Limited Edition Gold. STEP 1: Login to Online Banking. Krugerrands. The gold coin does not display a face value, because its value is directly connected to the going gold price on the world market.1,2 In other words, as the gold price rises and falls, so does the value of the Krugerrand. We even offer the option to buy Gold Krugerrand coins and pick them up in our physical location. You can buy the Krugerrand in various fractions of an ounce, such as a tenth, a quarter, a half and a full ounce. Pure gold, at 24 carats, is too soft to be minted so it is “cut” with various amounts of metal to make it hard enough to mint. STEP 2: Select the Shares + Gold tab. Before this groundbreaking system, coins were graded mostly by physical appearance and could receive one of three grades. Kruger remains one of the most divisive and well-known political figures from the 19th century. Although most of our business is trading in South African Gold Coins, namely the famous Krugerrand, we also trade all world gold and precious metal coins. This design was done by Coert Steynberg, featuring the antelope effortlessly galloping through a field. Buy Gold Krugerrand Coins at Low Premiums. BIDVAULT PLATFORM - NOW OPEN . Both coins will carry the SAME amount of gold. STEP 4: Click on the Menu tab. Dimensions (mm) 32.60 x 2.84.The Krugerrand was the first gold bullion coin to be produced, in 1967, and the design has not changed, with the exception of the date of minting, in over half a century. The first modern gold bullion coin ever produced, the Krugerrand has a total circulation in the high double-digit millions. In 1948, Sheldon developed the Sheldon Numeric Scale, which became the foundation of grading and certifying coins. Have they been approved by the South African Association of Numismatic Dealers (SAAND) and the SA Mint? The price is held for you regardless of your method of payment. In 1980 the Krugerrand accounted for 90% of the worlds bullion coin market. 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. How to buy Krugerrands. FSP 41040. The gold Krugerrand actually weighs 1.09 troy ounces with the gold content being 1 pure troy ounce. We even offer the option to buy Gold Krugerrand coins and pick them up in our physical location. Be highly protective about any details or information concerning the coins. STEP 5: Select Krugerrands on the Buy menu. Many vendors do not like card-related transactions because of the extra commission charged by banks. STEP 6: Select the denomination you want to purchase. Buying Gold Krugerrand Coins online is simple. The obverse was designed by Otto Schultz and features the side profile portrait of Paul Kruger. The South African Krugerrand's design was constructed by two artists, instead of one. The South Africa Gold Krugerrand is 22 karats, 90% pure gold, 10% copper and contains one ounce of pure gold. Let’s find out about Krugerrands and how you can purchase and invest them. The price is held for you regardless of your method of payment. We sell Gold Krugerrands and all major bullion bar and coin products and … The most common concern when buying bullion online is fraud. Buy South African Gold Krugerrands online at APMEX®. In 1980, krugerrand gold coins represented 90 % of the gold bullion coin market. There were also special edition proof coins minted. Purity and weight. Referred to by many as the “Spot” price of one ounce of gold, add to it the vendor’s commission, which usually ranges from 6 to 12%. 1, Below are some guidelines to follow when buying a Krugerrand. For the fastest service, sending a bank wire is the preferred payment method for buying gold bullion. Often the low levels of the gold price do not work in tandem with an acceptable exchange rate of the Rand. 1, You can buy and store your gold coins using a bank’s online platform.2, You need to go to the coin shop, sign some documents and prove your identity before you can take possession of your Krugerrands. Administered by PrimaryAsset Administrative Services (Pty) Ltd. If you're just looking for gold, then this is the cheapest way to buy. 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. In this way, you’ll protect your business’s integrity and the standard of the bought coin. The South African Krugerrand began as just a 1 troy oz gold coin but due to extreme demand, smaller increments were introduced in 1980. If you need assistance or more information, visit the COVID-19 Corona Virus South Africa Resource Portal. Description; Specifications.Buy gold Krugerrand online with GerrardsBullion. The coin was created as a means for the private ownership of South African gold bullion coins by the general public and was first minted at the South African Mint on July 3, 1967. The alloy of the Krugerrand was selected at 22 carat or 916.7% gold with the balance being copper, the old traditional alloy of gold coins.. As with any large purchase, it pays to do your research and be an informed consumer. If you can buy and invest with Krugerrands online, you can also buy online affordable car insurance with PMD. 1980 was also the year the South African Mint decided to add other fractional coins: half, quarter, and tenth ounce. 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. The obverse or front depicts president Paul Kruger while the reverse design depicts the springbok antelope and the coin date. 1, Perhaps it is more meaningful to visit the local coin store to find out about buying Krugerrands. Storage available FREE for 8 months subject to a minimum order of £250.00 More info > Out of stock. Simply lock in the price of the product at any time via our website. You don’t have to contact any one, but you can use the call-back facility if you need to. Mr. Cliff Johnson, the present managing director, established the Cape Gold Coin Exchange in Cape Town on the 7th August 1977. This gold coin is extremely popular amongst investors and around 1980 accounted for nearly 90% of gold investment coin sales. 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. £ 3203.50. 1/10 Oz Krugerrand R3 363.00. 1. 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