gold bars when investing sizable sums. The South African Mint is located in Centurion, Gauteng province near the city of Pretoria. The krugerrand is the most popular one ounce gold coin and was the first gold bullion coin minted with a content of one ounce of gold. Buy Gold Krugerrands Online. $1,996.99. The South Africa Gold Krugerrand coin is one of the most widely owned gold coins to date, with sales of over 50 million ounces since inception. It works in concert with the Rand Refinery to produce Gold Krugerrands. In 1970, rising demand for and popularity of the Gold Krugerrand helped push mintage higher. Gold Krugerrand coin prices are based on the world’s fluctuating gold spot price. You even might be able to get bullion prices for them. Buy Gold Krugerrand Coins at the lowest price guaranteed at SD Bullion. As we continue to monitor the rapidly evolving situation, we plan to reopen our storefronts on May 4th, 2020. You’ll also find limited-issue proof Gold Krugerrands struck by the South African Mint. We buy gold everyday at market value and more. This gold Krugerrand is the one of the most tradeable coins being made solely for a purpose of investing in gold bullion. First minted in 1967, the Gold Krugerrand Coin was for many years the only gold … In accordance with Gov. The Gold Krugerrand is one of the most invested in gold bullion coins in the world. 1 Oz Krugerrand R31 161 .00 PRICES BELOW are indication prices only (in South African Rands) and fluctuate according to the GOLD price, R/$ exchange rate, at the time of trade and quantity of coins traded 08H00 (South African Time) 06/01/2021 and only valid until 12H00 . 1 - 9. Gold Krugerrands are produced by the Rand Refinery in South Africa. From 1967 to 1979, the Gold Krugerrand was the only option. Be well, take care of each other, and stay safe. It is distributed from the South Africa Mint in tubes of 10 and/or 15 coins per tube. Give us a call for a quote on your gold coins in Houston today. In recent years, Gold Krugerrands have been worth $1,275 on average. South African 1 oz Gold Krugerrand Coin BU (Random Year) $1,986.99. Were you to count these serrations, you’d find a total of 160 serrations on the gold bullion coin compared to 220 serrations on the proof coins. Buying gold and silver makes a lot of sense, especially within the context of the unprecedented events of 2020. Inslee’s statewide stay-at-home measures, we will be closed to the public for two weeks starting Thursday, March 26. While gold investment-grade coins are now, seemingly, a dime-a-dozen for buyers, there was a time when the Gold Krugerrand was the only choice when buying gold coins for private investment. By creating an account, you are agreeing to the Terms of Service and the Privacy Policy. This has been an unusually active time for the metals market, and we are working hard behind the scenes to meet increasing demand. The Krugerrand, a gold bullion coin, was first struck by the South African Mint in 1967. Prices of Gold Krugerrands in U.S. Today, Krugerrands are available only in the secondary market and sell at prices below Gold Eagle prices. The South African Krugerrand was the first gold coin to contain one troy ounce of gold. Simply stated, it is the cheapest available gold bullion product on the South African market. The 1970 issue saw 200,000 coins released, rising to 6 million coins for the 1978 issue. AGW / ASW (Actual gold/silver weight): The AGW/ASW of a bullion coin or bar is the amount of pure gold/silver content in troy ounces. Discreet fully insured delivery. Although the Gold Krugerrand proved immensely popular right out of the gate, its availability would suffer in the 1970s as a result of Western economic sanctions. The South African Gold Krugerrand coin has a complex history. Houston Coin Buyers is the BEST … Between 1979 and 1989 though, the Canadian Gold Maple Leaf, Chinese Gold Panda, American Gold Eagle, British Gold Britannia, and Austrian Gold Philharmonic coins all came to market as other options for gold buyers. SD Bullion's most popular gold coins, bars, and bullion include Gold American Eagles, Buffaloes, Maples, US Gold, Krugerrands, Pandas, and a wide selection of gold bars. For that reason some speculators will hold them as a gold investment. The current ask purchase prices for one gold Krugerrand is: $1993.1. If you're just looking for gold, then this is the cheapest way to buy. Gold Price Group 10440 N. Central Expressway Suite 800 Dallas, TX 75231 Tacoma 253-328-4014. In 1998, for example, just 23,277 coins were struck. While there are a number of pros for owning gold in the form of Krugerrands (recognisability, history, ease of acquisition, legal tender status, and so on), the immediate and chief advantage is undoubtedly the price. The coins debuted in 1967 as a means for the South African government to promote the vast gold, precious metal, and gem reserves of the nation. In response to its popularity, the South African Mint expanded the collection to feature three fractional-weight coins: 1/2 oz, 1/4 oz, and 1/10 oz. For the fastest service, sending a bank wire is the preferred payment method for buying gold bullion. Learn all about the rich history of the South African Gold Krugerrand with JM Bullion. Most of all, we want to extend our sincerest apologies to our customers and thank you for your continued support during this time. When physical gold supplies cannot properly meet bullion investor demand, the premiums or prices per Gold Krugerrand coin can increase sharply over fluctuating gold spot prices (e.g. The only change that has come in over five decades of production is a modernization of the images used on either side. You can tell by looking at the clarity of the images and quality of the coin. The price is held for you regardless of your method of payment. gold bars or 10-oz. The coins are a product of the South African Mint, which is a privately owned mint in South Africa that works with the South African Reserve Bank to produce both the circulation coins in the South African rand currency and the South African Gold Krugerrand. * Prices subject to change, contact any of our stores for the most up to date price. Buy Gold Krugerrand Coins. Get the best deals on South African Krugerrand 1980 Gold Bullion Coins when you shop the largest online selection at eBay.com. The South African Gold Krugerrand may have debuted as a 1 Troy oz coin, but it did not remain as a singular option for long. The South African Gold Krugerrand. Buying Gold Krugerrand Coins online is simple. If you’ve placed an order through one of our stores, please know we will be fulfilling all backorders as swiftly as possible, as well as working to replenish our inventory during this time. Simply lock in the price of the product at any time via our website. Over many decades this gold coin has become one of the most popular bullion coins chosen by investors. Obverse: The left-profile portrait of Paul Kruger features on the obverse surrounded by the Afrikaans term “Suid-Afrika” and the English translation of “South Africa.” Kruger was a popular Boer military and political figure in the late 19. Buy Gold Krugerrands online. The antelope is depicted running across a field with engravings of the year of issue, weight and metal content, as well as the name “Krugerrand” accompanying this design field. Official 22k South African Gold Krugerrand Coins recognized globally. Gold krugerrand prices. The physical size and total weight is irrelevant to its AGW/ASW (how much pure gold or silver) it contains. After its original productions and subsequent success, the Krugerrand galvanised many other gold mints to produce a bullion coin of equal standing. At this point in its history, South African was ruled by a minority white government and the system of apartheid in place in the country kept the native black population from gaining control of lands, moving up in society, and adequately representing itself in government. You can call us at 800-276-6508, chat with us live online, or simply send us an email. While gold investment-grade coins are now, seemingly, a dime-a-dozen for buyers, there was a time when the Gold Krugerrand was the only choice when buying gold coins for private investment. The price will be close to the spot price of gold. The Krugerrand (/ ˈ k r uː ɡ ə r æ n d /; Afrikaans: [ˈkrœjərˌrant]) is a South African coin, first minted on 3 July 1967 to help market South African gold and produced by Rand Refinery and the South African Mint. Krugerrand 1 oz: 1,948.35 -0.12: USD per 1 Ounce 1/7/21 03:07 PM Krugerrand 1/10 oz: 167.60 0.66: CHF per 1/10 Ounce 1/7/21 11:00 AM Its diameter is 32.7 mm, thickness 2.83 mm. The coin was uncontested in the market for more than 12 years, with the Canadian Gold Maple Leaf offering the … The South African Gold Krugerrand was introduced in 1967 as the official bullion coin of South Africa, and became the first commemorative gold bullion coin on the market as a vehicle for private gold ownership. However, large investors should consider buying kilo (1,000 gram/32.15 oz.) 10 - 19. As a result of this system, and in an effort to break South Africa’s apartheid system through economic measures, Western governments adopted a stiff boycott on South African goods. Krugerrand online fast shipment fully insured 1 oz silver krugerrand value melt 1 oz gold krugerrand coins kitco 1 oz south african gold krugerrand coins money metals south african gold krugerrand 1 oz best price ships free krugerrand wikipedia. Check/Wire. The 1 oz Gold Krugerrand Coin is minted in 22-karat gold (.9167 fine) by the South African Mint Company. or a valid trading coin without a face value. Krugerrand prices and the price of all gold coins will move in line with the current gold prices, since the bulk of their value comes solely from the gold content of each coin.. Krugerrands remain favorite gold coins for buyers seeking to buy bargain bullion gold. Get your .9167 pure 22k Krugerrand Gold Coins as the lowest gold prices with SD Bullion. This has been a difficult decision, as it’s been our goal to remain open as long as we could safely serve our community during this crisis, but this action is needed in order to minimize contact, help stop the spread of COVID-19, and keep our customers and staff safe. It was founded in 1890 as the first national mint of South African, became a branch of the Royal Mint of England in 1923, and reverted back to independent mint status in 1941. The Krugerrands are minted in 22 carat but contain one troy ounce of pure gold. First produced in 1967, the Krugerrand celebrated its 50th birthday in 2017, and it’s still one of the top-selling gold bullion coins in the world.. During the late 1960s and early 1970s, South Africa mined 75 per cent of the total gold output in … Quantity. Fast shipping. ... 30 year gold price history graph of gold prices last 10 years may 2020 gold prices … 2008 Financial Crisis gold coin shortage). The coins debuted as a 1 Troy oz specimen with 22-karat gold content. No gold bullion coin in the world has a richer history than the South African Gold Krugerrand. No gold bullion coin in the world has a richer history than the South African Gold Krugerrand. In 1980 smaller sizes were added (1/2 oz, 1/4 oz and 1/10 oz) and all 4 sizes have the popular reeded edge for added security. Most modern gold and silver coins and bars are 999.9 pure however, in the case of the American Gold Eagle and South African Krugerrand … When originally released in 1967, the South African Gold Krugerrand had limited mintages each year. The Gold Krugerrand instantly became the first modern gold bullion coin available for private investment. At this time, the country in which it was minted was practicing the much-criticized system of racial segregation and discrimination known as apartheid, which has influenced the Krugerrand's own history. This popular Gold bullion coin comes in 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz sizes, in addition to Gold Krugerrand sets. Krugerrand - Minted since 1967, The South African Krugerrand is the most popular and numerous one ounce bullion gold coin in the world and offers a great value way to invest in gold. Dollars were over $1,900 in September 2011 and traded under $1,100 at the end of 2015. Our selection includes all of these popular sizes, making it easy for you to add … Gold Krugerrand prices fluctuate, but the popularity of the Krugerrand Gold bullion coin only increases. It was established in 1920 to refine South African gold and owns the trademark on the word “Krugerrand.”. 1783 MO Mexico 8 Reale “El Cazador Shipwreck”, 1914 China Silver One Yuan Fat Man Dollar, 2010 Australia $100 Gold Year of the Tiger, Ireland 1723 Rare George I Hibernia William Woods Halfpenny, $10 Liberty Head Gold Eagle Motto Above Head, $20 Saint-Gaudens Gold Double Eagle No Motto. In 1980 the fractional Krugerrand's (1/2 ounce 1/4 ounce and 1/10 ounce) were added to the 1-ounce Krugerrand in order to assist the smaller buyer to obtain gold at an affordable price.The Krugerrand is unique in that it is legal tender. At one point, these coins made up the vast majority of the global gold bullion trade – and they remain quite popular to this day. • South African Gold Krugerrand: The Gold Krugerrand is prized around the world, with a highly sought-after design inspired by history. Enter your email address and we will send you a link to reset your password. © Copyright 2021 JM Bullion. Though the South African Gold Krugerrand would continue to find its way out of South Africa and into the hands of North American and European buyers, the larger impact was the introduction of other gold coins which Westerners could more easily purchase. As mentioned earlier, the major design difference between the two comes in the form of the number of serrations noticeable on the coin’s obverse and reverse sides. We have included some old gold coins on this page that are highly collectible. Production in the years post-apartheid has been much lower than the highs of the 1970s. Krugerrand gold coins 1 oz spot price cur prices investing in gold krugerrand coins krugerrand krugerrands value gold what is a krugerrand coin how to get the best price for krugerrands still a safe haven bet even as world wakes up to 1 oz gold krugerrand coins kitco. South African Gold Krugerrand – South Africa’s primary offering for the gold bullion market is the Krugerrand. First issued in 1967, the Krugerrand became the most traded one ounce gold investment in the 1980s. The Rand Refinery is the largest single-site precious metals refining and smelting complex in the world. To this day, the South African Gold Krugerrand features these designs: There is one important design element of note that separates bullion Gold Krugerrands from any proof offerings of the South African coin. Both sides of the coins have serrations around the very edge of the design field. A newer Seattle-area coin and bullion dealer, Emerald City Gold has quickly earned the reputation of being one of Seattle's best gold dealers. In 1967 the South African Gold Krugerrand 1 oz was an overnight success because it moved directly with the price of gold and its 1 oz size made for easy valuation. Reverse: This side of the coins includes the image of a Springbok antelope, the official symbol of the modern Republic of South Africa. The South African Gold Krugerrand coin has long used the same design elements on both its obverse and reverse faces. With billions of dollars in transaction volume, an attractive two-way, buy/sell market and consistently competitive prices, Monex remains a preferred source for gold coin investments. Are you looking to sell 1 oz Krugerrand Gold Bullion Coins in Houston Texas? Coert Steynberg modernized this design in 1984. Add To AutoInvest. As Low As. Buy Gold Coins & Bars Online at the Most Trusted Bullion Dealer. Krugerrands are 22 carat gold, but weigh more than a troy ounce and therefore contain exactly 1 troy ounce of fine (24 carat) gold. Buy Gold at the Most Trusted Online Bullion Dealer in the US! 1oz Gold Krugerrand Proofs are the ultimate … They carry an impressive range of silver, gold, and platinum bullion products, including a large number of cheap silver bars, fractional gold bars, silver rounds, and 90% junk silver. Buy gold f with cheap prices, low premiums and fast delivery The 1-ounce gold Krugerrand is 91.67% fine gold, and weighs 1.0909 troy ounces. Investors looking to buy or sell Krugerrand Gold coins online or over the phone should call Money Metals Exchange directly at 1-800-800-1865 to inquire about Krugerrand Gold coins … We can’t wait to serve you again soon. Monex proudly offers the South African Gold Krugerrand in units of ten coins. Please don’t hesitate to reach out to JM Bullion if you have questions about buying gold in the South African Krugerrand collection. So, when the US … All Rights Reserved. To this day, all four versions remain in production with 22-karat (91.67%) gold content. ... And gold prices tend to move in the opposite direction of the US dollar. Our showrooms are temporarily closed, but we are now taking bullion orders. The success of this gold bullion coin encouraged major mints all over the world to issue their own 1oz gold coins. Some gold coins may have a value that is far higher than their gold content alone because they are from a year when not many coins … Proof 1oz Gold Krugerrand coins have a mirror-like finish, they are specially made for collectors. The name is a compound of Paul Kruger, the former President of the South African Republic (depicted on the obverse), and … Below we reveal the cheapest ways to buy gold and silver, and how you can find the least expensive places to buy gold coins, gold bars, and silver – including various online retailers. Free shipping on many items | Browse your favorite brands | affordable prices. Subscribe to the JM Bullion newsletter to receive timely market updates and information on product sales and giveaways. From 1967 to 1969, the annual cap was set at 40,000 coins. Gold bullion coins got their start in 1967 when South Africa introduced the Krugerrand. In 1980, the Gold Krugerrand was so popular that it accounted for 90% of the global gold coin market. Since its release in 1967, its classic design depicting two key South African figures (Paul Kruger and the Springbok antelope) has been unchanged. Alloyed with copper for exceptional wear-resistance, this gold coin has a beautiful rose-tinted hue. Certain dates of these coins in nice, uncirculated condition will fetch a substantial amount of money. In 1970, rising to 6 million coins for the 1978 issue your password bullion... Sense, especially within the context of the global gold coin has a richer history than highs... 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