Best Place To Buy Krugerrands?

[JimHalpert]

Hi all,

I'm looking to buy some krugerrands and was wondering where's the best place to get them from?

Thanks,

[Optobear]

Hi all,

I'm looking to buy some krugerrands and was wondering where's the best place to get them from?

Thanks,

I have some very nice ones - only £10000 each.

But seriously - I think you need two things

i) A large organisation or one with a verifiable track record

ii) somewhere that is quite open about its prices.

I've bought a small number - obvious things I found are that the person selling won't accept a cheque - so you'll either have to march in carrying quite large chunks of cash (paper) and walk out with shiny gold in your pocket, or pay a cheque in advance and wait until it clears. You've still then got to walk out from somewhere where thieves know that people walk out with gold coins on their person...

I bought from a jeweller that advertises krugerrands via ebay. I think there is something called the Numismatic Association that is a trade body and the shop I used are listed

http://www.numis.co.uk/bnta.html

The issue with gold coins is that you don't really know they are genuine until you come to sell them!

good luck

Optobear

[Number79]

cheapest place that I know of is hatton garden metals.

there are times when sovs give better value for your cash by gold weight so it is worth getting a calculator out and checking elm investments.

[GeordieAndy]

Try doing a search with the word krugerrands in the forum search box at the top of this page as that's how I learnt what's what with gold as there are many good post here to educate yourself.