You are purchasing a tenth troy ounce Krugerrand. (9 available, all in capsules)
The condition of the coins: NEW, BU.
The South African Gold Krugerrand is one of the first bullion coins made for investment purposes. The 22K coins were first minted in 1967. The Gold Krugerrand was commercialized so well that in the 80s, they were 89% of all the gold bullion coin market.
Today, investors and collectors identify the coin simply as “Krugerrand”. The name comes from “Kruger”, a very popular South African president (1883-1900) and “rand”, which is the currency in Sounth Africa. The Gold Krugerrand is unique in the sense that it doesn’t have face value, as do the majority of gold bullion coins. From 1967-1979, this coin was only made in 1oz. Even though the gross weight of the coin is slightly more than one ounce, the quantity of gold is exactly one ounce, making trading easy.
This standard was replicated in other precious metal coins around the world. Since 1980 till today, the Krugerrand is minted in 1oz, 1/2oz and 1/10oz.
1/10th oz is the easiest way to make smaller gold bullion purchases.
Postage
Option 1: Speed Services, counter-to-counter, next day delivery, 1-1000 grams, R80.00. No insurance available with this option, so full liability lies with the purchaser if this option is chosen.
Option 2: RAM Curriers to major cities, next day (before 17:00), hand-to-hand delivery, 1-2000 grams, R125.00. Deliveries outside major cities and high risk areas with RAM, R250.00. Insurance is available upon request with this option at 2% of the total value of the purchase.
Option 3: Personal pickup, free of charge.