If you buy gold krugerrands, keep in mind that these coins are 22 carat gold.

Krugerrand is considered as legal currency in South Africa, it is rarely used for that purpose but it has become a favorite of coin collectors all over the world, known as "medal coins." These were the first coin to be valued at the monetary value of gold, or the current rate of gold prices.

The price of Gold Krugerrands that the dealer or collector will pay depends upon the current gold market price on that particular day. If you buy gold krugerrands as an investment, keep in mind that these coins are 22 carat gold; an extremely high grade in quality. Pure gold, at 24 carats, is too soft to be minted so it is "cut" with various amounts of metal to make it hard enough to mint. Learner investors often make the mistake of comparing the gold prices for jewelry items made from 18, 14, or 12 carat gold with the gold price or market value of the 22 carat krugerrand. They should remember all gold is not created equal!

Gold Krugerrand was the prototype model for other one-ounce coins like the Canadian Gold Maple Leaf, the Australian Nugget, the Mexican Gold Peso, and the United States Golden Eagle. Since these coins are not as widely available as investments as the Krugerrand is, they are sometimes subjects of counterfeiting.

Anywhere you go in the world; these coins hold their value, often by reputation alone. The amount of gold in a Krugerrand is exactly one ounce. There is about 2.8 grams of copper in the gold coin as well to increase its durability and strength. The total weight of at Gold Krugerrand is 1.0909 troy ounces, the weight of the other metal not being calculated in the measurement. Don't worry about the extra weight costing you more, or devaluing the coin, the bullion sells for exactly the same as other completely pure gold coins like the Canadian Maple Leaf. In the past, other coins contained only the amount of gold in them to correspond to the face value, the Krugerrand was the first coin to contain exactly one ounce of gold.

Gold Krugerrand has withstood the test of time, and even in the presence of many other reputable gold tender coins, it is still widely respected. You can always spot one of these coins in a collection as they have a darker, richer tone to them, more like a penny due to the small amount of copper used in their minting. They truly stand out in any collection, and will only enhance your gold bullion portfolio.

Gold Krugerrands | Gold Maple Leaf