Gold Buffalos VS South African Krougarans

"But despite the end of apartheid, mine operations remain awful. Journalists’ descriptions of the squalid living conditions of today’s mines sound little different from the “barren and pockmarked” mines of the 1940s once described by Nelson Mandela. He said, “Everywhere I looked I saw black men in dusty overalls looking tired and bent . . . Only the presence of cheap labor in the form of thousands of Africans working long hours for little pay with no rights made gold mining profitable for the mining houses.”"

https://www.bostonglobe.com/opinion...outh-africa/f3vkEqADZMRvEvrskvIzVI/story.html

 

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I would suggest AGE's. The spread between buy and sell is under 5%. Also get new ones, dated 2017. They will be unblemished. Don't buy one from a "random year". That's how you'll get ones with nicks, scratches and spots.
AGE's are 22K gold. Soft, but not as soft as the 24K Buffaloes, which you can literally scratch with a fingernail. If you do buy them, buy hard plastic capsules to put them in. You don't want an accidental drop to put a big dent in one, it will make it much harder to sell.

 

The South African government currently issues Kruggerrands with the same obverse and reverse designs as they've always had. If Nelson Mandela could overlook Kruger's life story rather than dilute the brand, then you can too.
I just wouldn't recommend them because they're not quite as liquid, and so the spread between buy and sell can be more.

 

where can I buy gold teeth from Auschwitz victims?

 

Buy Swiss 20 franc gold coins dated 1947. They have a minute but measurably higher mercury content than like coins minted before then. The horrifying explanation is they are minted from recycled gold that included an unusually high percentage of gold teeth, which would have contained small amounts of mercury from the amalgams dentists used in Europe prior to World War Two.

 

What do you mean "trust"? Gold is gold. Generally, with bullion coins, any premium you pay on the buy side you make back on the sell side, anyway.

 

I mean I literally don't trust them to be gold. There ARE fakes out there. I think the original coins look mushy with poor details, so it would be easy to make a fake of one. Buffalos are very well made, and cheap fakes would be easier to spot.

 

Buffaloes are a world renowned fine gold coin.

 

That's what an XRF tester is for.

 

Which costs money, and cannot be used by looking at pictures online

 

Here comes the grammar police !!

 

This thread is about gold coins and has nothing to do with politics what,s so ever
so lets return to what the thread is really about !! PLEASE !!

 

Not only did you manage to misspell both the name of former SA president "Kruger" and the currency "Rand", but you also missed the point I made - the KG was the world's most renowned gold coin long before other countries started minting gold bullion in large numbers: "By 1980 the Krugerrand accounted for 90% of the global gold coin market." (Source: Tom Bethel, Crazy as a gold bug, 1980) I thought CT was about numismatics and education, but I guess nobody cares anymore.

 

Judging from how popular nazi memorabilia seem to be among some US collectors, guess I would know where to look first if I was interested in what you are interested in. You may have noticed that, as was pointed out here before, the current South African government still makes those Krugerrand pieces.

Side note: Kruger was president of the South African Republic (of the Boers) which was annexed by the United Kingdom in 1900. Not quite the same as the later Republic of South Africa ...

Christian

 

I think as long you get the jest of the thread you will be ok pretty obvious what the thread is about regardless.

 

Krugs would have been great to own before we began minting gold coins. But, when I was a kid we would still get Buffalo Nickels in change. The awesome design of the gold Buffalo combined with memories of my youth make Buffaloes my go to bullion coin. I buy a few Eagles too. I do wish that they would have put the St Gaudens Eagle on them as well as the liberty Lady Obverse. Although they are beautiful coins in their own right.

 

Don't forget that Krugerrands are 0.917 fine and buffaloes are 0.999. It does make a difference.

 

I just realized where you got your Avatar from !!

 

I think the St. Gaudens $20 Double Eagle is a beautiful coin.

 

It doesn't. They both contain a full oz of pure gold. Krugerrands weigh 1.0909 oz.