Krugerrands or production coins, as we call it, fluctuates with the gold price, please find below comparisons calculated in 2006.
| KRUGERRANDS VS RARE COINS |
KRUGERRANDS
|
COIN |
PRICE 1996 |
PRICE 2006 |
|
50 x 1 Ounce Krugerrands @ R1400 |
R70 000 |
R184 000 |
RARE COINS
|
COIN |
PRICE 1996 |
PRICE 2006 |
|
1874 Burger Pond (Finebeard) |
R 30 000 |
R180 000 |
|
1898 Sammy Marks Tickey |
R 20 000 |
R150 000 |
|
1902 Veldpond |
R 15 000 |
R125 000 |
|
Total: |
R455 000 |
Rare coins was the currency of the day and therefore can never decrease in value, the coin becomes more rare and scarce as time passes.
However, to diversify your investment portfolio, it is advisable to hold on to a certain amount of your krugerrands as they offer immediate liquidity.
