Gold has for the last seven years been an outrageous investment in terms of profit. From a precious metal that traded in the mid $400s per troy ounce, as of April 2012 gold is now above $1,650 per ounce and repeatedly breaking the $1,700 barrier. Not surprisingly, gold coins and other forms of government-issued gold bullion are in high demand. However, South African Kruggerand gold coins continue to be the standard that other bullions coin programs try to measure up to.

Begun in the late 1970s, Kruggerands were originally issued by the South African government as a perfect method a person could buy and hold a gold investment. Because of their long history, these coins now have a dual value. They come with both an intrinsic gold metal value as well as a historic and collectible value. As a result, many Kruggerands today have prices in trade that are far higher than the spot price of gold for a one ounce gold coin.

As a long-term investment the Kruggerand gold coin continues to perform and return value to its owners. Further, purchasing and obtaining them is not a hard task either. However, it does require a bit of window-shopping to find a good price. Because of demand, a lot of gold coin owners place a premium on the Kruggerands they sell. Granted, anyone can probably find an item on an online auction site, but this approach comes with serious risks in terms of being defrauded. Many coin dealers will also charge a premium over spot price per ounce, but this usually equals about 10 percent, a fair price for sourcing the coin and making it available in a protect transaction.

For those seeking a quick trade profit, Kruggerands are probably not the best sort of investment. However, because the coins are quality 24 karat gold and because they are desired for collectability as well, over time this type of gold coin pays back its owners handsomely. With a bit of money set aside on a regular basis, a buy-and-hold strategy can add a coin to one’s deposit box every few months. This approach builds up a healthy reserve for the future over time in an easy-to-move shape.

As mentioned earlier, a number of sources exist for gold coin purchases, and finding a good one with time will pay off with service, reliability, and quality supply. So take your time looking and develop a relationship with a reputable gold coin dealer. The patience and work will pay dividends as well as your gold coin collection.

Krugerrands continue the elite tradition, since 1967, of South African minted coins with their 1, 1/2, 1/4, and even a 1/10 ounce, denominations. This makes these highly sought coins particularly good for smaller budgets. Of course, if so able, the full ounce coins are great for investing purposes too. This makes the coin highly versatile and suited to many different budget ranges. With the image of Paul Kruger on the obverse and the sprinbok antelope gracing the reverse, this coin once dominated the gold market worldwide. Today, it is still a powerhouse. These fetch high prices at auctions, private sales, and online sales worldwide. Recommended for anyone both new and old to the gold markets, this popular coin helps protect wealth. Also, it takes the difficulties out of finding a well paying buyer when or if you ever choose to sell.

We really have a special opportunity to buy gold. The economy is slowly but surely showing signs of greater and greater strains. For your Free Gold Investing Guide and to Buy Gold Krugerrands please visit BullionUK.com

We really have a special opportunity to buy gold. The economy is slowly but surely showing signs of greater and greater strains. For your Free Gold Investing Guide, and to Buy Gold Krugerrands please visit http://www.BullionUK.com

Author Bio: We really have a special opportunity to buy gold. The economy is slowly but surely showing signs of greater and greater strains. For your Free Gold Investing Guide and to Buy Gold Krugerrands please visit BullionUK.com

Category: Business
Keywords: Krugerrands, gold coin, gold bullion, buy gold krugerrand