Gold Krugerrand

On the Krugerrand Gold coin, the springbok seems to be jumping into action, while President Kruger is a reminder of 19th century South African political and military affairs. 1 oz Gold Natura Coins In 1994, the South African Mint began the new Gold Natura series. 1 troy oz gold South African Krugerrand coins was first conceptualized in 1964 as a legal tender bullion coin marked only with its weight in gold. The coin was created as a means for the private ownership of South African gold bullion coins by the general public and was first minted at the South African Mint on July 3, 1967.

Prices based on current spot gold of

The 1-ounce gold Krugerrand is 91.67% fine gold, and weighs 1.0909 troy ounces. It is distributed from the South Africa Mint in tubes of 10 and/or 15 coins per tube. Its diameter is 32.7 mm, thickness 2.83 mm.
Gold bullion coins got their start in 1967 when South Africa introduced the Krugerrand.

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South Africa is the largest producer of gold in the world, and the Krugerrand helped the country to market the vast stores of gold coming out of the deep mines around Johannesburg.

The convenience of a legal tender gold bullion coin, exactly one ounce of pure gold, guaranteed by a government Mint for weight and purity, made The gold Krugerrands is the predominant way for individuals to buy gold bullion in the 1970's.

With the demise of gold as legal tender coins in the first half of the 20th Century, the only gold struck came to be special presentation pieces and collectors issues, not the old fashion gold-for-money's–sake gold coins as had been produced for thousands of years prior. Gold-for-gold's-sake was pretty much bullion bars, a form of gold whose ownership was restricted in the United States from 1933 to 1975. Gold coins came to mean coins of numismatic or collectors value, coins which traded for prices far in excess of their gold value.

The South African Government changed that with the introduction of the Krugerrand in 1967.

Here was a coin, with legal tender status, purposefully made to trade just for its gold value and the small cost of manufacture and distribution. South Africa foresaw that gold ownership would become increasingly popular among private individuals as the U.S. dollar was no longer a fixed amount of gold. Twin river free slot play.

With the weakening of the dollar, the monetary standard of the world was changing, and gold would play a growing part in those changes.

The South African gold Krugerrand has 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.

Later, other countries followed suit and produced their own bullion coins, but not before tens of millions of ounces of gold Krugerrands were sold all over the world.

(Krugerrands are commonly misspelled as Krugerands)

South African Gold Krugerrand

Onlygold did business at the same location for more than sixteen years. CMI Gold & Silver Inc. has done business from three locations in Phoenix since 1973.

Both firms are Accredited Businesses with the Better Business Bureau, and neither firm has had a complaint filed with the BBB—ever! Royal straight flush poker.

In addition to having really strong bids on gold, silver, platinum, and palladium in coin and bullion form, we also purchase a wide range of numismatic coins. We have especially strong bids for old US gold coins.

OnlyGold.com is owned & published by CMI Gold & Silver Inc. Copyright – CMI Gold & Silver Inc. All rights reserved.

All checks, shipments, and correspondence should be sent to:

CMIGS 3800 N. Central Avenue, 11th Floor, Phoenix, AZ 85012

Gold krugerrands krugerrand online fast shipment krugerrand gold coins gold krugerrands an investors er gold krugerrands 1 oz gold krugerrand coins.

Gold Krugerrand Sell

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Onlygold did business at the same location for more than sixteen years. CMI Gold & Silver Inc. has done business from three locations in Phoenix since 1973.

Both firms are Accredited Businesses with the Better Business Bureau, and neither firm has had a complaint filed with the BBB—ever! Royal straight flush poker.

In addition to having really strong bids on gold, silver, platinum, and palladium in coin and bullion form, we also purchase a wide range of numismatic coins. We have especially strong bids for old US gold coins.

OnlyGold.com is owned & published by CMI Gold & Silver Inc. Copyright – CMI Gold & Silver Inc. All rights reserved.

All checks, shipments, and correspondence should be sent to:

CMIGS 3800 N. Central Avenue, 11th Floor, Phoenix, AZ 85012

Gold krugerrands krugerrand online fast shipment krugerrand gold coins gold krugerrands an investors er gold krugerrands 1 oz gold krugerrand coins.

Gold Krugerrand Sell

Gold Krugerrand Cost

Gold Krugerrand Ebay

Krugerrand Gold Coins Value

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