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South Africa gold Krugerrand coin

History of South Africa 1 oz Gold Krugerrand Coin

The South Africa 1 oz gold Krugerrand coin made its debut way back in 1967. The original motivation for minting this gorgeous gold coin was to assist in the marketing of South Africa’s gold. Fast forward 13 years and the coin accounted for a whopping 90 percent of the world’s gold coin market.

The Krugerrand’s moniker represents the synthesis of two words: Kruger and rand. Kruger is the surname of Boer statesman, Paul Kruger, who is pictured on the obverse side of the coin. Rand is the name of a unit of South Africa’s currency. An interesting bit of trivia about the South Africa 1 oz gold Krugerrand coin is that a number of Western nations actually barred its import back in the 1970s and 1980s as it was associated with South Africa’s apartheid government. Once apartheid ended in 1994, the ban was lifted.

South Africa 1 oz Gold Krugerrand Coin Production

Krugerrands have not been produced at exactly the same level each and every year across the past half-century. This varied level of production only adds to the coin’s value in monetary terms and as a keepsake. In the late 1960s, about 40,000 Krugerrands were minted. By 1970, over 200,000 were produced. In the mid-1970s, an excess of one million coins was produced. Fast forward to the late 1970s and six million were generated.

However, the South Africa 1 oz gold Krugerrand coin’s production decreased to a little over 23,000 in the late 1990s. Production levels have jumped since the beginning of the new millennium yet they have not returned to the levels reached before the era of international sanctions.

The Krugerrand’s Original Role

This stunning gold coin was initially produced as a means of allowing citizens to own gold. Unlike just about every other bullion coin of its era, the Krugerrand was anointed with the status of legal tender. Its official status as a currency is why the coin was minted in an extremely formidable copper-gold alloy.

Today, the South Africa 1 oz gold Krugerrand coin is commonly given as a gift from one South African to another. All in all, 46 million ounces worth of gold can be found in Krugerrand coins today. The coin is available in three unique sizes with ½ ounce worth of pure gold, ¼ ounce of pure gold, and 1/10 ounce of pure gold.

Gold Krugerrand Coins

South Africa 1 oz Gold Krugerrand Coin Characteristics

The Krugerrand measures 2.84 mm in thickness and has a diameter of 32.77. Its weight is 1.0909 troy ounces, which equates to 33.93 g. Its source of minting is gold alloy of 91.57 percent purity. This gold alloy equates to 22 karats or 31.1035 g of gold. The other 8.33 percent of the coin’s weight is copper alloy (2.826 g). The presence of copper makes the coin appear a bit more orange in color compared to most gold coins made with silver alloy. One of the primary benefits of using copper alloy is that it is extremely rigid. You can drop the coin, pick it up and it will likely be free of dents as well as scratches.

South Africa 1 oz Gold Krugerrand Coin Design

The coin’s namesake is derived from the famous Boer statesman, Paul Kruger. He served as the president of the South African Republic for four terms. Kruger’s image was illustrated by Otto Schultz. The back of the coin displays one of South Africa’s most cherished national symbols, the springbok. The coin’s springbok was designed by artist Coert Steynberg.

Other Krugerrand coin features include inscriptions in English and Afrikaans of the gold content as well as the words, “South Africa”. Coin collectors and historians will find it interesting to know that the springbok was also pictured on the obverse side of a South African 5 shilling coin that predates the Krugerrand. Collectors will also be intrigued by the fact that Germiston’s Rand Refinery Limited owns the rights to the word “Krugerrand”.

Gold Buyers Dunedin - Gold assessment

Gold Smart is in the Market for the South Africa 1 oz Gold Krugerrand Coin

If you own a South Africa 1 oz gold Krugerrand coin, Gold Smart is interested in purchasing it. Gold Smart is also interested in buying all different types of gold coins such as the 1 oz Gold Krugerrand in New Zealand. We offer exceptional prices in New Zealand. Do not hesitate to reach out to us if you are on the prowl for a gold coin buyer. We will take your inquiry seriously and get back to you in a timely manner.

Whether you live in Hamilton, Auckland, Christchurch, Wellington, Tauranga, or anywhere else in New Zealand, we want to hear from you. The bottom line is that Gold Smart buys from Kiwis, regardless of their location. We encourage anyone who is interested in selling gold Krugerrand coins or any other gold coins to contact us today. Check out our company’s reviews and you will find why we are trusted New Zealand gold buyers.

Sell gold in West Auckland to Gold Smart

Attention all West Auckland residents: Gold Smart wants your gold. Whether you have gold coins, gold bullion, scrap gold, gold jewellery or gold of another variety, we are willing to pay market rate for it. Our family-owned business in Central Auckland is staffed by licensed gold buyers revered throughout the community for fair pricing and top-notch customer service. Whether you live in West Auckland, North Shore, Albany, Manukau, or Wellington, we want your gold. Our gold buyers are here to serve the entirety of the Auckland region.

A Shiny Object That Collects Dust or Cash in Your Pocket? The Choice is Yours

Most people prefer a wad of cash as opposed to an old piece of gold collecting dust in the basement or attic. Think back to the last time you looked at your gold, wore your gold jewellery, or used gold for any other purpose. It has likely been a while since gold has been of any value to you in terms of utility. Why not turn that old gold into cash you can spend in West Auckland or other parts of the Auckland region?

Think of all the fun things you could do with the money stemming from your gold sale. You can take an extended holiday, shower your family members with presents, take your significant other out to a gourmet restaurant or sock the money away for those inevitable rainy days. The point is you will have a nice stack of cash to spend rather than dusty old gold.

West Auckland Gold Buyers- Fair Gold Buyers

Fair Value for Gold Sellers Across the Entire Auckland Region

If you were to do some price comparisons between our gold assessments and those of competitors throughout West Auckland and beyond, you would likely find we beat the competition with regularity. Our West Auckland gold buyers take pride in offering the most money possible for gold of all varieties. Schedule an appointment with our office for an assessment of your gold or ship it to us through our Free Courier Pack and we will perform a timely and accurate assessment of your precious metals.

Once you are provided with an assessment, you can take some time to think it over. However, it must be noted the price of gold is dynamic, meaning it constantly fluctuates so offers are subject to change based on the current price. So don’t be so quick to accept an offer from another gold buyer in West Auckland or anywhere else in the Auckland region; schedule an appointment with us and you will likely find we either match or beat competitors’ offers.

West Auckland Gold Buyers - Trusted Gold Buyers

The Family-Owned Gold-Buying Business You can Trust

Our family-owned business is able to offer fair prices for gold in West Auckland partially because we keep overhead to a minimum. Instead of investing in flashy storefronts, we pass on the savings to our clientele. If another New Zealand precious metals business is willing to pay a higher rate, relay the written offer to our office. As long as the offer provides a detailed description of the precious metal in question, proof of a purity test, and its exact weight in grams, we will do everything we can to secure your business.

No matter what we discuss in-person or through digital communications, all of the information will be completely confidential. We strive to personalize the gold-selling experience to the point that you think of us first the next time you have gold to sell. Our overarching aim is to exceed your expectations to the point that you are motivated to recommend Gold Smart to friends, family, and others in your social circle.

What Buyers Look For

Since at least the beginning of the year in 2020 gold buyers have been extremely active in New Zealand as well as the rest of the world with everyone from commercial buyers to private individuals moving at hyper speed to buy and sell. As it has historically, the latest run-up to a new value height has brought everyone out of the woodwork and not just folks wanting to jump in to buy as new investors.

High-value points on gold also bring out sellers who realize the increasing demand pressure presents a great time for current holders to release their gold holdings to receive the higher gain from their earlier buys. So, dealers and commercial buyers are just as busy on the receiving end as they are on the selling end of things, managing gold activity on two fronts at the same time.

In terms of comparisons, 2020 continues to be unique and unknown territory in terms of buyer behavior. The runups experienced has been an ongoing climb since 2016, and each dip has had folks wondering if that was the crest only to see gold’s value move even higher and stabilize. Many jewellery institutions and dealerships have seen their bookings increase on average well over 10 percent if not higher, and the pace seems to be increasing.

An interesting behavior trend is the fact that when momentary dips occur in the current rise, people tend to sell more scrap and more seems to get taken in to address demand. That in turn pushes demand even higher again and again. It seems counterintuitive, more supply should lower market prices. However, with all the price watching going on, each dip seems to send off alarm bells to scrap gold holders to unload, which in turn produces more gold on a very tight market to fill backorders. Folks sense a chance to buy in, and the price goes higher again.

Current instability has also been keeping gold buyers busy looking for new supply sources. Whether it’s the election time in the U.S., the resurgence of COVID in Europe, or the movements of China in Asia, all these issues drive heavy investors to seek gold as a safe haven from the instability of their other market options. That pushes dealers to seek out additional scrap supply to meet institutional demand. And they can’t keep up, which drives prices higher as well.

Why do commercial gold buyers matter so much? Doesn’t most gold come from mining? The truth is scrap gold taken in by commercial gold buyer make up 30 percent of the new supply that becomes available each year to the market. New gold from mining was flat in 2019 without any increase or change in production, which scrap gold increased in supply by about 2.5 percent. And that was before the 2020 COVID pandemic effect kicked in.

From the buyers’ perspective, everybody seemed to be cleaning out their personal lockboxes and safes and evaluating whether to liquidate the gold coins they had been given or inherited from five or ten years before to take advantage of the current high market prices. The same went for solid gold jewellery. The one exception to this behavior was in China. In a region that traditionally played a big role in gold consumption, China’s buying dropped dramatically as both social distancing as well as restricting pending to essentials was widespread, dramatically dropping demand in that part of the world market.

To run a viable commercial operation buying and selling gold, a gold buyer has to make the math work in his or her favor by selling a higher price point than what the gold was bought for. That said, no one will sell gold extremely far below market price as the competition will pay more. So, buyers have to maintain a balance between what is an appropriate but fair portion of the market price point offered to individual sellers versus what the buyer needs to maintain operations and make a profit as a business. Once taken in, the gold is melted down, purified, and recirculated as gold bars for either investors or commercial users to turn into new coins, products, or industrial applications.

All types of gold are eligible to bring to a gold buyer for scrap gold. That can include anything from jewellery to fixings to watches to accessory placements. However, the key factor is that the item needs to be solid gold. Gold-plated items obviously would not be accepted, and items with mixed material placements in them will not be accepted either (it’s too much work to fuss trying to separate the gold from the other elements involved).

The point for the buyer is to take in as much scrap gold at a reasonable price as possible so that it can be bulked, sorted, melted, and recirculated for revenue. The sorting is generally based on the quality of the gold, with 24 karat gold being worth far more due to greater purity than 10 or 12 karat gold. Note that the quality of the gold doesn’t necessarily dictate demand, just the price paid for it. There are many applications for lower karat gold. For example, men’s rings tend to be made from lower karat values because they retain greater strength and don’t bend as easily with daily use.

Technically speaking, just about anyone can be, in practice, a gold buyer. One just has to have sufficient cash flow to afford the purchasing involved. After that, much of the issue is the bargaining between the buyer and seller as to what will be bought and how much. However, gold buyer Auckland experts tend to be commercial operations who have invested both in the training, equipment, and operations to function as a bona fide business in New Zealand.

Even still, there is a range of buyers within this category as well. The commercial buyer environment for gold can include any business from a pawn shop to a general second-hand good to a jewellery shop to a special gold dealer to a gold refiner. For the most part, individuals selling scrap gold or second-hand jewellery tend to deal with everyone but refiners. While refiners will buy from private individuals, they are looking for large lots of gold, not single pieces per se. These they can source from the other players in the commercial buying spectrum far more efficiently.

Multiple Ways to Invest in Gold

To understand the nature of differences between buyer types, the following is provided:

  1. Refiners These are the players who take lots of bulk gold and do most of the melting and conversion of the material to bars. While there are two types of bars available to investors, minted and cast, refiners are oftentimes the producers of second-hand gold in cast bars. The melted material is purified and poured into casts of various sizes, and the gold is then resold to commercial buyers and bulk investors who are looking for large supplies in single purchases. As noted earlier, refiners don’t generally deal with private individuals much; their bread and butter come from other commercial players who aggregate scrap gold into larger lots that refiners can easily work with.
  2. Specialized Gold Buyers Specialized New Zealand gold buyers are businesses that are dedicated to the precious metal market. They frequently take more than gold, but the yellow metal tends to be the biggest part of their business in terms of revenue. Silver, palladium, and other precious metals are often taken as well. Again, the criteria for these players is that the items bought are solid precious metal and not mixed or plated, which is just a thin surface bonded to a common metal. Specialized gold buyers typically offer multiple services, both in terms of buying and selling gold bullion products, as well as providing storage services as well and storage products like safes. Some dealers, depending on the size of their operations, may even engage in melting as a refiner as well, combining both types of market players in one business. The big difference, however, is that specialized gold buyers specifically deal with individuals as their primary customers along with other businesses. So, these are some of the most professionally gold buyers to work with if you have scrap gold to sell.
  3. Jewellery Dealers – Due to the fact that jewellery dealers by their very business nature handle new and resold jewellery and fine items, they will regularly handle gold jewellery as well as some level of bullion, most often in the form of coins. Their primary focus is on the jewellery side, but dealers have regularly been involved in taking in scrap gold as well and paying private individuals for the same. It’s rare for a jewellery dealer to also be smelter, but on occasion, some dealerships also manage and melt scrap gold for bulk supply or to resell to jewellery makers. These businesses, when they do buy scrap gold, are very well-informed and price accordingly with enough of a difference to make it profitable for their operations, but gold-buying is not their primary business focus.
  4. Pawn Shops – Being in the business of making a profit by lending people quick sums of cash, pawn shops take in all sorts of goods that have obvious and marketable value to them. The primary goal of a pawn shop is to make a significant profit on the loan provided. The personal loan made is often secured by the valuable item brought in as consignment. Pawnshops regularly have both fine jewellery as well as bullion items in the form of coins. They rarely have bullion bars. Where a borrower does not pay the loan back or outright sells the items to the pawnshop for cash, the pawnshop then turns around and tries to sell the items to new private buyers for a higher price point. Gold bullion coins and jewellery move well, but they are priced extremely high in a pawn shop versus what one could buy them for through other channels. Because their intake market is so varied, buyers generally don’t have expertise in gold, but they do know how to test for it and how to drive the price down to make a big profit on the purchase. As a result, pawnshops generally don’t make a good buying avenue for a private seller looking to make a reasonable sale on scrap gold.
  5. General Second-Hand BuyersThis category includes all sorts of outfits ranging from “hotel” buyers to payday cash loan shops. Many of these are side operations where the business has realized there is a potential to make money buying gold from private persons and reselling it in bulk. These shops frequently don’t try to resell items individually like a pawn shop does. However, similar to a pawn shop, gold is not their primary focus. So, to make sure they don’t overprice an item, general buyers oftentimes mark well below market price to ensure a good profit. Again, this is not a very good channel for a private seller, but these characters often make business from folks who need cash right away. Hotel buyers operate the same way with the same profit focus, but they generally show up in town, advertise their buying at a hotel or temporary location with cash in hand, and then they disappear a day later after purchases have been made. What is paid is frequently well below market price.

Your best gold buyer Auckland resource, by and large, will almost always be a specialized gold buyer like Gold Smart. Our services include expert buying teams and specialists who can easily help you understand the scrap gold sales process and have no issue working with you in-person or online for the same. Because Gold Smart has been a long-established gold buying business for years, we have a strong reputation and service reference in fair treatment of all our customers large and small.

And we offer the benefit of combined services, including buying and selling gold bullion, storage services, and sourcing as well. As noted above, there are multiple channels and buyers in New Zealand, but when you really think about it, one of the safest and best paths for gold-selling is a very simple answer in the crowd: Gold Smart.

Best Time to Sell Gold

Biting Gold Coins: Testing in the Old Days

Many people are curious to know why in the old days it was common to bite gold coins – or other kinds of items made of gold – to confirm whether or not they were real. This practical and crude method was used for the authentication of gold since this metal is very malleable.

Thus, it was easily recognized if certain objects, especially the coins as payment or compensation for any service, were made with this metal or just looked like it was. If a person bit a coin and verified that the bite mark was printed in the currency, this meant that the money was real (or soft enough to be gold).

Modern Methods of Gold Coin Testing

Today the practice of biting gold coins seems unhygienic and imprecise. However, centuries ago the technology and processes to accurately determine gold purity were not available to the average person – making identification of real gold a genuine concern.

Modern methods to confirm if jewellery is real gold or fool’s gold is by checking for hallmarks and gold stamps. These are required by law in most countries and will show the gold purity, for example, 18k means that the piece has 75% of gold. Gold is also non-magnetic meaning if you put a strong magnet close to the item it won’t be attracted to it.

Another test some people perform is rubbing the gold item on a smooth white wall. If it is real gold the wall will have a dark mark. But who wants to risk damaging their wall or even their jewellery?

Sell Gold Online

Say Goodbye to Biting Gold Coins

Our specialized team at Gold Smart will confirm your jewelry is authentic by checking the stamps on the items, performing a magnet test, making acid tests, and several other methods as required.

It’s best not to damage your walls by rubbing jewellery on them or biting coins risking getting a broken tooth. If you have some gold or silver pieces you want to sell, bring them to us. We will test it for you and make sure you get a great price for your valuable gold and silver items.

Sell Gold in Mount Eden with Gold Smart Gold Buyers.

Mount Eden is unquestionably one of Auckland’s most beautiful areas. Just about everyone who lives or visits this area is impressed with the atmosphere, aesthetics, and quality of people. Plenty of Mount Eden residents have gold in the form of jewellery, coins, bullion, and other items simply because it is a fairly affluent area. If you live or work in or near this gorgeous part of Auckland and have gold of any sort, it is time to consider selling.

Gold Smart is Mount Eden’s Preferred Gold Buyer

Mount Eden residents have grown to trust Gold Smart for good reason: we provide a welcoming gold-selling environment in which customers feel absolutely no pressure. You can meet with our team, get an appraisal on your gold item(s) and walk away without selling your piece. In fact, we can even appraise your gold by way of mail and send it right back if you do not like our quote. Ask around town and you will find Mount Eden residents are ecstatic with our prices as well as our customer service.

Cash for Gold

Mount Eden has more than its fair share of things to do. Take a moment to think about how long you have had your gold and what it has done for you. If you are like most people, you would prefer to use the value stored in your gold to do something fun around town. Sell your gold to Gold Smart and you will have the cash you need to live life to the fullest in Mount Eden. Take the proceeds, spend a night out on the town, buy your sweetie something lovely, put the money toward a vacation or something else nice. Each of these options is better than letting the gold collect dust in your Mount Eden basement.

Sell your gold items to Ponsonby Gold Buyers

Gold Selling Made Easy

We make it as easy as possible to turn your gold into cash. You can give us a call to coordinate an appointment where our precious metals experts will appraise your gold item(s). Arrive for your scheduled appointment, meet with our team, pick our brains and consider our offer. We will not be offended if you decide to take some time to think it over. However, plenty of customers are quick to accept our offers as we tend to provide higher quotes than the competition. Part of the reason why we are able to pay so much for gold is we do not spend an abundance of money on lavish niceties for our physical office/store. We would rather have the money go into your pocket.

Alternatively, you can sell gold in Mount Eden by mail. Send in your gold for appraisal or meet with us at an independent location. You can even request a free courier pack so you can simply place your gold inside, mail it in for review and make your decision. You can also mail in your gold for appraisal with your preferred mailing option if you are not enthusiastic about the courier pack option. The point is we are flexible and more than willing to find a way to get cash in your hand.

Contact Gold Smart Today

If you have gold of any sort in Mount Eden, we are interested. Give us a ring at 0800 465 376 to learn more about your gold selling options in Mount Eden.

Gold Jewellery Can be a Big Financial Boost

Valuable Trade Currencies

In human society, we have developed various systems and methods for trading goods and services. Over time, most cultures have come to use paper money as the preferred method to exchange value. Paper money is light, portable, uniform, and generally non-degradable.

In some places in Africa, shells were used as currency. Ancient Roman soldiers were at times paid in salt (“worth their salt”). There were also societies that had used a type of seed as a symbol of value. The difficulty with all those items was that once they have turned into a symbol of value, it may have been easy for people to find, make, steal, or collect more.

Normally what gives things value is how scarce, unique or rare they are and if the unit of currency is in plentiful supply (or becomes so) then inflation may occur. Meaning two carts full of shells (or paper currency) are now required to trade for a wagon of wheat.

Gold – The Most Dominant Metal

Precious metals are different – it’s hard to get more. This creates control over how much is available to everyone (supply and demand). Value is influenced by how much can be mined every year and how much is coming onto the market for sale. Gold’s excellent properties and aesthetic appeal have made it highly popular in jewellery and electronics.

Gold is the most malleable of all metals, it does not corrode and it’s virtually indestructible. Almost always found in pure form in nature it calls attention to the beauty of its colour and brightness. For these reasons, gold in ancient Egypt was already the favourite material for the manufacture of jewellery and other ornaments – and since then has never ceased to be associated with symbols of prestige and power.

Their rarity also makes it extremely valuable. If these metals were in abundance, this would not happen. Gold was only adopted by England in 1821 – before then silver was the monetary metal. About 40% of the world’s gold came to be reserved by central banks of the richest nations, to guarantee their money’s worth.

Sell Gold Sovereign Coins in New Zealand

Good Time to Sell Gold

With prices up again now is a great time to make extra money from selling your old unwanted jewellery. The New Zealand dollar has also been showing signs of weakness, pushing the price of gold and silver even higher.

Call Gold Smart today and book an appointment with us. Our friendly and professional team will be ready to assist you in selling your items in an easy and transparent way.

Sell gold jewellery in Parnell, Auckland.

Parnell gold sellers need not look any further than Gold Smart for the best prices and customer service. Gold Smart is a family-owned business worthy of your trust. Our staff is here to answer your precious metals questions, appraise your pieces and provide you with the best possible deal. We understand the intricacies of the gold and silver markets better than the competition. Lean on our team to evaluate your gold and/or silver and you will find the interaction to be enlightening and fruitful. Our aim is to fill your pockets, answer your questions about precious metals, and ultimately have the interaction prove mutually beneficial.

Get Cash for Your Gold

We make it easy to turn gold into cash. If you are interested in having your precious metals appraised in-person, schedule an appointment and we will set aside time to devote to you and your gold/silver. There is absolutely no cost to have your precious metals appraised. Nor do we charge any fees for payment to be transmitted to your account. The entire gold selling process is completely free. You have absolutely nothing to lose by bringing your precious metals to Gold Smart for an appraisal.

Even if you do not look forward to driving to our office, it is well worth the time and effort as the conversation you have with our precious metals dealers will prove quite informative. The decision to sell your precious metals or hold onto them is ultimately yours. Give our gold buyers Auckland the chance to appraise your precious metals you will find the time investment is well worth it.a

Parnell Gold Buyers - Selling Gold

How to Sell Gold in Parnell

If you do not want to meet with us for an appraisal at our office, you can still sell your precious metals to Gold Smart! We provide a no-cost proprietary courier pack so you can send your gold items for appraisal without incurring a fee. Send your items to us and we will appraise them as soon as they arrive. This process is easier than most assume. All you have to do is fill out our enquiry form for a courier pack, place your items in it, seal it and transmit it to our office for an appraisal. As soon as your pieces are assessed, we will let you know the fair value and a quote. Accept our offer and the money will be deposited in your bank account within a day’s time. Opt to keep your gold and we will send it back on the following business day at no cost to you.

If you are not interested in having your especially valuable, large or numerous precious metals evaluated in person or by way of mail, we will coordinate a time and location to meet with you. We can meet in a public setting or at your home. The bottom line is you should have all of your gold items appraised so you know exactly what they are worth.

Cash for Gold is a Phone Call Away

If you are even slightly interested in selling gold in Parnell, contact Gold Smart today. Give us a call at 0800 465 376 or reach out to us through our website’s LiveChat feature. Our gold buyers Parnell will guide your through the selling process to make it as smooth, fast and informative as possible.

Queenstown Gold Buyers Gold Smart

Queenstown has been a hotbed for gold buying and selling since the early days. Rewind time back to the mid to late 19th century and thousands of prospectors were in the area, searching for gold. In fact, miners were brought in from other countries to search for the valuable metal.

Queenstown’s Gold Rush

Queenstown’s population soared upwards of 400% from 1860 to 1864. New miners and prospectors continued to arrive even though there was a widespread gold strike in 1862. In the fall of that year, Harry Redfern and Thomas Arthur went on an expedition along the Shotover River’s banks. The pair found an abundance of gold. In fact, their finding is now referred to as the Arthur’s Point strike. It spurred the largest gold rush in Otago history.

All in all, the area’s miner population reached its peak in the winter of 1864, topping out at a total of 18,000. About 5,000 of these miners were Chinese. These men were brought in to work along the Wakatipu Basin. By the time 1900 rolled around, much of the area’s gold was gone. Many of the miners moved on to new sites. However, Queenstown is still one of New Zealand’s top vacation destinations.

Sell Gold in Queenstown

If you have gold you would like to turn into cash, look no further than Gold Smart. We are interested in your gold, whether it is from Queenstown or elsewhere. Give us a call to schedule a consultation during which we will review your gold pieces, provide you with a quote and discuss the nuances of precious metals (if desired!).

Meet with our gold experts and you will find we are cordial, honest, and knowledgeable. We will give you fair value for your gold. You can use this money to improve your life in all sorts of different ways. Just about anything is better than letting your gold or other precious metals remain in the closet, basement, or attic.

Gold Buyers in Queenstown - Types of Gold

We buy Gold of all Types

Our Queenstown gold buyers are interested in your gold regardless of its condition, age, or other characteristics. It can be an old gold necklace, an out-of-style gold bracelet or earrings, gold bullion, gold coins, or any other type of gold. Our team will even give you a quote for scrap gold. All you have to do is reach out to us to schedule an appraisal and we will tell you exactly what your gold is worth according to current market rates. So don’t assume your old or ugly gold won’t fetch a nice price. Our gold buyers pay top dollar for gold regardless of its aesthetic and age.

Contact Gold Smart Today

If you are thinking about what you could do with a pocketful of cash instead of that dusty old gold, reach out to Gold Smart to schedule an appointment. We will give you fair value for your gold items. You can reach us by dialing 0800 465 376. Give us a call before you drop in so we can properly prepare for the appraisal.

Gold Buyers Wellington, Gold Smart

Selling gold in New Zealand is easier than most assume. Gold Smart sweats all the small stuff so you don’t have to. All you have to do is bring your gold items in or send them to us for an assessment and you will be provided with a highly competitive quote. You can take your time considering our offer and make the decision that is best for your budget. Here’s a look at some of the items our gold buyers team is interested in.

Looking to Sell Gold in Wellington? Gold Smart’s Gold Buyers Have the Cash You Need

We are interested in just about everything that has gold. Even those seemingly random items you own that contain gold are likely to spur an offer. Anything from scrap gold to gold sovereign rings pique our interest. If you own any type of sovereign jewellery that you no longer wear due to its size or outdated style, bring it in to our Gold Smart Auckland office, or we can arrange insured shipping.

We will convert that sovereign ring into cash that you can use for any purpose you desire. Though your sovereign rings are no longer be chic, cash certainly is! So bring your sovereign rings, scrap gold and any other gold items you own to Gold Smart to find out exactly how much money they will fetch.

Don’t Trash Those Old or Ugly Items if they Have Even the Slightest bit of Gold

A surprising number of people toss out their old items that contain small amounts of gold. People assume scrap gold and items with minimal amounts of gold have no value. In reality, these items are worth good money. Send your gold items in and our team will assess them. Call ahead to schedule an appointment if you are in the Auckland area and we will provide an offer in surprisingly little time.

We buy just about every type of gold. Whether it is scrap gold, a broken piece of a gold necklace, aged gold coins, dental fillings or gold earrings, we will make an offer. As long as you have real gold, you will walk out of Gold Smart with a nice bundle of cash in your pocket. So, don’t assume those ugly or old pieces containing gold are worth pennies. Even if those items are severely misshapen, broken or tarnished, they will capture the interest of our gold buyers.

 Gold Buyers Wellington - Gold Jewellery

South African, Chinese and Indian Gold

Plenty of people have Indian, Chinese or South African gold collecting dust in the closet or basement. In some instances, these gold items were received as a gift. Sometimes, Chinese gold is provided by a family member as a component of a savings plan. Perhaps you have South African jewellery containing gold. We are interested in paying cash for all of these items.

There is no sense in keeping such gold items around if you rarely use them or put them on display. We will pay cash for your high-carat Indian pieces, whether they are 24ct, 22ct or 18ct. The same is true for high-carat Chinese gold, 9999 pure Chinese gold and all South African jewellery containing gold. Bring these items to Gold Smart, walk out with a wallet full of cash and go have fun!

Contact Gold Smart Today

If you are pondering whether to sell Gold in, do not hesitate to get in touch with our team. Our team will answer your questions, address any concerns you might have and provide you with a fantastic quote for your gold. You can reach us by dialling 0800 465 376. We can also answer your questions with our website’s Live Chat feature conveniently positioned at the top of our homepage.

Epsom, Auckland Gold Buyers

To say Epsom gold owners are in a good position would be a dramatic understatement. Gold Smart is ready and willing to pay top dollar for gold in Epsom. If you live in or around this area, we encourage you to schedule an appointment for a review of your gold items. You just might walk out of our building with a bundle of cash in your pocket and a smile on your face.

The Epsom Gold Buyers You Can Trust

Gold Smart treats customers like family. This approach to the general public is a reflection of the fact that our business is family-owned. You can bring your gold to Gold Smart and have no doubt you will receive a fair offer. This means we are more than merely licensed gold buyers looking to make a profit. We are also quite proud to be a part of the community. We strive to make money while satisfying customers and improving the local economy. Gold Smart’s aim is to please our customers to the point that they return for additional business across posterity.

Cash or Gold? The Choice is Yours

Take a moment to think about how nice it will be to have a wad of cash in your pocket and all day to spend it. This hypothetical scenario can happen if you bring your gold to our office for analysis. After all, your gold is likely not doing much for your or your family at the moment. It likely remains in the jewellery box, basement, closet or attic until a special event rolls around. Yet some gold items have gone out of style and do not serve any purpose at all. If your gold is taking up space, there is no sense in letting it simply stay there when it can be turned into money.

Epsom Gold Buyers - Types of Gold

High Prices for Gold of all Types

Ask those who have sold their gold and other precious metals to our team about the price they received, and you will find it is quite competitive. We are especially proud of our reputation as Epsom’s fairest appraiser. In fact, we even go as far as matching offers from other reputable precious metals buyers. All you have to do is let us know you will be dropping on in with your gold items and we will prepare for the appraisal. So, don’t immediately accept a competitor’s offer. Our Epsom gold buyers’ offer will almost certainly beat those of other precious metals merchants.

It is Time to Turn Your Gold into Cash

Gold of any age or condition is worth good money. It could be an outdated necklace, a broken bracelet, coins, bullion or nearly anything else. As long as it has gold, we are interested in it. Reach out to us today to coordinate a meeting for an appraisal. We will review your gold item(s) provide a fair offer and hopefully send you on your way with plenty of money. You can reach us by dialling 0800 465 376.

Gold Krugerrand Coins

With the economy in the United States, Europe, and, for that matter, most 1st world countries struggling, many consumers are looking to gold as a secure way to invest some of their money. Gold has a unique and solid history of excellent returns, is nonperishable, and can be used in practically any country around the globe.

Investing in gold usually means purchasing either gold bars or gold coins and one of the most popular and prolific gold coins is the Krugerrand.

The Krugerrand is the only gold coin that is minted in South Africa and is actually one of the most successful gold bullion coins ever produced. In December of 1974, they first started being imported into the United States (after the right to own and buy them was granted by the US government). Since that time the American Congress has actually put new and different prohibitions in place due to the problems with apartheid in the country although, with an estimated 22 million of them already in the country, an active market continues to grow there. Currently, the United States is the most active Krugerrand market.

Here in New Zealand, as in the US, millions of people purchased Krugerrands as a hedge against inflation and, just as in the US, they are extremely popular and prolific here. Indeed they remain one of our country’s favorite gold coins for investing bargains. If you’re keen on buying or selling these prolific and valuable coins, there are a few things that you need to know.

Gold Krugerrands come in 4 different sizes

Unlike many other gold coins, the Krugerrand comes in 4 different sizes including 1 ounce, ½ ounce, ¼ ounce, and lastly 1/10th  ounce. Interestingly, all four of these coins carry the same exact design on their face and back but the 1 ounce is far and away the most popular. Unlike some other gold coins that have smaller denominations, the smaller Krugerrand coins are usually valued significantly lower than their 1-ounce counterparts. It should be noted that in South Africa Krugerrands are legal tender coins that are still used there on a daily basis for all types of purchases.

Today there is an active Krugerrand market not only here in New Zealand but in many other countries and literally, thousands of them change hands on a daily basis. It should be noted that the specific date of minting has very little relevance on the value of any Krugerrand coin and that, when seeking to buy them, a seller’s claim that their coins are more valuable due to the mint date should be ignored and that seller possibly avoided.

You can certainly sell your Krugerrand coins in any market that you wish but, due to their excessive weight, shipping and handling can be quite expensive. It’s, therefore, best that if you are looking to sell them in New Zealand you find a New Zealand buyer.

Where can you find the best buying price for Gold Krugerrands?

Why, here on the Gold Smart Website, of course! Simply put, we pay the highest rates in New Zealand for your Krugerrand coins, hands down. If you’re keen on checking this fact, simply Google our name and you’ll find a multitude of testimonials all over the Internet saying exactly that.

Not only do we have the best prices but also the knowledge and information that you need to make a smart and educated selling decision. To that end, if you have any questions or would like advice about selling your gold Krugerrand coins please drop us a note and we’ll get back to you with info and answers ASAP.

Gold Partner Network at Gold Smart

At Gold Smart, much of our business comes from happy customers referring us to their friends and family to sell gold.

And we thought why don’t we reward referrals?

The result is our new GOLD PARTNER Affiliate Network where you can get rewarded for every person you refer to us that sells gold!

The simple new GOLD PARTNER system means when you help people get the best prices for their old gold jewellery you get rewarded with cash!

If you refer 5 people to Gold Smart that sell gold and the average purchase is $1,000 then you make $500!

It’s that simple.

Smart people get in early and this is your golden opportunity to make some extra cash in these tough economic times.

Seize the Gold Partner Network Offer Now and Be Rewarded

The Gold Smart GOLD PARTNER Network is now open to limited numbers so please contact us ASAP if you are interested in making the most of this fantastic opportunity.