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Accumulate More Gold Bullion for Less When You Buy Gold Krugerrands

February 7, 2012 by Glen Phillips

The purpose of this article is to outline why you might want to consider buying gold krugerrands if you're in the market to add to your gold coin or gold bullion holdings. If you're in the market to purchase gold coins, there may be no better option than to buy gold krugerrands. There are a few reasons, which we'll outline below.

The purpose of this article is to outline why you might want to consider buying gold krugerrands if you’re in the market to add to your gold coin or gold bullion holdings. If you’re in the market to purchase gold coins, there may be no better option than to buy gold krugerrands. There are a few reasons, which we’ll outline below.

First and foremost, South African gold krugerrands are visually appealing gold coins. They display an image of Paul Kruger on the front, or obverse of the coin, and a Springbok antelope on the reverse side. Paul Kruger was the fifth president of the South African Republic, and is one of the most revered figures in South African history. Not only are South African gold coins visually appealing, but when you buy gold krugerrands, you’re buying the highest minted gold coin worldwide, which means no matter where your travels may take you, there will be a ready and available market.

In addition to being visually appealing coins, most folks are surprised to hear that South African gold krugerrands are the highest minted gold coins in existence, with an estimated 50 million ounces of gold used in the mintage of these coins. This includes all denominations of South African gold krugerrands, including one ounce, half ounce, quarter ounce, and tenth ounce gold coins.

As mentioned above, when you buy gold krugerrands, you’re buying the highest minted gold coins available, which also means that these coins are highly recognizable the world over. Since the mintage of South African gold krugerrands began 20 years prior to the American gold eagle, many of these coins were purchased by U.S. citizens, which is why these coins are extremely popular in the United States.

Lastly, South African gold krugerrands can typically be purchased at a lower premium to some other gold coins, such as American gold eagles and American gold buffaloes. Considering that gold has been fluctuating in the $1,600 – $1,700 an ounce price range, even a percent or two savings per coin can add up quickly, especially if you’re in the market to buy gold coins in bulk.

In summary, when you’re buying gold krugerrands, you’re buying a gold coin that is not only the highest minted gold coin in existence, but also highly recognizable the world over, and more affordable than some other gold coin options. This is clearly one of the best options in the market if you’re interested in buying premium gold bullion.

Looking to find the best deal when you buy gold krugerrands, then visit www.atlantagoldandcoin.com to find the best advice on buying gold krugerrands for you.

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