Sep 2, 2018 #5 The South African Gold Coin Exchange & The Scoin Shop has allowed South Africans the opportunity to own unique modern numismatics, Krugerrands bullion and proofs, and ZARs for over 45 years. Sign In Help. Krugerrand 1/10oz WE SELL @ R3,355 WE BUYBACK @ R2,855 The Krugerrand is South Africa’s flagship coin. Ghana. The whole system almost seemed credible... Now. One Ounce Krugerrand Weight 33.930g Gold content 1.0oz or 31.103 grams. Also 1 ounce Platinum.Mail me at … ZARP - I read your blog regularly, good to see you back, Amount in Rands to be paid for SAB shares. Thanks. 2020 | BIG 5 RHINO R 795 - 2020 - Big 5 Rhino Brilliant Uncirculated 1oz Silver Ag 999. Didn't care much for the tin foil hat anyway, you were entertaining, and your bear predictions came true. I have farmer friends in Zimbabwe and if it wasent for their gold holdings!!! Buy Krugerrands – The Easiest Way to Protect Against Currency Fluctuations. The obverse side of the coin, designed by Otto Schultz, depicts a bust of Paul Kruger, the last president of the Republic of South Africa. My 1c worth - it's a matter of diversification - as they say: some shares, some cash, some fixed property, some Kr'Rands, etc. . heh :-) nuff said! Gold in 10g,50g and 100g Bars.Silver in 1kg Bars.Reserve bank quality. 1/10 ounce Krugerrand; ¼ ounce Krugerrand; ½ ounce Krugerrand; 1 ounce Krugerrand; Krugerrands a recognized as legal tender by the SA Reserve Bank and therefore is not subject to VAT. So if you can cash out at R35,000, it’s an amazing return. Krugerrands and gold have appreciated in value on average 15 – 20% per annum. ISA Gold makes it possible for you to buy Krugerrands the easiest way. The cracks are showing - (continued as a seperate thread on forum), Amount in Rands to be paid for SAB shares. Also 1 ounce Platinum.Mail me at. With the market leaders, since $300 an oz. XAU to over US$2k, that story has been around since they first pulled the stuff out of the ground. SELL: The net amount you will pay including commission btc. Post … Buy 1/10 oz Krugerrand Bullion Gold Coins with The South African Gold Coin Exchange & The Scoin Shop and Get The Best Price. Simon, the reason equities and property have been the best performing asset classes over our lifetimes is because the nature of money changed forever in 1973. Beyond this, our specialty is buying and selling Krugerrands.. Krugerrands were created as a way for the public to own gold bullion, and their value is directly linked to the Dollar Gold Price.This makes buying Krugerrands ideal for aspiring investors interested in entering the gold coin market. Kwagga: I no longer wear the 'Tin-foil' hat.Brazen can confirm.Go well. Anyone know where the best place is to buy Krugerrands? The Kruger Rands are minted from gold alloy that is 91.67 percent pure (22 karats). Last on the list. Gold has been the worst preforming asset for the last 25 years, I don't understand why it will change? Shop online at fixed prices or bid on auctions. Yet there are articles out there suggesting XAU to go over USD2k in the next 12 to 36 months? Lots of places. Find standard bank for sale on bidorbuy. During the Vietnam war, Nixon abolished the Gold Standard to stave off US bankruptcy, with no need to credibly control how wealth was translated to currency, he opened the way for money to be `created'. All prices are live and include VAT. It means exactly what it says.Reserve Bank 99.9% certified Bullion. The internationally acclaimed Krugerrand is the most widely held and actively … Can I buy Krugerrands through FNB Share Investing? I think it lacks ambitition, why not US$10k? The Krugerrand Specialists Mr. Cliff Johnson, the present managing director, established the Cape Gold Coin Exchange in Cape Town on the 7th August 1977. XPT daily STO, MAC-M and RSI shows neutral while XAU is overbought, and a Bloomberg article suggests a big pullback on commodities. And there's more to come. $10k for gold?? Mr. Demby, what have your clients been doing lately when they’ve looked around at this Covid-19 crisis have they wanted to buy or sell their gold. Gold Content 1.00oz 31.10g: Standard Mass 33.93g: Maximum Mass 34.00g: Minimum Mass 33.93g: Standard Fineness ... BUY: The net amount we will pay after deducting commission btc. You were running way ahead of the market. Rather buy a physical KrugerRand and surgically implant it in a well hidden area. Here are five reasons why the Krugerrand is the perfect investment for a business owner: 1. Purchasing Krugerands We accept EFT payments for Krugerrands For cash payments a 2% bank deposit fee is added No credit cards accepted Selling Krugerrands We make an immediate EFT payment We need to make a copy of your ID document You need to complete a Bill of Sale Yup ill buy too. Enquire about or browse our coins today. I'm not convinced that this is the real Zarp. Go to bidorbuy and discover online shopping at its best! but why? And will that reflect high value and confidence in the metal itself, massive buying by the banks? What implications regarding costs? Started buying kr in 2004. A former unit of South Africa’s Standard Bank based in London has agreed to pay $32.6m (£21.7m) in fines and repayments of bribes and profits following an alleged bribery scandal in Tanzania. Otherwise as you mentioned FNB Share Invest has a facility that allows you to buy and sell Krugerrands while they keep custody of your coins. The real Zarp could never write a fully understandable sentence and always posted in the early morning hours. You can buy, using a bank’s online platform. low production by the mines? Buying Gold Krugerrands is an easy and simple process. 1 Oz Krugerrand R31 161 .00 PRICES BELOW are indication prices only (in South African Rands) and fluctuate according to the GOLD price, R/$ exchange rate, at the time of trade and quantity of coins traded 08H00 (South African Time) 06/01/2021 and only valid until 12H00 . . For up to date information about the pandemic visit www.sacoronavirus.co.za. - 157171. A lot of people are cashing out. You would have made multiples of a 1m'e! And of course, an excellent switch from the Mickey Mouse Paper Rand, whilst below R8 to the $.Switch to REAL MONEY.My blog on Fin24.com>> "ZARP 2010" gives further Pics.Ciao. Mol, sure but what if you bought property or listed shares since 2004? (I know all the stories about the end of the world, inflation etc. From a contrarian point, it is a sign that the gold price will rise more as financial instability intensifies. I agree. Only time to buy gold is when closing a short . The US$ has dropped in value against every other major currency over the past few years. Visit our COVID-19 site for latest information regarding how we can support you. Ghana is located along the Gulf of Guinea and Atlantic Ocean in West Africa. The alloy of the Krugerrand was selected at 22 carat or 916.7% gold with the balance being copper, the old traditional alloy of gold coins.. Your gold, your legacy. Why not. If you think about it Krugerrands with probably R5,000 an ounce 20 years ago. Simon? The South African Krugerrand is a 22-karat gold coin weighing 1.0909 ounces (or 33.930 grams). Each coin consists of 2.826 grams of copper alloy providing increased durability, scratch resistance and unique orange-gold coloring. Its the feeling of holding real money and not to be tempted to sell on small profits like glds. If you hold an FNB transactional account and also open a share investing account - movement of funds across accounts is especially quick and simple. Buy Silver Krugerrands Silver Krugerrands are now available in a Bullion version. R 114 995 - 2020 - Krugerrand + Big 5 Leopard 2 Coin Gold set (1oz KR privy mark Proof 22ct + 1oz Proof 24ct Leopard) R 31 000 - 2020 - Big 5 Leopard Proof Platinum 1oz Pt 999.5. Simply view the various coin weights, make your selection and buy. The price is based on the Rand/USD exchange rate and Silver price. yes i am interested in buying as well email : dammit. Anyone know where the best place is to buy Krugerrands? You can buy and store your gold coins using a bank’s online platform.2. Further gold is a liability rather then an asset. R 2 100 000 3 Bedroom Townhouse Lonehill Bank Mandated Property. OR, and I think this is more to the point, will it reflect a severe LACK of value in the measuring currency? Standard Bank (including our owners, agents, consultants, employees and any affiliated person) are not responsible for any loss that results from: any technical or other problem (including interruption, malfunction, downtime or other failure) that affects this website, system or any online service or any database for any reason; The gold Krugerrand has a thickness of 2.74 mm thick, a diameter of 32.6 mm and a fineness of .9167. Ya, but you guys are all forgetting the joy of the weight of that reinforced moneybelt as you swagger around the bunker. Visit our COVID-19 site for latest information regarding how we can support you. How To Buy Gold Krugerrands? Hi Simon.And how are you these days?Yes, the Bear is Back.Getting ready for Stage 3 of the Meltdown.H2 2010....you know,the usual(heh). The company was established in 1980 and later bought Bickels Coins which was established in 1964 and incorporated it into the existing operations. Collect your krugerrands from the vendor. The Krugerrand price, being a bullion coin, is linked to the daily gold price and therefore constantly fluctuates.. FNB will sell the full range of Krugerrands, ranging from 1/10, ¼, ½, and full one ounce coins. GOLD is not an alternative asset class to anything but CASH. Made myself 1 mil since. Even just the index.. Ah well, each to their own. Why buy inferior Kruger Rands,when you can buy 99.9% Gold and Silver. Buy your krugerrands for the longer term and you wont be sorry. If you prefer to pay via Credit Card please visit our affiliate website Cybermetals.co.za . Although most of our business is trading in South African Gold Coins, namely the famous Krugerrand, we also trade all … Many investors buy gold as a safe investment when the world’s economy is going through an uncertain period. Hope you made some profit off the market blow off in 2008. Visser Expert Member. Unfortunately theres lots of commission payable buying and selling? but none of these stories are new, they been around for +25 years). see gold-eagle.com , click on tech analysis section.Simon,s comment does it! Investgold is the largest supplier of Krugerrands in South Africa, including limited editions of gold and silver bullion coins/bars. Gold in 10g,50g and 100g Bars.Silver in 1kg Bars.Reserve bank quality. We are the Largest Krugerrand Dealer in South Africa. A Kruger Rand is a South African gold coin first minted in 1967. More Information. Reactions: Whulfcastle. The world’s most popular gold coin, the Krugerrand, has obviously mirrored this increase. 100%. A minor rant, major cents. what's up out there? We sell Gold Krugerrands and all major bullion bar and coin products and you can pay by bank wire, by credit card or by debit card. Kruggerrands especially for the longer term, not a commodity to trade as with shares. Krugerrand pricing is determined on the daily trading price. The Krugerrand value is directly related to the market value of gold, and one can easily determine this value as the amount of gold each coin contains (in ounces) is written on its surface. Engage and learn about markets and trading online, ©2016 Standard Bank is a licensed financial services provider in terms of the Financial Advisory and Intermediary Services Act and a registered credit provider in terms of the National Credit Act. Krugerrands can offer a business owner the benefits of an appreciating asset over time, with the near liquidity of cash in the bank, making this investment option very attractive to a business owner who needs to navigate his options on a daily basis. Buy or sell Kruger Rands on auctions or at fixed prices. ... Funds can be deposited or withdrawn according to standard transfer/payment functionality. First National Bank - a division of FirstRand Bank Limited. One Ounce Krugerrand. Joined Apr 13, 2010 Messages 1,981. Engage and learn about markets and trading online, ©2016 Standard Bank is a licensed financial services provider in terms of the Financial Advisory and Intermediary Services Act and a registered credit provider in terms of the National Credit Act, Where can one sell Krugerrands? Read more news, blogs, tips and Q&As in our Smart Money section. You sound like a drug dealer - Reserve bank quality ? Like Dr Roffey's 'gold' tie nuh? Why buy inferior Kruger Rands,when you can buy 99.9% Gold and Silver. An Authorised Financial Services and Credit Provider 1929/001225/06 (NCRCP20). At Eastgate Stamps and Coins, we trade in a variety of gold and South African coins. The legal tender 22 carat gold Krugerrand was first produced by the South African Chamber of Mines and became available to the public in 1967. Just look on the internet. General buying information: * This is a mandated sale (Bank instructed to sell property by the current ... 3 2 546 m² For up to date information about the pandemic visit www.sacoronavirus.co.za. We do offer a two way market. You need to go to the coin shop, sign some documents and prove your identity before you can take possession of your Krugerrands. You can buy them online for Delivery or Storage using the BUY button or you can call our office to place your order over the phone. All that money found a home in the organization, equities, property and money markets. See Ronald Stroeferle from Erste Bank's interview on cnbc.com. 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