Browse FAQ

General Questions

  • How do I get started?

    Visit any of our Scoin shops nationwide, view our online catalogue or contact one of our sales brokers to start collecting coins and medallions today. We have knowledgeable consultants to help you with any queries you may have on our illustrious coins and medallions.

    Download our Gold Legends Brochure, click here.

  • What are the benefits of owning gold?

    1. A perfect way to diversify your portfolio and reduce your risk.
    2. The perfect wealth protector against economic uncertainty.
    3. Gold protects you from currency devaluations.
    4. Protects your purchasing power against inflation.
    5. Satisfaction of actually owning a real piece of gold.
  • Should I own collectable or bullion coins?

    To diversify your portfolio and effectively protect yourself from economic uncertainties, it is recommended that 2/3 of your physical gold collection should consist of bullion coins such as Krugerrands. The remaining 1/3 should consist of collectable coins and medallions like Mandela Medallions and International coins. However, we tailor our customer’s wealth portfolio to better suit their needs and prevailing economic conditions.

    Key points that differentiate collectables from bullion:

    Collectable Bullion
    Limited in number
    Legacy builder
    Price linked to rarity
    Example: Burgersponde
    Minted in large quantities
    Form of currency
    Linked to gold price
    Example: Krugerrands

  • What determines the price of a bullion coin?

    The value of a bullion coin depends primarily on the value of the metal used to make it. If the price of gold increases, the price of bullion coins and collectable coin/medallions also do.

  • What determines the price of a collectable coin/medallion?

    Like a bullion coin, the price of a collectable coin/medallion is determined by the gold value it has, but a medallion has additional rarity value. The lower the mintage, the higher the price. If the medallion is a pre-loved collectable coin/medallion, the age will also influence the price.

  • What are the benefits of alternative assets?

    The main benefit of alternative assets is the fact that they are not highly correlated with conventional investments. This provides diversification and leads to a net risk/reward gain. The rarity and long-term nature of alternative assets help provide stability to any portfolio.

  • What is the best alternative asset?

    Alternative assets can include property, art, jewellery, collectable cars, antiques, wine, stamps and physical gold coins and medallions.

    However, the star performer in the alternative investment family is undoubtedly gold. For over 6000 years gold has been the only constant when the economic rollercoaster continuous to throw uncertainty into local and global markets. Take the Krugerrand for example. Between 1974 and 2014, the price of a Krugerrand has gone up an incredible 9448.39%.

    Furthermore, our partnership with Stephan Welz & Co, one of the leading auction houses in South Africa, allows us to offer you the widest variety of quality alternative asset opportunities in South Africa.

  • What other benefits does adding gold coins to your wealth portfolio have?

    Apart from adding economic security to your portfolio, coins are extremely portable, making it easier to take full control of your wealth in times of severe economic anxiety.

    Because the value of gold is based in the Dollar currency, it allows you to hedge your wealth against the Rand.

  • How much of my wealth portfolio should consist of gold?

    To truly diversify your portfolio and protect yourself from the ongoing uncertainty in the markets, specialists advise that you have 30% of your investment portfolio in alternative investments, with 10% - 15% of that in physical gold coins and medallions.

    This is, however, dependent on individual needs ad may differ from one client to another.

  • Should I insure my coins and medallions when I travel?

    Our specialists advise that you should always insure your coins and medallions at all times, not just on your travels. Always make sure they are insured for their current value and not their value when you bought them. This will ensure that you won’t lose any money.

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