The South African gold Krugerrand has long been recognized around the world as a go-to coin for bullion investors. The Gold Krugerrand is one of the most invested in gold bullion coins in the world. Most of the better Gold coin fakes will not give the harmonious ring that a gold coin will give. The silver and platinum coins are legal tender, but do not carry their weight value denominations, instead having tender values of R1 and R10, respectively. The Gold Krugerrand Coins and other African Gold coins are a favourite with investment portfolios due to the high gold value and collectibility factor. The 2017 edition was Premium Uncirculated, and it was followed in 2018 with the first ever bullion Silver Krugerrand. from £2,333. What is a Krugerrand coin? The Iconic Krugerrand Now Available In Beautiful .999 Silver. Buying and Selling is Easy The price of a Krugerrand is directly linked to the ruling international spot gold price, Krugerrands are simple to buy and sell as you know exactly what price you should pay or get paid. Issued in 50 oz for the first and only time in 2017 as part of the greater 50th anniversary celebrations, the coin symbolises an ounce of gold for each year being celebrated. All gold Krugerrands of this year have an anniversary commemorative sign, but at the same time they do not differ in … Below is a wide selection of specific year Krugerrands: View: Sort by: 1989 Proof 1oz Gold Krugerrand In Stock. The 2oz Gold Proof Krugerrand goes for R 74,995, while its 1oz Gold Proof counterpart is worth R 33,995. As part of its 50 year anniversary, the South African Mint is releasing a limited edition 50-ounce Krugerrand, that wealthy collectors can buy for around R2.2 million. 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Enter your name and email to create an account. The coins themselves are 22ct gold (91.67% pure gold). The first special coin is a 50-ounce gold proof Krugerrand, which has been coined as “the most monumental offering the SA Mint has created to date”, becoming the flagship offering of the 2017 Anniversary Collection. The 2017, 50th Anniversary coin prices are as follows: Mr Kruger will be selling the 50th Anniversary Krugerrand Collection, along with other collections like the 2016 Natura coin collection and the 2016 Protea coin collection, it said. Gold bullion coins got their start in 1967 when South Africa introduced the Krugerrand. The value of a Krugerrand is based upon its gold content plus a premium. Privacy Policy. The 1 oz Silver Krugerrand has already carved out strong market-share in the silver bullion coin sector for the overall series. Naturally, to be expensive a coin must also be rare. What is the most expensive coin in South Africa? As part of its 50 year anniversary, the South African Mint is releasing a limited edition 50-ounce Krugerrand, that wealthy collectors can buy for around R2.2 million. The 2017 collection marks the 50th anniversary of the coin, and the SA Mint has celebrated by minting special gold coins, as well as launching a range of silver and platinum coins. As the only means to legally possessing gold bullion in South Africa, the Krugerrand offers a … The Krugerrand (/ ˈ k r uː É¡ 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. First minted in 1967, Krugerrands are the most popular 1oz gold bullion coin in the world. The name Krugerrand is a registered trade mark of the Rand Refinery Limited. 2020 1oz Silver Krugerrand 1 ounce bullion coin the krugerrand is one of the most well known and popular bullion coins, and some of these in a collection will enhance the collection itself. Each ounce represents a single year being celebrated, and only 50 coins have been produced. According to the SA Mint, the prices for the two bigger coins are not yet finalised, but it added that they would be in the region on R190,000 for the 5-ounce coin, and R2.2 million for the 50-ounce coin. Use our gold value to get an immediate estimate price … Size variations include 1oz (1 troy ounce of pure gold), Half Ounce, Quarter Ounce and Tenth Ounce. The South African Krugerrand is prized as one of the world’s oldest and most recognizable gold bullion coins.Its pioneering example as the first gold bullion coin accessible to everyone puts the Krugerrand on the pedestal of history and makes it an essential … The name is a compound of Paul Kruger, the former President of the South African Republic (depicted on the obverse), and rand, the South African unit of currency. Gold price is … ... Maybe because 2017 is the 50th anniversary of the Krugerrand so people think 2017 is going to be a special issue. Read: You can now buy silver and platinum Krugerrands – here’s how much they cost. in fact most of the base metals including tungsten which is being currently used in these gold coin fakes will give a complete thud sound using this ringer test. Buy Gold Krugerrands online. Buy. Sign Up NOW to Receive These Great FREE Benefits: Opt-out at anytime, hassle free. The company was established in 1980 and later bought Bickels Coins which was established in 1964 and incorporated it into the existing operations. How Much Does A Krugerrand Cost Wednesday, 6 January 2021. What makes it special is that it was the first coin in the.. By using our site, you acknowledge that you have read and Local collection is more than welcome to save on postage costs at a time convenient with you . The United States Mint created only 2,250 gold double eagles in 1856 at the New Orleans mint. In 2017, the Gold Krugerrand marked its 50 th anniversary, and the South African Mint issued the first ever Silver Krugerrands to mark the occasion. Krugerrand History . Among the more popular gold coins around is the Krugerrand which the South African government issues, the Krugerrand is one of the oldest gold coins issued in the world with a standard gold content or fineness of 0.916.The coin was first minted in 1967 by the South African mint with the sole purpose of marketing South African Gold to the world. Along with these and the normal proof gold Krugerrands, the SA Mint is also producing two larger coins to mark 50 years. The Krugerrand gold coins are issued by the South African Mint Company. As a Krugerrand investor, you can also make the most of certain tax benefits. Each Krugerrand contains 1 troy ounce of pure gold and they are made of a durable 22 carat alloy, an exact amount of pure gold, plus a little copper to reduce wear and scratches. 2020 Krugerrand. Why are 2017 1/10th oz Krugerrands MUCH MORE expensive than random year? Things like coins, tokens and even paper money. Our jewellery experts at Post My Gold give their definitive guide to the different types of Krugerrand coins, how much they are worth and how to get the best price when selling your Krugerrand online. That's true for a gold etf and probably what a dealer will offer you when selling your Krugerrand but buying a physical coin has a large premium. How long is your commute to and from work each day. Over 60 million coins have been sold to date and are the most highly traded gold coin in the world. It is distributed from the South Africa Mint in tubes of 10 and/or 15 coins per tube. This list highlights some of the prices of the ones that are most-sought currently. Competitors such as American Gold Eagles and the Gold Canadian Gold Maple Leaf still fall short of the Krugerrand. You'll find these are slightly less expensive than newly minted coins. We offer some of the best prices as 'Bullion Dealer of the Year' 2018! 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