Can we get anymore excited by the thought of gold? Of course! Gold is something that’s been traded for thousands and thousands of years. So if you want to make sure that you have a part of your portfolio that will always be there for you, it’s got to be gold. Gold is something that’s only getting more and more valuable, not less and less valuable. So no matter what you’re trying to achieve with your investing plans, adding a gold and precious metals plan is really the best way to go. It’s just a matter of figuring out what you really want to do.
Mind if we make a few suggestions? If you’re looking for a good gold coin that gets attention, you really can’t go wrong with investing in Gold Krugerrand coins.
Curious about these coins? We figured you would be — check them out.
You see, production on these fine bullion coins started in 1967. This is interesting because for many years, gold bullion ownership was outlawed except for coins that had collectible value.
South Africa produced these coins and they are still in production to this day. The coins have a legal tender with a face value, but this was only to allow citizens of other countries the power to buy the coins. Many countries outlaw the purchase of bullion coins unless they can actually be used as legal tender.
At the beginning, there was really only one size gold Krugerrand to deal with — the 1 ounce coin. Keep in mind that when we talk about sizes in the world of gold, it is always done by the troy ounce.
The problem with the 1 oz size is that it’s going to be pretty expensive. This means that if you are a new investor with a smaller capital investment to spend, you won’t be able to get too much into gold Krugerrands. Thankfully other sizes were minted to appeal to investors that were in that situation — you can go with 1/10 ounce gold Krugerrands (often shortened to just “Krugs” or “Krugers”) and work your way up to owning the 1 ounce variety.
We like gold Krugs over gold bars, because they are so much easier to transport and store as well as buy and sell. It gets to a point where you might not find as many dealers that will work in terms of gold bars anymore. Gold bullion is much more preferred.
There is a collectible version of the Krugerrand — the “proof” variety. These are very high end coins that have a higher premium than normal bullion Krugerrand coins do. So it’s very important that you take care of them in order to preserve their collectability. You should always have an enclosure for a proof Kruggerand or any other proof coin.
As you might expect — the twin worlds of collecting and investing tend to run hand in hand when it comes to precious metals trading. Will you get started? There’s really only one way to find out what’s waiting for you — dive in today!

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