Krugerrand Gold Coins

Krugerrand Bullion Buying Guide

With the gold prices at record highs and the World economy on the downside, more and more smart investors are converting some of their assets to gold in order to hedge against the falling dollar. After all, no other investment has the wealth preserving power as gold does. Buying Gold Bullion especially South African Krugerrand Bullion, is the most practical and popular way of owning gold.

"Bullion" is a form of metal in which its value comes primarily from the worth of the precious metal instead of an imprinted currency value. Gold Bullion coin such as Krugerrand, is priced and sold according to the weight of gold it contains, plus the additional premium it carries. Many countries have or are minting bullion coins.

The Gold Krugerrand was World's first national Bullion. Minted in South Africa back in 1967, Krugerrand Bullion coins were named after the Old South African president Paul Kruger, Krugerrand's obverse side features Paul Kruger, and the reverse depicts South Africa's national symbol, the Springbok antelope. Today, gold Krugerrands come in four different sizes: 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz. 1 oz gold Krugerrand is by far the most popular Krugerrand coin and is widely traded worldwide.

Here is the 1oz Krugerrand gold coin specifications:
Weight: 33.9305 gram
Gold Content: 1 troy oz (31.104 gram)
Fineness:0.917
Diameter: 32.61 mm to 32.77 mm
Thickness: 2.74 mm to 2.84 mm

There are many sources to purchase Krugerrand Bullion today. You can visit local coin shops, or order from mail catalogs. In my opinion, however, the best place to purchase Krugerrands is online. KrugerrandGoldCoins.com offers a wider selection and up-to-the-minute deals comparing to the traditional coin retail shops.

One tip for buying Krugerrand Bullion online is to buy from a reputable seller. You can look up the sellers' feedback scores, or carefully read the comments from previous customers. Ideally, you would want to do business with a seller with a feedback score of 100%. But you have to take everything into consideration. If a seller has a feedback score of less than 100% he still may be a reputable dealer.

Click here to shop for Krugerrand Bullion now!

South African Krugerrand Prices

When estimating South African Krugerrand Prices, you should count both "spot price" and premium or markups over spot.

South African Krugerrand is World's first bullion coin. Minted since 1967,Krugerrand was named after the last president of the old South African Republic, Paul Kruger. The 1 oz Gold Krugerrand coin was also the first gold coin that contains exactly one ounce (33.93 grams) of pure gold. In fact, Krugerrand coins didn’t have monetary value imprinted on them. Krugerrand Prices are based upon the market value of one-ounce pure gold.

Besides the “spot price” indicated above, you have to add premium for Krugerrands when estimating Krugerrand prices. Gold Krugerrands, like Mexican Gold 50 Peso, carry small premiums (5% to 10%) depending on purchase quantity. The smaller premiums are, the more gold you'll get for your money, making Gold Krugerrand an ideal option for small investors.

When gold price fluctuates in the market, the price or value of Krugerrand changes correspondingly. For instance, back in early 2006 when gold prices were around $550 per ounce, you could buy 1 oz Krugerrand for about $550 to $600 each. When gold price jumped to $900 per ounce today, the 1oz Krugerrand price is now close to $950 each. In other words, Krugerrand prices constantly fluctuate as gold prices do in the market place. So you must watch gold prices closely, and decide if it's time to buy, sell or hold krugerrands, anticipating a higher price.

With the world economy in turmoil, you should start looking for a safer and more effective investment to protect your assets beyond stocks and mutual funds. As the most popular gold coin with small premium, gold Krugerrands are often recommended especially towards small investors. The current market trend shows that Krugerrand Prices may continue increasing as the gold prices jumping north of $900, making buying Krugerrand a great investment option to consider.

Click here to shop for Krugerrand gold coins!

Why You Should Buy Krugerrands Now

With the world economy wobbling and rescue package after rescue package not seemingly doing any good, you should start looking for better ways for investment and asset protection beyond stocks and mutual funds. Smart investors have recently turned to gold.

Investing in Gold has long been proven one of the safest and most effective ways to protect personal assets against the inflation and uncertainties. For average Americans, the easiest way to add gold to their investment portfolios and protect their hard-earned money during recessions is to buy gold coins, especially those gold coins with small markups such as South African Krugerrand. Buying Krugerrands is now considered the No.1 choice for small investors to protect their assets.

Here are 5 good reasons why you should buy Krugerrands now!

1) For centuries, gold has been Recession Proof, and this has been proven during countless crisis situations over the past centuries.

2) Buying gold coins is one of the most practical ways to physically own gold. Gold Krugerrand coins are small weighing no more than 1 oz, making them easy to store and transported.

3) Gold Krugerrand coins, especially 1 oz Krugerrand coin, is the ideal coin for you to start. The South African gold Krugerrand coin was the first gold coin that contains exactly one ounce of pure gold, which makes it the best known of modern bullion coins. As a matter of fact, gold Krugerrand coin has always been one of the most available and best-priced coins of its type in the market. There are thousands of gold Krugerrands bought and sold online or at the gold dealers everyday, making Krugerrand one of the most popular Gold Coins among investors.

4) Since gold Krugerrand coins are already well known in the industry and any dealer are readily trade them, Krugerrand coins could be easily converted into cash should the need arise. This allows you to liquidate your asset very quickly when necessary.

5) Gold Krugerrands carry small premium over spot. That means Krugerrand coins cost less per ounce than the standard American Eagle Gold Bullion and thus give you more gold for your money. If you have $5,000 or less to spend, I recommend you put half in US 90% silver coin, and half to buy Krugerrands.

Click here to buy Krugerrands now!

Tips for Buying Cheap 1 oz Gold Krugerrand

With the World economy turmoil, it is no secret that we are living in uncertain times. Seasoned investors have recently been turning to one of the safest investment- gold, and gold coins in particular. Gold is Recession Proof, with its price recently hitting $900 per ounce. Gold coins, especially low-premium gold bullion coins such as 1 oz gold Krugerrand, have become favorites of seasoned gold bullion investors.

1 oz gold Krugerrand is the best known of all the modern gold bullion coins. Made from exactly 1 oz of pure gold, 1 oz Krugerrand gold coin is one of the most available and best-priced coins of its types on the market. In comparison to sovereigns, 1 oz gold Krugerrand coin may not look as nice as other coins for collection purpose. However, It is extremely popular as a solid investment against recession and deflation. What they lack in looks, however, they make up for in high cost effectiveness for small investors who want to buy more gold for the fixed budget.

Considering gold is now trading around $900 per ounce, you may ask how it is possible to buy cheap 1 oz gold Krugerrand coin now. Firstly, you need to do a bit research yourself, checking gold trading prices on daily basis and read some expert analysis of gold market value trending. Decide the timing of purchase is an important factor to get a good deal, since the 1 oz gold Krugerrand coin is valued at the current market value of 1 troy oz. gold. In other words, the coin's value is based upon the market value of one-ounce 22 carat gold it contains

In addition, try to buy 1 oz gold Krugerrand coin online via auction sites such as KrugerrandGoldCoins.com. Forget about local Gold Coin retailers or dealers ----- We now live in the “cyber-society” thanks to the Internet. Online Gold Coin auctioning has become a flourishing and very active market. Online auction sites such as  KrugerrandGoldCoins.com tend to offer wider selection of Krugerrand coins and list up-to-the-minute deals constantly, due to the nature of these sites.

Remember to always purchase 1 oz Gold Krugerrand from a reputable seller, by looking at their feedback score. You can also view the comments previous customers have left for the seller. Ideally, you would want to do business with a seller with a feedback score of 100%. But you have to take everything into consideration. If a seller has a feedback score of less than 100% he still may be a reputable dealer.

Click here to shop for 1 oz Gold Krugerrand now!