1 Ounce Gold Krugerrand 2022

6 tips to buy Krugerrand:

1. Good choice, because scratch-resistant

Unlike many other gold coins, the Krugerrand coin is only 91.6% gold and the rest is a copper mixture. This has the advantage of making the coin more scratch resistant than others made of 99.99% gold, as gold is very soft. The South African gold coin is therefore ideally suited to still look "like new" for decades.

2. prefer 1 oz to other sizes

Unless there are good reasons, such as a desire for small denominations, not to do so, you should give preference to the 1 oz variant of the Krugerrand over the smaller ½, ¼ or 1/10 denominations.

As with all bars and coins, the minting costs turn out to be higher as a percentage of the material value - so you get less gold for your money. 

Also, when you sell the coins later, the difference between the buying and selling price is usually higher.

3. Buy Tubesize

If your budget allows it, it is recommended to buy Krugerrands in the number of pieces as they are packed in so-called tubes (= coin tubes). The advantage of this is that you can store the coins in a space-saving way and they will not get scratched.

Concretely, this means to order in these quantities:

4. Freshly minted coins from the current year's issue

If you want to get freshly minted gold coins, it is recommended to order the current vintage. This new product is usually a little bit more expensive than older vintages. 

The Krugerrand has been around since 1967 and has been minted millions of times. Due to its less scratch-prone material mixture, there are also many Krugerrand coins that have already decades "on the hump" and still look like new. 

In some cases, these pieces, which come from purchases, are offered at somewhat lower prices - a good deal for bargain hunters. 

Another advantage is that the imprinted year makes it harder to draw conclusions about when the coin was purchased: While a current vintage may have been purchased no more than 12 months ago, a 1967 Krugerrand may have been purchased sometime in the last 50 years. Some investors value this added discretion. 

With our limit order feature, you can specify a maximum price at which you are willing to buy. If the selling price falls back to this price within the period you have chosen, your limit order will be executed. Otherwise it expires. With this function you can already place an order today, if you assume that the gold price will still fall a little bit - you won't miss a low entry price in any case. 

You will find the limit order function at the top below the "Add to Cart" button. 

The prices of the Krugerrand gold coin

The Krugerrand gold coin is made of 91.6 percent fine gold. Its current price is thus based on the development of the gold price, which is determined daily on the world stock exchanges in U.S. dollars per troy ounce. This makes the bullion coin also desirable as an investment object. Because investors have the opportunity to profit from rising gold prices. At the same time, an investment in gold is a tangible asset investment that can be used to protect existing assets against the loss in value of book currencies in the long term.

Both the purchase and the sale of Krugerrand gold coins are therefore made at the current daily rate. Since the price of gold can change daily, it is important to call up the current rates before each purchase as well as before each sale and to trigger orders only afterwards.

Tip: Buy and sell Krugerrands online

Through us you can buy the Krugerrand 1 ounce gold coin and the smaller variants of 1/2, 1/4 and 1/10 troy ounce cheap online at a low price. Value added tax does not apply to gold coins in general. Meanwhile, there is even a silver variant of the Krugerrand.

If you want tosell us yourgold coins, simply place the corresponding items in the desired quantity via the sell button in the purchase basket and complete your sale. Afterwards you will receive a confirmation and all further information about shipping and payment.

The stated purchase price is only valid for as good as new items in tradable condition. Otherwise we will buy the items as scrap gold. This also applies to products that we do not have in our assortment. For more information: to the gold purchase.