At Eastgate Stamps and Coins, we trade in a variety of gold and South African coins. Krugerrand's are extremely liquid, and you can therefore sell your Krugerrands immediately at the listed gold price. pay a slight premium over the market value of gold when you buy, and you legal tender coin is based on the market value of gold at any given Either send your items to us via Special Delivery or visit our Hatton Garden Counter today. I am interested in buying some. The name Krugerrand is a registered trade mark of the Rand Refinery Limited. Because the Krugerrand has its own inherent financial risks regarding buying and selling, we would like to urge readers to regard this article as only information. However, gold prices may well be $700 per ounce, giving the family a sizeable return on the investment if they decide to sell the krugerrands. The price is held for you regardless of your method of payment. Although most of our business is trading in South African Gold Coins, namely the famous Krugerrand, we also trade all … Krugerrands were first minted in 1967 by the South African Mint. Buy Gold Krugerrands online. Therefore, goes the Commissioner s argument. His avowed intention was to hold them as an inflation hedge and as an inheritance for his children. Because the value of gold can fluctuate quite markedly the krugerrand The krugerrand is a very well known gold bullion coin, and it is also Look no further than Hatton Garden Metals for buying and selling your coins and bars. The Rand is associated with the area called, the Witwatersrand “the ridge of white water” an important. was not issued with a face value, rather its purchasing power as a South Africa ranks among the very few countries where gold coins have been minted as negotiable currency and still remain available for general purchase, allowing collectors to own a share in the countries production of fine gold. Buy gold f with cheap prices, low premiums and fast delivery 1 troy oz of gold = 31.103 grams, while a. Occasionally tubes will contain Krugerrands dated the same year. the taxpayer must contemplate selling at some stage: and so the proceeds are taxable. and 1/10th of a krugerrand containing half an ounce of gold, a quarter The table below illustrates Krugerrand mintages. Selling Krugerrand Coins. worldwide as a form of payment, and as having value. Due to the fact that the gold price is internationally quoted in dollar prices, the Krugerrand price or value can easily be ascertained. Apart from our competitive rates, you will be paid immediately for your Krugerrand’s on delivery. Krugerrands are very popular among the British investors because for them it will remain a legal tender and there is no capital gain tax charged on it. This means that should you only have gold and no paper money, you will still be able to make purchases. Sell 1oz Krugerrand Gold Coins The Krugerrand is a popular gold coin that is minted in South Africa and distributed to buyers around the world. with in excess of 58 million ounces having been minted. You need to be sure that you are dealing with the right one. When selling gold Krugerrands it is worth knowing how much pure gold they contain to ensure you get quoted an accurate price. Krugerrand 1 oz Price: Get all information on the Price of Krugerrand 1 oz including News, Charts and Realtime Quotes. This gold Krugerrand is the one of the most tradeable coins being made solely for a purpose of investing in gold bullion. available in smaller sizes, with a half krugerrand, quarter krugerrand, The name of the Krugerrand was derived from, Kruger (President Paul Kruger) and Rand, the monetary unit of, South Africa. We accept cash or EFT for all Kruger bullion as well as Kruger Proof coins. Sell krugerrands. This is an information website provided by. As a Krugerrand investor, you can also make the most of certain tax benefits. Point Jewellery Exchange is your trustworthy partner when it comes to buying, loaning or selling valuable and luxury items. The obverse (front) of the Krugerrand depicts the bust of Paul Kruger who was president of the ZAR (Zuid Afrikaansche Republiek), which comprised of the old Transvaal, when the Witwatersrand gold was discovered in 1886. Krugerrand Prices as at 08-30 - 08 January 2021 (SSAT), The above Krugerrand prices are indication prices only and are subject to the transaction being  telephonically or electronically confirmed. African Krugerrand Tenth $124.50 We also buy many other forms of gold bullion and gold coins that are not listed on this site , including U. S. gold coins from before 1933, world gold coins and medals, and scrap and placer gold by sight or assay. 1 Oz Krugerrand R31 323 .00 PRICES BELOW are indication prices only (in South African Rands) and fluctuate according to the GOLD price, R/$ exchange rate, at the time of trade and quantity of coins traded 08H00 (South African Time) 08/01/2021 and only valid until 12H00 . Buying and selling krugerrands. The Krugerrand weighs 33.93 grams and is made of 22 ct gold, which is Krugerrand's are continuously being traded, so if you are buying or selling we buy and sell Krugerrand's. Get The Best Prices. What is Krugerrand? The face value is, From the above specifications we can see that the perception that a 1 oz. Once we receive your details we will process and send an invoice for payment. The Gold Krugerrand is one of the most invested in gold bullion coins in the world. One thing to bear in mind whether you Dealers generally offer a price close to the spot price when a person goes for selling or buying in a large quantity. The first Krugerrand’s,consisting of 1 troy ounce of fine gold  were struck by The South African Mint on 3 May 1967 .The design of the Krugerrand was based on the ZAR or Kruger  Ponde, historical coins of South Africa. CIR v Nel (59 SATC 349), the taxpayer had bought a number of Krugerrands between 1976 and 1978. 1oz Gold krugerrands weight 33.93 grams and contain exactly 31.10348 grams of pure 24 carat gold which is how the value of your krugerrand is calculated. Krugerrands are accepted as a global form of currency, with a universal value linked to the daily gold price. 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 the western world. will always recieve slightly less than the market value of gold when you Apart from our competitive prices,  you will take immediate delivery of your Krugerrand’s. Investing in Krugerrand's is thus an extremely transparent investment and investors in Krugerrand's are not bound by corporate governance issues of large corporations. sell. meaning that it can be used as currency to pay for goods or services. Krugerrands offer a simple and straightforward way for you to invest some of your money into gold, since they are an official gold bullion coin containing 1 ounce of fine gold. To sell call: Throughout the ages the shimmering beauty of pure. Mr. Cliff Johnson, the present managing director, established the Cape Gold Coin Exchange in Cape Town on the 7th August 1977. The Krugerrand Specialists . The actual weight of a 1 oz Krugerrand is thus 1.09090698 ounces. In the recent case. You can invest in the full range of Krugerrands through S A Gold Brokers. sometimes have a face value in excess of its gold content, and other 91.67% pure. That is, no waiting period to receive your money for coins sold. Gold coins have always represented the ultimate in wealth and prestige. Gold has always been a way to protect the value of money, since gold krugerrand prices change constantly also. You might never have heard of the Krugerrand, but you might have one lying around without realising! is in limited supply (it cannot be manufactured), and it is accepted They offer a very simple and convenient way to make a wise investment in gold. Krugerrands are a form of gold bullion coin which contains about 1 ounce of gold. are continuously being traded, so if you are. The South African Krugerrand was the first gold coin to contain one troy ounce of gold. The alloy of the Krugerrand was selected at 22 carat or 916.7% gold with the balance being copper, the old traditional alloy of gold coins. krugerrands or any other form of gold coin is that you will always Having been in the luxury asset loaning business for over 20 years, we provide our experience and resources in ensuring that our customers receive service that exceeds their expectations. Full … Safe secure environment – Quick and easy buying and selling ... Krugerrands Named after Paul Kruger, Krugerrands offer a safe secure long term investment in gold bullion. The Krugerrand price, being a bullion coin, is linked to the daily gold price and therefore … for use in gold coins. actually weighs more than one ounce. Krugerrands are well-recognised throughout the world and widely accepted as payment tender. increase or decrease, and they also may have an additional value to coin invest some of your money into gold, since they are an official gold times it may have a value worth far less than its gold content value. As the Krugerrand is so well recognized, buying and selling Krugerrands is a simple task. Investgold is the largest supplier of Krugerrands in South Africa, including limited editions of gold and silver bullion coins/bars. Most Krugerrand orders are filled with mixed date coins. Because gold prices change constantly, Krugerrands are very popular among the British investors because for them it will remain a legal tender and there is no capital gain tax charged on it. Krugerrands are also portable and easily liquidated. 1 oz Krugerrand weighs 33.930 grams, therefore the 1 oz Krugerrand contains 31.103 grams or 1 ounce of fine gold and 2.827 grams or .09090698 ounce of copper. produced in 1967 and is a legal tender To purchase krugerrands select the purchase button ( or use our chat widget or whats app line) and complete the form and input your details and the amount of krugerrands you would like to purchase. http://bit.ly/9htRE6 ....Interested in buying and selling Krugerrands at wholesale prices? If you are wondering when to sell your Krugerrands keep an eye on this page and when the time is right we are happy to buy any quantity of Krugerrands, from a single piece upwards, without limit. Gold was, and still is, prized for its rarity, beauty, and indestructibility, and for thousands of years, it has been used as a medium of exchange. buy Krugerrands always have a value based on the price of gold, which may alloy harder, and the coin more durable - 24ct gold is just far too soft The name comes from 'Kruger' (the man who's portrait is shown on the back of the coin) and 'Rand' which is the South African currency. SA Krugerrand Traders - Home-Trading Krugerrands since 1990 - Buying and Selling gold coins Fascination with gold is as old as history. Krugerrands are exempt from Value Added Tax. may be eroded by inflation and other economic factors. bullion coin containing 1 ounce of fine gold. Throughout the ages the shimmering beauty of pure gold has captivated mankind and the desire to own exquisite objects crafted from this precious metal. For collectors no other metal can match the quality and lustre of, or a valid trading coin without a face value. Krugerrands offer a simple and straightforward way for you to Krugerrands contain 22 karat gold, an … It is for this reason that when we enter a recession or economic Looking to sell Krugerrands? If you have a large quantity of gold Krugers to sell, we will accept your … Buy and Sell Krugerrands with The South African Gold Coin Exchange & The Scoin Shop. Although the krugerrand contains 1 ounce of gold, it time. Hatton Garden Metals are happy to buy your krugerrands and other gold coins - we pay the best prices and you get your money fast.. Hatton Garden Metals are a well known London dealer, so rest assured that you are selling to a leading gold dealing company. The Krugerrand remains the worlds most popular and actively traded. gold coin, The face value is 1 ounce of fine gold (or fractions thereof) and is traded as such, From the above specifications we can see that the perception that a 1 oz Krugerrand does not contain 1 oz of gold is untrue. For collectors no other metal can match the quality and lustre of coins struck in the finest gold. Buy Bullion Krugerrands, Proof Krugerrands, ZAR Coins, Modern Numismatics Coins and Gold Coins from The Scoin Shop and The South African Gold Coin Exchange. Its name comes from Kruger, the name of a former South African president, and rand, the South African unit of … have always represented the ultimate in wealth and prestige. time the value of gold generally increases, while the value of currency collectors depending on their rarity and condition. That is, no waiting period to receive coins which you have paid for. Shane asks: Recently you had an article about FNB selling Krugerrands. gold bullion coin, with in excess of 58 million ounces having been minted. their money or savings. To sell your Krugerrands all you need to do is either bring your Krugerrands in to our Blackpool showroom - or send them via post - and we can then fix a price and pay you. We buy 1oz South African gold Krugerrands off our customers at highly competitive rates. The krugerrand is a South African gold bullion coin that was first This means that even though the price of gold may fluctuate, over This is because of the addition of other metals to make the gold of an ounce of gold, and a tenth of an ounce of gold respectively. Buying and Selling Krugerrands . The full range includes: 1/10, ¼, ½ and 1 ounce. The reverse of the Krugerrand depicts a prancing Springbok. The Krugerrand price, being a bullion coin, is linked to the daily gold price and therefore constantly fluctuates. Krugerrands carry only a small premium (margin) over the value of their gold content - unlike collector or numismatic coins where the value is normally dependent on their rarity and condition. 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, or a valid trading coin without a face value. Simply lock in the price of the product at any time via our website. We are the Largest Krugerrand Dealer in South Africa. Beyond this, our specialty is buying and selling Krugerrands.. Krugerrands were created as a way for the public to own gold bullion, and their value is directly linked to the Dollar Gold Price.This makes buying Krugerrands ideal for aspiring investors interested in entering the gold coin market. Like any investment, buying gold krugerrands is never a “sure thing.” When the man dies, gold may be priced at $150 per ounce, meaning that the family will have lost money on the investment. We offer same day payment on receipt of your items and you can choose either bank transfer, PayPal or cash (counter only & limits apply). If you would like to discuss buying or selling Krugerrands or any aspect of the gold and silver markets, please call us at 800-528-1380. For the fastest service, sending a bank wire is the preferred payment method for buying … Buy Gold Krugerrands Online. If you would like to purchase Krugerrands, please consult a certified, financial advisor, who can provide you with professional advice. This is to address the problem that otherwise the coin could The Krugerrand gold coin is South African. 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. 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