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Home >> Why Own South African One Ounce Gold Krugerrands?

Author: Gold Why Webmaster
Updated: September, 2011
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South African 1 Ounce Krugerrands  
©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.

Want to learn more? Check out pictures of my personal Half Ounce Krugerrand. This is the gold Krugerrand that I carry around with me in my briefcase each and every day for good luck. I also highlight my half ounce Krugerrand in my new Gold Why video. Make sure to check out my Half Ounce Krugerrand Video. Like what you see? Check out additional Pictures of Krugerrands. These Krugerrand Pictures feature 1 ounce Krugerrands from 1975, 1981, 1982, and 1983.

Buy Gold Krugerrands on eBay

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