Buy. We buy all types of gold coin including the Krugerrand, Britannia and Sovereign. The 1 oz Silver Krugerrand has already carved out strong market-share in the silver bullion coin sector for the overall series. But this coin is special. ... Maybe because 2017 is the 50th anniversary of the Krugerrand so people think 2017 is going to be a special issue. 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. Gold bullion coins got their start in 1967 when South Africa introduced the Krugerrand. According to the South African mint, these are the old coin prices of the 2020 Krugerrand: The 2oz Gold Proof for R 74,995; The 1oz Gold Proof for R 33,995; The 1/4oz (22ct Gold) for R 8,995 This list highlights some of the prices of the ones that are most-sought currently. agree to our, Why the Krugerrand Is the King of Gold Bullion Coins, 1/4 Oz South African Krugerrand Gold Coin, The Beginning of South Africa’s Modern Gold Coin, most actively traded gold bullion coin on the international market, FREE Subscription to Our Precious Metals Newsletter. Naturally, to be expensive a coin must also be rare. Gold Krugerrand of 1/10 ounce denomination began to be issued only in 1980 in order to make this coin more accessible to potential investors. 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. 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. Competitors such as American Gold Eagles and the Gold Canadian Gold Maple Leaf still fall short of the Krugerrand. 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. In the first three years of mintage the annual output was between 30,000 to 50,000 coins which is in today’s standard relatively low. 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. Coming from one of the most respected world-market providers of solid, investment-grade bullion this is very welcome news. Things like coins, tokens and even paper money. from £2,333. 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. 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. The Gold Krugerrand Coins and other African Gold coins are a favourite with investment portfolios due to the high gold value and collectibility factor. Along with these and the normal proof gold Krugerrands, the SA Mint is also producing two larger coins to mark 50 years. The Iconic Krugerrand Now Available In Beautiful .999 Silver. Most of the better Gold coin fakes will not give the harmonious ring that a gold coin will give. Money Metals Exchange was named Best in the USA because of our high-quality educational content, great pricing, and white-glove customer service. We offer some of the best prices as 'Bullion Dealer of the Year' 2018! from 2 605 € View. As the only means to legally possessing gold bullion in South Africa, the Krugerrand offers a … SA Mint reveals massive 50-ounce Krugerrand worth R2.2 million, You can now buy silver and platinum Krugerrands – here’s how much they cost, Court challenge aims to stop ‘nationalisation’ of Covid-19 vaccines in South Africa, Elon Musk is now the world’s richest person – here’s what he and other rich South Africans studied, SABC to cut over 300 jobs as it concludes retrenchment process, Save on your car insurance today – Or get R500 cash, Get a new mobile app for your company in 2021, Get super-fast home broadband for R199 per month, The biggest business website in South Africa, 30% of content on Netflix and other streaming services must be South African, says government, Nu Metro stops weekday movies under lockdown level 3, Rand continues to slide over fears of Covid-19 variant and tougher lockdown restrictions for South Africa, 5 important things happening in South Africa today, Government outlines updated lockdown level 3 rules for workers in South Africa as it plans inspections, All the details you need for VMworld 2017 – this year’s biggest IT event, Volkswagen launches most powerful Golf ever sold in South Africa - with prices, The 50-ounce coin will be available for around –, The 5-ounce coin will be available for around –, The 1/2-ounce coin will be available for –, The 1/4-ounce coin will be available for –, The 1/10-ounce coin will be available for –, The 1/20-ounce coin will be available for –, The 1/50-ounce coin will be available for –. The 50 oz gold proof Krugerrand coin is the most monumental offering thus far, taking its position as the flagship offering of the 2017 Anniversary Collection. Now, for the first time, it is available in an affordable, and stunning, .999 fine 1 troy ounce of … Buy gold f with cheap prices, low premiums and fast delivery The Gold Krugerrand Coins and other African Gold coins are a favourite with investment portfolios due to the high gold value and collectibility factor. This gold Krugerrand is the one of the most tradeable coins being made solely for a purpose of investing in gold bullion. 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. The 2017 edition was Premium Uncirculated, and it was followed in 2018 with the first ever bullion Silver Krugerrand. The Krugerrand gold coins are issued by the South African Mint Company. 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. The Gold Krugerrand coins and other African gold coins are a favourite with investment portfolios due to their high gold value and collectibility factor. 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. All our gold krugerrands are available at low margins ideal for investment. The South African gold Krugerrand has long been recognized around the world as a go-to coin for bullion investors. What is a Krugerrand coin? Krugerrands are exempt from Value Added Tax. Coin retailers have the 50-ounce coins on reserve, with authorised SA Mint partner, Pretoria based Mr Kruger, confirming it will sell the coin – while online traders like CoinInvest have it listed on reminder for 150,000 euros (R2.3 million), in line with the SA Mint’s pricing. 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. Each ounce represents a single year being celebrated, and only 50 coins have been produced. Each coin is 5cm in diameter. By 1980, it accounted for 90% of the global gold coin market. The value of a Krugerrand is based upon its gold content plus a premium. 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. 500 of these five-ounce coins have been produced, each bearing the 50th  Anniversary mint-mark. Below is a wide selection of specific year Krugerrands: View: Sort by: 1989 Proof 1oz Gold Krugerrand In Stock. Krugerrands were first minted in 1967 as a vehicle for private ownership of gold and investment. Its diameter is 32.7 mm, thickness 2.83 mm. You'll find these are slightly less expensive than newly minted coins. Local collection is more than welcome to save on postage costs at a time convenient with you . Most twenty-dollar gold coins minted at the New Orleans Mint have soft and mushy details. Others in the list include 2019, 2018, and 2017 Krugerrand, and … Gold krugerrands 1 oz south african gold krugerrands silver krugerrand krugerrands still a safe haven bet south african krugerrand 22k gold coins krugerrand gold coins 1 oz. Each coin is 10 cm in diameter. Comments section policy: Any attacks on BusinessTech, its journalists, or other readers will result in a ban. Sign Up NOW to Receive These Great FREE Benefits: Opt-out at anytime, hassle free. The name Krugerrand is a registered trade mark of the Rand Refinery Limited. Enter your name and email to create an account. Most bullion houses do not want the bother of handling small quantities of low value coins. Krugerrand History . How Much Does A Krugerrand Cost Wednesday, 6 January 2021. The next special coin is a 5-ounce gold proof coin, which symbolises one ounce for every single decade that is being celebrated as part of the Golden Jubilee of the Krugerrand. 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. By using our site, you acknowledge that you have read and What makes it special is that it was the first coin in the.. In the time from 1974 to 1984 the annual mintage topped with 6 million ounces in 1978. Why are 2017 1/10th oz Krugerrands MUCH MORE expensive than random year? How Much Are Gold Krugerrands Worth Sunday, 3 January 2021. How long is your commute to and from work each day. Size variations include 1oz (1 troy ounce of pure gold), Half Ounce, Quarter Ounce and Tenth Ounce. The company was established in 1980 and later bought Bickels Coins which was established in 1964 and incorporated it into the existing operations. The Gold Standard was dropped in 1971, due to the flawed nature of the Bretton Woods system. 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