Krugerrand Prices

WE BUY AND SELL KRUGERRANDS AT COMPETITIVE PRICES

Krugerrand 2019 Gold fiftieth ounce reverse.png  Krugerrand 2019 Gold tenth ounce reverse.png    Krugerrand 2019 Gold one ounce reverse.png Krugerrand Obverse Krugerrand 2019 Gold half ounce reverse.png Krugerrand 2019 Gold quarter ounce reverse.png Krugerrand 2019 Gold twentieth ounce reverse.png

 

Fluctuations in the gold price and the R/$ exchange rate will impact the day-to-day pricing.

"24

KRUGERRANDS DEFINED

The concept of Krugerrands was first presented by the South African Chamber of Mines way back in the 1960s to stimulate physical gold as an investment opportunity for anyone who wanted to own this scarce commodity. The Krugerrand is known today to millions of people all around the world and has been one of the top choices for investment for years.  Krugerrands are ounce-denominated gold bullion coins and there are around 46 million of them in circulation.

It’s one of the most circulated, valued coins and can be easily bought or sold because they are minted as Legal Tender coins and is not VATable;

SO HOW PURE ARE KRUGERRANDS?

  • Krugerrands(22 karats) contain about  11/12 - 24 Karat gold(AU) and 1/12 copper(CU).

  • They are alloyed with a small amount of copper, which makes them 22-Karat coins. The main reason for using copper is to strengthen the coins and to make them more robust and durable.

 

SOME OTHER FACTORS TO TAKE INTO CONSIDERATION WHEN BUYING THEM

  • Internationally recognition – It’s one of the world’s leading brand names and is only issued in South Africa.  Coin Dealers and banks around the globe know it, and it can be bought and sold easily. The Krugerrand was first released in 1967 as a legal tender coin and contained exactly 1 troy ounce of fine gold.

  • Investor’s choice – Tax-free. Designed for the person who wants to invest in gold and is available in four different sizes (1 oz, ½ oz, ¼ oz, and 1/10oz), making it more affordable to more people.

  • International Priced - The Gold price is quoted internationally in troy ounces and its value can easily determine based on the market outcome.

  • Durable/Portable – They are hard enough to resist normal scratching and bumping, because of their composition of 22-Karat gold.  Valuable, yet easy to transport and store anywhere.

  • Proud South African product – It’s minted and produced using South African resources.  The Rand Refinery Ltd. supplies gold coin blanks to the South African mint to produce them.

  • Krugerrands are available in both bullion(BU) and proof states.

 

KRUGERRAND COIN SPECIFICATIONS

 

1 oz

22 Karat Gold

1/2 oz

22 Karat Gold

1/4 oz

22 Karat Gold

1/10 oz

22 Karat Gold

Mass

(gram)

33.930

16.965

8.482

3.393

Diameter (mm)

32.96

27.00

22.00

16.50

Metal Content

Au 916.67 Cu 83.33

Au 916.67 Cu 83.33

Au 916.67 Cu 83.33

Au 916.67 Cu 83.33

Thickness **(mm)

2.84

2.215

1.8888

1.35

** Maximum dimensions

Payment for Krugerrands is in CASH or Electronic Fund Transfer(EFT)

Serious Sellers are welcome to Contact Us for additional information.