Gold Krugerrands as an Investment  

While the world seem to be mad for gold Silver has been steadily growing in worth .
Although Silver has not grown at the same rate as gold it will probably continue growing in value.
One investor tried to corner the market in silver but was eventually foiled .

by sirqitous

Mexican Gold Coins

Gold Krugerrands as an Investment  
Mexican Gold Coins

Article by Ben Harmon

In 1967, the government of South Africa minted the gold krugerrand to increase the marketing of South African gold. Although the krugerrand is considered as legal currency in South Africa, it is rarely used for that purpose. Instead, it has become a favorite of coin collectors all over the world, known as “medal coins.” This was the first coin to be valued at the monetary value of gold, or the current rate of gold prices. For example, a U.S. silver dollar is worth exactly one dollar unless it is unusual in some way that makes it more valuable to collectors. The krugerrand was originally a one-ounce piece of 22 carat gold with no monetary value imprinted on it; its value is based upon the market gold price that frequently fluctuates. Today krugerrands are made in a variety of weights, including half-ounce, quarter-ounce and one-tenth ounce.

Coin dealers and collectors often obtain krugerrands through estate sales. The price that the dealer or collector will pay depends upon the current gold market price on that particular day. For example, imagine that a family man invests in buying 100 krugerrands when the gold prices are 0 per ounce. When the man dies ten years later, the value of the krugerrands will be based upon gold prices at that time. Like any investment, buying gold krugerrands is never a “sure thing.” When the man dies, gold may be priced at 0 per ounce, meaning that the family will have lost money on the investment. However, gold prices may well be 0 per ounce, giving the family a sizeable return on the investment if they decide to sell the krugerrands. In cases like this, probate attorneys recommend that surviving heirs consult a coin dealer about the fluctuation of gold prices; knowing when to sell and when to hang on is a matter that requires professional consultation.

If you buy gold krugerrands as an investment, keep in mind that these coins are 22 carat gold; an extremely high grade in quality. Pure gold, at 24 carats, is too soft to be minted so it is “cut” with various amounts of metal to make it hard enough to mint. Novice investors often make the mistake of comparing the gold prices for jewelry items made from 18, 14, or 12 carat gold with the gold price or market value of the 22 carat krugerrand. All gold is not created equal!

The South African krugerrand was the prototype model for other one-ounce coins like the Canadian Gold Maple Leaf, the Australian Nugget, the Mexican Gold Peso, and the United States Golden Eagle. Since these coins are not as widely available as investments as the krugerrand is, they are sometimes subjects of counterfeiting. Have a coin consultant investigate the current gold price, the authenticity of the coin, and the coin’s carat weight.

About the Author

Ben Harmon has been collecting Krugerrands since his grandfather first gave him one when he was eight years old. You can read more about this fascinating coin at Gold Krugerrand Ferret, and you can even pick one up at the krugerrand auction.

Lot of 10 - 1921 50 Pesos 1.2 Ounce Mexico Libertad Gold Coins - Replica

Mexican Gold Coins - click on the image below for more information.

• MINT LOT OF TEN (10) 1921 50 PESOS 1.2 OUNCE MEXICO CENTENARIOS LIBERTAD BRILLIANT GALLERY PROOF 24 KARAT GOLD REPLICA COINS
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Mexican Gold Coins

All our replica coins, reproduction coins, or copy coins comply with the US Hobby Protection Act - 15USC-2101 regarding the sale and manufacture of reproduction coins. Unless stated as .999 silver replica coins, all gold and silver reproduction coins are plated. All our reproduction coins, replica coins, and/or copy coins are non-monetary.

Lot of 10 - 1921 50 Pesos 1.2 Ounce Mexico Libertad Gold Coins - Replica

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Fantasía Libertad 135 Silver & Gold


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Silver and Gold Libertad bullion coins from the Mexican national mint

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Mexican Gold Coins
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Mexican Gold Coins question by country girl: Please help me estimating worth of Coins...?
* (6) wheat pennies. Years are 1944, 1946, 1953, 1955, 1956 , and 1956.
* (1) 1974 canadian penny
* (2) Indian head pennies. Years are 1898 and 1905.
* (1) William Henry Harrison Presidential Dollar
* (1) "20 Centavos" 1955 mexican Coin.
* (1) "$ 100" 1984 Mexican Gold Coin
* (1) 1999 Euro
* (1) "Mob of Roo's" 1994 Australian Gold Coin (NOT THE PROOF)
* (1) 1991 "5 Pence" Coin
* (1) 1997 "$ 2" Gold Mexican Coin
* (1) 1970 "1 Fr."
* (1) 2005 "1 VI JIAO"
* (1) Canadian "25 cent" coin
* (1) 1994 "10 cent" Mexican Silver Coin
* (1) 1993 "N$ 1" Mexican Silver/Gold coin
* (1) 1776-1976 Silver Dollar
I relize details are vauge... they are all in perfect condition. I also relize I need to get them appraised in person. but I really dont know where to go.

Mexican Gold Coins best answer:

Answer by rtfm
Some of the coins you list are just worth face value (for example, the presidential dollar, or the 1999 euro, unless they're uncirculated). You don't give enough information for us to tell about some of the others. Coin values vary dramatically according to the condition of the coin.

To get a general idea of what your coins are worth, search for coins like them on eBay and see what they're selling for. The only way to get an accurate estimate of what your coins are worth is to have them examined IN PERSON by an expert.

Treasure & World Coin Auction # 8 by Daniel Frank Sedwick, LLC

Daniel Frank Sedwick, LLC has announced the dates for their fall Treasure and World Coin Auction #8, comprising nearly 2800 lots with a pre-auction estimate of about .3 million. Session I will take place on Thursday, October 21, followed by Sessions II and III on October 22-23 respectively. Registration for bidding LIVE on the internet via iCollector.com will be available the last week of september. Times and contents for each session are to be announced. "This is our third auction in a row with over million in lots, and it is over 600 lots more than our last auction in the spring," says managing owner Daniel Sedwick. "And the diversity of material this time is astounding." Highlights include: * Probably the finest known Lima cob 1 escudo 1710, encapsulated PCGS MS-64 (plus more than 50 other gold cobs, mostly from shipwrecks) * The finest known Mexican 1 escudo 1733/2, recovered by Marty Meylach from the 1733 Fleet and the inspiration for his book Flash of Gold * Unique Santiago, Chile, 1 escudo, 1755/4, ex-Eliasberg * A collection of well over 100 Spanish colonial bust 8 escudos * A collection of large, natural gold nuggets * A unique silver "pina" ingot from the Atocha (1622) * Hundreds of Atocha (1622) silver coins, both rarities and wholesale lots (plus two collections of coins from dozens of different shipwrecks) * Four Lima and Potosi cob Royals (round presentation specimens) in various denominations * A collection of dated cobs from mainland Spanish mints ...
Mexican Gold Coins Video Rating: 5 / 5

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