Produced by South Africa’s Rand Refinery, the gold Krugerrand coin is available in 1 oz, 1/2 oz, 1/4 oz and 1/10oz variations. The South African Krugerrand began as just a 1 troy oz gold coin but due to extreme demand, smaller increments were introduced in 1980. For the fastest service, sending a bank wire is … Gerrards (Precious Metals) Ltd is an associate of the London Bullion Market Association and London Platinum and Palladium Market. Introduced in 1967, the South Africa Gold Krugerrand became the vehicle for private gold ownership. The gold price changes everyday so the value of a gold Krugerrand value also changes all the time. You just need to look at the gold spot price per oz to get an idea of its price on re-sell. • 22 carat • 1 troy ounce of pure gold • Minimum Gross Weight 33.93g. This product contains 1 troy ounce (31.1035 grams) of pure gold. So, if the coin is a 1 oz gold coin it is worth what 1 ounce of gold is worth. Each and every Krugerrand is minted using approximately 91 2/3 parts gold and 8 1/3 parts copper. The Krugerrand was the first gold coin to contain exactly one troy ounce of gold. The gold Krugerrand actually weighs 1.09 troy ounces with the gold content being 1 pure troy ounce. For the fastest service, sending a bank wire is the preferred payment method for buying gold bullion. Level 2 17-19 Mt. Since its introduction, it has not lost its popularity. Dr. William Sheldon was an American psychologist by trade and a numismatist as a hobby. More South African Krugerrands have been purchased than all other 1 oz Gold coins available on the market. Paul Kruger Obverse Gold Krugerrand are exempt of VAT. This 1967 1 oz. The Krugerrand is still incredibly popular and regarded as one of the most recognized gold coins in the world. Gold Krugerrand coins available at low premiums ideal for investment. Also called “crown gold”, this gold-copper alloy gives to the coin a distinctive red-orange color. Gold krugerrand carries the lowest premium (price paid over the gold spot price compared to smaller denomination gold coins or other gold bullion coins such as the Chinese Panda or the Gold Eagle. The Krugerrand is a very popular bullion coin minted in South Africa. The springbok is a type of antelope and the national animal of South Africa. The obverse or front depicts president Paul Kruger while the reverse design depicts the springbok antelope and the coin date. Gold Krugerrand has a proof finish, it was struck by the South African Mint. Krugerrands are 22 carat gold, but weigh more than a troy ounce and therefore contain exactly 1 troy ounce of … .Buy gold Krugerrand online with GerrardsBullion. Seated as the 3rd president of the South African Republic, Kruger served for almost 10 years as Commander in Chief. - Fri.) Gravatt QLD 4122 07 3349 7965 10:00am to 4:00pm (Mon. Simply lock in the price of the product at any time via our website. Design of the Gold Krugerrand The Gold Krugerrand is unmistakable, featuring a springbok in mid-run. The Gold Krugerrand was introduced in 2017 in a premium uncirculated finish with a bullion gold version following the next year. Gravatt-Capalaba Road Upper Mt. This bullion coin is extremely easy to sell all over the world. The South African Krugerrand is a 22-karat gold coin weighing 1.0909 ounces (or 33.930 grams). South African Gold Krugerrands. The South African Krugerrand's design was constructed by two artists, instead of one. Like many other international coins, the South African Krugerrand offers elements of heritage and African culture on this coin. Enquire about or browse our coins today. Kruger remains one of the most divisive and well-known political figures from the 19th century. The 1 oz Gold Krugerrand Coin is minted in 22-karat gold (.9167 fine) by the South African Mint Company. We buy Krugerrand Gold coins for the absolute best price. This product is a selection of random years coins, determined from our current stock availability. Gold krugerrand are backed by the South African government for their purity, gold content and weight. The South African Krugerrands were minted with 160 serrations around the edge of the bullion coin and over 200 serrations on the proof coin, resulting in a truly unique coin. The London Coin Company offers a wide range of South African Krugerrand Gold Coin Sets to suit every collector's budget . 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. If your 1/4 Ounce Krugerrand Coin was purchased from us, … As one of the UK's leading precious metal dealers, the Gold Bullion Company are able to offer extremely competitive rates to customers wishing to sell their gold and silver products. We have an outstanding selection of Krugerrands available to purchase here at The Gold Bullion Co. A Krugerrand is a gold bullion coin which consists of 22-carat gold. This coin is limited to a mintage of 20,000 pieces. This product is a selection of mixed dates based on … The price is held for you regardless of your method of payment. Four versions: 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz are all still minted today. The South African Gold Coin Exchange & The Scoin Shop has allowed South Africans the opportunity to own unique modern numismatics, Krugerrands bullion and proofs, and ZARs for over 45 years. Buying Gold Krugerrand Coins online is simple. Therefore, it is the best gold bullion coin to buy for investment in physical gold. Purity and weight. The Numismatic Guaranty Corporation (NGC) and the Professional Coin Grading Service (PCGS) are two companies that issue coins their grades. ©2020 Gerrards (Precious Metals) Ltd. All Rights Reserved. This is because from 1967-69, only 40,000 South Africa Gold Krugerrands were minted each year then that number significantly increases every year after that. This website uses cookies to improve your experience. The South Africa Gold Krugerrand is 22 karats, 90% pure gold, 10% copper and contains one ounce of pure gold. This alone has changed the coin collecting game, while also offering a peace of mind for collectors and investors. This elegantly designed coin is considered an interesting and unique coin for all collectors or investors. Free shipping on $99+ orders. Krugerrands. First produced in 1967, it was the world’s first bullion gold coin. First minted in 1967, the Gold Krugerrand Coin was for many years the only gold bullion coin available in the market. The first thing to notice is the coin's strike type: A Certified American Gold Eagle (or any certified bullion coin) will most likely come in one of two grades: Other certification terms often used for bullion coins: This is completely powered by our in-house, custom-built CMS. The 1 oz Gold Krugerrand coin was introduced in 1967 and was designed to circulate as a medium of exchange in place of a paper currency. Welcome to the London Coin Company, International Coin Dealer Established in 2007 and specialists in buying, selling PCGS Grading, Gold Coins, Silver Coins and Platinum Coins from the United Kingdom and around the World. Economic sanctions, due to the apartheid, made the importing of the South Africa Gold Krugerrand illegal but this ended in 1991, when South Africa abandoned the apartheid. In 1948, Sheldon developed the Sheldon Numeric Scale, which became the foundation of grading and certifying coins. The South African Krugerrand is among the most prestigious coins in the bullion market.