Legal Tender Value: As we've mentioned, the first Krugerrand was minted, which means they are legal tender. The price of a Gold Krugerrand (1 oz) is shown in the upper right section of this page. Limited Mintage Years (1987, 1992, 1995, 1996, 1998, 2003, 2004) (1 oz Weight). Contact us today for more information about buying 1 oz gold Krugerrand coins. Kruger is revered in South African history as the face of the Boer resistance against British rule in the Transvaal. The 1986 edition was only issued in proof quality with a limited mintage of 21, 040 coins. It was the first modern bullion coin, invented as a convenient way for individuals to buy and sell investment-grade gold. At Sharps Pixley, we are passionate about ensuring that all our customers are fully up-to-speed before deciding on their investments. "... And then he weighed it on my gram scale. In 2022, the South African Mint launched the "Big Five" Series which will feature new designs every five years, each inspired by one Africa's most famous animals, beginning with the elephant. South Africa 1 Oz Krugerrand Gold Coin The photo shown is only representative of the product you will be receiving and may not be the exact item. The Krugerrand gold coin is much sought after by investors because the Krugerrand is globally recognised. Nearly 22 million South African Gold Krugerrands were sold and shipped to buyers in the United States alone between 1967 and 1979 when Western nations enacted an embargo on South African goods in retaliation for its apartheid policies. Instead, they rely on independent, reputable dealers like us here at Sharps Pixley.
3% and 4% with GoldCore who offer some of the most competitive premiums in the U. for both deliveries in the U. and for secure international storage. 9167 fine) by the South African Mint Company. The South African Krugerrand was first minted in 1967, and just like its country of origin, it caused a stir around the globe for many years. On the 50th anniversary of the original production of the Krugerrand in 2018, a platinum version of the coin was minted as a proof collectible.
• Buying price closer to gold price than with other coins (approx. There were 200, 000 Krugerrand coins minted in 1970 and in 1974, there were over a million made. There are 180 serrations on the coin's rim. On the back of the gold bullion coin we have the Springbok Antelope, a native of South Africa. 0909 ozs so that there is exactly 1 troy ounce of pure gold in each coin.
Some patina in the crevices. The reverse of the coin, designed by Coert Steynberg, shows the Springbok Antelope, the national symbol of South Africa. It is regarded by gold market participants globally as one of the world's premier precious metals refineries. We provide all of our customers with a refund, return and / or exchange on everything we sell including all bullion and certified coins. Shop our full selection of gold bullion coins today! Includes the date, weight, and purity. From:Los Angeles, CA. Monex account representatives are available between 5:30 a. m. and 4:30 p. Pacific time each Monday through Friday (except national holidays) and on many weekends. Common (higher mintage).
The demand level for Krugerrands varied widely over the years. While there are a number of gold coins available on the market today, the South African Krugerrand holds the distinguished honor of being the first one troy ounce gold bullion coin issued as legal tender by a government and whose intrinsic value is based on gold content rather than the face value of the coin. While the Krugerrand had many yearly issues that were minted in high numbers, production in some years was low. Gold coin is an international symbol of wealth and prestige, and is the original gold bullion coin. 74mm thick, a diameter of 32. Set a recurring order and save time.
Sell Krugerrand gold coins. The South African Krugerrand: A Brief History. Available in Brilliant Uncirculated condition. In 1978, 6 million Krugerrand bullion coins were made. The word Kruger originates from the famous South-African Stephanus Johannes Paulus Kruger. For 50 years, they have acted as a hedge and protected gold owners from domestic and international financial and monetary risks. 103 grams, the gross weight of the coin is slightly over a troy ounce at 1. Today's Ask price per one ounce coin for buying in units of ten is: $1, 906. Mint: Rand Refinery. I'm not familiar with what BU is supposed to look like, so I can't say with impunity that this coin matches that level, but it's in what I would consider to be excellent condition. Secure your Gold Krugerrand in a clear plastic capsule or show it off it in a stylish presentation box. Finally, the British Gold Britannia coins were unveiled in 1987, and rank as some of the most popular coins in the world. Our multi-billion dollar, two-way buy and sell market is a hallmark and tradition at Monex, and is your assurance of liquidity for your gold Krugerrand investment. Gold Krugerrand for Sale.
The name "Krugerrand" combines the unit of currency of South Africa, the Rand, with the last name of Paul Kruger, an important political and military personality in the former South African Republic; his face appears on one side of the coin. The back side of the coin shows the South African national animal the springbok antelope. The copper is added to provide durability and strength to the coin. It's minted using "crown gold", an alloy of gold and copper that makes for a more scratch-resistant coin. 46In stockFrom the makers of the iconic Krugerrand, comes a new 24ct gold bullion coin series inspired by Africa's legendary Big exciting new series is the first gold bullion oering since the 22ct Krugerrand was introduced in 1967. more... Collectible (lower mintage). If you are looking to sell your gold Krugerrands, Atkinsons always aim to offer you the very best price for your items and have a team of experienced appraisers to give you an accurate indication of the price of your goods, ensuring you get a fair price every time. I've been wanting to purchase some gold coins as an investment for awhile, but hadn't pulled the trigger until recently. The Krugerrand coin was specifically produced to offer an easy means for private investors to access the gold bullion market.
Many of our U. S. clients opt to store their Krugerrands in fully insured, offshore Secure Storage jurisdictions. The copper component also gives Krugerrands a somewhat orange-hued tint compared to bullion coins that are pure gold. All South African coins are known for superb quality and easy liquidity worldwide creating consistent demand. Silver Krugerrand coins. Paul Kruger is of German-Dutch descent and lead Transvaal into independence in the first Boeranian war after it was annexed by Great-Britain in 1877. Krugerrands are gold bullion coins minted in South Africa. I bought this the end of May 2019 for my son's college graduation present.
9167 (purity), however, the coins total weight is 1. They are considered to be a portable store of value and a vital form of financial insurance. The copper content, orange sheen and durability appeals to collectors and investors as any mark or blemish could severely diminish coin value. The pros of Krugerrand gold coins are manifold. This did not last long. Inscriptions on both sides of the coin are featured in the local Afrikaans dialect and English. First introduced in 1967, the Kruggerand was designed specifically for the investor, with a value that can be easily determined from the internationally quoted gold price.