Investment in gold is a wise method to expand your portfolio during any economic conditions and makes perfect sense throughout the unstable financial times we're all experiencing. Arguable gold price often moves independently of established investment vehicles and thus offers a magnificent hedge against inflation. Among the more admired methods to hold gold is via gold bullion coins like Gold American Eagles or Canadian Gold Coins but don't forget about the granddaddy of them all; Krugerrand gold coins.
The South African Mint Company minted the world's first gold bullion coin, the Krugerrand, back in 1967. Originally the coin was planned to be used as currency thus why it was made using a better strong gold alloy, unlike most other gold bullion coins. Krugerrand Gold Coins are minted from a gold alloy that is 91.67% or 22 Karats. The remaining weight of the coin (8.33%) is copper which lends the coin a more orange look. The kurgerrand is therefore labeled as the obverse of the coin bears the face of 4-term statesman Paul Kruger, previous president of the old South African Republic.
The Krugerrand gold coins up to recent times has had a very troubled history due in main to the worldwide economic sanctions imposed against the South African government for its apartheid policies. This made the coin an illegal import in lots of countries but didn't appear to dent the attractiveness of the coin either as an investment or part of a bigger coin collection. In fact the Krugerrand led to many other gold producing countries minting their own gold coins such as the American Gold Eagle, the Canadian Gold Maple Leaf, and the British Britannia Coin to name a few.
As with many other silver and gold bullion coins the Krugerrand is a pretty liquid investment. Liquidity is of magnificent advantage for investors as it actually means how quickly you can convert your asset into cash. You can go to many coins dealers or websites and quickly sell your bullion or numismatic coins into cash. This is as compared to other types of investment like property and real estate which aren't easily transformed into cash and thus less liquid.
Gold bullion coins are really the first investment to consider as a great addition to your portfolio. It is, after all, the ancient metal of kings globally renowned for its long history as a store of value and secure haven investment. Together with the ever admired and more obvious gold bullion coins available do not forget to think about Krugerrand gold coins.
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