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Be very careful. There are export duties that need to be paid and you can only legitimately work through a licensed dealer. Tanzania is now Africa's third largest producer of gold, and they have laws to protect their supplies. If you put large amounts of gold in your luggage and attempt to smuggle it out, it will show up on the x ray and you will be had.
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The South African Gold Krugerrand was introduced in 1967 as the official bullion coin of South Africa, and became the first commemorative gold bullion coin on the market as a vehicle for private gold ownership. The coin was uncontested in the market for more than 12 years, with the Canadian Gold Maple Leaf offering the first challenge.
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SA Bullion offers an alternative to cash in the bank. We help you to invest your earnings and capital in physical gold bullion. SA Bullion also provides a dealing service for
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Buy Gold Krugerrand Coins So important is the South African Gold Krugerrand that the modern history of gold cannot be told without it. It is considered the original modern bullion coin, first issued by the South African Mint in 1967 and accounting for 90% of the global gold coin market by 1980.
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The reverse of the Krugerrand features a springbok antelope, which is the national symbol of South Africa. The year of issue is also displayed on this side. Why Are Krugerrands Valuable? Made with .9167 fine gold (22k), the Krugerrand is a universally recognized gold coin. People invest in them to diversify their portfolios and hedge against
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South African Gold Coins. For over 100 years, South African Gold Coins have been among the worlds most popular gold coins. Since issuing its first coins in 1892, South Africa has shown no sign of slowing down the production of these valuable gold items.
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The South African Gold Krugerrand is a Legal Tender coin issued by South Africa, weighing 33.93 grams, or 1.0909 troy ounces of 22 karat gold. It contains one troy ounce of pure gold along with alloy of 2.826 grams of a copper. Krugerrands have a diameter of 32.6mm, a thickness of 2.74mm, and a fineness of .9167.
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Mar 26, 20100183;32;Buying shares in gold companies is one option, as is investing in gold exchange traded funds. Recent legislation has also allowed South Africans to invest in gold bars. Two kinds of coins. An investment in gold coins has a number of advantages, says Yaseen Theba of Gold World.
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To buy gold in South Africa is just as easy as anywhere else if not easier. Actually the Gold Krugerrand was the first gold bullion coin to be produced in an exact 1 troy ounce and sold for the spot price of gold (spot price is the actual value of gold for that day as traded around the world) plus a small mark up to cover the cost of manufacture and shipping.
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Collectibles From the Mint of South Africa. Paul Kruger is the South African Mint figure represented on the Krugerrand gold bullion coin. These bullion coins, made by the government of South Africa, fetch market prices and are part of a wide selection of collectibles on the gold market.
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