The Krugerrand
The Krugerrand: The Original Gold Bullion Coin
There are
many different ways to own gold, but one of the most popular gold bullion
coins is South Africa's Krugerrand.
Introduced in 1970, the Krugerrand was the world's first gold bullion coin.
It is denominated in ounces of pure gold rather than having a face value.
Over the years, more than 54 million Krugerrands have been circulated worldwide.
Krugerrands: Designed for Investors
The value of Krugerrands (which contain exactly 1 oz., 1/2 oz., 1/4
oz., or 1/10 oz. of pure gold) can easily be determined from the internationally
quoted gold price.
Krugerrands are durable. They are alloyed with a small amount of copper,
making them 22-karat coins - containing 11/12 part 24-karat gold and
1/12 part copper. Copper is a traditional alloy of gold coins used
to harden coins, making them hard enough to resist normal scratching
and denting - an important feature, as 24 karat coins and bars are more
easily damaged and generally require protective packaging.
Krugerrands are easy to transport and store. Since the Krugerrand
is so well recognized, buying and selling them internationally is exceptionally
easy.
Krugerrands have always been legal tender coins under South African
legislation. They are minted by the South African Mint. As legal tender
coins, they do not need to be assayed or melted down upon resale-unlike
some cast and minted gold bars.
Order online or call a Blanchard and Company, Inc. Gold Bullion Consultant:
1-800-880-4653.
Read more about how to order Bullion.
Krugerrand Pricing and Specifications
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| 1 oz |
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33.930 grams |
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32.77mm |
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Bullion Prices are Indications Only
The bullion prices quoted on theses pages are based on the live market price of the metals. The bullion prices on our website are updated constantly Monday through Friday – from 8am to 5pm CST. You never pay more than the going market price plus a small premium for minting and distribution. To order, please call 1-800-880-4653 or place your bullion order request online.
When you place an order request for bullion online a Blanchard and Company, Inc. Account Executive will contact you to confirm and complete your bullion order. When a Blanchard and Company, Inc. Account Executive confirms your order for bullion, you’re locked in at the quoted price at that moment. We give you an order confirmation number, which guarantees your price. There’s no need to worry about market fluctuations. Regardless of whether the market goes up, you pay your confirmed price.
We accept orders at these prices subject only to any change in the spot price of bullion at the actual time of your confirmed phone order with us.
All orders for bullion are subject to acceptance by Blanchard and Company, Inc. Bullion prices can change rapidly and we reserve the right to refuse orders over the Internet due to volatile prices.
Read more about how to order Bullion.
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