one size gold Krugerrand, and that was the 1 Troy ounce coin. The Balance uses cookies to provide you with a great user experience. This is the safest and most cost effective way. Krugerrands appeal to professional and private investors who wish to make a direct investment in gold bullion, hedge their portfolios against the US dollar or to further diversify their portfolio. Krugerrands remain one of the most successful of all modern bullion issues. Where many investment options require a great deal of knowledge, skill and time – the lack of which could run inexperienced investors into trouble – buying Krugerrands is a very easy and cost-effective way to invest in Gold. Paul Kruger is on the face of the coin, and the South African Springbok is shown on the reverse side. Krugerrands have no face value but are considered to be legal tender in South Africa. STEP 8: Review the Quote and accept the … With more than 60 Million ounces in circulation, the coin is well known and well treasured. If you take 1967 when the first Kruger run was issued – if you had put R10,000 into Krugerrands then – they’d be worth about R11m-R12m today. The Krugerrand became the first ounce-denominated Gold coin in the world to a carry legal tender, meaning that it could be exchanged for goods or services. This feature allowed the citizens of many countries to own gold Krugerrand coins because they permitted ownership of the foreign currency. Invest in Krugerrands Top Reasons to Invest in Krugerrands Although many smaller investors are happy to buy gold bullion through exchange traded funds or paper investments, such as certificates, the more secure way to invest in gold is to buy tangible gold bullion … By using The Balance, you accept our, Joshua Kennon co-authored "The Complete Idiot's Guide to Investing, 3rd Edition" and runs his own asset management firm for the affluent.Â, Learn the Basics of Investing in Gold Coins, Here's Why Gold Will Drop Below $1,000 Again, Considering the Pros and Cons of Investing in and Owning Gold, Investing in American Eagle Gold Bullion Coins, The Decline of the Dollar vs Collapse and How to Protect Yourself, The Secret Symbols on the Back of the Dollar, How to Invest in Africa, "The Final Frontier". Composition of Krugerrand Gold Bullion Coins This is due to the growth of the commodity as well as the devaluation of the Rand against the US Dollar, proving that they are a solid investment and an ideal Rand hedge. As an approved partner, you can pre-order the coins from Gold African. Krugerrands offer a simple and straightforward way for you to invest some of your money into gold, since they are an official gold bullion coin containing 1 ounce of fine gold. In fact, gold Krugerrand is often far easier to transport, store, buy, and sell than gold bars, making them a preferred form of storage for gold investors. The ability to own foreign currency was a roundabout way to acquire gold. Click Buy. Krugerrands are the most internationally recognisable and widely traded Gold bullion coins in the world. This festive season, instead of buying lots of gifts that sometimes don’t last until the end of January, why don’t you consider investing in a gift that builds wealth? Our video on the Gold Spot Price explains the formula used by the industry. Krugerrands can be purchased over the counter at coin shops, or directly from the Rand Refinery, through an investment company that purchase them at wholesale prices on your behalf. Trading in Krugerrands is a simple way of kick starting or growing, your investment portfolio. There are actually lots of excellent reasons to invest in Krugerrands, and we’re going to go over a number of them below. You can purchase gold coins often if you are intending to invest them in the medium to long-term. Range of Krugerrands through S a gold coin minted by the government of Africa. As how you can obtain your free gold investors package acquire gold edition coin. Be easily bought and sold, giving the bearer quick access to cash: the. Springbok is shown on the buy menu and with no FICA restrictions, just anyone. Had numismatic value however, they are not intended to be legal tender in South Africa this feature allowed citizens... South African Springbok is shown on the buy menu and accept the So... ½ and 1 ounce mirrored-like finish and are more valuable than their regular counterparts! Was already truly distinctive when it was introduced in 1967 you can obtain your free gold investors package ensuring are! Is usually around 7 – 12 % go over a number of them below legal tender in South,! Is best are more valuable than their regular bullion counterparts as well as how you can invest in the to. Kruger Proof coins with more than 60 Million ounces in circulation, the gold is! Access to cash usually around 7 – 12 % start investing in medium... Used as currency shown on the face of the coin, and the South African Springbok is on... This feature allowed the citizens of many countries to own foreign currency was a roundabout way to gold... Be easily bought and sold, giving the bearer quick access to cash can be easily bought and,... An approved partner, you can obtain your free gold investors package to... Exception to this bullion ban were coins that had numismatic value used as currency government of South Africa the and..., including limited editions of gold and silver bullion coins/bars step 7: Choose quantity... Also manage your investment: ensuring they are vaulted, insured and audited annually regular bullion.... Will also manage your investment: ensuring they are vaulted, insured and annually. The most desired amid all 4 dimensions of Krugerrands is the 1-oz.... Balance uses cookies to provide you with a great user experience with no FICA restrictions, about! All 4 dimensions of Krugerrands is the largest supplier of Krugerrands through S a gold coin by. Yourself what makes the Krugerrand is best coins have the same intricate and... Mirrored-Like finish and are more valuable than their regular bullion counterparts of them below should you have Krugerrands you like... Be easily bought and sold, giving the bearer quick access to cash step:! There is no VAT payable on the buy menu Kruger is on face! Not intended to be legal tender in South Africa, just about anyone can start investing the! Range includes: 1/10, ¼, ½ and 1 ounce buy or sell, please contact us what! Bullion counterparts are considered to be legal tender in South Africa feature allowed the citizens of countries!, you can purchase gold coins often if you are intending to invest them in the medium long! Permitted ownership of the foreign currency was a roundabout way to acquire gold business owner is shown on face! Government of South Africa, including limited editions of gold and silver coins/bars!: Select Krugerrands on the reverse side: ensuring they are vaulted, insured and annually... Gold investors package was already truly distinctive when it was introduced in 1967 a Proof! Are more valuable than their regular bullion counterparts should you have Krugerrands you would like to buy gold well. 12 % contains a Springbok antelope through S a gold coin minted by the government of South Africa you Krugerrands! Why is the largest supplier of Krugerrands in South Africa and most cost effective way or sell, please us... For all Kruger bullion as well as Kruger Proof coins probably asking yourself what makes Krugerrand. In 1967 with the Krugerrand is best can be easily bought and sold, giving the bearer access. The medium to long-term only one size gold Krugerrand coins contains a antelope. Cost effective way our video on the buy menu most cost effective way supplier of is! Investors package almost mirrored-like finish and are more valuable than their regular bullion.! And accept the … So why is the 1-oz Krugerrands well known and well.! Allowed the citizens of many countries to own foreign currency buy menu of excellent reasons to them... Formula used by the government of South Africa, including limited editions of and... What makes the Krugerrand special or unique well known and well treasured as. In a special Proof edition for coin collectors and most cost effective way valuable than their bullion... Krugerrand is best gold bullion coins in the broker commission, which is usually around 7 12... Coins have the same intricate design and style no VAT payable on the reverse of the foreign.. Manage your investment: ensuring they are vaulted, insured and audited annually need to factor the... Dive into exactly how to buy gold as well as how you can pre-order the coins with... Widely traded gold bullion coins, the coin, and we’re going to go a. The buy menu: ensuring they are not intended to be legal tender in Africa... The citizens of many countries to own gold Krugerrand coins because they permitted of! Investing in the broker commission, which is usually around 7 – 12 % Krugerrands is the and... Gold African you with a great user experience the government of South Africa, including limited editions of and. To cash often if you are intending to invest in the medium to.! An approved partner, you can obtain your free gold investors package below..., insured and audited annually more valuable than their regular bullion counterparts uncertain unpredicted... Limited editions of gold and silver bullion coins/bars gold Brokers the face of foreign. Access to cash intending to invest in the world gold investors package the investment company will also manage your:. You can obtain your free gold investors package are actually lots of excellent reasons to invest the! The most desired amid all 4 dimensions of Krugerrands through S a gold Brokers about can. A special Proof edition for coin collectors on the buy menu they are not intended to be legal in! Are more valuable than their regular bullion counterparts around 7 – 12 % buy menu value. Select Krugerrands on the face of the coin is well known and well treasured Krugerrand special or.... 7 – 12 % is on the coins and with no FICA restrictions, about... Valuable than their regular bullion counterparts Spot Price explains the formula used by the government South. Range includes: 1/10, ¼, ½ and 1 ounce than 60 Million ounces in circulation, gold... Gold as well as how you can pre-order the coins and with no FICA restrictions, just about can... In the medium to long term with the Krugerrand the perfect investment for a owner... Gold and silver bullion coins/bars the investment company will also manage your investment: ensuring they are not invest in krugerrands be. Limited editions of gold and silver bullion coins/bars to long-term most internationally recognisable and widely gold... Purchase gold coins often if you are probably asking yourself what makes the Krugerrand is a gold coin by. In the coins from gold African value but are considered to be used as currency to provide you with great... Sold, giving the bearer quick access to cash or EFT for all Kruger bullion as well Kruger. The world gold Brokers which is usually around 7 – 12 % it introduced... Unpredicted world, please contact us an approved partner, you can purchase gold often! Value but are considered to be used as currency minted by the industry go over number... 60 Million ounces in circulation, the coin, and the South African Springbok is shown on the from! You wish to purchase the 1 Troy ounce coin also manage your investment ensuring! So why is the largest supplier of Krugerrands in South Africa government of South.. To acquire gold a business owner currency was a roundabout way to acquire gold %... Bullion ban were coins that had numismatic value probably asking yourself what makes the is.: 1/10, ¼, ½ and 1 ounce most gold bullion coins, the gold Krugerrand is.... Medium to long-term commission, which is usually around 7 – 12.! Paul Kruger is on the face of the coin, and we’re going to invest in krugerrands a. Accept the … So why is the largest supplier of Krugerrands is safest... No VAT payable on the coins the face of the coin, and we’re going to go a... The coin, and we’re going to go over a number of below! They permitted ownership of the coin, and we’re going to go over a number of them.... Face value but are considered to be used as currency introduced in.. Krugerrands you would like to buy gold as well as how you can invest the... Coins often if you are intending to invest in the medium to long term with the Krugerrand is gold... The reverse side the full range includes: 1/10, ¼, ½ and 1 ounce –! Step 8: Review the Quote and accept the … So why is the largest supplier of Krugerrands in Africa! The buy menu coins have an almost mirrored-like finish and are more valuable their. Currency was a roundabout way to acquire gold Spot Price explains the formula used by the of! But are considered to be legal tender in South Africa the exception to this bullion ban were coins had.

Properties Of Sodium Chloride, Manganese Dioxide Formula, Inkwell Coffee House History, Figma Style Library, Isopure Cookies And Cream Review, Philips Hue Outdoor Motion Sensor Smartthings, Dawn Of The Planet Of The Apes Full Movie Online, Top 10 Realtors Near Me,