Buy Krugerrand Gold Coins as Safe Investment

Written by admin on December 5, 2008 – 5:35 am -

We live in uncertain times. The more prudent investors have recently been turning to one of the safer forms of investment - gold, and gold coins in particular. Gold prices hit $1000 on ounce earlier this year as investors plied their savings into stocks of the precious metal. According to the World Gold Council total investment in gold rose by 163% in the first quarter alone.

One of the most popular ways to invest in gold is to buy gold coins such as Krugerrands or Sovereigns. Items such as Krugerrand coins, which individually are 1oz of pure gold, are easily available from such diverse places as on-line auction site EBay.. Many industry commentators are openly suggesting that investors buy stocks of gold coins as safe, long term investments.

When comparing your options for buy gold coins there are several factors to consider depending on which coin you are buying. The main factor is to compare the percentage over the standard market gold price for each type of coin.

Gold Sovereigns

Experts believe that Sovereigns are often worth paying the slight extra premium for. Their small size and historic significance make them very attractive to most investors.. Sovereigns are better known that some other types of gold coins, Krugerrand coins for example, and have the added advantage of being exempt from Capital Gains Tax if you live in the UK. It is suggested that if you can buy sovereigns within 2% of the price of Krugerrands coins that this makes them a better long term buy.

Krugerrand Coins

Krugerrand coins are the best known of all the modern gold bullion coins. These one ounce solid gold coins are more easily available in greater quantities and can generally be bought at lower prices than any other. In comparison to sovereigns, Krugerrand coins do not look as nice, nor are they of such historical significance, but as a solid investment they are still extremely popular. What they lack in looks, however, they make up for in high production quality and they are a cost effective way for small investors to buy gold.


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Invest in Krugerrand Gold Coins

Written by admin on November 29, 2008 – 4:30 pm -

With the weakening of the dollar and rising price of gold, the monetary standard of the world was changing, and gold would play a growing part in those changes. As a result, people are buying more gold as investment such as gold bars and gold coins. Among all kinds of gold coins available on the market, krugerrand gold coin is one of the best choices for gold investors.

The South African Krugerrand is the world's first gold bullion coin and remains one of the most successful gold coins ever minted. Released in 1967, the Krugerrand is an international symbol of wealth. The obverse features South African Republic's first president, Paul Kruger. The reverse depicts South Africa's symbol, the Springbok gazelle. Krugerrands come in four sizes: 1-ounce, 1/2-ounce, 1/4-ounce, and 1/10-ounce. All four gold coins carry the same design. 1-oz Krugerrands are by far the most popular and generally can be found in large quantities.

The South African Krugerrands made gold ownership simple by providing a one troy ounce unit of gold that was easy to buy and sell all over the world. Instead of odd-weight bars of gold, the market for private gold owners now had the convenience of mass-produced bullion coins. Because of this reason, Krugerrands enjoy the most active secondary market of all modern gold bullion coins, with thousands changing hands daily.

Krugerrands are very popular as an investment because the premium over spot is usually pretty low. These days if you pay 1% over spot you are doing great, but with gold soaring right now it will take some research to find the right dealer.

To buy krugerrand at the cheapest market price, you should check out KrugerrandGoldCoins.com.


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