Did you know that the krugerrand actually has no coin value in South Africa?
Seriously, although they do have status as legal tender, they are actually regarded as a "medal coin", and are not used as official currency.
The krugerrand itself is made using 22 karat gold during manufacture. The coin is alloyed during the making process to ensure your ability using small amounts of copper. The coin is one twelfth copper content. First minted in 1967, the krugerrand calling contains one troy ounce of pure gold, and are guaranteed for purity and white by the government mint.
The coin is produced in the country of South Africa, which is one of the biggest producers of gold in the world.
The krugerrand features the springbok antelope on the reverse of the coin, and the face of Paul Kruger on the front, who was president of the then South African Republic.
 2009 1 10 Gold Krugerrand Government On Wheels Mint Mark Ngc Pf70 US $749.99 |
 1oz Fine Gold Krugerrand 1979 US $1,575.00 |
 1oz Fine Gold Krugerrand 1982 US $1,578.00 |
 1oz Fine Gold Krugerrand 1980 US $1,610.00 |
 2000 Ground Zero Krugerrand 1 4 Oz Gold 9 11 01 Uncirculated US $420.00 |
 Vintage 1980 Faux Krugerrand Money Clip Fine Gold Tone US $9.99 |
 Two 1oz 1976 Krugerrand South Africa Gold Coins One Day Only US $3,300.00 |
 1978 South Africa Krugerrand 1 Oz Gold Coin US $1,675.00 |
 1oz Gold Krugerrand 1979 Great Condition 1 Oz One Troy Ounce US $1,675.01 |
 Krugerrand Goldplated 24 K Gold Big Gorilla US $7.90 |
 Krugerrand Gold 40 Mm Coin Gold Plated 1972 US $7.90 |
 Krugerrand South Africa Sa 999 24k Gold Clad Troy Proof Gem Coin Art Bar US $5.95 |
 2000 Africa 22 Gold Krugerrand Proof Set 4 Coins W Boxes Coa Limited Edition US $3,299.00 |
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Here's something from Independant minds that may interest you.
It's an article asking whether we should "beleive the hype" when it comes to investing in gold.
Well, in my opinion, it's one of the best times to invest in physical gold - especially gold coins.
Spot gold prices rise daily, and still show signs of continuing (for the time being).
Check out the article here.
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New certification requirement for Golden Eagles
According to NumisMaster.com, a new service will soon debut enabling certification of authenticity for gold bullion coins.
"This week, the Numismatic Guaranty Corporation (NGC) and participating vendors are announcing the debut of a new coin service - certification of authenticity of bullion coins that can be held by precious metals Individual Retirement Accounts.
The main bullion-priced product for which this is expected to be used is the one-ounce gold American Eagle. One requirement of precious metals IRAs is that the merchandise must be stored at an independent facility.
If an investor is holding a 20-coin tube of American Eagles in an allocated account, for instance, there really isn't any proof that a particular group of 20 coins is the same one originally received for that investor."
Full article here.
Click to Buy Golden Eagles.
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