Search Results - Krugerrand
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The Krugerrand is a South African gold coin, first minted in 1967 to help market South African gold. It is produced by the South African Mint Company. The Krugerrand was introduced in 1967, as a vehicle for private ownership of gold. It was actually intended to circulate as currency. Therefore it was minted in a more durable gold alloy, unlike most other bullion coins. An ordinary coin has a fixed legal tender value which is stamped on its face, which is normally greater than the bullion value of its metal. Earlier gold coins such as the British sovereign had a fixed face value, which was originally more than, and later could be much less than the bullion value of the gold content. The Krugerrand has no face value; its legal tender value is the bullion value of its metal at the current market price of gold. The Krugerrand was the first bullion coin to have this kind of legal tender value. It was also the first gold coin to contain precisely one ounce of fine gold.
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Showing 1 to 12 of 12 Articles matching 'Krugerrand' in related articles. |
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1. Krugerrand Gold Coins Investment
November 06, 2009
1967 was the first year that Krugerrand gold coins were first minted in South Africa. They were first produced for currency but also so the African population could take ownership of gold. To stop markings it was minted in a durable alloy which is a more copper looking colour compared to other national gold bullion coins.It is the current spot price that gives krugerrand gold coins there value, unlike other gold bullion coins which also have a face value. There is no other gold bullion coin in history that has depicted its value like this. The coin was also the first to be measured and minted ... (read more)
Author: Darren Massey
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2. Canadian Maple Leaf Gold Coin Investment
November 05, 2009
The Canadian Maple Leaf Gold Coin is a fantastic investment today.Minted by the Royal Canadian Mint, it is the official gold coin of Canada.The best thing about the Canadian maple leaf gold coin is that it is one of the purest gold coins in the world. It was first minted in Canada in 1979. The only other gold coin around at the time was the South African Krugerrand. In 1982 the coin was changed from .999 to .9999, vertually pure gold. It was so pure that the coins started getting handling marks, With all thats going on in todays economy the Canadian maple leaf gold coin is still the investor m... (read more)
Author: Darren Massey
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3. Buying the Canadian Maple Leaf Gold Coin
November 05, 2009
The Canadian Maple Leaf Gold Coin is a fantastic investment today.The maple leaf is minted by the Royal Canadian Mint and is the countries official gold coin.One of the purest gold coins today is the Canadian maple leaf gold coin. It was in 1979 that the Canadian maple leaf was first minted. The Krugerrand was the only other coin in circulation at the time.In 1982 the coin was changed from .999 to .9999, vertually pure gold. There is a small problem of handling marks due to the pure gold content, but investors don't seem to mind as it is still in very high demand.With all thats going on in tod... (read more)
Author: Darren Massey
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4. How to get started investing in Gold
August 21, 2009
Gold
If you are thinking of buying gold, it’s very possible that your first thought is to buy Krugerrands, and if you do that you would be okay because only in rare instances are there are better forms of gold for investing purposes. Now is a great time to invest in gold and precious metals.
Gold IRA
Of the best known gold bullion coins, the Krugerrand nearly always carries lowest premium. If you are able to find a company that offers institutional rates on their gold, you will be getting the lowerst price possible. Additionally, the Krugerrand enjoy a very active market,... (read more)
Author: andrea marie
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5. World Gold Bullion Coins: Gold Eagles, Gold Maple Leaf, Krugerrand, and More
August 04, 2009
Coins are usually collected just as a hobby. But you can actually buy these things called gold bullion coins, which retain a value equal to their weight in gold, literally! Gold bullion coins are usually available in a variety of sizes, usually 1 troy ounce or less. There are so many world gold bullion coins released by various countries.
The South African Krugerrand was first issued in 1967. The Krugerrand is available in one, half, quarter, and tenth troy ounces. It has a fineness of 22 carats, meaning it is 91.67% pure gold. Over 46 million ounces of the South African Krugerrand have b... (read more)
Author: Niyaz Kazi
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6. Thinking of buying Gold? Krugerrands
July 21, 2009
If you're thinking of buying gold, it's very possible that your first thought is to buy Krugerrands, and if you do that you would be okay because only in rare instances are there are better forms of gold for investing purposes. Of the best known gold bullion coins, the Krugerrand nearly always carries lowest premium. Additionally, the Krugerrand enjoy a very active market, which in important when it comes time to sell. Although first minted in South Africa in 1967, the Krugerrand was introduced in the United States in 1975 immediately after the federal government lifted the ban on Ameri... (read more)
Author: Bill Haynes
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7. The Gold Krugerrand Coin Pendant - Wear It With Pride
May 19, 2009
Why is it that your Gold Krugerrand Coin Pendant looks to be of great importance? Well, just because it was in 2007 that the South African Krugerrand gold coin marked its 40th anniversary, having first been minted in 1967. Apart from the vintage feel, these gold bullion coin pendants were made using one troy ounce Of .9167 pure gold ( 22k ). There are other variations of the coin pendant having 14K gold composition but however, they are all wonderfully minted.
The sales of the Gold Krugerrand Coin Pendant have now reached their final high since more and more collectors and even financiers... (read more)
Author: Christina Goldman
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8. What Is The South African Krugerrand Mini Gold Coin?
May 12, 2009
You might have thought you were dreaming when you first came across a South African Krugerrand Mini Gold Coin. Of course, you are familar with the popular South African Krugerrand gold bullion coin but is this tiny thing for real?
You are still sane so don't worry. What you have just encountered are authentic reproductions of the bigger Krugerrand gold bullion coins. What makes them extraordinarily appealing to collectors and stockholders as well are its pragmatic renditions of the much costly version.
Since gold is once more climbing to levels that have never been experienced before, ... (read more)
Author: Christina Goldman
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9. Do You Know Which Gold Krugerrands Are Considered The Most Valuable?
May 11, 2009
The beautiful South Africa Gold Krugerand Coins are found, minted and sold in South Africa. One of the largest producers of gold in the world, South African has an abundant supply of precious metals that come from the deep mines surrounding Johannesburg.
Countries often connect the designs of their currencies according to particular historical accomplishments. That is why one person named Stephanus Johannes Paulus Kruger was selected to bear the imprint on their legal tender. The gold bullion coins made in SA derived its name from him and called it the Krugerrand.
The reason why there'... (read more)
Author: Christina Goldman
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10. Canadian Gold Coins
April 03, 2009
When anyone begins to think about Canadian gold coins it's almost guaranteed that the Canadian Maple Leaf will come straight to mind. The Canadian Maple Leaf coin consists entirely of Canadian sourced gold.
The Krugerrand coin of South Africa sits at only 22 karat compared to the 24 karat gold Canadian Maple Leaf. Likewise the American Eagles coin contains a small percentage of other metals too. The additional metals the Krugerrand and American Eagles contain are intended to ensure a more hardy coin. The Canadian Maple Leaf coin is rarely circulated and given its purity would not wear wel... (read more)
Author: Ian parks
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11. Buying Bullion
March 23, 2009
How do you make the right choices when considering buying bullion? Sometimes it can come down to your personal preference but it's no surprise that one of the most popular choices is for gold bullion.
Before you jump in and hand over your hard earned cash you should research the various types that are available. A straight out investment purchase is a lot easier to make than an emotional one where the country of origin, the potential receiver and or the length of time you intend to keep the bullion for, needs to be taken into consideration.
The Krugerrand coin of South Africa is ... (read more)
Author: Ian parks
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12. Gold: Safe Haven or a False Idol?
October 07, 2008
As the financial crisis continues, investors are searching for safety anywhere they can get it. Real estate is obviously out. Equities are getting hit. The currency markets are roiling.
Throughout history, gold has acted as a safe haven in times of economic stress.
Should you be investing in it?
Investors around the world are flocking to the yellow metal. The South African Rand Refinery which manufactures the popular Krugerrand coin, is now operating its plant 7 days a week to keep up with demand for its gold coins. Similarly, the Austrian mint has added weekend production.
... (read more)
Author: Tracey Ryniec
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