Is The 1 oz Gold Krugerrand A Good Investment?

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  • @bullionaddict9164
    @bullionaddict9164 Год назад +26

    I bought my one and only 1oz
    Krugerrand for $279 back in 2001 and sold it for $400 a year or so later.
    I've been kicking at myself ever since.

    • @SovereignSaurus
      @SovereignSaurus  Год назад +7

      I bet, profit is profit though I guess you can't be too hard on yourself. All the best for 2023

  • @jadenephrite
    @jadenephrite Год назад +16

    Thank you for your video. Regarding 9:52, the Gold Krugerrand's 22 karat gold composition is known as "Crown Gold" which is 91.67% gold + 8.33% copper. Crown Gold was introduced by King Henry VIII in 1526 and still used in the minting of British Gold Sovereign coins. The traditional use of Crown Gold is the reason why British Gold Sovereigns & Gold Krugerrands have a rose gold alloy color. On the other hand, the American Gold Eagle coins are also 22 karats but their composition consists of 91.67% gold + 5.33% copper + 3% silver. The inclusion of 3% silver results in a more golden hue as compared to the rose gold hue in Krugerrands & sovereigns.

    • @SovereignSaurus
      @SovereignSaurus  Год назад +1

      Thanks for that, interesting to see the differences

    • @barendduplooy3178
      @barendduplooy3178 Год назад +2

      Krugerrands always weigh more (33+ grams), they always give you the true gold value per ounce. (28 grams) this is very unique.

  • @meteoman7958
    @meteoman7958 8 дней назад +1

    I'm intrigued by that early crown on the left. I had a relatively rare 1971 Krugerrand that I bought for CDN$300 and sold for CDN$1300. Krugerrands were out of favour at the time so I wasn't sad to see it go. As I began to change my mind, I purchased 2 flawless Krugs, a 1975 and 1979 for CDN$2400 and CDN$2100 respectively, the latter being proof-like. That will be it for Krugerrands, which now are valued at CDN$3191.

    • @SovereignSaurus
      @SovereignSaurus  4 дня назад +1

      I do like Krugs. The crowns must have been a big chunk of change back in the day

  • @glenh4971
    @glenh4971 Год назад +13

    I like the Kruggerand. Lots of people all over the world like them. In the US stacking gold is a very new phenomenon. Most people in the US have never seen a gold bullion coin so they would not be able to relate to kruggerands. This will change in the future.

    • @SovereignSaurus
      @SovereignSaurus  Год назад +1

      I think if you asked people on the street in the UK many would have heard of a Sovereign or perhaps Krugerrand but would likely not know the first thing about value or weight etc

    • @Eli-qr9hc
      @Eli-qr9hc 11 месяцев назад +2

      Years ago lots of USA citizens were aware of and buying gold coins.

    • @cophater298
      @cophater298 9 месяцев назад

      @@Eli-qr9hcthey have us where they want us now.

  • @vdm568
    @vdm568 Год назад +8

    I buy only Kruger rands. Never had a problem selling them and they store very well.

    • @SovereignSaurus
      @SovereignSaurus  Год назад +2

      Fantastic. Can't go far wrong with them. What country are you based?

    • @vdm568
      @vdm568 Год назад +3

      @@SovereignSaurus South Africa

    • @SovereignSaurus
      @SovereignSaurus  Год назад +4

      @@vdm568 Yes Krugs should be right at home there!

    • @eliothbikaba5223
      @eliothbikaba5223 13 дней назад

      I have Kruger rand 10z where can i sell t please..help

    • @vdm568
      @vdm568 13 дней назад

      ​@@eliothbikaba5223just google buy or sell gold. There are many companies but you would probably get the best price on Bob Shop private selling.

  • @stevelauda5435
    @stevelauda5435 Год назад +1

    very well informed thanx.

  • @Grudeman408
    @Grudeman408 Месяц назад

    My next ounce will be either a krug or a buffalo, there is something about Krugerrands and the colour that i just love.

  • @cannonball9478
    @cannonball9478 Год назад +1

    Thanks v much for the run down

  • @jamiefrost2091
    @jamiefrost2091 Год назад +3

    Haven’t got one but I’ve got a few silver ones( quite nice and not milky 👌) “uncle Paul” kind of reminds me of the old head sovereigns! They were kicking around at the same period!!!

    • @SovereignSaurus
      @SovereignSaurus  Год назад

      Yeah I can see that... Whilst it's not exactly a resemblance it's kind of similar

  • @GR19611
    @GR19611 Год назад +5

    The Krugerrand has grown on me , especially in perfect condition. Checking my LCS wed site last week and spotted the gold Pond for sale and thought it was interesting as i have not seen one before . Went to buy it only to find it had sold . Contacted the dealer to see if he had more . He said the coin was only on the site for approx 4.5 minutes before it was snapped up and unlikely to get more in near future .

    • @SovereignSaurus
      @SovereignSaurus  Год назад

      I've seen a few trade in the UK but often go quickly with a sizeable premium in nice condition. I'd probably pick one up out of interest if I were in the right place at the right time

  • @randychuck1
    @randychuck1 Год назад +3

    Been an Ozzy. I've started stacking mainly gold kangaroo's and EMUs. I have one of all the others apart from the Philharmonia

    • @SovereignSaurus
      @SovereignSaurus  Год назад

      Cool. You've got some great options from the Perth Mint, would you have to pay GST on a Krugerrand like sovereigns?

  • @user-on3ns8qx4d
    @user-on3ns8qx4d Месяц назад

    The ping is beautiful.

  • @88amona
    @88amona Год назад +5

    Krugrrands have grown on me. Awesome way to stack in weight.

    • @SovereignSaurus
      @SovereignSaurus  Год назад +1

      Yes me too I'm not sure why but I'd be happy with a handful of those

  • @drbones3rd
    @drbones3rd Год назад +2

    Love that dragon coin!! very cool..

    • @SovereignSaurus
      @SovereignSaurus  Год назад

      Thanks I've got a couple of friends for it which will be on a video soon 👍🏼

  • @brownjessea1
    @brownjessea1 10 часов назад

    Over $10K sitting there in those 4 coins now. I just got a Krugerrand myself.

  • @fin59shaw
    @fin59shaw Год назад +2

    I want a Gold Krugerrand, but I did order a Silver one, I want more Silver!

    • @SovereignSaurus
      @SovereignSaurus  Год назад +2

      They are stunning in gold. I think a great option for 1 Oz.

  • @joakimlundgren7043
    @joakimlundgren7043 7 месяцев назад +1

    I knew a guy who didn´t know anything about gold, he bought some krugerrands & suddenly the price just went north like a rocket. He said it felt unreal.

    • @SovereignSaurus
      @SovereignSaurus  7 месяцев назад

      Tell him to buy some more and do it again 😁

  • @silak204
    @silak204 3 месяца назад +1

    Krugerrand is a really cool coin, love it

  • @abrahambankhead359
    @abrahambankhead359 Месяц назад +1

    I will buy some of these Krugerrands and some Canadian gold maple leaf both one ounce soon.

  • @CashAndCoinsYT
    @CashAndCoinsYT Год назад +3

    If you know gold you know the Krugerrand. You can only be first once. I wonder will they make a .999 or a .9999 gold Kurgerrand? I really like these coins. Thank you for the shout out. Enjoyed the video.

    • @dleetr
      @dleetr Год назад +2

      SA Mint has release a 9999 bullion priced gold coin in 22; with the big five series. The first of which being the stunning elephant. From the proof series I don't like any of the other four designs though, sadly. And one imagines that the proof design will continue to inform the bullion designs.(just flipped 180 degrees).

    • @dleetr
      @dleetr Год назад +2

      I think I prefer the Krug itself staying a durable coin. The Australian government just needs to be convinced to allow Krugs, sovs and Eagles as tax free status low premium money.

    • @CashAndCoinsYT
      @CashAndCoinsYT Год назад +1

      @@dleetr Yes they are bullion coins after all.

    • @CashAndCoinsYT
      @CashAndCoinsYT Год назад +1

      @@dleetr I'll take a look at it. thank you.

    • @SovereignSaurus
      @SovereignSaurus  Год назад

      I've seen a few other coins like dleetr mentions although haven't seen them in the flesh

  • @dleetr
    @dleetr Год назад +2

    This talk of sizes based off of the Troy ounce, rather than the traditional and varied weights which national gold coins came in. Was it the South African Krug which founded the one Troy ounce half, quarter and tenth standard. I can look it up I suppose. But I'll put the question here anyway. If so it makes the Krug even more important to the history of the stacking world.

  • @dalzcoins7528
    @dalzcoins7528 10 месяцев назад +1

    Wow very nice coins ❤❤❤🙏

  • @omabdulgani
    @omabdulgani Год назад +5

    I've got a South Africa, Krugerrand, 1976, 1.0 oz Gold coin. Perfect condition. What sort of price would I get for that? £1,500? And where should I sell it for the best price?

    • @SovereignSaurus
      @SovereignSaurus  Год назад +1

      You should be able to get around spot price from most dealers. Try here or search for Atkinson's Bullion and go to their 'Sell to us' page.
      atkinsonsbullion.com/sell-to-us/gold/gold-coins/1oz-gold-coins/pre-owned-south-african-krugerrand-1oz-gold-coin-mixed-dates

    • @omabdulgani
      @omabdulgani Год назад

      @@SovereignSaurus Many thanks. Do you think £1,500 is a good price?

    • @SovereignSaurus
      @SovereignSaurus  Год назад +2

      @@omabdulgani If current spot is £1600 I wouldn't sell at that.

    • @josiahargueta9389
      @josiahargueta9389 Год назад +1

      I have a 1978 coin how do I know it’s real?
      How much is it worth today in usd?

    • @jaym4697
      @jaym4697 2 месяца назад

      Don't sell it bro, they will be worth a small fortune one day. They ain't making more that's for sure

  • @alchimusfifrelin8173
    @alchimusfifrelin8173 5 дней назад

    Les Krugerands en argent que vous montrez sont magnifiques, je suppose que ce sont des "deux onces". Peu-on en trouver dans le commerce actuellement ? Merci.

  • @jamiefrost2091
    @jamiefrost2091 Год назад +5

    I had to laugh, 1967 is my birth year!!! After you mentioned the period after the war, I now realize that I’m no spring chicken anymore 🎉🎉🎉🎉HNY. J

  • @saxonstacker1078
    @saxonstacker1078 4 месяца назад +1

    In the UK, Kruggerands are more expensive than Britannias, 22 caret instead of 24, plus it's not exempt from capital gains tax. Plus there's no security features like the modern Britannia (Post 2021), annnnd, who prefers copper hues over yellow ones? Not me in the 1oz size. If you want fractionals, buy Sovereigns.

    • @SovereignSaurus
      @SovereignSaurus  4 месяца назад

      Interesting, where have you seen Krugerrands more expensive than Brits in the UK? Never known that to be the case

  • @monkedisciple3276
    @monkedisciple3276 Год назад +1

    Not gold related, but could you please tell me what are the silver coins in the video?

    • @SovereignSaurus
      @SovereignSaurus  Год назад

      There was a mix of South African and British Crowns, some old US dollars and Canadian dollars

    • @SovereignSaurus
      @SovereignSaurus  Год назад

      Some of them feature in this video
      m.ruclips.net/video/KdpGFOn1Jqc/видео.html&pp=ygUfU292ZXJlaWduIHNhdXJ1cyBkb2xsYXJzIGNyb3ducw%3D%3D

  • @bonganjabulo9142
    @bonganjabulo9142 Год назад +2

    Hi, i would like to know where you can sell kruger coins with good deal if you have them. .?
    Thank you

    • @SovereignSaurus
      @SovereignSaurus  Год назад +1

      I don't personally sell as a dealer but try HGM, Atkinson's or BBP perhaps if you're looking online.

  • @AustrianStacker
    @AustrianStacker Год назад +3

    You lose a lot of potential buyers if you buy 22k coins. Jewelers etc here just buy 24k gold. I don’t want to lose this opportunity. I hope that I never have to sell my gold stack but in case I have to… Happy New Year! 🍀

    • @SovereignSaurus
      @SovereignSaurus  Год назад +1

      That's a good point. there seems to be no shortage of 22ct buyers in the UK but got to consider your exit strategy like you say

    • @AustrianStacker
      @AustrianStacker Год назад +1

      @@SovereignSaurus I forgot to use the English „ct“. 😆

    • @Lwedg
      @Lwedg Год назад +5

      Here in Germany the Krügerrand is very popular. Number 1 coin. second Place is Maple Leaf. But Krügerrand is absolute best known.
      In newspaper is the Krügerrand price written in when you check financial page.

    • @AustrianStacker
      @AustrianStacker Год назад

      @@Lwedg You’re talking about a completely different thing. Buying a coin and selling a coin are different things. Jewelers don’t buy Krugerrands. Therefor e a Krugerrand can never be as liquid as 24ct coins. You lose hundreds of potential buyers. Also the Krugerrand is not the #1 coin in Germany, bullion maybe. The most liquid coin is the 20 Marks coin with a mintage of more than 120 million. The sales statistics published in newspapers and magazines are misleading. They include the 90% of the bullion bought by big investors, funds, banks etc. These statistics do never reflect what tiny investors like us are really buying.

    • @SovereignSaurus
      @SovereignSaurus  Год назад +1

      @@Lwedg Cool thanks for sharing, very interesting to know

  • @MegaCbcbcb
    @MegaCbcbcb 10 месяцев назад +2

    Would of bought one but in Canada they got a 13% VAT tax

    • @SovereignSaurus
      @SovereignSaurus  10 месяцев назад

      Yeah at least you've plenty of 9999 options like the Maple 👌🏽

  • @properjob2311
    @properjob2311 7 месяцев назад +1

    UK capital gains tax personal allowance is heading towards zero - so it definitely might be something to consider moving forward.

    • @SovereignSaurus
      @SovereignSaurus  7 месяцев назад +1

      Yes the allowances haven't really been much of a help for years and unfortunately they're going the wrong way

  • @shauncorless8965
    @shauncorless8965 Год назад +3

    There's just something about them ,,been stacking them for a while ,Half's and quarter,s ,,moving onto Rand's now ,,but the pounds are well overpriced 🤔

    • @SovereignSaurus
      @SovereignSaurus  Год назад

      Yes I have seen them trade with significant premiums compared to a Krug

  • @xxnkalafeng
    @xxnkalafeng 10 месяцев назад +1

    How do I start investing in them? I'm only a student and I want to start now

    • @SovereignSaurus
      @SovereignSaurus  10 месяцев назад

      Essentially put money aside until you have enough to buy. Consider what sort of budget you have and what kind of goals. I'd recommend starting below your means and scaling up over time rather than going big too soon and spreading yourself thin.

  • @youmustmonthebiff
    @youmustmonthebiff Год назад +2

    It could be argued that good isn’t a good investment full stop.

    • @SovereignSaurus
      @SovereignSaurus  Год назад +3

      Yes agreed. I class my gold as part of the long term savings but not really in my investment pot

  • @CBUCK1994
    @CBUCK1994 11 месяцев назад +1

    when it comes to gold i only buy krugerands when it comes to silver i have a variety of bars and coins

    • @SovereignSaurus
      @SovereignSaurus  11 месяцев назад

      Cool. Got to be one of the most widely known bullion coins and also low premium too what's not to like?

    • @CBUCK1994
      @CBUCK1994 11 месяцев назад

      @@SovereignSaurus exactly plus hard to fake that color they have

  • @alexanderjackson1937
    @alexanderjackson1937 Год назад +2

    I have 2, is now a good time to sell?

    • @SovereignSaurus
      @SovereignSaurus  Год назад

      It depends... Profit is profit but it depends what your plan is?

  • @transientstacker4310
    @transientstacker4310 Год назад +4

    Lethal Weapon 2

    • @SovereignSaurus
      @SovereignSaurus  Год назад

      That's it 👌🏽

    • @NGRevenant
      @NGRevenant Год назад

      the father in the book version of The Road finds a stash of krugs too

  • @albertboulderwardthe3rd590
    @albertboulderwardthe3rd590 Год назад +2

    Anyone stacking gold who is worried about the premium on different coins might as well buy 1oz best value gold bars instead.

    • @SovereignSaurus
      @SovereignSaurus  Год назад +2

      Maybe in some countries yes. For UK the 'legal tender' coins are CGT exempt currently so would be a sensible choice if price is similar

  • @barendduplooy3178
    @barendduplooy3178 Год назад +4

    I am from South Africa, I can help you with a bit more true info.

    • @bonganjabulo9142
      @bonganjabulo9142 Год назад +1

      I need your help help i want to sell my coins I'm from South africa as well

    • @SovereignSaurus
      @SovereignSaurus  Год назад +1

      Thanks always welcome some feedback

  • @SamuelAClarke
    @SamuelAClarke Год назад +2

    I clicked on this video just to leave a comment..
    GOLD IS NOT AN INVESTMENT!! Gold is MOMEY! it's the ONLY place to put excess currency to SAVE! Change your thinking! I'm not watching the video cause of the video description.

    • @SovereignSaurus
      @SovereignSaurus  Год назад +1

      Thanks for dropping by. Always interested to hear an opposing view although for me gold is part of my long term savings pot rather than my investment pot like I mention in some of my videos , sounds like we're on the same page 👍🏼

  • @nedstarkravingmad1799
    @nedstarkravingmad1799 Год назад +2

    No gold is bad.

  • @tonybonesLD
    @tonybonesLD Год назад +1

    Buffalo is #1

  • @teddybear1829
    @teddybear1829 Год назад +2

    I feel anything with lees gold content is a con

    • @dvvaughn564
      @dvvaughn564 Год назад +1

      american gold eagles are 22k as well are they a con?

    • @teddybear1829
      @teddybear1829 Год назад +1

      @@dvvaughn564 if I’m buying gold I want gold… if the masses want to fool their selfs into buying lower quality that’s fine

    • @dvvaughn564
      @dvvaughn564 Год назад +3

      @@teddybear1829 technically if you think about it one oz of gold plus the copper content makes the 22k gold coins have more value in metals.
      just because the coin has copper added does not devalue the coin what so ever.
      its your personal preference.

    • @SovereignSaurus
      @SovereignSaurus  Год назад +1

      Yeah some people don't like the fact that they're not pure. If I'm getting the gold that I'm buying eg 1 Troy Oz in a well recognised coin that I can trade easily in my area, I'm pretty happy

  • @mklaassens
    @mklaassens Год назад +8

    I like this coin. No Queen on it, authentic, well recognized.

    • @SovereignSaurus
      @SovereignSaurus  Год назад +2

      Yeah a point I didn't really consider but no Queenie is appealing to some. I suppose generally when I'm looking at coins I focus on the reverse most often.

    • @tube56t53
      @tube56t53 Год назад

      It looks ugly as fk, looks like copper than gold

  • @tridentstacking
    @tridentstacking Год назад +1

    Gold Krugs, love em...silver krugs no bueno they milk something awefull.
    Always wondered a Brit's opinion of a Commonwealth Country leaving her Majesty Queen Elizabeth II completely out of the design.

    • @SovereignSaurus
      @SovereignSaurus  Год назад

      Interesting point I personally don't care either way who's on the coins I think it's nice for the Krugs to have something different. I've some silver coinage that does have George on from back in the day. I'm sure some have young Liz on there too 🤔
      Losing track of all your names 🤣 All the best for the New year my friend

  • @josiahargueta9389
    @josiahargueta9389 Год назад +3

    I have a 1978 coin how do I know it’s real?
    How much is it worth today in usd?

    • @SovereignSaurus
      @SovereignSaurus  Год назад

      Around spot price $1957.
      You can test the basic weight and dimensions, the biggest thing would be to look very carefully and compare to a known genuine one (or photos of one) You can also test using Sigma verifier or XRF machines if you've access to those

  • @201hastings
    @201hastings 8 месяцев назад +1

    I like krugerrands because it makes me feel like a Bond villain

  • @josiahargueta9389
    @josiahargueta9389 Год назад +1

    I have a 1973 how are much is this worth today?

    • @SovereignSaurus
      @SovereignSaurus  Год назад

      You should normally be able to get today's spot price so $1957 or so