Sell Gold Krugerrand to the Best Krugerrand Buyer in Las Vegas, NV
The Gold Krugerrand is considered the grandfather of modern bullion. A Krugerrand is a South African coin produced by the South African Mint and the Rand Refinery. It was first minted on July 3, 1967, with the purpose of marketing South African gold. The term Krugerrand is a combination of the former President of the South African Republic (Paul Kruger) and the South African unit of currency (rand). At present, many people sell gold Krugerrand to reputable gold coin enthusiasts and dealers because of its undeniable value. Truth be told, there is only one great Krugerrand buyer in Nevada. That is exactly where to sell gold krugerrand coins today!
In 1980, the majority of investors preferred storing their riches in Krugerrands, which accounted for about 90% of the global coin market at the time. For a while, the name “Krugerrand” was widely synonymous with the term “gold coins.” However, between the 1980s and 1990s, the Krugerrand fell out of favor after Western countries banned the importation of Krugerrand coins due to its association with the apartheid government of South Africa.
Value of a Krugerrand Gold Coin
Gold Krugerrands are among the coins that do not carry any face value, which means they have not been assigned any value in Rand. However, the South African Reserve Bank of 1989 considers it as a legal tender. The amount of gold contained in Gold Krugerrands carries most of the coin’s value. This is why the best way to sell krugerrands is to understand the price of gold, especially if you expect to sell gold Krugerrand in exchange for a price that it deserves.
Design of Gold Krugerrand
The obverse of a Gold Krugerrand features Otto Schultz’s portrait of Paul Kruger, who was the President of the South African Republic from 1883 to 1900. He held office in 1896 when the world’s most profitable mines (Durban Deep) was founded. On the same side, the line “SUID-AFRIKA · SOUTH AFRICA” can be seen in the coin’s legend.
Meanwhile, on the reverse side of the coin is the image of a springbok Antelope by Coert Steynberg. The mint date of the coin can be seen in the coin’s field. The legend is inscribed with “KRUGERRAND” and the gold weight.
Where to Sell Gold Krugerrand Coins
Are you looking for the best way to sell Krugerrands? Nevada Coin Mart is the answer. Our store is the best place to sell gold Krugerrand in Las Vegas and Henderson, Nevada. We are a multi-award-winning business in Las Vegas, specializing in gold coins. For three years in a row, the Las Vegas Review-Journal named us Best of Las Vegas. We are without a doubt the greatest gold coin buyer in the area! You have come to the perfect site if you are looking to sell gold Krugerrand and other valuables!