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Krugerrand as gold investment?

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  • qwertyjjj
    qwertyjjj Posts: 150 Forumite
    Krugerrands are subject to CGT.
    You need Britannias or sovereigns.
  • kalinka
    kalinka Posts: 12 Forumite
    Information on investing in Krugerrands very informative. How safe is it to buy Krugerrands on e-bay.
  • googler
    googler Posts: 16,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    edited 27 September 2010 at 6:13PM
    kalinka wrote: »
    How safe is it to buy Krugerrands on e-bay.

    As safe as buying any other collectable coin?
  • Coldfusion_2
    Coldfusion_2 Posts: 8 Forumite
    The only thing that matters is the weight of the coin.
    Choose the right gold bullion buyer and you will get the London am or pm fix of the day.
    There are dealers in London that will sell Krugerrands at 3% above spot and buy at spot.
    There are others that buy at 98% of spot or better if you are selling quantities.
    The premiums on other coins can be 6 to 8% but 1 oz Krugerrands are for some special reason lower.
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