Kruggerrands especially for the longer term, not a commodity to trade as with shares. A Kruger Rand is a South African gold coin first minted in 1967. (I know all the stories about the end of the world, inflation etc. Rather buy a physical KrugerRand and surgically implant it in a well hidden area. Reactions: Whulfcastle. Buy or sell Kruger Rands on auctions or at fixed prices. Further gold is a liability rather then an asset. Anyone know where the best place is to buy Krugerrands? It means exactly what it says.Reserve Bank 99.9% certified Bullion. 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. You can buy, using a bank’s online platform. Buy Krugerrands – The Easiest Way to Protect Against Currency Fluctuations. Simply view the various coin weights, make your selection and buy. Gold in 10g,50g and 100g Bars.Silver in 1kg Bars.Reserve bank quality. Mol, sure but what if you bought property or listed shares since 2004? The Kruger Rands are minted from gold alloy that is 91.67 percent pure (22 karats). The world’s most popular gold coin, the Krugerrand, has obviously mirrored this increase. Shop online at fixed prices or bid on auctions. Didn't care much for the tin foil hat anyway, you were entertaining, and your bear predictions came true. 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. Why buy inferior Kruger Rands,when you can buy 99.9% Gold and Silver. 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. XAU to over US$2k, that story has been around since they first pulled the stuff out of the ground. Ghana. You would have made multiples of a 1m'e! heh :-) nuff said! Thanks. 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. You were running way ahead of the market. The cracks are showing - (continued as a seperate thread on forum), Amount in Rands to be paid for SAB shares. Sign In Help. The real Zarp could never write a fully understandable sentence and always posted in the early morning hours. OR, and I think this is more to the point, will it reflect a severe LACK of value in the measuring currency? Here are five reasons why the Krugerrand is the perfect investment for a business owner: 1. How To Buy Gold Krugerrands? One Ounce Krugerrand Weight 33.930g Gold content 1.0oz or 31.103 grams. From a contrarian point, it is a sign that the gold price will rise more as financial instability intensifies. Ya, but you guys are all forgetting the joy of the weight of that reinforced moneybelt as you swagger around the bunker. 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. Anyone know where the best place is to buy Krugerrands? Unfortunately theres lots of commission payable buying and selling? For up to date information about the pandemic visit www.sacoronavirus.co.za. Although most of our business is trading in South African Gold Coins, namely the famous Krugerrand, we also trade all … Visit our COVID-19 site for latest information regarding how we can support you. The gold Krugerrand has a thickness of 2.74 mm thick, a diameter of 32.6 mm and a fineness of .9167. And there's more to come. 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. General buying information: * This is a mandated sale (Bank instructed to sell property by the current ... 3 2 546 m² My 1c worth - it's a matter of diversification - as they say: some shares, some cash, some fixed property, some Kr'Rands, etc. Started buying kr in 2004. A minor rant, major cents. Simon? Buy 1/10 oz Krugerrand Bullion Gold Coins with The South African Gold Coin Exchange & The Scoin Shop and Get The Best Price. ISA Gold makes it possible for you to buy Krugerrands the easiest way. We are the Largest Krugerrand Dealer in South Africa. Its the feeling of holding real money and not to be tempted to sell on small profits like glds. I think it lacks ambitition, why not US$10k? I agree. Find standard bank for sale on bidorbuy. Standard Bank (including our owners, agents, consultants, employees and any affiliated person) are not responsible for any loss that results from: any technical or other problem (including interruption, malfunction, downtime or other failure) that affects this website, system or any online service or any database for any reason; ... Funds can be deposited or withdrawn according to standard transfer/payment functionality. XPT daily STO, MAC-M and RSI shows neutral while XAU is overbought, and a Bloomberg article suggests a big pullback on commodities. Engage and learn about markets and trading online, ©2016 Standard Bank is a licensed financial services provider in terms of the Financial Advisory and Intermediary Services Act and a registered credit provider in terms of the National Credit Act, Where can one sell Krugerrands? An Authorised Financial Services and Credit Provider 1929/001225/06 (NCRCP20). The company was established in 1980 and later bought Bickels Coins which was established in 1964 and incorporated it into the existing operations. 1 Oz Krugerrand R31 161 .00 PRICES BELOW are indication prices only (in South African Rands) and fluctuate according to the GOLD price, R/$ exchange rate, at the time of trade and quantity of coins traded 08H00 (South African Time) 06/01/2021 and only valid until 12H00 . Buy Silver Krugerrands Silver Krugerrands are now available in a Bullion version. See Ronald Stroeferle from Erste Bank's interview on cnbc.com. GOLD is not an alternative asset class to anything but CASH. but why? The South African Krugerrand is a 22-karat gold coin weighing 1.0909 ounces (or 33.930 grams). You can buy and store your gold coins using a bank’s online platform.2. Each coin consists of 2.826 grams of copper alloy providing increased durability, scratch resistance and unique orange-gold coloring. low production by the mines? For up to date information about the pandemic visit www.sacoronavirus.co.za. We do offer a two way market. 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. I have farmer friends in Zimbabwe and if it wasent for their gold holdings!!! yes i am interested in buying as well email : dammit. Visit our COVID-19 site for latest information regarding how we can support you. The internationally acclaimed Krugerrand is the most widely held and actively … 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'. Only time to buy gold is when closing a short . - 157171. Flintski Jewelry 1 Oz Gold Krugerrand Sterling Silver Coin Edge Coin Bezel Frame Mount Pendant 32.77MM X 2.84MM *925 Sterling Silver 1oz Gold Krugerrand Coin Edge Bezel *Bail accommodates up to a 4mm chain *Screw-Top bezel will not scratch your coin *If you are not sure if this will fit Investgold is the largest supplier of Krugerrands in South Africa, including limited editions of gold and silver bullion coins/bars. At Eastgate Stamps and Coins, we trade in a variety of gold and South African coins. Buying Gold Krugerrands is an easy and simple process. The US$ has dropped in value against every other major currency over the past few years. You need to go to the coin shop, sign some documents and prove your identity before you can take possession of your Krugerrands. 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. Your gold, your legacy. FNB will sell the full range of Krugerrands, ranging from 1/10, ¼, ½, and full one ounce coins. what's up out there? 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. Many investors buy gold as a safe investment when the world’s economy is going through an uncertain period. 2020 | BIG 5 RHINO R 795 - 2020 - Big 5 Rhino Brilliant Uncirculated 1oz Silver Ag 999. 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. 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. 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. 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 Even just the index.. Ah well, each to their own. I'm not convinced that this is the real Zarp. All prices are live and include VAT. The Krugerrand price, being a bullion coin, is linked to the daily gold price and therefore constantly fluctuates.. A lot of people are cashing out. The whole system almost seemed credible... Now. 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. Gold has been the worst preforming asset for the last 25 years, I don't understand why it will change? 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.. Krugerrands and gold have appreciated in value on average 15 – 20% per annum. 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. Kwagga: I no longer wear the 'Tin-foil' hat.Brazen can confirm.Go well. Last on the list. Hope you made some profit off the market blow off in 2008. Read more news, blogs, tips and Q&As in our Smart Money section. Krugerrand 1/10oz WE SELL @ R3,355 WE BUYBACK @ R2,855 The Krugerrand is South Africa’s flagship coin. Why not. The price is based on the Rand/USD exchange rate and Silver price. Why buy inferior Kruger Rands,when you can buy 99.9% Gold and Silver. Collect your krugerrands from the vendor. Buy your krugerrands for the longer term and you wont be sorry. If you hold an FNB transactional account and also open a share investing account - movement of funds across accounts is especially quick and simple. Go to bidorbuy and discover online shopping at its best! $10k for gold?? 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. Like Dr Roffey's 'gold' tie nuh? Also 1 ounce Platinum.Mail me at. Sep 2, 2018 #5 R 2 100 000 3 Bedroom Townhouse Lonehill Bank Mandated Property. see gold-eagle.com , click on tech analysis section.Simon,s comment does it! If you prefer to pay via Credit Card please visit our affiliate website Cybermetals.co.za . First National Bank - a division of FirstRand Bank Limited. So if you can cash out at R35,000, it’s an amazing return. 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. . All that money found a home in the organization, equities, property and money markets. The Krugerrand Specialists Mr. Cliff Johnson, the present managing director, established the Cape Gold Coin Exchange in Cape Town on the 7th August 1977. Yet there are articles out there suggesting XAU to go over USD2k in the next 12 to 36 months? 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. . What implications regarding costs? Krugerrand pricing is determined on the daily trading price. And will that reflect high value and confidence in the metal itself, massive buying by the banks? If you think about it Krugerrands with probably R5,000 an ounce 20 years ago. Enquire about or browse our coins today. 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). More Information. Gold in 10g,50g and 100g Bars.Silver in 1kg Bars.Reserve bank quality. You sound like a drug dealer - Reserve bank quality ? 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. 100%. Joined Apr 13, 2010 Messages 1,981. but none of these stories are new, they been around for +25 years). With the market leaders, since $300 an oz. Post … Lots of places. Just look on the internet. Can I buy Krugerrands through FNB Share Investing? 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