Buy Gold → Gold Krugerrand coins available at low premiums ideal for investment. The coin's purity, weight, and year of issue are also engraved on the reverse. All Content Copyright © 2004-January 2021 Golden Eagle Coins, LLC. The Krugerrand is produced by the South African Mint through the Rand Refinery, in a number of weights including the one ounce (1 oz), half Krugerrand (1/2 oz), quarter Krugerrand (1/4 oz) and tenth Krugerrand (1/10 oz). This website uses cookies to improve your experience. By clicking on "Accept", you agree to our use of cookies and similar technology. 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. Highly resistant gold coin, perfect for trades. .Buy gold Krugerrand online with GerrardsBullion. 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. Kruger remains one of the most divisive and well-known political figures from the 19th century. The South Africa Krugerrand has had a stagnant minting history and collectors are quick to find that the most common dates are from the late 1970's to 1980's. The Krugerrand was the first one ounce denomination gold coin to enter in the bullion market. Gold Krugerrand coins available at low premiums ideal for investment. Buying Gold Krugerrand Coins online is simple. The reverse presents the national animal of the South African Republic: the Springbok antelope. This alone has changed the coin collecting game, while also offering a peace of mind for collectors and investors. Gold krugerrand are backed by the South African government for their purity, gold content and weight. Seated as the 3rd president of the South African Republic, Kruger served for almost 10 years as Commander in Chief. If you are looking to pay the lowest premium for one ounce gold coins, this product is ideal for you. Buying Gold Krugerrand Coins online is simple. It is the most widely traded coin in the world and is a way to secure peace of mind for financial stability. This product contains 1 troy ounce (31.1035 grams) of pure gold. The South African Krugerrand is a 22-karat gold coin weighing 1.0909 ounces (or 33.930 grams). From 1967 through 2016 they were only offered in gold. 1980 was also the year the South African Mint decided to add other fractional coins: half, quarter, and tenth ounce. His name was linked to the rand, which is the South African currency, and together make the Krugerrand. We even offer the option to buy Gold Krugerrand coins and pick them up in our physical location. For the fastest service, sending a bank wire is … The gold Krugerrand has a thickness of 2.74 mm thick, a diameter of 32.6 mm and a fineness of .9167. First produced in 1967, it was the world’s first bullion gold coin. It is one of the world's most popular and best-known gold bullion coins. The 1oz Gold Krugerrand Coin Mixed Years . Weight, purity and gold content backed by the South African Government. For the fastest service, sending a bank wire is the preferred payment method for buying gold bullion. The Krugerrand is believed to be the most widely owned bullion coin in the world as it was the first bullion coin minted for investment purposes. .Buy gold Krugerrand online with GerrardsBullion. Other bullion coins such as the Chinese Panda or the Australian Kangaroo have a higher premium, because of their unique designs changing yearly. This design was done by Coert Steynberg, featuring the antelope effortlessly galloping through a field. The main difference between the proof coins and the bullion is the amount of serrations around the edges. The springbok is a type of antelope and the national animal of South Africa. The price is held for you regardless of your method of payment. South African Gold Krugerrands. The krugerrand is the most popular one ounce gold coin and was the first gold bullion coin minted with a content of one ounce of gold. Introduced in 1967, the South Africa Gold Krugerrand became the vehicle for private gold ownership. At the present time, gold krugerrand remains the most traded gold bullion coin internationally. At Raleigh Gold Coin Dealers are the Gold Krugerrand Experts. Like many other international coins, the South African Krugerrand offers elements of heritage and African culture on this coin. This gold coin is extremely popular amongst investors and around 1980 accounted for nearly 90% of gold investment coin sales. The Numismatic Guaranty Corporation (NGC) and the Professional Coin Grading Service (PCGS) are two companies that issue coins their grades. Simply lock in the price of the product at any time via our website. The London Coin Company offers a wide range of South African Krugerrand Gold Coin Sets to suit every collector's budget . The krugerrand is a South African gold bullion coin that was first produced in 1967 and is a legal tender gold coin, meaning that it can be used as currency to pay for goods or services. Cheapest gold bullion coin to buy (lowest premium above the gold spot price due to its popularity). So, if the coin is a 1 oz gold coin it is worth what 1 ounce of gold is worth. This product is a selection of mixed dates based on … You just need to look at the gold spot price per oz to get an idea of its price on re-sell. Sell your 1/4 Ounce Krugerrand Coin. Since its introduction, it has not lost its popularity. This elegantly designed coin is considered an interesting and unique coin for all collectors or investors. The 1oz South African gold Krugerrand coin is a global favourite with investment portfolios due to the high gold value and collectibility factor. You can decide to opt-out if you wish. The 1oz South African gold Krugerrand coin is a global favourite with investment portfolios due to the high gold value and collectibility factor. 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. Only sold in brilliant uncirculated or proof condition, the South Africa Gold Krugerrand will add a nice value to any gold collection. Because it contains one ounce of gold, it is easy to track the value of your gold Krugerrand. Free shipping on $99+ orders. The Krugerrand is a very popular bullion coin minted in South Africa. The Krugerrand. In the 1970's, its popularity boomed and it was the number one choice of gold investment among collectors and investors. We buy all Gold for the highest possible amount. Moreover, it makes the coin more resistant and durable. The price is held for you regardless of your method of payment. This coin is limited to a mintage of 20,000 pieces. First minted in 1967, the Gold Krugerrand Coin was for many years the only gold bullion coin available in the market. Gravatt-Capalaba Road Upper Mt. The Krugerrand was the first gold coin to contain precisely one ounce of fine gold, and was intended to provide a vehicle for the private ownership of gold. 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. The gold price changes everyday so the value of a gold Krugerrand value also changes all the time. This product contains 1 troy ounce (31.1035 grams) of pure gold. F ully insured shipping. We buy Krugerrand Gold coins for the absolute best price. With the Gold Krugerrand as its official gold bullion product, that history lives on today. More South African Krugerrands have been purchased than all other 1 oz Gold coins available on the market. With the market leaders, since $300 an oz. The Krugerrand was minted in 22 karat gold instead of 24 karat gold to make them more durable for circulation and trade. Since its release in 1967, its classic design depicting two key South African figures (Paul Kruger and the Springbok antelope) has been unchanged. In 1967 it was first introduced as a channel designed to encourage individuals to own gold. • 22 carat • 1 troy ounce of pure gold • Minimum Gross Weight 33.93g. Enquire about or browse our coins today. Krugerrands. The Krugerrand is famous for being the first 1oz gold coin to be mass issued. Buy Gold Krugerrands Online. In 1980 the Krugerrand accounted for 90% of the worlds bullion coin market. Easy to trade – most popular 1 ounce gold coin worldwide. Gerrards (Precious Metals) Ltd is an associate of the London Bullion Market Association and London Platinum and Palladium Market. Four versions: 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz are all still minted today. Your gold, your legacy. The South Africa Gold Krugerrand is 22 karats, 90% pure gold, 10% copper and contains one ounce of pure gold. The Krugerrand was minted as a way to market South African gold globally and to offer the opportunity to own gold privately. Made from 22-karat gold, the iconic coins were the first bullion to be made available to a private investment market and are still as highly regarded today as they were when they first made an appearance in 1969. Design of the Gold Krugerrand The Gold Krugerrand is unmistakable, featuring a springbok in mid-run. This bullion coin is extremely easy to sell all over the world. It has graced the African gold coin since its first minting. Gold Krugerrand are exempt of VAT. Before this groundbreaking system, coins were graded mostly by physical appearance and could receive one of three grades. The Sheldon Numeric Scale dictates that a coin's condition can fall between 1 and 70. 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. It would become legal tender and sold at a relatively low premium over the current gold price. Also called “crown gold”, this gold-copper alloy gives to the coin a distinctive red-orange color. The obverse was designed by Otto Schultz and features the side profile portrait of Paul Kruger. The first gold coin to contain precisely one ounce of fine gold, the gold Krugerrand was the original bullion coin to be tenderable at the market value of its face gold content and was intended from the moment of creation to enable ownership of gold amongst private individuals. Level 2 17-19 Mt. The golden Krugerrand has a purity of 916.7/1000 and a net weight of 31,1 gram. ©2020 Gerrards (Precious Metals) Ltd. All Rights Reserved. Buy Gold Krugerrand Coins. 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. In fact, the krugerrand is intended to act as a private vehicle ownership rather than  a private collectible coin. The gold Krugerrand actually weighs 1.09 troy ounces with the gold content being 1 pure troy ounce. Since 1980 the coins have also been available in fractional sizes such as half ounce, quarter ounce & one-tenth ounce. 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 Krugerrand was the first gold coin to contain exactly one troy ounce of gold. Therefore, it is the best gold bullion coin to buy for investment in physical gold. The Krugerrand is 32.77mm in diameter and 2.84mm thick. There were also special edition proof coins minted. 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. For these, the gold Krugerrand is the ideal coin for either trading or pure physical gold investment. Krugerrands are available in bullion and proof coins in four sizes. Buy South African Gold Krugerrands online at APMEX®. The South African Krugerrand began as just a 1 troy oz gold coin but due to extreme demand, smaller increments were introduced in 1980. The 1 oz Gold Krugerrand Coin is minted in 22-karat gold (.9167 fine) by the South African Mint Company. Gravatt QLD 4122 07 3349 7965 10:00am to 4:00pm (Mon. Intense marketing took place in America and Europe, and soon the Krugerrand dominated the world’s coin market. This 1967 1 oz. Paul Kruger Obverse The 1 oz Krugerrand is arguably the most iconic gold coin of its era and certainly one of the most pioneering. There are many coin grading agencies out there but only two that are revered worldwide. This product is a selection of mixed dates based on our current stock. If you are looking for fractional gold Krugerrand, you can also look at: The South African Mint produces the gold Krugerrand in 22 carats gold. Gold Summit (Pty) Ltd is a trusted South African Krugerrand dealer, an authorised dealer with Rand Refinery. Dr. William Sheldon was an American psychologist by trade and a numismatist as a hobby. Immediate delivery - Call us at (800) 375-9006. The South African Krugerrand's design was constructed by two artists, instead of one. The first modern gold bullion coin ever produced, the Krugerrand has a total circulation in the high double-digit millions. The Gold Krugerrand was introduced in 2017 in a premium uncirculated finish with a bullion gold version following the next year. Alloyed with copper for exceptional wear-resistance, this gold coin has a beautiful rose-tinted hue. Buy 1 oz Gold Krugerrand Coins Online The first Gold bullion coin in the world and a persistent favorite outside of the United States, the Krugerrand is generally one of the more affordable Gold coins on the market and is recognizable for its unique hue and depiction of a springbok antelope. Location: This product is a selection of random years coins, determined from our current stock availability. These companies not only certify coins, but they also encase the graded coin into an official holder, preserving the coin and marking the holder with its earned grade. Each coin consists of 2.826 grams of copper alloy providing increased durability, scratch resistance and unique orange-gold coloring. The Krugerrand is still incredibly popular and regarded as one of the most recognized gold coins in the world. 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. Simply lock in the price of the product at any time via our website. The obverse or front depicts president Paul Kruger while the reverse design depicts the springbok antelope and the coin date. Krugerrands are 22 carat gold, but weigh more than a troy ounce and therefore contain exactly 1 troy ounce of … Introduced as a vehicle to privately own gold, the South African Gold Krugerrand was introduced in 1967. By 1978, there were 6 million South Africa Gold Krugerrands being produced and by 1980, this coin reigned 90% of the global gold market. In 1948, Sheldon developed the Sheldon Numeric Scale, which became the foundation of grading and certifying coins. If your 1/4 Ounce Krugerrand Coin was purchased from us, … Based in Johannesburg, South Africa, we offer secure and discrete selling and buying of … 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. - Fri.) Gold Krugerrand has a proof finish, it was struck by the South African Mint. If you are looking to pay the lowest premium for one ounce gold coins, this product is ideal for you. Each and every Krugerrand is minted using approximately 91 2/3 parts gold and 8 1/3 parts copper. 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. When purchasing a Certified South African Krugerrand, there is information provided on the coin holder that is important to know. Among the one ounce gold bullion coins, the krugerrand carries the lowest premium over spot. 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. Purity and weight. 1 oz Gold Coins (Best Value – Random Mint), 1oz Britannia Gold Coin (Mixed Years – Best Value), 1oz Canadian Maple Leaf Gold Coin (Best Value), Sovereign Elizabeth II Gold Coin (Best Value), 1/4 oz South African Krugerrand Gold Coin, Gold Sovereign Coin (Best Value – Mixed Years). 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