Krugerrand Gold Coins – The Granddaddy Of Modern Gold Bullion Coins
The fabulous Krugerrand gold coin has become the most well-known contemporary gold bullion coin. Launched in 1967 from the South African Mint Company, it was intended to circulate as a legal tender currency. The Krugerrand grew to be sought-after that in 1980, 13 years after it had been released, it accounted for 90 % of the gold bullion market!
The coin is 22 karat gold and is composed of 91.67% gold and 8.33% copper. This gold alloy combination makes the gold Krugerrand more durable than other gold bullion coins. The durability factor was an important consideration when designing the coin as it was intended to be circulated and had to be resistant to scratches and dents.
The most popular version of the coin, the 1 ounce size, weighs approximately 1.09 troy ozs, is 2.84 mm thick, and measures 32.77 mm in diameter. In 1980, three smaller varieties also became available, each containing one half ounce, one quarter ounce, and one tenth ounce of gold, respectively.


Gold sovereign came into existence in 1489 under King Henry VII, with a value of one pound sterling. The obverse design showed the King (sovereign) seated facing on a throne and that is how new coin gained its name - the sovereign. From 1953, gold sovereign features Queen Elizabeth II on the observe.
2009 american gold eagle bullion coins were released on December 3, 2009 and quickly sold out. 2009 gold eagle coins surely made a history with leading sales figures, despite late launch and supply of the smallest size depleted the very next day. Fractional sizes were 1/2, 1/4 and 1/10 ounces and recorded huge release day sales — 345,000 were sold for a total of 58,000 ounces of gold. All the fractional coins completely sold out at the Mint.
Every time I go check US Mint web site, it says "Production of United States Mint American Eagle Gold Proof and Uncirculated Coins has been temporarily suspended because of unprecedented demand for American Eagle Gold Bullion Coins. Currently, all available 22-karat gold blanks are being allocated to the American Eagle Gold Bullion Coin Program, as the United States Mint is required by Public Law 99-185 to produce these coins in quantities sufficient to meet public demand . . . "







