Krugerrands come with no replacement policy, but we have a solution.
May 2024

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SafeGold - Safety. Uncompromised.
R 1,500.00
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Buy 1/2 oz Krugerrand Bullion Coins at Best Prices | The Scoin Shop
R 27,032.33
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Buy 1/2 oz Krugerrand Proof Coins at Best Prices from The Scoin Shop
R 37,500.00

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If you lose them, they’re gone for good. We've got a solution.

Holding a Krugerrand is a comforting feeling. You appreciate the weight, enjoy the craftsmanship, and feel secure. But where are your coins when they are out of your hands? Did you know you can’t insure the Krugerrands you keep in your home? You can insure other valuables like jewellery and art but not your Krugerrands. You can insure your car, pet, and life, but it is impossible to insure your Krugerrands at home!

Securely storing your Krugerrands is crucial. Proper storage is essential if you're looking to hold onto the coins for long-term value or just want to ensure their safety until you're ready to sell. Hop on the internet, and you might come across a random post suggesting storing gold and silver in a water-filled fish tank. If that sounds crazy, home storage methods like hiding, burying or using a home safe are even crazier. At-home storage of uninsured valuables is foolish. We advise using a bank’s safe deposit box or a storage facility like SafeGold. Remember, once you lose your gold, you have no recourse.

When storing your gold, you must consider security, ownership, accessibility, and contamination. With SafeGold, your Krugerrands, medallions, and numismatics are stored and insured in a state-of-the-art offsite storage facility specialising in gold storage. SafeGold is a premium safe custody option at a highly competitive price that is fully insured, audited and unlimited- one fee, and you can put in as much gold as you want. SafeGold offers unrivalled security, total confidentiality and discretion. SafeGold is a trusted custody option that gives you the luxury of remaining anonymous while ensuring your valuable collection is locked up safely and insured for your peace of mind. You don’t want your Krugerrands, collectables and numismatics lumped together with everyone else’s. So, how do you keep possession of your specific gold? Every item is carefully audited and controlled by a team of highly skilled coin connoisseurs.

What about accessibility? You want to know you can access or withdraw your gold when needed. SafeGold allows visits to the vaults or delivery service. You can inspect your coins at leisure and then send them back. Importantly, your precious metals are protected from contamination by layers of physical and technological protection. We’ve spent decades building an infrastructure of trusted and committed relationships with our vaults and insurers, allowing us to bring our clients the most affordable, secure storage facility.

Proper storage for your Krugerrands is essential. By choosing SafeGold, you can rest assured that your coins remain secure, insured, and in excellent condition, retaining their value for years to come. We also thought we would give you a few reasons to own gold, the undisputed King of alternative assets.

Alternative investments, those assets that don’t neatly fit into traditional categories, include art and wine, classic cars, rare whiskies and spirits, fine watches, cryptocurrency, and NFTs. While these offer diversification, some carry unpredictability and increased risk. Gold is an alternative asset, boasting a long history as a hedge against economic turmoil, inflation, and currency fluctuations. In a volatile world, gold offers a safe haven that maintains value. So keeping it safe is highly important.

Here are some practical reasons to think about owning gold today.

Properties: Gold is tangible and moveable. As a precious metal, gold has unique properties due to its rarity, durability, fungibility, beauty, resistance to corrosion, divisibility, and malleability. In addition, gold is a highly liquid asset. Other alternative assets are fairly illiquid. For example, investors might find it difficult to sell a rare bottle of wine, a vintage car or an antique.

Limited Supply: Gold’s supply is limited, supporting its role as a store of value—the worldwide supply of gold increases by about 1.5% each year. Gold’s unique properties, as mentioned above, make it a superior store of value. Gold has emerged as the clear winner after thousands of years of competition against other commodity currencies.

History and Stability: Unlike paper currency, coins or other assets, gold has maintained its value throughout the ages. People see gold as a way to pass on and preserve their wealth from one generation to the next. Since ancient times, people have valued the unique properties of the precious metal. It is the metal we fall back on when other forms of currency don't work, which means it always has some value as insurance against tough times.

Official Support: Central banks and governments worldwide own gold as a reserve asset. Moreover, since the Financial Crisis, they have been buying more gold to diversify their currency reserves and reduce their reliance upon the U.S. dollar as a reserve asset. If central banks buy gold because they believe it can serve as a store of value, why should others act differently?

Originally minted in South Africa in 1967, it was the first of its kind in the world. The Krugerrand was the first modern gold bullion coin, consisting of one troy ounce of fine gold blended with a copper alloy for hardiness to yield a 22-karat gold coin. Over 50 million ounces have been sold globally, making the Krugerrand the most widely traded and most liquid gold bullion coin in the world. Understanding the value of Krugerrands is essential for anyone looking to diversify with gold. These coins have historical significance, high liquidity, consistent weight and purity, and a strong track record, all of which make them a valuable addition to any portfolio.

If you are seeking a dependable store of value in light of geopolitical instability and economic concerns. Adding gold coins to your portfolio offers reassurance in uncertain times. Krugerrands, gold coins, and collectables emerge as the ultimate alternative asset.