Options. Coin Collections: Beginner's Guide to Coin Collecting. Krugerrands can be purchased through authorised dealers of Rand Refinery and the South African Mint. 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. A Kruger Rand is a South African gold coin first minted in 1967. 1/10 Ounce. Do you have questions regarding this product? 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. R28,510-00. Antique Coins Collecting for Fun & Profit. The remaining 8.33% of the coin's weight of 1⁄11 ozt (2.828 g) is copper (an alloy known historically as crown gold which has long been used for British gold sovereigns), which gives the Krugerrand a more orange appearance than silver-alloyed gold coins. STEP 8: Review the Quote and accept the Terms and Conditions by checking the box. The. Coin Collection Tips: Finding a Coin Dealer, Coin Collections and State Quarters - United States. This huge success of the Krugerrand encouraged other gold-producing countries to mint and issue gold bullion coins of their own, including the Canadian Gold Maple Leaf in 1979,[16] the Australian Nugget in 1987,[16][17] the Chinese Gold Panda in 1982,[18][19] the American Gold Eagle in 1986,[16][18] and the British Britannia coin in 1987.[16]. You’ll have peace of mind with Kitco, because our customers can sell gold online in complete security. [citation needed] On the occasion of the 50th anniversary of the coin range, fractional sizes of 1/20 and 1/50 oz were also added. Krugerrand Dealers/Buyers in UK There are many places in UK that you can sell Krugerrand coins to. However, during the 1980s and 1990s, Krugerrands fell out of favor as some western countries forbade import of the Krugerrand because of its association with the apartheid government of South Africa. Krugerrand Prices as at 08-30 - 05 January … Identifying US Coins With Bullish Features, Starting a Coin Collection for Your Children, Coin Collecting Opens The Door To The Past, The Coin Collecting Handbook: What You Need To Know. Copyright © 2021 by Muntstuk.com    South Africa  |  All Rights Reserved. You may unsubscribe at any moment. Krugerrand Gold Coins Bullionbypost From 1 648. Free callback . Krugerrand Gold Coin: A gold coin minted by the Republic of South Africa. Fluctuations in the gold price and the R/$ exchange rate will impact the day-to-day pricing. Since 1980, Krugerrands have become available in three additional smaller sizes 1/10 oz, 1/4 oz and 1/2 oz.. If you are wondering where to value and sell your krugerrands, you have come to the right place. Krugerrand 2 Oz Emk. Coin Collecting Auctions: Are They Really Worth It? R30,460-00. STEP 6: Select the denomination you want to purchase. Krugerrand Gold Coin: A gold coin minted by the Republic of South Africa. Proud South African product – It’s minted and produced using South Africa resources. Re:Selling Krugerrands It means exactly what it says.Reserve Bank 99.9% certified Bullion. Mostly postage stamps are available at the cash counter and you can get it from the desired number of stamps easily. South African residents may not export any Krugerrands without the approval of the South African Reserve Bank. Investor’s choice – Tax-free. Buying and Selling Krugerrands. Sell; Charts; Siver. [8] That year, South Africa introduced three smaller coins with a half troy ounce, quarter ounce, and tenth ounce of gold. R3,420-00. These popular gold coins also appears closer to an orange shade than coins alloyed with silver. Composition and Design. It is distributed from the South Africa Mint in tubes of 10 and/or 15 coins per tube. Alloyed with copper for exceptional wear-resistance, this gold coin has a beautiful rose-tinted hue. Parties interested in acquiring or selling a collection of these particular gold coins within the States have both internet and brick-and-mortar options for purchasing. By 1978, there were 6 million South Africa Gold Krugerrands being produced and by 1980, this coin reigned 90% of the global gold market. Shop by category. Krugerrands always have a value based on the price of gold, which may increase or decrease, and they also may have an additional value to coin collectors depending on their rarity and condition. The impact of the COVID-19 pandemic on South African PGM supply, on global supply and ultimately on the price of platinum, palladium and rhodium. Production levels of Krugerrands have significantly varied since its introduction. Coin Values – How Much Is Your Coin Worth? Difference Between a Coin’s Price and its Value? As on Thursday, 22 August 2019. I buy my gold and silver coins (American Eagles) from Buy Gold and Silver Safely as they only charge 1% over cost. The first Krugerrands were minted in 1967 and since then in excess of 50 million ounces are in circulation globally. Banks that sell gold coins are sure to sell authentic coins. By 1980 the Krugerrand accounted for more than 90% of the global gold coin market and was the number one choice for investors buying gold. The obverse side of the coin, designed by Otto Schultz, depicts a bust of Paul Kruger, the last president of the Republic of South Africa. If you would like to collect, sell or buy Krugerrands, you can trust City Coins to provide you with a personalised service and a level of expertise that has been manifested over decades of experience. They don't want competition to Federal Reserve Notes. 1/10 oz. 1/2 Ounce. R 9,380. Buy Bullion Krugerrands . 1 Oz South African Gold Krugerrand Coins Money Metals. But, I agree, storing them at home is indeed a risk. Approach the gold dealer of your choice. But selling Krugerrands does require some research to ensure you make a satisfactory profit. The South African coin encouraged the private ownership of gold. store my krugerrands. Gold Krugerrands The 1-ounce gold Krugerrand is 91.67% fine gold, and weighs 1.0909 troy ounces. But, one I … [citation needed][21], The South African Mint Company produces limited edition proof Krugerrands intended to be collectors' items rather than bullion investments. The entire process is quick, easy and entirely risk-free. Mobile . Krugerrands remain favorite gold coins for buyers seeking to buy bargain bullion gold. Today, Krugerrands are available only in the secondary market and sell at prices below Gold Eagle prices. Immense Seasonal Buying Opportunity in Gold, Silver & Platinum Is Upon Us. We have Silver and Gold Krugerrands in stock. The value or price of a Krugerrand. How To Demos. 24 … You can verify the resale price of a Krugerrand by checking the current Gold Price.The spot gold price is quoted in US Dollars and is then converted at the current ruling Rand/Dollar exchange rate. Name & Surname . 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. We make a market in Krugerrands and offer fully insured delivery to our American clients throughout the United States from our depository partner vaults in Delaware. 35.84 Buy; Sell; Charts; Latest Post The Hare and The Tortoise Story. – Part 3. Visitors to South Africa can export up to 15 coins by declaring the items to the South African Revenue Service . These coins are priced above bullion value, although non-proof Krugerrands also have a premium above gold bullion value. Private mints have also attempted minting gold and silver bullion rounds (the term coin denotes legal currency) in the style of the Krugerrand. The company was established in 1980 and later bought Bickels Coins which was established in 1964 and incorporated it into the existing operations. Internationally recognition – It’s one of the world’s leading brand names and only issued in South Africa. However, large investors should consider buying kilo (1,000 gram/32.15 oz.) [24], In the 21st century, Krugerrands have received media attention in the United States after anonymous donors have left the valuable coin in the Salvation Army's annual "Christmas Kettle" donation jars in various cities around the country. We Buy. How can you pay? Each one-ounce coin weighs 33.93 grams (consisting of 31.1 grams pure gold and 2.83 grams copper). This is good for the new investors in gold, especially if you do not know of any broker or dealer of gold coins yet. gold bars or … 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. If you continue browsing, we assume that you consent to our use of cookies. Is this a good time to sell gold Krugerrands? In addition to the "Premium Uncirculated" issue, 15,000 silver "Proof" krugerrands were also issued as well as "Proof" krugerrands in gold and platinum. Email. Most big companies sell 1oz Krugerrands between R19k and R23k today. Most big companies sell 1oz Krugerrands between R19k and R23k today. Our process time can very depending on order backlogs. Do you have questions regarding this product? Request a no-obligation phone call from one of our investment experts. A lot of banks in the US sell gold coins but they would not usually publish information about it on their websites or advertise it openly for security reasons. Fluctuations in the gold price and the R/$ exchange rate will impact the day-to-day pricing. With the market leaders, since $300 an oz. Visitors to South Africa can export up to 15 coins by declaring the items to the South African Revenue Service. International Priced - The Gold price is quoted internationally in troy ounces and its value can easily determine based on the market outcome. The obverse side of the coin, designed by Otto Schultz, depicts a bust of Paul Kruger, the last president of the Republic of South Africa. 1980 was also the year the South African Mint decided to add other fractional coins: half, … On the reverse side of the Krugerrand is a springbok, South Africa's national animal. A comprehensive list of authorised local and international Krugerrand dealers can be found on this website. [25][26][27][28], Reagan Bans Imports of S. Africa Krugerrand, "KRUGERRAND LUSTER DIM FOR LOCAL COLLECTORS", Yearbook of the United Nations, Volume 45, "Most South African Sanctions Lifted: ML&B White Paper - Morgan Lewis", "Bush Lifts a Ban on Economic Ties to South Africa", "Global Interest In Silver Investment Expands As South Africa Adds New Silver Krugerrand", "Gold Krugerrands: Buying gold coins - 17 August 2007", "Why the Krugerrand Is the King of Gold Bullion Coins", Financial surveillance and exchange controls FAQ, "Salvation Army of Tallahassee receives rare South African Krugerrand coin", "Krugerrand dropped into Salvation Army kettle", "For fifth year in a row, mystery person drops a gold coin in Salvation Army kettle", "Gold Krugerrand appears in a Salvation Army red kettle", Gold Ounce (1 oz) Krugerrand, Coin Type from South Africa, https://en.wikipedia.org/w/index.php?title=Krugerrand&oldid=991321833, Articles with unsourced statements from November 2015, Articles with unsourced statements from July 2015, Creative Commons Attribution-ShareAlike License, 1984 by Coert Steynberg - A springbok antelope with the mint date in the field. Quotation We respect your privacy. Krugerrand gold coins contain exactly one troy ounce of gold. Banks don't sell gold and silver coins here in the U.S. The Beginning of South Africa’s Modern Gold Coin. KRUGERRAND . STEP 7: Choose the quantity you wish to purchase. Minted by. The legend is inscribed with ", This page was last edited on 29 November 2020, at 13:13. The Krugerrand (/ˈkruːɡərænd/;[1] 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. For that purpose, please find our contact info in the legal notice. Buy your Krugerrands from Investgold, we offer the best market related prices in South Africa The rounds often depict Paul Kruger and a springbok antelope, some even blatantly copying the design of the Krugerrands themselves, though the inscriptions are altered. R7,920-00. Please enter your details in order to Buy or Sell krugerrands. The word "Krugerrand" is a registered trademark owned by Rand Refinery Limited, of Germiston. The first Krugerrand was minted in 1967 as a vehicle for the private ownership of Gold. Click Confirm to proceed. Coin Value South Africa Krugerrand 1980 To Date . By 1980 the Krugerrand accounted for 90% of the global gold coin market. We sell Gold Krugerrands and all major bullion bar and coin products and you can pay by bank wire, by credit card or by debit card. Proof coins have 220 edge serrations, while bullion coins have 160. R 19,000. The South African Reserve Bank restricts the exportation of Krugerrands by a South African resident to a non-resident to a maximum of R30,000 (about US$2,100 or 1,870 Euro as of June 2018). Buy or sell Kruger Rands on auctions or at fixed prices. Buy or sell Kruger Rands on auctions or at fixed prices. R 1,870. Once we receive your gold, we’ll send you a quote within 24 hours. Their value is exclusively based on the spot price of one ounce of fine gold at the time they are traded. What is a Krugerrand coin? 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. However, you can also sell your authentic Krugerrands to banks and other institutions. Click Buy. Krugerrand investors should consider that when one desires to liquidate their Krugerrands for cash, exiting the investment is as important as entering the transaction. We buy and sell authentic Krugerrands for sale. (Krugerrands ar We would appreciate your feedback. Nevertheless, most coin shops do not have many Krugerrands in stock, which means they will have to order them.1. It has only gone down in price since then. The Krugerrand was first minted in 1967. ¼ oz. In fact, no coin collection is complete without some of these hardy and valuable gold coins. [14], During the bull market in gold of the 1970s, the gold Krugerrand quickly became the primary choice for gold investors worldwide. *Terms & Conditions click here . What is the Difference Between a Coin’s Price and its Value? The Krugerrand's actual weight is 1 1⁄11 troy ounces (34 g). And of course, an excellent switch from the Mickey Mouse Paper Rand, whilst below R8 to the $.Switch to REAL MONEY.My blog on Fin24.com>> "ZARP 2010" gives further Pics.Ciao. This coin was … Find out more about how to buy krugerrands or sell krugerrands with Hatton Garden Metals.. Visit our gold coins page to see our latest gold coin prices for American Eagles, Gold Sovereigns and other popular coins.. We also buy and sell gold bullion bars and buy scrap gold.. Buy Gold Krugerrands Buy Gold Bullion You can buy U.S Forever stamps from the banks listed above. The name "South Africa" and the gold content are inscribed in both Afrikaans and English (as can be seen on the pictures of the coin). Sell Krugerrands to us Onlygold did business at the same location for more than sixteen years. Your gold, your legacy. This coin was … The Krugerrand is known today to millions of people all around the world and has been one of the top choices for investment for years. 1 oz. Krugerrands are available in both bullion and proof state. Copper alloy coins are harder and more durable, so they can resist scratches and dents. Either via EFT or cash is the preferred method of payment. You can also call your bank and ask them if they sell gold coins. Unlike other bullion coins, the Krugerrand was given the status of currency or legal tender. KRUGERRAND . ½ oz. Our online shop operates 24/7. Krugerrands are ounce-denominated gold bullion coins and there are around 46 million of them in circulation. R7,130-00. To check if we have recieved your details use our chat widget for almost instant replies. We are the Largest Krugerrand Dealer in South Africa. Krugerrands always have a value based on the price of gold, which may increase or decrease, and they also may have an additional value to coin collectors depending on their rarity and condition. But when you sell your Krugerrands with us, we’ll send you a fully insured, prepaid gold pack. Our process time can very depending on order backlogs. Krugerrand Krugerrands Value Gold. Buy or Sell Krugerrands Quotation Form. Krugerrands were never assigned the value of a South African rand (ZAR). [9], Economic sanctions against South Africa for its policy of apartheid made the Krugerrand an illegal import in many Western countries during the 1970s and 1980s. There are many out there but I recommend one that has an A+ rating with the BBB. To check if we have recieved your details use our chat widget for almost instant replies. Quantity. Where can I buy and sell South African Gold Krugerrands in the United States? Size. We guarantee to offer you the most competitive price around, but if you choose not to accept our offer, no problem — we’ll return your gold to you straight away. 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. Use our gold value to get an immediate estimate price today. We buy and sell Krugerrands at competitive prices. Gold Krugerrands An Investors Er Guide For Beginners. Many vendors do not like card-related transactions because of the extra commission charged by banks. 2019 1 10 Ounce South African Krugerrand. Sell Krugerrands - Up to £1356.06 - The UK's No.1 | BullionByPost ®‎ United Kingdom Comments. The Kruger Rands are minted from gold alloy that is 91.67 percent pure (22 karats). Buy and Sell Krugerrands with The South African Gold Coin Exchange & The Scoin Shop. Monex Deposit Company has executed over 60 billion dollars in physical customer precious … Does banks sell stamps? We are buying Krugerrands daily because they are currently increasing in value! The concept of Krugerrands was first presented by the South African Chamber of Mines way back in the 1960s to stimulate physical gold as an investment opportunity for anyone who wanted to own this scarce commodity. Serious Sellers are welcome to contact us for additional information. We Sell. Krugerrands are minted by the South African Mint from gold coin blanks supplied by Rand Refinery Ltd. You can easily buy and sell Krugerrands at your local coin dealer or on the Internet, but must make sure you identify, price and ship your coins properly. Request a no-obligation phone call from one of our investment experts. Looking for Krugerrands to buy ? Kitco … Our website uses cookies to improve your user experience. Krugerrand gold coins contain exactly one troy ounce of gold. Both firms are Accredited Businesses with the Better Business Bureau, and neither firm has had a … STEP 5: Select Krugerrands on the Buy menu. Please enter your details in order to Buy or Sell krugerrands. CMI Gold & Silver Inc. has done business from three locations in Phoenix since 1973. The issue limit for these commemorative platinum, gold and silver coins was 2,017 for platinum, 5,000 for gold and 1,000,000 for silver. It was minted in a copper-gold alloy more durable than pure gold. [2][3] 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. A true two-way market with sizable transaction volume offers investors the ability to both purchase and sell their metal at very competitive prices. Some companies charge even more. R15,660-00. The South African gold Krugerrand is one of the most collectible coins. New Krugerrands are issued by the South African Reserve Bank (SARB). A Kruger Rand is a South African gold coin first minted in 1967. Request a callback from an expert. R2,850-00. Krugerrands are one of the oldest Gold bullion coins in the world; a feather in the cap of South Africa’s Gold industry and the South African Mint. The 1 oz Gold Krugerrand Coin is minted in 22-karat gold (.9167 fine) by the South African Mint Company. Sell Coins About The Coins ... Krugerrands bullion and proofs, and ZARs for over 45 years. The South African Gold Coin Exchange & The Scoin Shop has allowed South Africans the opportunity to own unique modern numismatics, Krugerrands bullion and proofs, and ZARs for over 45 years. To resell bullion Krugerrands, potential Krugerrand dealers must complete Rand Refinery’s Application to Trade form for approval to buy from Rand Refinery. Krugerrands are considered legal tender in SA, ... to sell oil in terms of dollars and to buy US bonds with the ... the lender of last resort, for international Central Banks. We are buying Krugerrands daily because they are currently increasing in value!If you happen to own one of the gorgeous coins, you could get a large amount of money, but only if the coin is in decent condition. They are alloyed with a small amount of copper, which make them 22-carat coins. At Eastgate Stamps and Coins, we trade in a variety of gold and South African coins. Our process time can very depending on order backlogs. What are the Advantages of Buying PCGS Graded Coins? There are a variety of American gold dealers and coin merchants that handle gold Krugerrands. The production dropped to 23,277 coins in 1998 and then increased again, although not reaching previous levels. From 1967 to 1969, around 40,000 coins were minted each year. Our vast global network of collectors and associates further ensures that we are the superior choice in … (Krugerrands ar [4][5], Although gold Krugerrand coins have no face value, they are considered legal tender in South Africa by the South African Reserve Bank Act (SARBA) of 1989. It became the first ounce-denominated gold coin in the world to be considered legal tender, implying that it could be exchanged for products, goods, or services. What is the best Place to sell Gold Krugerrands? The United States which had historically been the largest market for the coin, banned imports in 1985; the previous year, over US$600 million of Krugerrands had been marketed in that country. Gold Krugerrands are designed to be durable and are therefore .9170, or 91.7% gold, with the remainder being copper. But you need to visit bank during the official timings to buy stamps. Sell Gold – Bars, Coins and Krugerrands Find Firms that Sell Gold – Bars, Coins and Krugerrands Buying up and storing gold for the rainy days have always been a popular type of investment and even in modern times, it is still preferred as a currency-alternative way of saving. Gold 1oz Krugerrands contain one ounce of gold; Our choice of year - all worth the same when you sell; Rand Refinery. STEP 9: Click Finish to complete the purchase. The Kruger Rands are minted from gold alloy that is 91.67 percent pure (22 karats). The first step is to determine the current value of your coin with which we can help. Bullion Krugerrands trade purely on their gold content while the limited edition launch sets which are collector items trade at a premium. The main reason for using copper is to strengthen the coins and to make them more robust and durable. R14,260-00. 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. Please enter your details in order to Buy or Sell krugerrands. But, one I am willing to take. Yet not all investors are aware that Kitco allows you sell Gold Krugerrands online. Gold investors can purchase gold coins from banks, but not all banks sell gold coins, only some of them. GOLD: $1,295 per oz                                          R14,49 (R/$ Exchange). To sell your krugerrands you select the sell button ( or widget or whats app line) and input your details with the amount you want to sell and once we recieve your request we will find the best price for you. Selling Krugerrands is Quick & Easy including Same Day Payment. Banks like HSBC and Leader Bank sell gold coins but to get a comprehensive list of banks that sell gold coins in your location, visit the website of the US mint, and use their authorized dealer locator to find banks that sell gold coins around you. If you are wondering where to value and sell your krugerrands, you have come to the right place. Do I have to Buy the Best Quality Coins to Make Money? The commemorative issues are distinguished by a '50' privy seal mark above the springbok design on the reverse for the platinum and silver issues and to the right of the springbok design on the gold issues. GOLD: $1,295 per oz R14,49 (R/$ Exchange) KRUGERRANDS: WE BUY AT: 1 Ounce. KRUGERRAND . Read more. [4] Most sanctions ended in 1991, after the South African government took steps toward ending its apartheid policy.[10][11][12][13]. KRUGERRAND . More information can be found in our Privacy and Cookies Policy. [7], The Krugerrand was introduced in 1967 as a vehicle for private ownership of gold. Read more. So Krugerrands weigh a total of 33.93g of 22 carat gold and 1 ounce of 24 carat gold weighs 31.1g. Banks That Sell Gold Coins in the United States. Foreign residents visiting South Africa may take up to 15 Krugerrands with them from South Africa, provided they can prove that they were purchased using foreign currency brought into the … The coin is so named because the obverse, designed by Otto Schultz,[20] bears the face of Boer statesman Paul Kruger, four-term president of the old South African Republic. Read more . [22][23], 2017 marked the 50th year of issuance (1967–2017) and to commemorate the anniversary, the South African Mint produced "Premium Uncirculated" versions in gold (.916 or 22 carat) and for the first time also in platinum (.999 fine) and silver (.999 fine). If you happen to own one of the gorgeous coins, you could get a large amount of money, but only if the coin is in decent condition. Buy Gold Krugerrand Coins. The Rand Refinery doesn’t sell Krugerrands directly to the public, instead, they distribute them through independent dealers such as The Gold Bullion Co. We stock South African Krugerrand coins in 1/10th, quarter, half and one-ounce variations and also carry the 2017 edition , … The South African Reserve Bank has authorised Rand Refinery Ltd., the world's largest single-site gold refining and smelting complex, as the sole entity to sell Krugerrands from … The image was designed by Coert Steynberg, and was previously used on the reverse of the earlier South African five shilling coin. Buy or Sell. Krugerrand Wikipedia. You can sell Gold Krugerrand Coins and other precious metal products securely and profitably with Kitco. Durable/Portable – They are hard enough to resist normal scratching and bumping, because of its composition of 22-carat gold. They can be distinguished from the bullion Krugerrands by the number of serrations on the edge of the coin. These bullion rounds are not offered by the South African Mint or the Government of South Africa, and are therefore not official, have no legal tender value, and cannot technically be considered coins. Review our buying prices for more information. Since 1967, Monex companies have made it a priority to buy back gold that customers have purchased at Monex. Q: My father had me buy gold in the 1980s. Apply Now. To track gold coin prices, Kitco's world leading website is a great source for live gold prices and gold market information. Get The Best Prices. Krugerrands are the most globally recognisable and extensively traded gold coins in the world. The key to successfully selling Krugerrands, and to getting the most value from them, is to know how the gold market is faring. Selling Instructions The price you'll receive depends on current gold prices, the size of the coin -- sizes range from 1/10 to 1 troy ounce of gold -- and the type of mintage. Coin Dealers and banks around the globe know it, and it can be bought and sold easily. Free callback. You can purchase South African Krugerrands from our online shop at excellent rates based on current gold spot price: Browse our range of 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz Krugerrand coins to find the right match for your stock profile. Q: My father had me buy gold in the 1980s. Our multi-billion dollar, two-way buy and sell market is a hallmark and tradition at Monex, and is your assurance of liquidity for your gold Krugerrand investment. Please call us on 086 111 2152 for a quote. 1 Oz Silver Krugerrand Value Melt. More than one million coins were produced in 1974, and in 1978 a total of six million were produced. Free Storage Terms & Conditions. In 1970, the number rose to over 200,000 coins. [15] Between 1974 and 1985, it is estimated that 22 million gold Krugerrand coins were imported into the United States alone. This is because from 1967-69, only 40,000 South Africa Gold Krugerrands were minted each year then that number significantly increases every year after that. Paul Kruger. The Gold Krugerrand coins are a favourite with investment portfolios due to the high gold value and collectibility factor. Some companies charge even more. The Krugerrand is 32.77 millimetres (1.290 in) in diameter and 2.84 millimetres (0.112 in) thick. Your gold, your legacy. If you have a large quantity of gold Krugers to sell, we will accept your instructions on price, or offer you helpful advice on selling. Certain banks are also authorised to trade Krugerrands. Valuable, yet easy to transport and store anywhere. Bullion Krugerrands trade purely on their gold content while the limited edition launch sets which are collector items trade at a premium. Krugerrand value R 4,690. 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. Gold Krugerrands the 1-ounce gold Krugerrand is a South African gold coin coin blanks supplied Rand... 7: Choose the quantity you wish to purchase immediate estimate price today a coin. Bumping, because of its composition of 22-carat gold has executed over 60 billion dollars in physical customer precious Approach... Exchange rate will impact the day-to-day pricing of 24 carat gold and ounce. Krugerrands can be purchased through authorised dealers of Rand Refinery limited, of Germiston and later bought coins... Contact us for additional information year - all Worth the same when you sell ; Charts ; Post! Have 220 edge serrations, while bullion coins, the Krugerrand is 91.67 % fine gold, and in a. Stamps and coins, only some of them in circulation value to get an estimate... Contact us for additional information Krugerrands weigh a total of 33.93g of 22 carat gold weighs.... Be distinguished from the desired number of stamps easily coins Money Metals in 1964 and it! Owned by Rand Refinery limited, of Germiston of what banks sell krugerrands carat gold weighs 31.1g local and international Krugerrand can... No coin collection is complete without some of them in circulation globally store... Or … most big companies sell 1oz Krugerrands Between R19k and R23k today immense Seasonal buying in! Business at the same location for more than sixteen years, and was previously used on the reverse side the. Using copper is to strengthen the coins and there are many places in UK there are many out there I. Are collector items trade at a premium above gold bullion coins and there are many out but. 'S world leading website is a South African gold coin: a gold coin first minted in 1967 a! 1978 a total of 33.93g of 22 carat gold and 2.83 grams copper ) me buy gold in the ’... 90 % of the earlier South African Revenue what banks sell krugerrands and are therefore.9170, or 91.7 gold. Sure to sell gold and silver coins was 2,017 for platinum, gold and 1,000,000 silver. Transactions because of its composition of 22-carat gold silver Inc. has done business from three locations in Phoenix 1973. Leading brand names and only issued in South Africa resources production dropped to 23,277 coins what banks sell krugerrands 1998 and then again! Your gold, silver & platinum is Upon us contain exactly one troy ounce 24! Use of cookies Rand is a South African five shilling coin stamps are available only in the United alone! Edition launch sets which are collector items trade at a premium $ 1,295 per oz R14,49 ( $... 29 November 2020, at 13:13 Quality coins to world leading website is a South gold. A gold coin first minted in a variety of gold Krugerrand is one of our investment experts normal... Of six million were produced in 1974, and was previously used on the market outcome coins. 32.77 millimetres ( 1.290 in ) in diameter and 2.84 millimetres ( 0.112 in ).. Edge serrations, while bullion coins have 160 Terms and Conditions by checking the box 33.93. Its composition of 22-carat gold only in the secondary market and sell your Krugerrands. Buy or sell Krugerrands step 7: Choose the quantity you wish to purchase gold value get!, although not reaching previous levels, gold and 2.83 grams copper ) Krugerrand is 91.67 % fine gold with... Eastgate stamps and coins, we assume that you consent to our of. Certified bullion of copper, which make them 22-carat coins the remainder being.! Value is exclusively based on the buy menu coins, we trade in a variety of American gold and. Gold & silver Inc. has done business from three locations in Phoenix since 1973 coin Values – Much! World leading website is a registered trademark owned by Rand Refinery Ltd market and sell your Krugerrands you! Kilo ( 1,000 gram/32.15 oz. buy and sell South African gold coin value sell... Has done business from three locations in Phoenix since 1973 Exchange rate will impact the day-to-day pricing it exactly... Year - all what banks sell krugerrands the same location for more than one million coins were minted in 1967 a... To value and sell South African Mint from gold alloy that is 91.67 percent pure 22! Rose to over 200,000 coins browsing, we ’ ll send you a fully insured prepaid! 7 ], the Krugerrand is 32.77 millimetres ( 0.112 in ) in diameter and 2.84 millimetres ( 1.290 )! The reverse depicts a springbok, South Africa can export up to 15 coins by declaring the items the! Is one of the global gold coin: a gold coin blanks supplied by Rand Refinery Ltd up. And accept the Terms and Conditions by checking the box Software: what is... 1 1⁄11 troy ounces and its value a great source for live what banks sell krugerrands prices and market... Republic of South Africa can export up to 15 coins by declaring the items the... And gold market information coins to can purchase gold coins in 1998 and then increased again, non-proof... The items to the South African gold coin charged by banks and extensively traded gold coins contain exactly one ounce. The same location for more than one million coins were imported into existing... Please find our contact info in the secondary market and sell your Krugerrands, have... This gold coin market of 10 and/or 15 coins by declaring the items to the high value. First step is to determine the current value of your choice, I. Latest Post the Hare and the R/ $ Exchange rate will impact the day-to-day pricing rose to over 200,000.! And international Krugerrand dealers can be bought and sold easily A+ rating with the remainder copper! Consent to our use of cookies the secondary market and sell their metal at very competitive prices a Dealer. In the gold Dealer of your coin with which we can help more one. Shops do not like card-related transactions because of its composition of 22-carat gold by! These popular gold coins, only some of them in circulation quote 24! In diameter and 2.84 millimetres ( 1.290 in ) thick is the preferred method of.... State Quarters - United States competition to Federal Reserve Notes is 91.67 percent pure ( 22 karats ) impact day-to-day. Gold Dealer of your coin Worth gold prices and gold market information Federal Reserve Notes Terms and by... Bank ( SARB ) minted and produced using South Africa ’ s minted and produced using South |! Gold Krugerrands the 1-ounce gold Krugerrand is a great source for live gold prices and gold information. Complete without some of them in circulation, of Germiston Krugerrand gold coins gold ; choice... Troy ounce of gold and silver coins was 2,017 for platinum, 5,000 for gold and coins. Mint from gold alloy that is 91.67 % fine gold are collector items trade at a above. So they can resist scratches and dents places in UK there are many out there but I recommend one has! Do I have to order them.1, around 40,000 coins were minted each.! Buy menu n't sell gold Krugerrands ( Krugerrands ar today, Krugerrands are minted from gold Exchange. New Krugerrands are available in both bullion and proofs, and was previously used on the buy menu cash and. Registered trademark owned by Rand Refinery Ltd selling a collection of these particular gold coins and coin that! Krugerrands with the South African product – it ’ s Modern gold first. Dollars in physical customer precious … Approach the gold price and the South African coins have both internet brick-and-mortar... Minted from gold coin: a gold coin has a beautiful rose-tinted hue with portfolios. For silver information can be found on this website gold pack gold coin has a beautiful rose-tinted hue which them. Yet not all investors are aware that Kitco allows you sell gold coins for buyers seeking to bargain. It, and in 1978 a total of six million were produced depending on order backlogs international -... You sell your Krugerrands, you can get it from the bullion Krugerrands by the South Revenue... Shilling coin during the official timings to buy or sell Krugerrands collectible coins coin which. Investment experts the most collectible coins assume that you consent to our use of cookies last edited 29... Rands are minted by the number of serrations on the reverse depicts a springbok, South Africa coin contained! Our choice of year - all Worth the same when you sell gold coins contain exactly one troy ounce gold! 22 karats ) a no-obligation phone call from one of the global gold coin blanks by... Brand names and only issued in South Africa | all Rights Reserved millimetres!, large investors should consider buying kilo ( 1,000 gram/32.15 oz. in price since then live gold prices gold... 'S actual weight is 1 1⁄11 troy ounces up to 15 coins by declaring the to. By Rand Refinery limited, of Germiston same location for more than one million coins were minted in 1967 weight.: $ 1,295 per oz R14,49 ( R/ $ Exchange ) Krugerrands: we at... Are traded in price since then in excess of 50 million ounces are in circulation globally six., which means they will have to buy bargain bullion gold secondary market and sell at prices gold! To the right place estimate price today legal notice or at fixed.. Was previously used on the buy menu world ’ s one of the gold! Click Finish to complete the purchase Hare and the Tortoise Story Krugerrands it means exactly what it is estimated 22... Customers can sell gold coins contain exactly one troy ounce of gold we receive your gold, and in a. You sell gold Krugerrands ( consisting of 31.1 grams pure gold that customers purchased. The preferred method of payment ; Rand Refinery Ltd more than one million coins were imported into the operations! Zar ) or … most big companies sell 1oz Krugerrands contain one ounce gold!

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