The gold Krugerrand was the earliest gold bullion coin minted in exact 1 troy ounce. The gold Krugerrand is produced by the South African mint, and it was first produced in 1967. The key reason for it is construction was to promote South African gold. The Krugerrand gold coin started to be so well liked that at one time it accounted for 90% of all the world's gold bullion coins! Why the popularity?
Possibly it had to do with its amount. In a market where the majority of gold coins demanded a remarkably high quality above the spot value of gold, the Krugerrand coin placed its own in the 1980's! Krugerrand gold coins were normally sold for spot gold price along with a bit more. The extra cost over the spot gold price was only billed to pay for the expense of manufacturing. This made gold Krugerrand coins probably the most popular gold coins for serious investors of that time.
Currently the Krugerrand might call for a higher premium above the spot gold price than it used to, but it's price is still less of a premium than most gold coins on the market... Making it a very popular coin even in today's very competitive market.
But you don't have $1,600 plus to spend into a Krugerrand gold coin? Don't worry. Krugerrand coins come in several different weights: 1/10th troy ounce, 1/4th troy ounce, 1/2 troy ounce and 1 troy ounce. You is going to be sure to discover a gold Krugerrand coin for your budget!
If all you want invest into gold this month is around $400? Buy 1 or 2 1/10th troy ounce Krugerrand gold coins. Perhaps you have $800 to spend this month? Buy one 1/2 gold Krugerrand coin this month.
By offering numerous weights, the South African Mint has made it easy for you to invest into Krugerrand coins today.
Thus, if you would like to diversify your investment portfolio look no further than gold Krugerrand coins. Actually, look right past the overrated and way over priced Buffalo gold coins, Canadian Maple Leaf gold coins, Chinese Panda gold coins, and all those other gold coins on the market today... Go straight for the Krugerrand gold coin.
Gold is gold, irrespective of where it comes from. But if you can buy it for tens of dollars (or so) over spot price instead of hundreds of dollars over spot price, well, you will get more out of your money going with the first - gold Krugerrand.
Possibly it had to do with its amount. In a market where the majority of gold coins demanded a remarkably high quality above the spot value of gold, the Krugerrand coin placed its own in the 1980's! Krugerrand gold coins were normally sold for spot gold price along with a bit more. The extra cost over the spot gold price was only billed to pay for the expense of manufacturing. This made gold Krugerrand coins probably the most popular gold coins for serious investors of that time.
Currently the Krugerrand might call for a higher premium above the spot gold price than it used to, but it's price is still less of a premium than most gold coins on the market... Making it a very popular coin even in today's very competitive market.
But you don't have $1,600 plus to spend into a Krugerrand gold coin? Don't worry. Krugerrand coins come in several different weights: 1/10th troy ounce, 1/4th troy ounce, 1/2 troy ounce and 1 troy ounce. You is going to be sure to discover a gold Krugerrand coin for your budget!
If all you want invest into gold this month is around $400? Buy 1 or 2 1/10th troy ounce Krugerrand gold coins. Perhaps you have $800 to spend this month? Buy one 1/2 gold Krugerrand coin this month.
By offering numerous weights, the South African Mint has made it easy for you to invest into Krugerrand coins today.
Thus, if you would like to diversify your investment portfolio look no further than gold Krugerrand coins. Actually, look right past the overrated and way over priced Buffalo gold coins, Canadian Maple Leaf gold coins, Chinese Panda gold coins, and all those other gold coins on the market today... Go straight for the Krugerrand gold coin.
Gold is gold, irrespective of where it comes from. But if you can buy it for tens of dollars (or so) over spot price instead of hundreds of dollars over spot price, well, you will get more out of your money going with the first - gold Krugerrand.
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