1) Krugerrands are ounce-denominated gold coins - The Krugerrand is the world’s first gold bullion coin to be denominated in ounces of pure gold rather than having a face value. This ensures that they are valued at a low premium above the prevailing gold price.
2) A Krugerrand’s value is easily monitored due to the relationship it has to the prevailing gold price. - The South African Reserve Bank will repurchase the coin at its prevailing market value.
3) Krugerrands are internationally recognised and thus easily tradable - As the most widely circulated gold coin - there are more Krugerrands in circulation than all other gold coins combined – the coin is internationally recognised and hence easily tradable.
4) Krugerrands do not carry huge premiums - Krugerrands carry a small premium (mark-up) over the value of their gold content unlike collector or numismatic coins where their condition and rarity contribute greatly to their price.
5) Krugerrands are recognised legal tender - As such, they do not need to be assayed or melted on re-sale unlike many cast or minted bars.
6) Krugerrands are durable - At 22 carat, Krugerrands can be handled as currency because of their durability. They are resistant to denting and scratching unlike softer 24 carat coins and bars that need protective packaging.
7) Krugerrands are portable - Like any other bullion coin, the Krugerrand is easy to transport and store.
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THIS COIN WAS SEALED AND CERTIFIED BY THE SOUTH AFRICAN GOLD COIN EXCHANGE!!- R30 REGISTERED POST WITH TRACKING NR.
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