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:: Bullion ::

KINDLY NOTE: We do not trade in collectors or special edition coins.

We buy Kruger Rand 22 Carat gold bullion coins in any condition higher than the market R/$ price. We sell Gold bullion coins in relationship to the market R/$ price. We will buy any other 22 carat gold coins at bullion R/$ market related prices.


Kruger Rand

We buy at

We sell at

1 Ounce ... R7'750 ... R8'350
1/2 Ounce R3'875 R4'380
1/4 Once R1'940 R2'340
1/10 Ounce R770 R1'040

The above pricing was updated 08 Aug 09.

KINDLY NOTE: Due to fluctuations in the gold price and exchange rates as well as the number of coins traded the above prices may differ.

KRUGERRANDS

 

Gold coins have always represented the ultimate in wealth and prestige. For collectors, no other metal can match the quality and lustre of coins struck in the finest gold.

The discovery of the main gold reef in 1886 in Johannesburg forever changed the history of South Africa. This beautiful and warm shimmering gold not only captured the imagination of our country but also the world.

[Most Recent Exchange Rate from www.kitco.com]

Today, the Krugerrand is the South African brand name that people associate with gold from South Africa. In fact, the Krugerrand is rated as one of the top 300 brands in the world.

The design of the Krugerrand was based on historical coins in South Africa. The obverse depicts the bust of President Paul Kruger who was President of the ZAR (Zuid Afrika Republiek - the previous Transvaal province of South Africa) at the time that the gold was discovered. The design on the reverse depicts a prancing springbok, which is synonymous with South Africa. The Krugerrand is minted in the traditional 22 carat gold and is available in 1 oz, ½ oz, ¼ oz and 1/10 oz coins. The Russian invasion of Afghanistan in 1979 pushed gold to $800 an ounce and the surge in the price prompted the introduction of the fractionals (½, ¼ and 1/10) in 1980 to broaden the level of gold ownership and the forerunner of the Kruger Set.

Over 55 million Krugerrands have been sold to date all over the world. Krugerrands are quoted in dollars and in S.A they have proven to be one of the premiere currency hedges. As the R/ $ exchange rates has depreciated over the years, Krugerrands have reached their highest price of R8800. Together with gold at a 25 year high, Krugerrands have proven to be an outstanding store of value and investment.

 

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