In this article, we’ll highlight why one might want to consider buying gold krugerrands if they’re interested in purchasing gold coins and adding to their gold bullion collection. In fact, there may be no better option than to buy gold kruggerands. In the succeeding paragraphs, we’ll make the case as to why South African gold krugerrands may be the best gold coin option available in the market.
First and foremost, South African gold krugerrands are visually appealing gold coins. They display an image of Paul Kruger on the front, or obverse of the coin, and a Springbok antelope on the reverse side. Paul Kruger was the fifth president of the South African Republic, and is one of the most revered figures in South African history. Not only are South African gold coins visually appealing, but when you buy gold krugerrands, you’re buying the highest minted gold coin worldwide, which means no matter where your travels may take you, there will be a ready and available market.
In addition to being visually appealing coins, most folks are surprised to hear that South African gold krugerrands are the highest minted gold coins in existence, with an estimated 50 million ounces of gold used in the mintage of these coins. This includes all denominations of South African gold krugerrands, including one ounce, half ounce, quarter ounce, and tenth ounce gold coins.
Since South African gold krugerrands were first minted in 1967, they had a 20 year jump on American gold eagles, so these coins are highly popular and recognized in the United States. In fact, estimates put the number of ounces of gold krugerrands minted at over 50 million ounces!
Another factor, and quite possibly the most important factor to consider when buying gold coins, is the price. South African gold coins can be purchased for less than some other options, such as American gold eagles and buffaloes, as well as most proof coins. This is an important factor to consider, especially if you’re looking to buy gold coins in bulk, as even a percentage or two difference can add up to significant savings.
In summary, when you’re buying gold krugerrands, you’re buying a gold coin that is not only the highest minted gold coin in existence, but also highly recognizable the world over, and more affordable than some other gold coin options. This is clearly one of the best options in the market if you’re interested in buying premium gold bullion.