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Topic: Krugerrand


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In the News (Sat 6 Sep 08)

  
  Buy Krugerrands, sell Krugerrands, South African Krugerrand gold coins
Most Krugerrands were minted in the 1970s and early 1980s to meet the demand as gold bullion buyers flocked to gold coins as protection against inflation.
However, in 1985, because the South African government was white-ruled, Congress banned the importation of Krugerrands.
Krugerrand gold bullion coins trade in the secondary market only, which means Krugerrand buyers receive Krugerrands that have been previously owned by other investors.
cmi-gold-silver.com /krugerrand-gold-coins.html   (494 words)

  
  Krugerrand   (Site not responding. Last check: )
Since the gold alloy the Krugerrand was minted from was 91.67% pure, the actual weight of a "one ounce" coin is 1.0909 ounces, to provide for one ounce of elemental gold.
The Krugerrand was the first gold coin to contain precisely one ounce of fine gold, and was intended from the moment of creation to provide a vehicle for the private ownership of gold.
The Krugerrand gets its name from the fact that the obverse, or "heads" side of the coin, shows the face of Paul Kruger, president of the old South African Republic.
www.serebella.com /encyclopedia/article-Krugerrand.html   (347 words)

  
 Krugerrand - Wikipedia
Die Krugerrand is 'n Suid-Afrikaanse goudmuntstuk, wat in die jaar 1967 vir die eerste keer uitgereik is en veral daarop gemik was om Suid-Afrikaanse goud in die buiteland te bemark.
Die Krugerrand was die eerste staafgoudmunt, wat teen die markwaarde van sy goudinhoud gehandel is. By ander, ouer goudmunte soos die Britse Gold Sovereign is die waarde, wat hulle as betaalmiddel het, op die voorkant ingegraveer, en dit kon aansienlik verskil van die waarde van hulle goudinhoud.
Die Krugerrand was ook die eerste goudmunt, wat presies een fynons goud bevat het en op privaat beleggers gemik was.
af.wikipedia.org /wiki/Krugerrand   (621 words)

  
 Millennium Krugerrand for £150
Krugerrands are a South African gold coin containing one ounce of fine gold.
Most purchasers will not know the specifications of all four sizes of coin in the krugerrand family, therefore quoting the diameter fails to clarify that this is only a quarter krugerrand containing only a quarter ounce of gold.
In the absence of any clear indication to the contrary, any reference to krugerrand should mean a what is says, a "full" one ounce krugerrand, the original and normally accepted meaning of the name.
www.24carat.co.uk /westminstermillenniumkrugerrand.html   (766 words)

  
 Krugerrand - South African Gold Coin   (Site not responding. Last check: )
The Krugerrand was issued in 1967, provision having been made in the Act of 1964 for such a coin containing 1 oz.
In 1980, Krugerrands of half, a quarter and a tenth of an ounce, of the same design, were added to the series.
The gold value is the same as that of the ordinary Krugerrand, but with its special finish of polished surfaces, matt finish of the bust of President Kruger and of the springbok, and in view of the limited edition in which they were issued, these proof coins are undoubtedly numismatic items that merit a premium.
about-south-africa.com /html/krugerrand.html   (560 words)

  
 Investing in the future - 03/8/04
Krugerrands are available in four sizes, composed of.9166 fine gold (22 karats) and each containing an exact amount of pure gold: the 1-ounce, 10-rand coin (32.69 millimeters in diameter), introduced in 1967, and three fractional versions, all introduced in 1980 to provide the buyer the opportunity to acquire gold more affordably.
Proof Krugerrands from previous years may also be available from bullion dealers, but are more likely to be found among the inventories of dealers of foreign coinage.
The Krugerrand continued to be produced during the years they were banned for importation into certain countries, albeit in significantly reduced mintages.
www.coinworld.com /news/030804/BW_0308.asp   (1205 words)

  
 krugerrand ... coin changers, us paper money, gold ingot, old paper money, military coin
The Krugerrand introduced the concept of a "bullion" coin, and was the only choice for most of the 70's and into the 80's.
krugerrand: "All of the measures I have adopted against South Africa are directed at apartheid and the South African Government, and not against the people of that country or its economy.
The Krugerrand measure ordered was taken in recognition of the fact that the Krugerrand is perceived in the Congress as an important symbol of apartheid.
www.salemathenaeum.org /krugerrand.html   (471 words)

  
 Krugerrand - Definition, explanation
It was the first bullion coin to be tenderable at the market value of its face gold content; by contrast, earlier coins such as the sterling Britannia had a tender value in currency engraved on their face, which could be completely divorced from their market value.
Since the Krugerrand was minted from gold alloy being 91.67% pure, the actual weight of a "one ounce" coin is 1.0909 ounces, to provide for one ounce of elemental gold.
The success of the Krugerrand led to many other gold producing nations minting their own bullion coins, including the Canadian Maple Leaf in 1979 and the Australian Nugget in 1981.
www.calsky.com /lexikon/en/txt/k/kr/krugerrand.php   (435 words)

  
 * Krugerrand - (Numismatic): Definition
The krugerrand was introduced in 1967 by the South African Mint, as a neat way to market gold to investors.
These are known as Britannias, and like the Krugerrand are issued in 22 carat gold with fine gold contents of 1, 1/2, 1/4 and 1/10th ounces.
This will be defined as a bullion coin that is minted for at least 2 years, and most or all years can be bought or sold at a reasonable premium over spot (close to current bullion coin premiums).
en.mimi.hu /numismatic/krugerrand.html   (553 words)

  
 The Return of the Krugerrand - Collectors Universe Library - Collectors.com : The Ultimate Collectors Destination
The Krugerrand never really left, but the perception among many people is that production of the coin had ceased.
The Krugerrand was unable to make a comeback, even after sanctions against the import of the coin were lifted by most countries during 1992.
What is not well known to many bullion traders and coin collectors is that the Krugerrand was continuously struck during the years in which it was banned by the United States and other countries.
www.collectors.com /articles/article_view.chtml?artid=1641&universeid=273&type=1   (830 words)

  
 Krugerrand Gold Coins
The front features the coin's namesake, Paul Krugerrand while the reverse is a Springbok, the national animal of South Africa.
Krugerrands were the first gold coins to contain exactly one ounce of fine gold.
Every one ounce Krugerrand gold coin is made of a long-lasting 22 carat alloy, an exact amount of pure gold, plus a little bit of copper for durability to reduce wear and scratches.
austincoins.com /krugerrands.htm   (339 words)

  
 What is a Krugerrand?
Defining a Krugerrand is fairly straightforward, but understanding its significance may require a crash course in world economics and international politics.
A Krugerrand is a gold coin minted by the Republic of South Africa, but it would never be used to buy groceries or gas.
The Krugerrand was first minted at a time when fl workers in the diamond and gold mines were treated very poorly, although racial conditions in South Africa have improved in recent years.
www.wisegeek.com /what-is-a-krugerrand.htm   (598 words)

  
 The Return of the Krugerrand   (Site not responding. Last check: )
The Krugerrand was first introduced in 1967 as a practical way to own gold.
The Krugerrand was unable to make a comeback, even after sanctions against the import of the coin were lifted by most countries during 1992.
What is not well known to many bullion traders and coin collectors is that the Krugerrand was continuously struck during the years in which it was banned by the United States and other countries.
www.pcgs.com /articles/article1641.chtml   (812 words)

  
 Current Products Krugerrand
The chosen vehicle to drive this demand, and developed by the Chamber of Mines of South Africa, the world’s first ounce-denominated gold coin, the Krugerrand, was struck at the South African Mint on the 3 July 1967.
In 1980 the fractional Krugerrands (½ oz, ¼ oz and 1/10 oz) were added to the 1 oz Krugerrand to assist the smaller buyer to obtain gold at an affordable price.
The name Krugerrand was derived from KRUGER (President Paul Kruger) and RAND the monetary unit of South Africa.
www.samint.co.za /CollectorCoins/CurrentProducts/Krugerrand.asp   (424 words)

  
 News | TimesDaily.com | TimesDaily | Florence, AL   (Site not responding. Last check: )
The Krugerrand was the first bullion coin to be tenderable at the market value of its face gold content; by contrast, earlier gold coins such as the gold sovereign had a tender value in currency engraved on their face, which could be completely divorced from their market value.
Since the Krugerrand is minted from gold alloy that is 91.67 percent pure (22 karats), the actual weight of a "one ounce" coin is 1.0909 ounces (33.93 g).
The reverse depicts a springbok antelope, one of the national symbols of South Africa that was designed by George Kruger Gray and used on the reverse of the earlier 5 shilling South African coinage for King George VI and Queen Elizabeth II.
www.timesdaily.com /apps/pbcs.dll/section?category=NEWS&template=wiki&text=Krugerrand   (522 words)

  
 South African Gold Krugerrands / Krugerands
Gold Krugerrands were the first gold bullion coins produced in exact 1-ounce size, and sold for simply the spot gold price and a slight mark-up to cover manufacture and distribution.
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.
The South African Krugerrands made gold ownership simple by providing a one troy ounce unit of gold that was easy to buy and sell all over the world.
onlygold.com /Coins/SouthAfricanKrugerrandsFullScreen.asp   (674 words)

  
 coins numismatics precious metals South African Krugerrand
The Krugerrand is also one of the most liquid gold coins with over 46 million ounces in circulation since its inception in 1967.
Krugerrands are legal tender coins in their country of origin, minted in substantial quantities and traded worldwide.
Because the Krugerrand comes in four different sizes, it is easy to add to your investment whenever you choose, depending on your budget.
www.webtek.com /daranyi/krug.htm   (201 words)

  
 South African Krugerrand Gold Coins
The Krugerrand from South Africa, first minted in 1967, was the first gold coin to contain precisely one ounce of fine gold and intended as created to provide a vehicle for the private ownership of gold.
By bestowing legal tender status upon the coin, Krugerrands could be owned by citizens of the United States, who at that time were prohibited private ownership of bullion, but allowed ownership of foreign coins.
The success of the Krugerrand led to other gold producing nations minting their own bullion coins, including the Canadian Maple Leaf in 1979 and the American Eagle in 1986.
www.nwtmintbullion.com /gold_krugerrand.php   (273 words)

  
 GovMint.com - Krugerrands from South Africa
The Krugerrand is somewhat unique in that it is a legal-tender coin issued without a monetary face value.
While regular-issue Krugerrands are struck in large quantities for worldwide distribution each year, only a limited number are struck in stunning Proof condition.
The name Krugerrand was derived from “Kruger”; (President Paul Kruger) and “Rand,”; the monetary unit of South Africa and nickname for the gold-producing Witwatersrand Mountains.
www.govmint.com /knowledgebase/GoldKrugerrandsSouthAfrica.aspx   (963 words)

  
 1967 Coin of the Year   (Site not responding. Last check: )
We see many mis-spellings of the word krugerrand, but its name is derived from Paul Kruger, the first president of the Republic of South Africa whose head appears on the coins, and the word rand which is the main South African unit of currency.
For the first thirteen years of their existence a krugerrand meant a one ounce gold coin, most dealers treat the word krugerrand as having its original meaning of the original one ounce krugerrand.
Sosme people erroneously think that a krugerrand weighs one ounce, but it actually weights one and an eleventh ounces, the extra eleventh of an ounce is copper.
www.coinoftheyear.com /1967.html   (387 words)

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