4/1/11

Buying Gold Krugerrand Coins

One of the favorite gold coin gold coin collectors around the world is Krugerrand gold coins. It is a South African gold coin, first minted in 1967. It is produced by the official mint of the Republic of South Africa, The South African Mint Company (Pty) Limited (SA MINT).
South Africa Krugerrand has the following specifications...



Value  :  1 troy oz. fine gold
Mass  :  34.05 g (1:09 troy oz)
Diameter  :  32.6 mm (1.28 in)
Thickness  :  2.84 mm (0:11 in)
Composition  :  Gold 22 carats (91.67% Au, 8:33% Cu)
Years of minting  :  1967-Present

Most Krugerrands are packed in a three-inch plastic tubes That fit nicely inside the home safes or safety deposit boxes in banks.

In the coin there is picture Paul Kruger who is president of South Africa to the four who became a legend and the words "SUID-AFRICA · SOUTH AFRICA" on one side. On the other side is printed picture of a national symbol of South African springbok antelope. It's designed by Otto Schultz at 1967.

Buying Krugerrand gold coins are promising investment. Gold coins are very popular both locally and internationally so that when they wanted to sell it easily because many collectors who want it. Krugerrang gold coins have a high numismatic value.In addition, South Africa Krugerrand coins have a tendency to lower prices below the spot price of gold compared with the other gold coin prices.

So, did you determine the gold coin which one would you buy into the gold coin dealer? Keep in mind, find a gold dealer who trusted and experienced.
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2 comments:

itm said...

There are many places where coin collectors and investors can buy gold coins, but there are not so many where they should buy gold coins.

You owe it to yourself to do proper research and educate yourself about the different options available to you for buying gold coins before you buy a single coin or an ounce of gold.

To begin with, you should be aware of the two basic categories of gold coins which are available for sale in the United States: gold bullion coins and rare gold coins.
us gold coins

Daniel Milstein said...

That is so true. As an author and business man, I can relate to how you said "Krugerrang gold coins have a high numismatic value.In addition, South Africa Krugerrand coins have a tendency to lower prices below the spot price of gold compared with the other gold coin prices". I hope more people discover your blog because you really know what you're talking about. Can't wait to read more from you!