SOUTH AFRICA KRUGERRAND GOLD COINS (10 Pack) Start Price USD 0.01 Current Price USD 8,600.00 Time Left - Bid Count 14 Buy It Now Price - Reserve Price - Start Time Thursday, August 21, 2008 End Time Thursday, August 28, 2008 Location Austin See more about 'SOUTH AFRICA KRUGERRAND GOLD COINS (10 Pack)' Description Security Advisory: Bullion Direct does NOT use Second Chance Offers! For your added security, all of our auctions are now Private. Gold - S. African Krugerrand (10.00 ozs. total, 1 ounce each coin) Symbol: GCSK100 Weight: 10.00 ozs. total, 1.00 oz. each coin Condition: Uncirculated Denomination: Rand Content: 91.6% pure gold Diameter: 32.60 mm. ea. INVESTMENT PACKAGE This auction contains 10 (TEN) - Uncirculated South African Gold Krugerrands (1.00 oz. each, totaling 10 ounces of gold), Bullion Direct's choice of dates/years. (No special requests please) The discovery of the main gold reef in 1886 in the Johannesburg area changed the history of South Africa. No other event in the 20th century had such a great impact on the political and economic history of South Africa. The shimmering beauty of pure gold has captivated the country. It was during this golden era in Johannesburg that President Paul Kruger realized that South Africa needed its own coinage system. The gold Kruger pounds were introduced in 1892 and the same obverse design appear on the current Krugerrand. The discovery of gold, more than a hundred years ago, created a golden opportunity for all. In the new South Africa, Johannesburg is referred to as EGOLI, a traditional African word meaning, "place of gold". The Krugerrand is one of the few South African brand names that appears on the top 300 international branding list and most people associate Johannesburg gold and the Krugerrand with South Africa. This idea culminated in 1967 when the South African Mint introduced the handsome new coin of 1-ounce troy fine gold and the first Krugerrand was struck at the South African Mint on 3 July 1967. The design of the Krugerrand was based on historical coins of South Africa. The obverse depicts the bust of President Paul Kruger who was President of the ZAR (the previous Transvaal province of South Africa ? now Gauteng) when the Witwatersrand gold was discovered in 1886. The design on the reverse depicts a prancing springbok, a well-known South African symbol. The reverse was originally designed and engraved by Coert Steynberg (CLS) a famous South African sculptor. The same design was used on the reverse of the £1 and £½ and later R2 and R1 gold coins from 1952 to 1982. As this design was used on the original gold coins, it was decided to continue this design of the new Krugerrand. The name Krugerrand was derived from KRUGER (President Paul Kruger) and RAND the monetary unit of South Africa. The Rand is associated with the area called Witwatersrand, "The ridge of white water" an important gold producing area. The alloys of the Krugerrand were selected at 22 carat or 916,7 gold with the balance in copper, the traditional alloy for gold coins. Auction Terms: General: Payment must be sent (postmarked) within one week of the auction closing. Orders are generally shipped within one to two business days after the "Release Date". Our feedback rating is excellent and satisfaction is guaranteed, so bid with confidence! Bullion Direct retains the right to refuse a bidder due to a negative rating, insufficient rating history, or any other factors that may put auction settlement at risk. Payment: Check Please note: Cashier's checks, certified checks, and money orders are accepted but require the same 7 business day clearing period. Release Date and Shipping Time (Please read before bidding) 7 business/banking days.  We require a 7 day clearing period on all payments made by check, money order, or cashier's check.  We cannot accept credit cards or paypal on auctions due to the fees.  Margins are very small on bullion and these fees would be more than any potential profits.  Please understand that selling high priced items like bullion attracts more fraudulent buyers, therefore we have to take extra time to be sure payments clear before shipping.  Our actual shipping time is very fast compared to other sellers in the industry, but may seem slow compared to buying some low priced items on ebay that have little risk.  Please understand this and take it into account when leaving feedback for shipping time.  Most of our customers have a good understanding of business and appreciate the challenges involved in balancing risk and speed in this industry, we appreciate you understanding as well. Shipping: We ship with the following specifications: Insured; signature required; delivery confirmation; automated email notification/online tracking (not available for USPS). *Restrictions:U.S. only. FedEx/UPS not available to P.O.Boxes and APOs - please select USPS. Alaska and Hawaii residents please add $10 to either shipping service. Options & Costs: FedEx/UPS 2nd Day: $15.95 (recommended) USPS Registered: $14.95 Alaska/Hawaii add: $10.00 Link with additional BullionDirect.com GOLD/PLATINUM order: Add $2.50 Insurance:Full coverage under our Lloyd's of London policy. Cost: Free Handling: All product is professionally handled and packaged. Cost: FreeFeedback Policy:  Once you have received and verified your product, and are satisfied with the transaction, please be sure to leave feedback.  We make every effort to make sure you are pleased with the product and service, and do not consider the transaction complete until you have left feedback.  At that time we will be sure to leave feedback as well. Payment Please use the ebay check out provided at end of auction. We do not accept PayPal or Credit Cards because of very small margins on precious metals and to provide a better investment value to our customers. Personal checks, and money orders are preferred. Thank you. I accept the following forms of payment: Personal Checksee instructions, NO Paypal or Credit Cards Shipping & Handling $15.95 FedEx 2Day® $14.95 USPS Registered $10.00 AK/HI residents add $5.00 Link w/ other Gold/Plat. order  FREE scheduling, supersized images and templates. Get Vendio Sales Manager. Your browser does not support JavaScript. 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