Reasons for investing in Krugerrands
Krugerrands are a way of owning and trading in gold. Krugerrands were first minted in 1967 by the South African Mint, to enable anybody to own and trade in gold. Krugerrands are available in four different dominations making it affordable for all to participate in purchases:
- 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. Krugerrand pricing is determined on the daily trading price. Krugerrands and gold have appreciated in value on average 15 – 20% per annum. By holding Krugerrands, you have instant cash on hand that can be exchanged at many gold coin dealers and are recognized all around the world.