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Gold and Silver Krugerrands

7/23/2020

1 Comment

 
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​Gold Krugerrands are manufactured from one of the world's largest gold mines in South Africa. The Krugerrand is the original and most recognized one-ounce gold bullion coin in the world. You may have even seen them used in movies and TV Shows such as “Archer,” “Arrested Development,” “NewsRadio” and “Lethal Weapon 2.” They were first minted and introduced in 1967 from the Rand Refinery. The Krugerrand was developed to promote South African Gold Internationally and making it easy for anybody in the world to invest in gold.

The Gold Krugerrand holds the title of the world’s first modern gold bullion and to this day is still very popular in the trading business, and investment sectors across the globe. The coin is one of the most desirable investment coins, and is known for it's extreme durability (from gold alloy), iconic design, and high gold purity.

A Krugerrand can be easily recognized by the following details:
  • The obverse features a profile of former South African president Paul Kruger and contains the words for “South Africa” inscribed in capital letters in both the English and Afrikaans languages.
  • The reverse features an image of an antelope, the date that the coin was minted, the gold weight of the coin, and the word “Krugerrand” in all capital letters. The antelope is also found on South African five-shilling pieces.
The coin’s name comes from combining Paul Kruger’s surname with the “rand,” South Africa’s national currency. Additionally, “Krugerrand” is trademarked by Rand Refinery Limited. 

As of 2017, more gold Krugerrands have been minted than all other gold bullion combined. WOW!  

While these coins were at one time considered illegal due to growing sanctions over South Africa’s apartheid policy, those sanctions were lifted and eased with the abolition of apartheid in 1994. All Krugerrand coins, even ones minted during the time when international sanctions were fully enforced, are now perfectly legal to own, handle, buy, and sell within the United States.

And naturally because it has been so successful over the decades, it is now being offered in silver.  To celebrate the 50th Anniversary of the gold krugerrand coin, the South African Mint has struck the first premium 1 oz. Silver Krugerrand.

The Silver Krugerrand has the same classic design as the gold coin. The coin bears the face of Paul Kruger and the Springbok antelope, one of the national symbols of South Africa. 

At Texas Gold and Silver Buyers of San Antonio, we purchase Gold and Silver Krugerrands and pledge TOP DOLLAR PAID.  As with any Coins or Bullion, there are many fakes out there, produced by China.  With that being said we have the state-of-the-art tools of the trade, to quickly and NON DESTRUCTIVELY test any items being presented to us to buy.   We promise a Hassle-Free, No Pressure, FREE Quote.  

In addition to Gold and Silver Krugerrands, we also purchase all other Gold and Silver Coins such as American Eagles, Canadian Maples, and much, much more!  If it is Gold, Silver, Platinum or Palladium, WE BUY IT!  Coins, Bullion, Scrap, Jewelry, Sterling Silver, and Dental Gold.

We want to be your trusted Partner in exchanging your Gold, Silver, Platinum and Palladium items, and pledge a SAFE and FRIENDLY experience.  

We are your go to Exchange for Gold, Silver, Platinum and Palladium for CASH.

Texas Gold and Silver Buyers
3435 Thousand Oaks Drive
Suite 107
San Antonio, Texas, 78247


210-441-2177
1 Comment
Sell Rolex link
8/19/2020 05:34:02 am

Rolex watches are best and demanding fashion gadget, always prefer rolkex watches because it is expensive and best watch as compare to other watches.

Reply



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    Thanks for stopping by our blog. My name is Evan and I am the owner of Texas Gold and Silver Buyers in San Antonio.  From time to time I will post blog entries to help educate and inform our customers and potential future customers on all aspects of Precious Metals (Gold, Silver, Platinum & Palladium!)

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texas gold and silver buyers
3435 thousand oaks suite #107
san antonio, tx. 78247



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210-441-2177

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  • Home
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  • About Us
  • XRF X-Ray Testing Demo
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  • FAQ