FAQ’S
Krugerrands are the most widely held gold bullion coins in the world. The Krugerrand is a practical and classical coin and is still the best way to own gold since 1967. Krugerrands are commonly known to act as a barrier against economic uncertainties, currency devaluations and severe downturn in shares and stocks. As an internationally trusted commodity, having often provided financial security for personal wealth, Krugerrands remain one of the most successful of all bullion issues. They are durable and minted in 22 carat gold and are the easiest form of gold to transport and trade.
Silver offers the opportunity to move into true money, an actual store of value, with the potential for substantial gains in future years as its current cycle continues. Protect yourself and your family by acquiring silver with intrinsic value and insulate yourself from the wealth destructive policies of central banks.
Bullion Proof
Linked to the gold price Not linked to the gold price
Unlimited supply Limited supply each year
Quality: Shiny finish Quality: Matt finish & shiny background
No certification Certificate of authenticity issued with year of manufacturing and mintage
A Gold Krugerrand is 22 carat.
In order to test the authenticity of a Krugerrand, IBV Gold uses the Fisch Test – this tests the following in a Krugerrand:
Diameter: 32.77mm
Mass: 33.931gm
Thickness: 2.972mm
The weight of the coin is also tested.
Yes, we have branches available in London, Switzerland and Dubai. Our experienced Gold Portfolio Managers can assist clients with the purchase of gold.
A legal tender can be known as coins, paper money, or other currency issued by a government and used as money. The legal tender value of a coin is the redemption value placed on it by the government.
EFT: No extra charge. Original proof of payment must be submitted within 1 hour of the order being placed and coins are released once payment has reflected in IBV’s bank account.
Credit card/Debit card: a 3.5% service fee is payable.
According IBV Gold’s policy, we require FICA documents for internal purpose.
Delivery can take 3 to 5 working days, depending on your region and stock availability. We will confirm once your order has been dispatched.
Collection can take place from one of our IBV branches in Durban or Sandton. IBV will only hand over stock once funds have reflected in our bank account and is dependent on stock availability.
IBV International Vaults provides safe and secure vault storage facilities, both nationally and internationally, to store gold. IBV International Vaults offers clients peace of mind by ensuring the strictest and safest regulations for gold storage.
Gold Krugerrands are legal tender coins, therefore they are zero-rated.
IBV Gold buys back Gold and Silver Bullion and Bars.
