Investment in gold is an intelligent strategy to diversify your portfolio during any economic climate and makes perfect sense during the unpredictable financial times we're all experiencing. Arguable gold price sometimes moves independently of established investment vehicles and thus offers a magnificent hedge against inflation. One of the more popular ways to hold gold is via gold bullion coins like Gold American Eagles or Canadian Gold Coins but don't forget about the granddaddy of them all; Krugerrand gold coins.
The South African Mint Company minted the world's first gold bullion coin, the Krugerrand, back in 1967. Originally the coin was proposed to be used as currency therefore why it was made using a better long-lasting gold alloy, unlike most other gold bullion coins. Krugerrand Gold Coins are minted from a gold alloy that is 91.67% or twenty two Karats. The remaining weight of the coin (8.33%) is copper which lends the coin an additional orange appearance. The kurgerrand is so known as the obverse of the coin bears the face of four-term statesman Paul Kruger, previous president of the old South African Republic.
The Krugerrand gold coins up to current times has had a very troubled history due in main to the global economic sanctions imposed against the South African government for its apartheid policies. This made the coin an illegal import in many countries but did not appear to dent the attractiveness of the coin either as an investment or part of a larger coin collection. Actually the Krugerrand led to many other gold producing countries minting their own gold coins like the American Gold Eagle, the Canadian Gold Maple Leaf, & the British Britannia Coin are a few of them.
As with many other silver and gold bullion coins the Krugerrand is a pretty liquid investment. Liquidity is of great advantage for investors as it basically means how quickly you can convert your asset into cash. You can go to many coins sellers or sites and quickly sell your bullion or numismatic coins into cash. That is as compared to other types of investment like property and real estate which aren't easily converted into cash and therefore less liquid.
Gold bullion coins are truly the first investment to consider as a great addition to your portfolio. It is, after all, the antique metal of kings globally famous for its long history as a store of value and safe haven investment. Together with the ever admired and more obvious gold bullion coins available do not forget to consider Krugerrand gold coins.