Wednesday, 16 August 2017

how to sell a R5 coin for R50000 (Mandela Coins)

how to sell a R5 coin for R50000 (Mandela Coins)



1/10OZ KRUGERRAND R2 140
1/4oz Krugerrand R4 750
1/2OZ KRUGERRAND R8 850
1OZ KRUGERRAND R17 200

To buy these coins you need a gold broker
go to https://silvergoldbull.co.za/gold/



Krugerrand

The Krugerrand is a South African gold coin. Krugerrands were first minted in 1967 to help market South African gold. The coins have legal tender status in South Africa, but are not intended to be used as currency. New Krugerrands are issued by the South African Reserve Bank (SARB) and are available from certain banks and specialist outlets. The JSE offers trading in Krugerrands through a well regulated secondary market and are traded in the same way as any listed Equity Market instrument, with prices being quoted on the various types (weights) of coin.

Who is this for?

Krugerrands appeal to professional and private investors who wish to make a direct investment in gold bullion, hedge their portfolios against the US dollar or to further diversify their portfolio.

Features

  • Your investment is in physical gold and is not dependent on the performance of a gold mine.
  • Gold has a low to negative correlation with other asset classes, making it an effective portfolio diversifier.
  • Gold has a positive track record in terms of returns and has increased in value because it is a non-renewable natural resource.
  • Gold serves as a rand hedge against the US dollar.
  • The gold market is very liquid.
  • If the gold price changes, so does the price of the Krugerrand.

How to get The Krugerrand

Open a brokerage account with a JSE Equity Market member.
Visit a Krugerrand specialist outlet.




Mandela Coins
The coins are aimed at honouring the life of the former president of the republic who would have celebrated his centenary on 18 July 2018.
Each coin represents a different stage of Mandela’s life:
  • A R50 base metal alloy coin depicting him as a young man;
  • A R50 sterling-silver coin depicting him at an older age (his presidential years);
  • A R500 24-carat gold coin depicting him in his later years.
All three coins feature South Africa’s coat of arms on the obverse, replacing the Black Wildebeest (or Gnu).
No official pricing or release dates are available at this stage, however the coins have been declared official tender meaning they should be released shortly.


Which one do you have?