Live Spot Pricing 24 Hours A Day
Gold
$1878
-16.9
Silver
$27.99
0.02
Platinum
$1155.7
3.3

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.   

 

Rolex
The Rolex Walkthrough: A Breakdown Of Current Models The Rolex Walkthrough: A Breakdown of Current Models In 1905 a visionary 24 year old watch maker Hans Wilsdorf dreamed of a precision time piece worn on the wrist. The concept of a portable time piece had been around since the development of the spring driven movement a few centuries prior. But at the turn of the twentieth century, pocket watches were the rage and most wrist watches were just ver
Rolex
The Language Of Rolex; A Brand Specific Glossary Of Terms The famous Shakespeare quote from Romeo and Juliet says, “What's in a name? That which we call a rose by any name would smell as sweet.” While this may be true with star crossed lovers, it doesn’t apply to watches. There are hundreds of homage watches striving to look like a Rolex. They look great in the advertisements, but in hand they simply don’t “smell as sweet.&r
Rolex
Sell Your Rolex With Confidence Rolex has been the standard for luxury watches for decades. As an enduring symbol of success, the brand’s unwavering commitment to quality has driven demand and prices to unprecedented levels. With that, there has never been a better time to sell your Rolex.  But because of the value and large number of pitfalls, selling a Rolex (or any luxury item or collectible) can be a nerve racking
Coins & Currency
The Paper Money Of The United States The first recorded use of paper money dates back to the Tang Dynasty in first century China.  Sixteen hundred years later, the New World colonies began issuing their own currency to facilitate trade. This was the beginning of “American” paper money. Over the coming two centuries, our nation has taken currency through a number of changes. And from these early colonial pieces to now

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 offer transparency in how they price the bullion over the phone and are friendly and easy to deal with.
Patrick Clegg