South African Gold |
South African Gold Coin |
South African Republic Pond Gold Coin - Boer Republic of the Transvaal Gold 1 Pond Coin, 1898
Obverse: Bearded bust of Paul Kruger as President of the South African Republic left.
Legend: ZUID AFRIK. REPUBLIEK
Reverse: Eagle perched on round coat-of-arms within foliagee, six flags in background, inscribed banner and rose below.
Banner Inscription: EENDRAGT MAAKT MAAKT ("Unity makes strength")
Legend: 1 POND * 1898 *
Reference: KM-10.2.
Mintage: 137,000 pcs
Weight: 7.96 gram of Gold (.916) - 0.2352 oz. AGW
Diameter: 22 mm
Invest in Gold
Anyone who wants to invest in gold now has more options than ever before. Our gold buying resources and customer reviews are available to help investors locate reputable gold dealers and find the best investment options.
Originally, the South African Krugerrand was one of the few options available to individuals who wanted to invest in gold; then other nations started creating gold bullion, gold bars, gold coins.
Individuals aren’t the only group investing in gold today. Foreign countries, including Russia and China, have contributed to the recent spike in gold prices as they increase their gold reserves and drive up demand. These countries have publicly announced their desire to cash in on the returns delivered by precious metals.
Five years ago, gold was trading at just above $500 an ounce. Today, the value of that same ounce has tripled. The world gold market continues to set recording-breaking prices. This hot market is attracting a lot of investors who want to purchase gold to enjoy fast returns or create more profitable and stable financial portfolios. There are three basic ways for consumers to invest in gold. They include purchasing the following:
Physical gold in the form of coins or bullion: In addition to purchasing gold coins and fractionals, investors can find rare coins and proofs that have the potential to deliver higher returns. Purchasing physical gold is the best place for first-time investors to start.
Gold futures in the commodities market: This type of speculative gold buying is typically performed by registered futures brokers that give buyers a greater level of security.
Gold-backed securities or Exchange Traded Funds (ETFs): ETFs are one of the newest ways to buy gold without owning it. Buyers working with gold investment firms can purchase virtual shares that represent large amounts of certified gold. Gold ETF purchases are subject to a one percent commission plus capital gains tax.
Our website includes resources and reviews to help consumers invest in gold safely and securely. Each method for investing in gold has benefits and drawbacks, so it’s a good idea to conduct research and thoroughly assess each investment option.
The best time to invest in gold is now. Sure, buying two years ago when gold dealers were still selling at less than $1,000 per ounce would have been better, but opportunity doesn’t wait. The time for buying gold is when you have some cash to invest. Putting money into stocks, bonds or other paper assets just doesn’t make sense. People have learned that the hard way as these instruments have suffered badly during the recent financial crisis. The smart money is buying gold, including the world’s wealthiest individuals and nations alike.
There are three basic ways to invest in gold:
Physical gold, as in coins or bullion
Gold futures on the commodities market
Gold Exchange Traded Funds (Gold ETF)
Before making any moves, it’s a good idea to do some directed research to become informed about what’s available and what’s best for you. Gold dealers can be found both offline and online, and it’s important to find a reliable company with whom to deal. Due diligence can be easily accomplished with focused online investigation.