|
©iStockphoto.com – jsnover
|
The image to the left depicts a pile of one ounce 22 karat South African gold Krugerrands.
Krugerrands are
the original gold bullion investment coin and have been around forever. They are recognized
world wide as one of the most popular forms of gold ownership and definitely belong in all gold bullion
coin portfolios. If you are just starting out a gold bullion portfolio, the Krugerrand is
a great place to start.
Multiple Sizes of Krugerrands
The coins in this picture each contain 1 troy ounce of fine gold, however the Krugerrand
is also available in 1/2, 1/4, and 1/10 ounce varieties. Which sizes should you own? It's really up
to you but one great reason to own multiple sizes is because the
price of gold is around $800 per
ounce. With prices so high, it's more economical for many gold investors to purchase the smaller
coins. Over time, the smaller coins may be worth more than the larger varieties due to increasing
demand.
The Most Widespread 22 Karat Gold Coin
Each Krugerrand contains 1 ounce of fine gold and is 22 karat weight meaning the overall weight of
the coin is greater than 1 ounce due to additional alloy for strength. Gold in its pure 24 karat
form is highly susceptible to scratches and nicks and that is one reason Krugerrands are a great
vehicle to store your gold wealth. Krugerrands are able to withstand some handling without scratching
and nicking which makes it easier for you to exchange them at coin shops (whereas coin shops may need
to scrutinize 24 karat gold coins more closely due to higher probability of coin damage). The
South African Krugerrand really is the gold standard of gold bullion coin investing.
Related Gold & Silver Images
Return Home
Pile of Gold Coins
1 Kilo Silver Bullion Bars
Fractional Gold Bullion Coins
One Ounce Gold Bullion Bars
Franklin Silver Half Dollar Coins
20 Dollar St Gaudens Gold Coin
American Eagle 1 Oz Silver Coin
Large Pile of Copper Bullion Bars
Credit Suisse 1 Ounce Gold Bars
One Ounce Mexican Silver Coins
Mint Tube of Silver American Eagles
American Eagle 22 Karat Gold Coins
Canadian Maple Leaf 1 Oz Silver Coin
Canadian Maple Leaf 24 Karat Gold Coins
|
