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Sunday, May 31, 2009

Which Gold Krugerrands Are Considered The Most Valuable?

By Christina Goldman

The beautiful South Africa Gold Krugerand Coins are found, minted and sold in South Africa. One of the largest producers of gold in the world, South African has an abundant supply of precious metals that come from the deep mines surrounding Johannesburg.

Countries frequently connect the designs of their currencies according to particular historical feats. That's why one person named Stephanus Johannes Paulus Kruger was chosen to bear the imprint on their legal tender. The gold bullion coins manufactured in SA derived its name from him and called it the Krugerrand.

The reason why there's a high resounding value for these Gold Krugerrands in the market is that these gold coins can register up to 22K in its fineness. So, which gold krugerrands are considered the most valuable?

It is the outstanding one troy oz. gold coin deemed as the most valuable of all Krugerrands. It has got 32.77 millimeters in diameter, weighing 33.930 grams and sparkles with a 91.67% fineness. A number of these coins ranges from one troy oz. to oz, oz. And the 1/10 troy ounce.

Now that South Africa's legal tender was purposely made to trade for its gold price with only a minimum cost to turn out as well as distribute it, more and more investors are choosing them over other gold bullion coins offered by other countries as well as the US of America. Bear in mind that gold coins offer low premiums but high liquidity so it is a good choice of investment.

A gold coin's value depends much on its weight, diameter, thickness and fineness for it to be considered as of great value. The South Africa Gold Krugerrands possess all the winning characteristics for investors to consider as one of the most valuable investments to have ownership on. - 23212

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