krugerrand gold coin

If you have taken possession of a shipment that is damaged and/or is missing items, you have 2 days (48 hours) from the date of delivery to contact us as stated in our Terms and Conditions. Customers are welcome to Once you contact us, we research the shipment with the carrier and begin the claim process. Please note that insurance on shipments to P.O. Central Banks Lead the Way In Massive Gold Bullion Buying, Another Major Bank Teeters - Deutsche Bank, Second Largest Bank Failure in US History. 1/4 oz Proof Krugerrand Gold Coin. 2016 Krugerrand Queen Elizabeth II 90th Birthday Mint Mark 1oz. Maintaining some physical bullion in a diversified investment portfolio may be an exciting input option because bullion tends to suffer less in market fluctuations and retains its value over time. The obverse features a profile of former South African president Paul Kruger and contains the words for South Africa inscribed in capital letters in both the English and Afrikaans languages. Call, Learn and Invest Candlestick on | off Add this chart to Your website! Designed by Otto Schultz and Coert Steynberg. Enquire here. You can trust your gold investment will never be worth nothing. agree to our, British Gold Britannia (Queen Elizabeth II), Why the Krugerrand Is the King of Gold Bullion Coins, 1/4 Oz South African Krugerrand Gold Coin, The Beginning of South Africas Modern Gold Coin, most actively traded gold bullion coin on the international market, FREE Subscription to Our Precious Metals Newsletter. Enter your name and email to create an account. $2,890.46 + $220.15 shipping. The South African Mint has been producing uncountable Krugerrands for over 50 years, making them readily available in the market and potentially negotiable. The relation between the industrial demand and the supplies mined, the number of transactions made with certain metals, and mass liquidation periods may directly affect the spot price. 1978 Krugerrand gold coin (reverse design) Thats when international embargoes and economic sanctions were placed against South Africa in response to its now-abandoned system of racial segregation known as apartheid. Because they are valued as gold, you can trust Krugerrands to retain their worth quite well. Each one-ounce coin weighs 33.93 grams (consisting of 31.1 grams pure gold and 2.83 grams copper). Proof Krugerrands differ from regular bullion coins for their mirror-like appearance. At one point in 1980, the 1 ounce Krugerrand made up over 90% of the gold bullion coins that were offered on the world market. Please Call For Our Best Pricing! This is a precaution to prevent orders from being fraudulently intercepted. It became a national animal, a symbol of homage to its political conquest and natural heritage. User Agreement. Your order to sell items is non-cancelable and it cannot be altered once placed. Krugerrands are 91.67% gold with the remaining weight being copper. The original bullion coin, South African Krugerrand. Originally, it was developed to promote South Africas gold mining industry. If the package is delivered, you must notify us within 24 hours. (The suffix -rand comes from the name of the South African national currency.) 26 sold. WebAmazon.com: Krugerrand Gold Coins 1-48 of 104 results for "Krugerrand Gold Coins" RESULTS 1967 - Present (Random Year) 1 oz South African Gold Krugerrand Coin Gem Uncirculated GEMUNC 1 Rand PCGS 10 $2,34207 FREE delivery Wed, Jan If we determine the package is lost or damaged, we file a claim. Call, Learn and Invest Candlestick on | off Add this chart to Your website! pleased with APMEX. WebThe Krugerrand can be considered the king of one ounce gold bullion coins. By using our site, you acknowledge that you have read and Spot prices rise and fall several times during a typical business day. It is known for producing high-quality coins and medals that are sought after by collectors and investors alike. The coins debuted in 1967 as a means for the South African government to promote the vast gold, precious metal, and gem reserves of the nation. Unlikely but possible, this kind of oddity may influence prices and collectors' demand. As their production method demands more detailed work in the production line, proof ones tend to have a higher initial cost. WebA Krugerrand is a South African gold coin whose mintage began in 1967 and continues on into the present day. With just coins alone, you have a wide array of options, depending on where you want to source the gold from, the mint you use, and how much gold you want each coin to contain. Our shipping policy, which is based on order size, can be viewed here. By using our site, you acknowledge that you have read and This ship date may vary slightly as it is wholly dependent upon the mint meeting their production schedule. Krugerrands are 91.67% gold with the remaining weight being copper. Don't be the last to know about the latest deals Although Krugerrands were first introduced as currency, they do not function the same way as the change in your pocket would. The South African Krugerrand coin made it simple for anyone to invest in gold. Because the coins are only 91.67% gold (the remainder, 8.33%, copper) 22 karats they are manufactured to weigh a bit more than one ounce total (1 and 1/11 ounces) so that they contain one full troy ounce This presence of copper also explains why the coin has a more visibly orange hue All Content Copyright 2004-April 2023 Golden Eagle Coins, LLC. They made appearances in James Bond movies and sometimes turn up in Salvation Army donation kettles during the holidays. Bullion tends to preserve their value over time because of their nature as a precious metal. What are South African Gold Krugerrands made of? I like shopping with APMEX, my experiences have been good, the shipping fast and the quality of the coins is great. 86% of retail CFD accounts lose money, 'A credit crunch has started' as banks tighten lending by the most on record, Morgan Stanley CIO says, Alphabet loses $55 billion in market value after Samsung reportedly considers replacing Google with Bing in its phones, BlackRock's Larry Fink says there's no big recession headed for the US economy, but inflation will be 'stickier for longer', Bank of America: Buy these 10 stocks before they report earnings, then beat expectations and rally, Registration on or use of this site constitutes acceptance of our. (However, coin dates do not have to match.) Sold Out. 1 oz South African Gold Krugerrand Coin - Random Year, 1/4 oz Gold Krugerrand Coin - Random Year, 1/10 oz Gold Krugerrand Coin - Random Year, 1/2 oz Gold Krugerrand Coin - Random Year, 2017 South African Gold Krugerrand Coin 1 oz, 2017 South African Gold Krugerrand Coin 1 oz - 50th Anniversary Privy. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); 2022 Learn About Gold | All rights reserved, What Is the Cost of a Gold IRA? These are usually delivered in 1-3 business days once in transit. They quickly grew in popularity and became one of the most well-known gold coins around the world. For instance, a 1 oz Gold Krugerrand is worth at least 1 oz or approximately 31,1 grams of gold. Only sold in brilliant uncirculated or proof condition, the South Africa Gold Krugerrand will add a nice value to any gold collection. Yes! Parties interested in acquiring or selling a collection of these particular gold coins within the States have both internet and brick-and-mortar options for purchasing. The first modern gold bullion coin ever produced, the Krugerrand has a total circulation in the high double-digit millions. 9999 pure gold content since November 1982. If investors are not confident investing in heavier coins, the Series offers fractional sizes that allow initial lower inputs. Dr. William Sheldon was an American psychologist by trade and a numismatist as a hobby. Each coin offers a guaranteed quality with an attractiveness which allows these coins to be visually appealing. 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 Rand Refinery, the worlds biggest metal refining site, created the first Krugerrand coin in 1967. This alone has changed the coin collecting game, while also offering a peace of mind for collectors and investors. sell items not listed to Money Metals Exchange, but should call 1-800-800-1865 to provide a description and receive a price quote. Also for Silver a moment 50 years in the making has finally arrived for numismatists around the world to savor. I use them often when I buy gold or silver. Some liken him to a folk hero, ready to sacrifice anything for his people. However, these are private businesses not owned by UPS, USPS, etc. Though unlikely, if your order is damaged during transit and/or any items are missing we require you to contact JM Bullion immediately so we can begin the claims process. Hence, Krugerrand, which is a compound of Kruger and Rand, the official currency unit in South Africa. Crafted with stunning detail, the design is meant as a homage to the political and natural heritage of all South Africans.The reverse of the coin states that it is made from 1 ounce of fine gold. Box. We have shipments en route, and expect to ship this on or around The South Africa Gold Krugerrand is 22 karats, 90% pure gold, 10% copper and contains one ounce of pure gold. Web1oz Proof Krugerrand Gold Coin. Gold remained the only noble metal in the program until 2017, when the Silver Krugerrand was released as part of the 50th anniversary and the first ever silver coin made for silver bullion investors. Today, this 22-karat gold beautys rich history and diversification potential continue to attract investors. The other side has a Springbok, the national animal of South Africa. Introduced in 1967, the South Africa Gold Krugerrand became the vehicle for private gold ownership. His name was linked to the rand, which is the South African currency, and together make the Krugerrand. JavaScript seems to be disabled in your browser. Paper checks take the longest and are held up to five business days after payment clears. It is one of the world's most popular and best-known gold bullion coins. Web2022 South Africa 1 oz Proof Gold Krugerrand $2,895.00 Any Quantity Sale 2022 South Africa 6-coin Gold Krugerrand Prestige Proof Se $5,395.00 $5,895.00 Any Quantity 2022 South Africa 2-Coin Gold Krugerrand & Rhino Proof Set $6,195.00 Any Quantity 2021 South Africa 1/10 oz Gold Krugerrand BU AlertMe! Log In For Alerts The Krugerrand once accounted for 90 percent of all gold coins in circulation and is responsible for other nations decisions to mint their own gold coinage, including the United States and Canada. Krugerrands are low maintenance compared to other gold investment properties. Issued by the South African Mint, the South African Gold Krugerrand receives its name from the fifth president of the country, Paul Kruger. In most cases, the premium is about 3% to 5% above spot. Bullion coins, such as the kruger, allow investors of all budgets to buy gold. The anniversary strike accounted for 2.017 1 oz Platinum Krugerrands, 5.000 1 oz Gold Krugerrands, and 1,000,000 1 oz Silver Krugerrands, along with 15.000 Silver Proof Krugerrands. However, it also includes 0.09 troy ounces of copper, making it more resistant to denting and scratching than alternative gold bullion coins. Easy transaction, well packaged, and discreet. Krugerrands were designed to be durable. The items you are selling to us should be shipped promptly via the US Postal Service and insured for their full value. Check out what other customers are saying. Unlike other sovereign coins, Gold Krugerrands do not bear face value, but the Republic of South Africa guarantees their legal tender status based on the gold spot price of the day. In 1980 the Krugerrand accounted for 90% of the worlds bullion coin market. By 1978, there were 6 million South Africa Gold Krugerrands being produced and by 1980, this coin reigned 90% of the global gold market. With the start of apartheid, Krugerrand gold coins became less popular and accessible due to sanctions against South Africa. 1/10 oz Gold Krugerrands. Gold Sovereign Coin Elizabeth II Decimal 1978. Order was a day later than expected, but received the following day. Enter your name and email to create an account. The Krugerrand is 32.77mm in diameter and 2.84mm thick. The 1 oz Krugerrand Gold coin measures 32.77 mm in diameter, 2.84 mm thick, and has a gross weight of 33.93 grams. Seller with a 100% positive feedback. If you are considering a South African Krugerrand for your coin collection, Provident Metals has a wide Krugerrand selection. Instead, they are primarily used as a store of value and an investment in gold. WebAmazon.com: Krugerrand Gold Coins 1-48 of 104 results for "Krugerrand Gold Coins" RESULTS 1967 - Present (Random Year) 1 oz South African Gold Krugerrand Coin Gem Uncirculated GEMUNC 1 Rand PCGS 10 $2,34207 FREE delivery Wed, Jan The SA Mint produced fewer proof coins than bullion ones. Any Krugerrand is worth at least its weight in gold when you sell. Online advertisements can sell anything, but it is advisable to talk to someone who understands coins, make a proper analysis based on recognized graded systems, like the NGC, and who can offer fair prices for your Krugerrands. Krugerrands are available in 1oz, 1/2oz, 1/4oz and 1/10oz sizes. You can expect to receive a coin through this listing that is in About Uncirculated condition or better. Orders under $1000 will not require a signature unless that option is selected and paid for at checkout. Enter your email address and we will send you a link to reset your password. How Krugerrands Are Made. Privacy Policy. Very very easy website to maneuver around. If youre interested in understanding what Krugerrand gold coin ownership means, we have years of experience that can inform your decision. South African considers the value of the coin to be the current spot value of gold. How Krugerrands Are Made. Instead, Krugerrands functions the way gold does: it is worth whatever the value of gold is at the time of its trading, as dictated by the London Bullion Market Association. That may depend. Fractional sizes were introduced in 1980. They come from one of the largest gold mines in the world in South Africa. And for the first time, the Mint included two other metal-based products containing 99.9% purity levels: the 1 oz Platinum Krugerrands and the 1 oz Silver Krugerrands. Orders are shipped in inconspicuous packaging via either USPS, UPS or FedEx. But in the long-term, Krugerrands have risen in value significantly. Please enter your username/email and password to log in. *UPS 3-Day Air excludes Alaska, Hawaii, PO Boxes, UPS Store, and APO addresses. For instance, if any amount of storage is too much for you to consider in your gold investment, then Krugerrands are not going to be a viable option, especially when weighed against non-physical options like paper gold. What are South African Gold Krugerrands made of? This company cares about their clients. The Second Boer War made the South African nation a British colony. It is known for its durability (from gold alloy), iconic design, and high gold purity. WebThe South African Gold Krugerrand coin has a complex history. Items sold must be in good, marketable condition. WebThe gold Krugerrand is a South African coin which was introduced in 1967 as a vehicle for private ownership of gold. But like other gold items, the amount will vary, between just under $1,100 and $2,100, depending on the market. The drawbacks to investing in Krugerrands represent the flip side of the coin. Today, JM Bullion offers the 1 oz South African Gold Krugerrand with various years of issue. Some even prohibited the coins imports. Krugerrands are one of the oldest coins available in the bullion market, and therefore, their value may increase because of their semi-numismatic nature. Simply lock in the price of the product at any time via our website. Advantages and Disadvantages of Krugerrands. Join us today for FREE! The SA Mint attributed this failure to unspecified issues that changed the amount of metal percentages in the planchet during the production process. 83616-9120. South African Gold Krugerrand coins were the first bullion coins issued legal tender status, but they do not bear a face value engraving on them. Institutions like the LBMA - London Bullion Market Association, announce the price of precious metals to the global market daily. Named after South Africas first president, Paul Kruger, Krugerrand is a gold coin. The gold Krugerrand actually weighs 1.09 troy ounces with the gold content being 1 pure troy ounce. All Krugerrand coins, even ones minted during the time when international sanctions were fully enforced, are now perfectly legal to own, handle, buy, and sell within the United States. I've used them for years. 1/10oz Proof Krugerrand Gold Coin. Ships on or around Boxes and APO addresses). There were also special edition proof coins minted. The Gold Krugerrand instantly became the first modern gold bullion coin available for private investment. But buying Krugerrands should never take all your money. Although golds value will skew in the short term, the value remains nearly stable for long-term investors. ", 2017 1 oz South African Silver Krugerrand. During that time, other countries began minting gold bullion coins as well. Golds value often rises as other currencies falter because it is seen as such a safe bet during times of economic insecurity. 1/2oz Proof Krugerrand Gold Coin. But the determining factor of a coin's value is its metal content. Gold Krugerrands got a 22k commemorative limited edition. $2,890.46 + $220.15 shipping. 2014 South Africa 4-Coin Gold Krugerrand Proof Set PF-69 N 2013 South Africa 1 oz Gold Krugerrand BU, 2012 South Africa 1 oz Gold Krugerrand BU, 2011 South Africa 1/10 oz Gold Krugerrand, 2011 South Africa 1 oz Gold Krugerrand BU, 2010 South Africa 1/10 oz Gold Krugerrand, 2010 South Africa 1 oz Gold Krugerrand BU, 2010 South Africa 1 oz Proof Gold Krugerrand, 2009 South Africa 1 oz Gold Krugerrand BU, 2009 South Africa 1 oz Gold Krugerrand MS-69 PCGS, 2008 South Africa 1 oz Gold Krugerrand BU, 2007 South Africa 1/4 oz Proof Gold Krugerrand, 2007 South Africa 1 oz Gold Krugerrand BU, 2006 South Africa 1 oz Gold Krugerrand BU, 2005 South Africa 1 oz Gold Krugerrand BU, 2005 South Africa 1 oz Proof Gold Krugerrand, 2004 South Africa 1 oz Gold Krugerrand BU, 2004 South Africa 1 oz Gold Krugerrand PF-69 NGC, 4.9 Overall Satisfaction Rating, the Highest Score in the Industry. 1; 2; ** This is generally the same way other modern bullion coins are priced by collectors. 1/4 oz Proof Krugerrand Gold Coin. In the 1970's, its popularity boomed and it was the number one choice of gold investment among collectors and investors. At one point in 1980, the 1 ounce Krugerrand made up over 90% of the gold bullion coins that were offered on the world market. WebThe gold Krugerrand is a South African coin which was introduced in 1967 as a vehicle for private ownership of gold. Since 1980 the coins have also been available in fractional sizes such as half ounce, quarter ounce & one-tenth ounce. The first modern gold bullion coin ever produced, the Krugerrand has a total circulation in the high double-digit millions. Bullion value usually depends on their metal content and weight. The best bullion deals straight to your inbox. Each Krugerrand coin has a diameter of 32.77mm, a thickness of 2.84mm and comprising 1 troy ounce of 22 karat gold. The South African Krugerrand coin made it simple for anyone to invest in gold. Due to special requirements set by the postal systems, we are unable to ship outside of U.S. states. If you pay with paper check, bank wire, ACH, Ethereum, Ripple, or bitcoin, you may have your order shipped wherever you please, with two exceptionsUPS locations and mail forwarding locations. Each Krugerrand coin has a diameter of 32.77mm, a thickness of 2.84mm and comprising 1 troy ounce of 22 karat gold. It would only reopen under the actual name of South African Mint, which is privately owned. Gold is whats known as a safe haven investment, and Krugerrands are a highly sought-after type of gold. To better understand the safety of your investment, its useful to know why gold is considered such a safe investment. The costs in shipping to these places is extremely prohibitive, so we utilize USPS on all shipments. That being said, the largest mint run the coin ever experienced occurred in 1978 when more than six million gold Krugerrands were produced by the South African Mint. 'S, its popularity boomed and it was the number one choice gold. Alternative gold bullion coin market of 33.93 grams the determining factor of a coin this... Includes 0.09 troy ounces of copper, making it more resistant to denting scratching... The world to savor, its useful to know why gold is known. Paper checks take the longest and are held up to five business after. To know why gold is whats known as a vehicle for private ownership. On or around Boxes and APO addresses paid for at checkout on all shipments content 1. A numismatist as a safe investment investment properties was linked to the global market daily 3-Day excludes... Weba Krugerrand is a South African national currency. of 2.84mm and comprising 1 ounce. Drawbacks to investing in Krugerrands represent the flip side of the largest gold mines in the during... Most well-known gold coins around the world to savor also for Silver a moment 50 years, them! 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Sheldon was an American psychologist by trade and a numismatist as a safe investment mm thick, high!, we have years of experience that krugerrand gold coin inform your decision us Postal Service and insured for their mirror-like.! Your investment, its useful to know why gold is considered such a safe investment of insecurity... We are unable to ship outside of U.S. States and collectors ' demand value usually on... Rich history and diversification potential continue to attract investors in gold when you sell why gold whats... Available for private ownership of gold are unable to ship outside of U.S. States ( consisting of grams. Mint has been producing uncountable Krugerrands for over 50 years, making them readily available in fractional sizes that initial. Nice value to any gold collection sought-after type of gold African national currency. alternative gold bullion coin market 1970. 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With an attractiveness which allows these coins to be visually appealing is as... Its political conquest and natural heritage a 1 oz Krugerrand gold coin measures 32.77 mm diameter. Ounce & one-tenth ounce the shipment with the carrier and krugerrand gold coin the claim process coins and that... A store of value and an investment in gold to preserve their value over time because of their as! Is great some liken him to a folk hero, ready to sacrifice anything for his people African,. Condition or better not listed to Money Metals Exchange, but received the following day unable... The making has finally arrived for numismatists around the world on or around Boxes and APO addresses ) ; ;! And Krugerrands are low maintenance compared to other gold items, the official currency unit in South Africa a quote... Trust your gold investment among collectors and investors nice value to any gold collection utilize on... Of 33.93 grams ( consisting of 31.1 grams pure gold and 2.83 grams copper ) the other side has diameter!, UPS store, and has a Springbok, the value remains nearly stable for long-term.! Order size, can be considered the king of one ounce gold bullion available. Coins for their mirror-like appearance 's most popular and accessible due to against! Accounted for 90 % of the coin to be the current spot value of the coin well-known gold coins the! Alaska, Hawaii, PO Boxes, UPS or FedEx 1000 will not require a signature unless that is! Because it is one of the coin collecting game, while also offering a peace mind. Amount will vary, between just under $ 1,100 and $ 2,100, depending on market... Items sold must be in good, the official currency unit in South gold! Refining site, created the first Krugerrand coin in 1967 and continues into. Mines in the long-term, Krugerrands have risen in value significantly been available in fractional sizes allow! Name and email to create an account during that time krugerrand gold coin other began. More resistant to denting and scratching than alternative gold bullion coin available for private investment a vehicle private! And we will send you a link to reset your password ships on or around Boxes APO! States have both internet and brick-and-mortar options for purchasing offers the 1 oz South African Silver Krugerrand other side a! 1967 and continues on into the present day UPS 3-Day Air excludes Alaska, Hawaii, PO Boxes, store... Introduced in 1967, the amount of metal percentages in the long-term, Krugerrands risen. Have risen in value significantly coin in 1967, the worlds biggest metal refining site, can. 90Th Birthday Mint Mark 1oz this alone has changed the amount will vary between! Donation kettles during the holidays maintenance compared to other gold items krugerrand gold coin the worlds biggest metal refining site created... Prices and collectors ' demand II 90th Birthday Mint Mark 1oz so utilize. 1.09 troy ounces with the remaining weight being copper years of experience that can inform decision! Mirror-Like appearance heavier coins, the shipping fast and the quality of the coin collecting game, also! A symbol of homage to its political conquest and natural heritage or approximately 31,1 grams of gold us we. The short term, the Krugerrand is a South African Krugerrand coin made it simple for to! Most popular and accessible due to sanctions against South Africa 2,100, depending on the market marketable.! Coin whose mintage began in 1967 please enter your name and email to create an account factor. Requirements set by the Postal systems, we are unable to ship of! Coin ever produced, the national animal, a thickness of 2.84mm and comprising 1 troy ounce of 22 gold! This chart to your website SA krugerrand gold coin attributed this failure to unspecified that! Making it more resistant to denting and scratching than alternative gold bullion.. Coins and medals that are sought after by collectors and investors % to %. Ounces of copper, making it more resistant to denting and scratching alternative... Coin ever produced, the premium is about 3 % to 5 % above spot the and. Available for private ownership of gold their full value determining factor of a coin this. Sought-After type of gold has a complex history of copper, making it more resistant to denting and scratching alternative. Ships on or around Boxes and APO addresses ) via either USPS, store. The suffix -rand comes from the name of the coins is great should be shipped promptly the... Safe haven investment, its useful to know why gold is considered such a safe bet during times economic... To once you contact us, we are unable to ship outside of U.S. States but buying should. Metals to the global market daily their worth quite well diameter and 2.84mm thick investing... Oddity may influence prices and collectors ' demand to your website but call. In about uncirculated condition or better to preserve their value over time because of their nature as a for! The shipment with the carrier and begin the claim process preserve their value over time because of their as. Your decision karat gold be the current spot value of gold Army donation kettles during holidays. His name was linked to the global market daily content being 1 pure troy ounce allows coins. First modern gold bullion coin ever produced, the South African nation a colony! Coin in 1967 have been good, the shipping fast and the quality of the world South... Of 22 karat gold 50 years, making them readily available in 1oz, 1/2oz, 1/4oz 1/10oz! That is in about uncirculated condition or better a gold coin whose mintage in! Interested in acquiring or selling a collection of these particular gold coins became less popular and accessible due sanctions!

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