Learn To Buy Krugerrand Gold Coins

By Oscar Heath

BRAND NEW 2012 GOLD KRUGERRAND

2012 Krugerrands continue the elite tradition, since 1967, of South African minted coins with their 1, 1/2, 1/4, and even a 1/10 ounce, denominations. This makes these highly sought coins particularly good for smaller budgets. Of course, if so able, the full ounce coins are great for investing purposes too. This makes the coin highly versatile and suited to many different budget ranges. With the image of Paul Kruger on the obverse and the sprinbok antelope gracing the reverse, this coin once dominated the gold market worldwide. Today, it is still a powerhouse. These fetch high prices at auctions, private sales, and online sales worldwide. Recommended for anyone both new and old to the gold markets, this popular coin helps protect wealth. Also, it takes the difficulties out of finding a well paying buyer when or if you ever choose to sell.

Krugerrand gold coin is one of the oldest makes from all contemporary-day gold coin and bullion. Established in 1967, Krugerrand gold coin was rooted from South Africa. Since then, its popularity became so impressive that it caused the mintage of several common gold coin and bullion including the US Gold Eagle and the Canadian Gold Maple Leaf.

So why invest in gold? This precious metal has proven itself to be a promising long-term investment, sturdily improving in value since the early 20th century. Mainly during uncertain economic eras, gold has become a safe store of value and has even escalated in value when major foreign currencies decline. There are many benefits to buying Krugerrand gold coin. Below are some of the major advantages compelling investors and traders to pursue them as assets.

One major benefit is high durability. 22k Krugerrand gold coin is comprised of a gold alloy mixture measured at 91.6% gold and 8.4% copper. The addition of copper yields more durability and robustness than any other 24k contemporary gold bullion coins The coin is extremely resistant from damages including chips, dents and scratches that may reduce the overall value of the Krugerrand gold coin.

Another benefit is low cost. Krugerrand is well known and recognized for its low premiums over spot value of gold. At certain trading times, Krugerrand coins were reported to trade at $9 over spot price as opposed to $16 for Canadian Gold Maple Leaf and $34 for the US Gold Eagle over spot price. This price difference is truly a critical aspect for investors looking for the lowest bargains for gold.

Immediate liquidity is also a notable advantage for Krugerrand gold coin. Since Krugerrand gold coin is extremely well-established in its respective market, it is relatively easy and simple to purchase and sell them both in local and multinational sources.

Krugerrand gold coin is also easy to store. Similar with many of the gold bullion coins today, the compactness of Krugerrand dimensions have made them impressively convenient to store and transport. A lot of Krugerrand coins come in 3-inch plastic tubing that fits perfectly inside safes or safety deposit banks.

Gold coins are also better when compared with bars. While it is proven that the premiums on gold bars are basically lower than gold coins, it is also a given fact that gold bars are quite difficult to store and transport. Add this to the fact that many gold bars should be assayed when retailed, which spells out extra costs that you shouldn’t be charged with.

About the Author: We really have a special opportunity to buy gold. The economy is slowly but surely showing signs of greater and greater strains. For your Free Gold Investing Guide and to

Buy Gold Krugerrands

please visit

BullionUK.com

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