1oz Gold Krugerrand for Sale on Amazon

Since last year about this time when the price of gold was about GBP 24.29 per gram this year this has increased to GBP 28.32 per gram in March to GBP 28.84 per gram on 13^th April. As you can see gold is still continuing to rise at a very good level and over GBP 4.50 per gram higher this year than last year.

The Scrap gold prices have also continued to rise in line with the actual gold price and for 9 carat scrap gold the current price is £10.49 per gram, 14 carat scrap gold is £16.36 per gram, 18 carat scrap gold is £20.98 and 22 carat scrap gold is £25.63 per gram. This is a good increase from this time last year and if you then compare this to the prices which gold is selling for on eBay this month so far:

The krugerrand is probably the most famous of all the gold bullion coins and will normally come in 1 ounce coins. Historically the Krugerrand has made good money on eBay. As an example last year a 1984 Krugerrand sold for £454 and a 2008 one sold for £560 and two Krugerrands in mint condition dated 1979 and 1988 sold for £799.99 and £755. This year here are the results from some Krugerrand sales on eBay:

A One ounce 1979 Krugerrand sold for £920.01 on 13 Apr 2011. A one ounce 1975 Krugerrand sold for £900 also on the 13 apr 2011. Looking at the results on eBay a One ounce Krugerrand will now sell between £900 and just under the £1,000 for a good example which is a significant increase in the price of Krugerrands from last year.

Another gold coin which is a firm favourite is the Gold Sovereign the full sovereign weighs about 8g and is 22 carat gold these coins are always popular on eBay and a George V was selling for about £180 to £200 last year Victorian sovereigns are more costly depending on condition. This year full Sovereigns are now selling for about £220 to £230 and Victorian ones going for  over £260. This is a big increase in a year with about £60 more being paid for Victorian sovereigns.

Last year the half Sovereign was selling for about £85 to £90 with exceptional uncirculated coins such as a 1910 half gold sovereign selling for £111. This year the half sovereigns are selling for about £110 with good examples and rarer years selling for about £140 and upwards, again this is well up on this time last year and the prices still seem to be not just holding but vastly increasing each year.

Scrap gold is also a very popular commodity on eBay and generally goes for a better price than most places where you can exchange gold for cash. There are lots of these cash for gold firms and shops appearing on the television, internet; even the high street is starting to be full of shops all wanting gold for cash. The increase in the scrap gold price has something to do with this but you will be hard pushed to get as much for your gold from these places as selling it on eBay. Looking at recent results 7 pairs 9ct gold earrings 8gms sold for £85.52 which is about £10.50 per gram and 31.9gms of scrap 9ct gold for £323.23 which again is over £10 per gram which is better than any other place I have seen offering to buy scrap gold.

Indeed, for those with the acumen and capital to buy gold throughout 2009 and the early months of 2010, their investments could reap solid rewards. For hoarders and traders, there is an expectation for the price to peak through December, therefore providing the optimum time to cash in, both in terms of the gold’s market value and the level of demand present within the marketplace. The rise in the price of gold is also reflected in the average unit costs of 14, 18 and 22 carat scrap items, with an increase of £3.00 per range between April and November 2010.

Specialist Items And Investing In Gold

In terms of buying gold for an incremental investment, gold coins and bar format gold bullion are two of the most popular choices. These items are very collectable, and there are many individuals who will purchase gold privately for a negotiated fee (in line with the specifications and overall value of gold). Such investments have historically proved popular, as fluctuations in the price of gold are not as drastic or changeable as other investment commodities, and this trend has continued through 2010. Coins and bullion are an ideal source of financial insurance, as they will also retain a value within the market.

Gold Bullion And Proof Coins

There are subtle differences between gold bullion coins and gold proof coins however, which are significant in terms of their cost and value when considering selling gold. Gold bullion coins are valued and costed strictly on the levels of gold and precious metal they contain, whereas gold proof coins are designed and produced as specific collector items, so can carry additional value depending on the individual theme of the coin and the collector in question. All gold coins, whether they be classic or contemporary items, are very popular amongst private collectors and investors alike. These are viewed a being similar to currency rather than a commodity, as whilst its value and cost will dip and soar, gold and gold coins can never be rendered worthless or without value.

One of the most popular and valuable gold bullion coins on the market is the South African Krugerrand. There are coins available between 1967 (the year of the Krugerrands inception) and the current day, at an ever steady average cost of £860.00 (with an estimated gold cost of £800 per ounce). They are not aesthetically pleasing and nor were they ever designed to be, but they remain popular due to their predictable and reliable value over a distinct period of time. Another reason for its demand amongst investors and collectors is that it is an example of legal tender in South Africa, the Krugerrand can be imported into many countries world wide without the charge of import tax, VAT or duty.

A more economical and historic bullion coin renowned throughout the gold industry is the sovereign. The demand for these coins has experienced a sharp increase through the summer and peaked in October 2010, as collectors clamour to purchase these at the vastly reduced cost as compared to the Krugerrands. The sovereign range of rings is the most competitively priced within the gold bullion market, with a vastly superior profit to be made on resale as opposed to other coins. In addition to this, sovereigns are exempt from the burden of Capital Gains Tax in the UK, and are also a far more attractive and stylish design of coin for collectors. Their historical merit is also a significant consideration to a discerning collector.

Gold Bullion Bars

The popularity of physical gold bullion as an investment items was maintained through 2010, due in part to the global financial uncertainty and the fact the physical bullion does not depend on a suppliers pledge to pay. This removes a huge element of risk present in other services and commodities, giving an investor insurances as to the security of his capital. In addition to the bullion coins, gold bullion can be purchased in single bar format, and there are a surprising range of designs and choices available to the consumer. Quite often, however, if a specific type of gold bullion bar is required then the supplier will need to be informed as many simply sell bullion as an investment rather than a specific, collectable item.

The most in demand and commonly requested are Swiss gold bullion bars. Switzerland is renowned for its gold and banking, but many of its physical bars are rarer items. An example is the Swiss Volksbank bars, which are a rare commodity especially in the 1000 gram mould, and require much research to source from suppliers. Bars from the famous UBS Union Bank in Switzerland are also popular items that are often requested, due to the renowned name and the distinctive shape and dimensions, and these bars are also available in sizes ranging from 100 to 500 grams.

Continued Growth

A review of the price of gold in 2010 would have to conclude that, despite fluctuating financial fortunes in various national economies, gold has managed to maintain a steady inflation in unit cost and value across all its designs and formats. Whether scrap gold, gold bullion or gold coins, the steady increase in value and price is an indication of the special properties that gold as a material holds as an investment opportunity, and the gold industry is predicted to see further growth throughout 2011. It is easily sourced, is not susceptible to the risk of failure to supply or to pay, and due to government borrowing sees its value increase through times of economical hardship. If 2010 has proved anything, it is that there is no more reliable physical investment of capital than one that is made in gold.

In these gloomy economic times, more folk are looking at gold as a safer asset class than stocks and mutual funds. Investing a portion of a balanced portfolio in silver and gold could act as a hedge against inflation. Precious metals are normally not as susceptible to the same gyrations as the bond and stock markets. Typically, gold is not correlated to the stockmarket or the bondmarket. A portfolio of gold coins might add stability and value to your portfolio.

One of the best ways for small investors to invest in gold is with gold coins. Gold coins are more often than not worth more compared to gold bullion bars. This is {because gold coins are more expensive to make than gold bullion bars. One benefit of gold bullion coins over gold bars is gold coins tend to build more coin collecting value over time. The reason for this is most gold coins are struck with the year on it. The older the gold coin more often than not the more coin collecting value it will build up, if it is maintained in a good condition.

Here’s a few of the most trendy gold bullion coins

American Gold Eagles

The American Eagle gold bullion coin was first produced by the United States Mint in 1986 being authorized by 1985′s Gold Bullion Coin Act. They are guaranteed by the United States government to contain the stated amount of gold in troy ounces. Legally the gold in these coins must come from sources in the U.S. It is backed by the U.S. Mint, and authorized by Congress for content and weight. It is available in 1/10 troy ounce, quarter troy ounce, 1/2 troy ounce and 1 troy ounce denominations.

The reverse side features a female eagle and chicks in a nest, and above them the male holding an olive branch. The other design features Lady Liberty bearing a torch in her right hand and an olive branch in her left, and in the left background, the Capitol building.

The United States Mint also mints a proof version for numismatists. Most American Eagle gold bullion coins are manufactured at the West Point Mint in New York state and bear a W mark under the date of issue. As with all other gold coin, their actual market prices varies from day to day based on the latest spot price of gold.

Buy Krugerrands

The Krugerrand was the world’s first gold bullion coin, being minted in 1967. The gold South African Krugerrand was named after the last president of the old South African Republic, Paul Kruger. The gold South African Krugerrand coin was also the first gold coin that contains precisely one ounce (33.93 grams) of 22 carat gold. South African Krugerrand coins don’t have any monetary value on them. Krugerrand prices are based upon the current value of one troy ounceof gold.

The Krugerrand’s name from a combination of the last President of the old South African republic, Paul Kruger’s surname, and the Rand, which is South Africa’s currency. The obverse of the Krugerrand has a portrait of Kruger. The other side has a springbok, a kind of gazelle. Springboks are South Africa’s national animal.

Buy Gold Maple Leaf

Canada’s Gold Maple Leaf coin was first minted in 1979 by the R.C.M. (Royal Canadian Mint). It is one of the purest gold bullion coins in the world, with a gold content of 24k, Some singular releases contain gold mined entirely in Canada with virtually no base metals at all. From 1988 on, Maple Leaf coins have also been created in .9995 fine platinum, and .9999 fine silver. In 2005 a .9995 fine palladium Maple Leaf 1 troy ounce coin was introduced.

It is available in one twentieth troy ounce, a tenth troy oz, a quarter troy ounce, a half ounce, and 1 troy ounce denominations. It is guaranteed by the R.C.M. to contain the stated amount (in troy ounces) of 99.999% pure 24k gold. The coins have legal tender status in Canada, with face values of C$1, C$5, C$10, C$20 and C$50. These are much lower than their market value, and are symbolic. All denominations are the same in design, except for the markings on the obverse and reverse sides that specify the weight and face value of the coin.

The R.C.M. manufactured a Gold Maple Leaf bullion coin with a face value of C$1,000,000 on 3 May 2007. At the time the actual gold content was worth over $2 million. It weighs 100 kilograms, is 50 cm in diameter, 3 cm thick, with a purity of 99.999%|With a purity of .99999. it is 3 cm thick, 50 cm in diameter}. It was a promotional showpiece to advertise the R.C.M.’s new line of .99999 pure 1 troy oz gold Maple Leaf bullion coins.

Buy Australian Gold Nugget

Sometimes nicknamed Gold Kangaroos, the Australian Gold Nugget is a gold coin minted by the Perth Mint. These coins have been manufactured in a variety of denominations of 24 carat gold. They are legal tender in Australia and are among a a small number of legal tender gold coins to alter their design each year, along with Chinese Gold Pandas. This, and their limited yearly production may help to inflate their numismatic value with the passage of time.

The Gold Nugget was introduced in 1986 by the Western Australian government owned corporation, the Gold Corpration. From 1986 to 1989, the reverse of these gold coins pictured a number of Australian gold nuggets. With the 1989 proof edition, the design was altered to show kangaroos, the globally recognized national animal of Australia.

In 1991, 2 ounce, 10 ounce, and 1 kilo sizes were introduced. They were introduced with the intention of keeping premiums low using economies of scale, and are among the biggest gold bullion coins ever minted. The face values on these large coins were lowered to keep them proportionate to the 1 troy ounce coin. The reverse of the coins does not alter every 12 months like the lower denominations; the kangaroo design is utilized every year.

Chinese Gold Pandas

The Chinese Gold Panda bullion coin is produced by the official mint of China, and was first manufactured in 1982. It comes in a twentieth of an ounce, 1/10 of a troy ounce, 1/4 of an ounce, 1/2 of an ounce, 1 troy ounce, 5 troy ounce and twelve troy ounce denominations. Panda America is an official distributor in the United States of America, and in China, the official distributor for gold Panda bullion coins is the China Gold Coin Corporation (C.G.C.C.).

The obverse side of the Chinese Gold Panda coin has Chinese letters on top saying Zhonghua Renmin Gongheguo (People’s Republic of China). Under that is a picture of the Temple of Heaven, and at the bottom, the year of issue. For commemorative releases, the topic will be evident here too. The reverse side features portraits of pandas, which have been altered every year with the exception of 2001 to 2002.

Another advantage to investing in gold bullion coins is its ease to sell. Gold bullion coins are one of the easiest assets to liquidate. The reason why gold bullion coins are easy to sell is gold coins and gold bars usually have a standard weight and purity impressed on it. If an investor is not familiar with a coin, they can tell how much gold and what purity they are buying. Investing in gold bullion coins has its benefits; some of the advantages are difficult to find in other assets. This is what makes gold bullion coins among the best assets available.

Article Source: http://www.articlesbase.com/wealth-building-articles/buy-gold-bullion-coins-an-easy-method-to-invest-in-gold-1531646.html

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Gold has risen in price substantially over the last few years. This is nothing compared to the rise the smart money is predicting will come to pass over the next couple of years. Don’t miss the boat. Get in now before it’s too late, and buy gold bullion coins now through The Precious Metal Shop

Nearly every region of the world will have made gold coins at some time in their history. In the past many of these valuable gold coins were actually used during every day lives as money. Now these coins are produced mainly for collectors of coins or investors. When you choose to make gold part of your portfolio and you would love a collection that is stunning to flaunt or enjoy as a fascinating pastime; what could be better than collecting gold coins.

You might like to start your collection based on brand new coins or else collect older coins or a mixture of both types. Gold coins are made in assorted values and weights, so everybody will be able to collect even on a strict budget. Certain online websites or coin sellers will compile an assortment of coins originating from various countries and will then send this selection to you. The price of these packages could vary between £500 and £3,000. Within them, the number of gold coins you receive will be dependent upon a number of factors for example: Today’s gold value; weights of the gold coins; their rarity and also their carat value.

The one ounce Australian Kangaroo gold coins have a different design on the reverse each year, which makes them particularly interesting to investors and collectors alike. Their fineness is 0.9999 or, in other words, virtually pure gold.

Many places strive to produce their own bullion gold coin to compete with the popular Krugerrand. Some countries also make special coins to record the anniversary of a specific occurrence or a specific occurrence itself. Usually, these special coins are produced as presentation boxes, and not surprisingly may be a limited issue, thus just a selected number are issued. This action adds to the scarcity assessment and also the desirability of these coins.

One more financial advantage to investing in these coins is that in many places this is a tax free means for investment because nowadays a lot of countries don’t put tax on these coins whilst they could continue to be made use of as money. Realistically though, you would have to be crazy to spend for example, a gold sovereign in order to get an object costing £1 since they are worth in the region of £150 at today’s gold scrap value.

If you get going investing in Australian Kangaroo gold coins you will need to pay more for coins in extra fine condition. Frequently, coins are graded for condition and the value of your Kangaroos will vary dependent on the grade. Your coins will need to be graded for condition by a professional anytime you decide to sell the gold coins. It is possible to normally obtain uncirculated issues of many recently issued coins and although you will pay out on top for these, they should be in perfect condition and will likely be a profitable investment strategy.

With gold prices reaching a new high again this week and further rises anticipated, investors are scrambling to buy gold coins, bullion, bars or whatever gold they can get their hands on.

Over a year ago in July 2008 the Daily Telegraph reported:

“Tens of thousands of investors have rushed to buy gold from bullion dealers over the past year, during which the gold price has broken through the $1,000 barrier on occasions.”

Danske Research Team reported yesterday

“Gold hit $1,226”

So the investors who were rushing to buy gold 18 months ago have seen their investments rise by over 22%. Not bad considering that typical investment accounts with banks are paying around 1.5%.

Another recent report from the Financial Times

In Ghana – “Investors’ scurry for safety has pushed the gold price to all-time highs above $1,100 an ounce, sending mining companies, small-scale artisans and illicit gold-diggers scrambling for drills and picks.”

On a sidenote, if you are in need of cash and you have any gold to sell this could be a good time to cash in.

Of course, the weakness of the dollar is also contributing to the soaring gold prices, but it doesn’t look as if the upward trend is going to stop anytime soon.

Gold Prices Last 10 Years

The market price quoted today on cooksongold.com for 1kg of gold is £23,521.

At the moment on eBay a 250g gold bullion bar sold for £6,100 and 1oz krugerrands are selling for around £740-£820 depending on age and condition.

Another site – bullionbypost.co.uk is selling gold bullion at slightly cheaper prices than you can get it for on eBay. A 1 ounce bullion bar costs £762; 100g is £2,421 and if you want something really weighty to put in a Christmas stocking a 1 kilogram bar is £23,948.