Full Krugerrand with Fractionals 1 oz 1/2 oz 1/4 oz 1/10 oz

Dear Collectors

TAKE ADVANTAGE OF OUR FAIR PRICES - A GREAT WAY TO OWN GOLD

KRUGERRAND S A GLOBAL CURRENCY

MOVE TO GOLD IN UNSTABLE MARKETS

GOLD HAS ROCKETED and THE RAND IS WEAKENING *PROTECT YOURSELF FOR THE LONG TERM

AVAILABLE - CALL TO CONFIRM PRICES AS THEY ARE BASED ON DAILY RATES

PHONE +27 (0)11 789 2233 +27 (0)11 789 2233 FOR OUR DAILY PRICES

PRICES OF GOLD AND SILVER STOCK ON REQUEST
This is due to the fluctuating commodity prices in the marketplace.


NB: REGRETFULLY WE ARE UNABLE TO RECEIVE OR MAKE PAYMENTS IN CASH FOR GOLD OR PLATINUM OR SILVER KRUGERRANDS - BANK TRANSFERS ONLY

images are generic - images strictly copyright of Randburg Coin

NOW OFFERING KRUGERRANDS AT MARKET RATES - BULLION COINS DESIGNED FOR GOLD HOLDERS

TRADED INTERNATIONALLY AS LEGAL TENDER COINS - RESILIENT AND PORTABLE

 

***see terms and conditions at the end of this page.

 

KRUGERRAND

These are bullion coins denominated in fractions of an ounce

Measurements

1oz

1/2oz

1/4oz

1/10oz


Gold Content (oz) (g)

1.000

0.500

0.250

0.100

31.103

15.552

7.776

3.110

Weight (g)

33.930

16.965

8.482

3.393

Fineness* (carat)

22

22

22

22

Diameter # (mm)

32.77

27.07

22.06

16.55

Thickness # (mm)

2.84

2.215

1.888

1.35

 

*11/12 GOLD 1/12 COPPER # MAXIMUM DIMENSIONS

KRUGERRANDS ARE ONLY MINTED IN SOUTH AFRICA - KNOWN WORLDWIDE AS A FAVOURED WAY TO OWN GOLD

THERE ARE MANY SITES ONE CAN EASILY VIEW TO PERSONALLY RESEARCH THE MARKET MOVEMENTS AND COMMENTARIES THAT WOULD GIVE YOU CURRENT INSIGHT AND INFORMATION ON KRUGERRANDS AS A GOLD CHOICE.

INFORMATION ON THE KRUGERRAND

The Krugerrand was the first gold coin to be denominated in ounces of pure gold: first year of issue was 1967, the fractionals were introduced (1/2oz, 1/4oz, or 1/10oz) in 1980. The Krugerrand can be bought from dealers and banks globally. Buying and selling Krugerrands internationally is easy. Krugerrands usually carry only a small premium (mark-up) over the value of their gold content - unlike collector or numismatic coins where the value is normally dependent on their rarity and condition.

Gold has been a store of value for thousands of years, and has been trusted by man to be a hard asset with an intrinsic value that is recognised worldwide. In some countries at certain times, the need to own gold may be overwhelming. At other times, it may be less so. Although the value of gold can go up or down, over the centuries millions of people in almost every country have benefited from owning gold at the right time.

Predicting the 'right time' has not always been easy, one needs to do thorough research and track market indicators closely. Individuals have often held gold as a form of insurance against the unexpected, or as a safety net for the preservation of their wealth. The decision should be a personal one and lies entirely in the hands of the decision maker.

INTERESTING FACTS ABOUT GOLD AND SOUTH AFRICA'S POSITION AS A GOLD PRODUCER IN GLOBAL MARKETS

THE GOLD PRICE PEAKED IN SEPTEMBER 2011 AT A HIGH OF JUST UNDER $2000 PER OUNCE.

PRODUCTION COSTS TO MINE EACH OUNCE OF GOLD KEEPS ON INCREASING AND FOR MANY MINES PRODUCTION COSTS ARE IN EXCESS OF THE CURRENT RULING GOLD PRICE

In 2012 world gold production reached 2,700 tonnes of gold *(USGS) - slightly higher than production in 2011 and marginally higher than 2,600 tonnes of gold in 2001 (previous highs). This increase masks major changes in the structure of production costs for gold mines around the world. In 2001, for 2,600 tonnes, an ounce of gold was worth $271. In this past year it was worth $1,669 (as at April 2013). For 3.8% of additional production, the price of an ounce of gold has risen 615%. Source - http://www.miningfeeds.com/ Dr. Thomas Chaize Contributing Editor. *(USGS) UNITED STATES GEOLGICAL SURVEY- is a scientific agency of the United States Government

HOW HAS SOUTH AFRICA DONE IN THE GOLD PRODUCTION RANKINGS OVER THE YEARS ?

THE EARLY YEARS 1970 - SOUTH AFRICA WAS THE NUMBER 1 PRODUCER OF WORLD GOLD SEE TABLE BELOW. IN 2013 WE NOW ONLY PRODUCE 17% OF THE WORLDS GOLD PLACING US AT 5TH POSITION SEE THE TABLE BELOW.

THE TABLE BELOW INDICATES THE ESTIMATED FIGURES PER COUNTRY AND THEIR RANKINGS OVER TIME TO DATE AS A GOLD PRODUCER.

 

RANK COUNTRY YEAR PRODUCED YEAR PRODUCED YEAR PRODUCED
1 China 1980 8 tonnes 1991 120 tonnes 2012 370 tonnes
2 Australia 1998 312 tonnes 2008 203 tonnes 2012 250 tonnes
3 U S A 1998 366 tonnes 2008 233 tonnes 2012 230 tonnes
4 Russia 1980   2008 163 tonnes 2012 205 tonnes
5 South Africa 1969/70 1000 tonnes 2007 254.7 tonnes 2012 170 tonnes
6 Peru         2012 165 tonnes
7 Canada     1998 166 tonnes 2012 102 tonnes
8 Indonesia     2006 203 tonnes 2012 95 tonnes

 

TO RESERVE


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