Obverse of the Krugerrand
The obverse of the Kruger shows the bust of Paul Kruger, the President of the Afrikaner South African Republic from 1883-1900, facing left. This was designed by Otto Shultz. It is from this where the name “Kruger-Rand” evolved. Kruger for the president followed by the national currency of South Africa, the rand.
Reverse of the Krugerrand
The reverse shows a Springbok designed by Coert Steynberg. The design stays the same from year to year. The only variations which currently exists are the added privy marks to celebrate the anniversaries of the bullion Krugerrand.
You may also see frosted reverses and obverses on some Krugerrand.
Edge of the Krugerrand
The Krugerrand has a milled edge. The number of serrations used on each size coin varies as well as on each finish. A full size Krugerrand has 160 serrations, with some versions having 188 and some 220.
Metal Content of the Krugerrand
Krugerrands contains 22ct gold, fineness of 0.917. The gold Kruger equates to 11/12-part gold, with the remainder 1/12 parts copper. The added copper gives the gold Kruger a reddish tone. The 22ct gold used makes the Kruger more durable as well as taking the weight of the whole coin, over a troy ounce to 33.9305 grams.
Fraction Gold Krugerrands
From 1980, three more sizes were introduced, these were the half, quarter, and tenth ounce sizes. The fraction coins still contain the same ratio of 22ct gold to copper.
Face Value of the Gold Krugerrand
The gold Kruger has a legal tender status in South Africa although there is no denomination on the coin. The Kruger has an ounce denomination and half ounce denomination and so on for the fraction sizes. This means that the face value of the Kruger is the value of the gold at the time it is traded.
Buy & Sell Krugerrands in the UK
The Krugerrand is not exempt from capital gains tax which may be a drawback for some investors in the UK. However, cheap Krugerrand coins are often one of the most popular ways to buy gold bullion coins.
Sell Your American Eagle Gold Coins
American Gold Eagle coins are a bullion coin made by the United States Mint. They are legal tender and designs typically feature the national personifications of the USA, with an eagle on one side and Lady Liberty on the other.
We have experience of over 30 years in the antique trade and pride ourselves on offering a reliable and professional service. you will always get the highest price for your gold coins when using Olympia Mayfair Ltd. contact us today and book your free no obligation valuation.
Sell Your Gold Sovereigns
If you are looking to sell your gold sovereign coins and you want the highest possible price available then look no further.
Here at Olympia Mayfair Ltd, purchase gold sovereigns across the whole of the United Kingdom, while ensuring a compassionate and convenient service for anyone looking to sell their gold Sovereigns. we avoid auction fees and will give you the highest price and most honest, professional service possible.
We are specialists in buying a range of items that can be of a potentially high value. Our expert team has over 30 years of experience and extensive knowledge about any gold coin may have in your collection.
We also have a network of collectors and dealers where we can place your gold sovereign coins.
When using our service, we will guarantee your will receive the best advice and the highest price available on the day of sale.
How Much Will I Get For My American Eagle Gold Coins?
Current prices of gold suggest a potential value of around £1,400.00 – £1,600.00 for a whole Gold Eagle Coin, however prices may vary in lower denominations and will have adjusted selling prices.
Prices also depend on the following:
- Age
- quality and condition of mint
- collectability
- number of coins
There are some special edition American Gold Eagle coins that are worth much more, including many that come with display boxes and papers that may further influence the value.
Get The Best Price When You Sell American Gold Eagle Coins With Olympia Mayfair
Gold coins are valuable and we will buy many types from your collection when you are ready to sell. Remember, you always get the best price and service using the Olympia Mayfair Ltd
We have exceptional experience alongside a friendly, honest service and we are the best choice for selling American Gold Eagles and many other items safely and reliably.
FAQs and Useful Information
The following are some frequently asked questions about American Gold Eagle coins and the services we provide:
Are American Eagle gold coins a good investment?
Gold, in general, is a wonderful investment. You cannot expect to make huge profits, as with any investment, but gold tends to gently tick upward in value over time. This is true even in times of crisis, as gold is much less volatile than stock in a company. Another good thing about investing in gold is that, because it is so appealing, people always want to buy it. One drawback of gold is that you do not receive dividends from your investment.
How much is a Gold Eagle coin worth?
Precious metal prices vary so please be aware that this is just a guide, but dramatic shifts in the value of gold are quite rare as it is relatively a stable commodity. If you contact us we will be able to let you know the current market value.
Are there other types of bullion coins?
Yes. There are many bullion coins from lots of countries, including South Africa, Canada, the UK, China, Mexico, Israel, Russia and more. Other bullion coins originating from the US include the American Buffalo coin.
What is the point of a bullion coin?
Bullion coins have a high amount of precious metals within them, which are inherently valuable and will often surpass the face value of the coin. Bullion coins are or have at one point been legal tender in most countries, and many come with distinct advantages for tax. They are also a stable physical investment, albeit much smaller than something like property, so people enjoy the security aspect of bullion coins as well.
Can I come to you with my American Gold Eagle coins?
Yes, you can come to our office if you book an appointment. Simply contact us and request an appointment and we’ll get it arranged for you. We are a London-based company but can provide our services throughout the UK.
I have other items to sell, can you value these too?
Yes. We buy a range of high-value items including jewellery, scrap gold and coins, silverware, watches, sculptures and bronze, oriental antiques, amber, jade or coral, medals and militaria, old books and vintage luggage. For a better look at the items that we buy, please see on our website page items we buy
Sell Your Gold Sovereigns
If you are looking to sell your gold sovereign coins and you want the highest possible price available then look no further.
Here at Olympia Mayfair Ltd, purchase gold sovereigns across the whole of the United Kingdom, while ensuring a compassionate and convenient service for anyone looking to sell their gold Sovereigns. we avoid auction fees and will give you the highest price and most honest, professional service possible.
We are specialists in buying a range of items that can be of a potentially high value. Our expert team has over 30 years of experience and extensive knowledge about any gold coin may have in your collection.
We also have a network of collectors and dealers where we can place your gold sovereign coins.
When using our service, we will guarantee your will receive the best advice and the highest price available on the day of sale
Contact us to book an obligation-free valuation today – we can provide an immediate cash payment.
