Investing In Gold And Silver For Capital Preservation And Appreciation

Gold Krugerrands – Bullion Coins From South Africa

South African gold Krugerrands are gold bullion coins produced for collectors and investors. Many investors have questions about these coins. As a result, here is a brief introduction about Krugerrands that can help investors learn more about these gold coins.


South African gold Krugerrands are gold bullion coins produced for collectors and investors. Many investors have questions about these coins. As a result, here is a brief introduction about Krugerrands that can help investors learn more about these gold coins.

The coins originally contained one troy ounce of pure gold. Three other sizes were later added, consisting of coins with one-half, one-fourth, and one-tenth ounces of gold. Because they are legal tender, the Krugerrand could be transported into many other countries without the payment of import taxes.

Krugerrands are usually sold as gold bullion coins by precious metal dealers. This is the case because Krugerrands contain 91.67% fine gold content. This high purity is very popular with investors because they provide added liquidity in the precious metals market.

However, collectors can also purchase Proof examples of the coins at a slight premium above the coins’ precious metal value. Proof Krugerrands are available from coin dealers around the world. The most popular Proof Krugerrands include the 1/10 troy oz. Proof coin and the one troy ounce Proof coin. They are sold in presentation cases with a certificate of authenticity that provides collectors a safeguard against fake pieces that sometimes enter the numismatic market.

Finally, Kruggerands can be easily sold in the precious metals market because of their reputation for their high-quality and popularity. This is true because precious metal dealers trust the South African government to create coins that have a recognized purity and durability that makes them easy to buy and sell.

Kruggerands are alloyed with copper. One-twelfth copper is mixed with eleven-twelfths gold, hardening the coins and making them resilient to scratches. The addition of copper pushes the actual weight of the one-ounce coin above the troy ounce of 31.1 grams to about 33 grams.

Feel free to click on the following links to learn more about 1 gold coins such as the gold sovereign and to find places to buy gold.

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