1 oz Krugerrand Gold

Price valid until 3 pm on 19 August 2019 – (Subject to change according to indicators without notice – call to confirm price)

Selling Price: R 24,375.00

Buying Price: R 23,290.00

Delivery R99.00 flat fee (max 5 coins per shipment) / Collections Free


Purity : .9167 / 22 carat

Dimensions : 32.8 mm X 2.84 mm

The Krugerrand needs very little introduction. First minted in 1967, it counted for about 90% of the total global coin market by 1980. While numerous world mints have introduced various gold bullion coins onto the market in the past couple of decades, the South African Krugerrand remains on top of the ‘gold food chain’. A gold bullion investor who does not own Krugerrands is hard to find indeed. These gold coins are legal tender and unlike other type of assets and commodities, Krugerrands are extremely liquid. Please note that since we are Krugerrand traders, we do not always have 2018 coins available and often our stock is a mixture of various years. If you want to reserve 2018 coins, please make contact with us inquire if we have available in stock.

Prices will go live at 9:00 am (daily). The second price will be set at 12:00 a.m. (daily).

Silver-sphere Trading is an Authorised Rand Refinery Purchaser

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Procedures and Steps for ordering 5 or more Krugerrands

 

Please see a step-by-step procedure outline in the table below. Please note that this applies to purchases of 5 Krugerrands or more only.

Purchaser Step 1 Request a quote for Krugerrands (5 or more) before 10:00 a.m.
Silver-sphere Step 1 Send a provisional quote for the Krugerrands requested based on the live gold spot price and the exchange rate.
Purchaser Step 2 Make payment and send proof of payment to sales@silver-sphere.co.za. Payment confirmation must be sent before 10:30 a.m. to reserve the coins.
Silver-sphere Step 2 Place order with the Rand Refinery at 11:00 a.m.
Silver-sphere Step 3

Once the price fix is published at 12:00, the final invoice is sent which reflects the final Krugerrand price as per the afternoon price fix (i.e. the change in the spot price and exchange rate between the time of the a.m. order and the final fix at 12:00).

Purchaser Step 3 If the price increased, make the necessary top-up payment, and send proof of payment. If the price decreased, Silver-sphere will refund the appropriate amount. New clients are required to submit a copy ID and proof of residence (FIC requirement).
Silver-sphere Step 4 Send out the Krugerrands via hand-to-hand couriers, fully insured upon collection from the Rand Refinery after 48 hours. We provide a tracking number to track the parcel online.