People have held gold in high regard ever since it was first discovered, and this exclusive yellow metal remains one of the most popular investments in the world. The primary reason for this is that it is one of the rarest metals on earth. Krugerrands are particularly fashionable as they bring a sense of status to their owners. Apart from offering bragging rights to their owners, Krugerrands also provide a sound investment opportunity.

Gold is widely believed to be a good investment and, if managed correctly, will give you the chance to reap impressive financial rewards. Krugerrands are highly sought after because they are valued at the price of the gold which they contain. If the gold price rises, so does the value of the coin. For example, if you purchase a full Krugerrand containing one troy ounce of 22 carat gold, when it is valued at £581.00, and sell it when it is valued at £600.00, you will have made a considerable profit.

The Krugerrand makes it possible for private investors to purchase gold in smaller and more affordable quantities than previously possible. Before the first minting of Krugerrands in 1967, gold was only available in large brick form which was too expensive for many private investors to own.

Other small types of gold investment, such as jewellery, may be more aesthetically pleasing than a bullion coin but do not contain as high a percentage of gold. In its purest form, gold is very malleable and prone to becoming scratched. Jewellery is often made from a gold alloy containing more durable metals and only 12, 16 or 18 carat gold. This is because jewellery is intended to be worn and must look immaculate at all times. Krugerrands on the other hand are made of 22 carat gold and only contain a small amount of copper for increased durability. Jewellery might look impressive, but its value does not compare to that of a Krugerrand.

The relatively small size of a Krugerrand also makes it the most liquid form of gold investment. There are many coin dealers, such as Scoinshop, who buy and sell Krugerrands on a regular basis and are willing to ship them to anywhere in the world. Because Krugerrands are considered legal tender, they are also exempt from import taxes, duties and VAT.

Speak to a trusted coin dealer like Scoinshop about purchasing Krugerrands. Coin experts are able to assist you and explain the different types of Krugerrands available. They can help you choose whether bullion and Proof Krugerrands are best for your investment portfolio and whether it is wise to invest in a full Krugerrand or one of its smaller denominations.

If you are a keen investor, you will already know that it is important to keep an eye on the performance of your investments. The same is true of gold and Krugerrands. The value of gold is primarily listed as price-per-ounce, which is convenient for Krugerrand owners because the coin’s value can easily be discerned.

As with most shares, the price of gold can fluctuate, and could drop soon after you buy your Krugerrands, but rest assured that it will almost certainly rise again. Many investors see the price going down and sell their gold before it drops even more. This is usually a mistake because short-term investors tend to lose money by not sticking with their investments. The gold price might falter every now and then, but with a little patience, gold investments usually reap valuable rewards.

The popularity of Krugerrands has led to many other countries creating their own version of the gold bullion coin, including the Brittania coin which is made from UK gold. But none have reached the astounding levels of popularity of the Krugerrand.

Scoinshop specialises in buying and selling Krugerrands to gold investors and is able to ship coins all over the world. Contact Soinshop now to add Krugerrands to your investment portfolio and take advantage of their strong investment potential.