Live Spot Pricing 24 Hours A Day
Gold
$1684.1
-18.7
Silver
$25.18
-0.11
Platinum
$1145.3
13

SOUTH AFRICAN GOLD KRUGERRANDS

AVAILABLE IN 1 OZ, 1/2 OZ, 1/4 OZ, AND 1/10 OZ. 

The 1 oz Gold Krugerrand Coin was first minted on July 3, 1967, and was the only gold bullion coin available in the market for many years. This harbinger bullion coin was minted in 22-karat gold (.9167 fine) by the South African Mint Company. Alloyed with copper for special wear-resistance, this gold coin has a beautiful rose-tinted hue. Unlike most national minted gold bullion coins, Krugerrands, have never had a face value or denomination because their value was linked directly to the daily gold price. The 1oz Gold Krugerrand is perhaps still the most widely owned and actively traded gold bullion coins overall.

The history of the South African Mint goes back to the opening of the first state mint in Pretoria in 1892. Production began when South Africa’s annual gold mine production averaged nearly three-quarters (75%) of total western world gold production. The promotion of physical gold bullion was considered vital to South Africa’s gold industry. Especially after 1971, physical gold trading became more vital following the final collapse of the Bretton Woods Agreement effectively ending the international convertibility of US dollars into physical gold bullion. The current South African Mint came into being in 1941 when the South African government took over the Pretoria branch of the Royal Mint.

In 1980 the fractional Gold Krugerrand (½ oz, ¼ oz and 1/10 oz) were added to the coin mintage to assist smaller more affordable price per coin purchases.

Then as well as now, the gold vehicle many investors select remains the 1oz Gold Krugerrand. In the 1960s the Gold Krugerrand was developed by the Chamber of Mines of South Africa, the South African Reserve Bank, and the South African Mint to help boost gold demand around the world. This spectacular coin was the world’s first troy ounce-denominated gold bullion coin. The Gold Krugerrand coin is legal tender in South Africa, it was never struck with a face value. This was deliberately done to better relate the value of each 1 oz Gold Krugerrand coin directly to the world’s fluctuating gold spot price. 2017 marked the 50th anniversary of the world-famous Gold Krugerrand Coin.   

 

Bullion
Ten Reasons People Collect Coins, Medals And Tokens An old rare coin adage goes, “People are like crows, they like things big and shiny.” I don’t know a lot about corvid habits, but I have met literally thousands of collectors. Take my word for it, humans do like shiny objects. Every collector approaches the hobby with an individual slant. Most fall into predictable collecting patterns or follow distinct blue prints. And some wi
Bullion
Building A Twentieth Century Type Set The twentieth century was one of great change for the United States. In 1899 the US was a budding world power. By 1999, we were the world leader. The century saw many changes, and through these exciting times, rare coins evolved along with our great nation. To begin the century, President Theodore Roosevelt pushed a redesign of all the circulating coinage. At the time this was called his “pe
Bullion
Understanding Silver Bullion And Building Wealth In the wake of the national news about #silversqueeze there is a lot of hype surrounding the precious metals market. This investment arena has always been volatile and unpredictable, but we believe in a sound strategy of accumulation will build wealth. We would never suggest an all eggs in one basket approach, but a well-rounded portfolio would be lacking if it wasn’t positioned in tangible
Coins
The Modern Coin Collector Tool Kit Modern rare coin enthusiasts have the luxury of a huge online numismatic community that has blossomed over the last decade. In this new century armed with little more than a laptop and a loupe, collectors will have what they need to dive headlong into the deep waters of coin collecting. A collector needs a few simple tools to effectively make purchases and fully enjoy their new treasures. At U.S.

FOLLOW US ON INSTAGRAM  Instagram

OR JOIN OUR NEWSLETTER

We share educational articles, specials, and general updates. Be the first to be in the know. 

They were very professional, personable and efficient. They trusted - without seeing the actual paper - the quote I received elsewhere for a Rolex watch. They didn’t meet it - THEY BEAT IT! Very nice, safe place to do business.
Monica W