What Kind of Factors Affect Krugerrand Gold Coins Price?

Krugerrand Gold Coins PriceKrugerrand gold bullion coins value is derived almost exclusively from the coins gold weight and spot price of gold. However, the Krugerrand gold coins price is affected by several other factors besides the spot price of gold, namely, coin’s weight, premium mark ups, investor demand and manufacturing costs. So when looking for the best Krugerrand gold coins price multiply 1 oz gold Krugerrand by the current spot price of gold and compare which online gold bullion dealer offers this type of coins at a more affordable pricing.

Krugerrand gold coins prices are very affordable compared to similar 1 oz gold bullion coins available at the market due to many factors. The main factor has to do with relatively high supply of Krugerrands of older mintages. Expect to pay slightly more for South African gold coins of newer mintage years. Consider buying coins of smaller sizes ranging from 1/10 of an ounce to ½ of an ounce of pure gold. These mighty coins are a perfect way of bartering should we face harsh economic times ahead.

Depending on the quantity of Gold Krugerrands you buy, you can qualify for wholesale Krugerrand gold coins prices; just ask your gold bullion dealer if they offer this program. To land the best Krugerrand gold coins price, shopping around is a must – you will be amazed by the difference of gold coins’ pricing available online. To land an even better Krugerrand gold coins price, search EBay, a truly wonderful online marketplace for finding unique products at unique prices. Some gold investors swear by finding the best deals on Krugerrand coins and under a spot price of gold. As a word of precaution, buy from highly reputable sellers and stay away from sellers based in China due to too many fake gold coins being made in this country.