What is a Gold Coin?
A gold coin is a coin that is made mostly or entirely of gold. Most gold coins minted since 1800 are 90–92% gold,
while most of today’s gold bullion coins are pure gold, such as the Britannia, Canadian Maple Leaf, and American Buffalo.
Gold Coin Suppliers In South Africa
The South African Gold Coin Exchange (SAGCE) & The Scoin Shop Head Office
Address: Floor Tower 2, The MARC, 129 Rivonia Road 12th, Sandton, 2196, South Africa
Hours: Open ⋅ Closes 4:30 pm
Phone: +27 11 784 8551
Silver-Sphere Trading (Pty) Ltd *Appointments only*
Address: Strictly by appointment only, Stonemill Office Park 300 Acacia Street Office G03 Kiepersol House, Darrenwood, Johannesburg, 2195, South Africa
Hours: Closes soon ⋅ 1 pm ⋅ Opens 8 am Wed · More hours
Phone: +27 83 561 2375
ISA GOLD (PTY) LTD
Address: 11 Alice Ln, Sandhurst, Sandton, 2196, South Africa
Hours: Open ⋅ Closes 4 pm
Phone: +27 74 321 5888
What is the difference between gold and gold coin?
Because of the design and the manufacturing costs to mint the coins, gold coins carry a slightly higher premium compared to their same unit size as gold bars.
Therefore from an investment perspective, buying gold coins means that you will get less gold for what you pay.
How to buy gold coins in South Africa?
Gold coins, including Krugerrands, can be purchased from the South African Mint or authorized coin dealer.
The South African Mint website has a list of accredited gold coin dealers.
How much is a South African gold coin?
| Weight: | Spot Price: | Buy Price: |
|---|---|---|
| 1.00 oz | $ 1,833.84 | $ 1,929.20 |
What is the name of the gold coin in South Africa?
Krugerrands are South African gold coins that were minted in 1967. Krugerrands remain popular among gold investors today,
despite South Africa’s slumping gold production.
Which gold coin is real in South Africa?
Rand Gold Coins are the historical counterpart to South Africa’s world-famous Krugerrand gold coin and they’re ideal for buyers at every level.
South Africa has a long tradition of producing fine coins from the country’s gold and the Rand is no exception.