The reason is evident. As far as gold bullion goes, Krugerrands are abundant. The main reasons are: There is plenty of anecdotal and factual information about the mintage of real gold, not genuine gold bullion. or Best Offer + EUR 5.00 postage. Thus, plagiarizers attempt to capitalize on the good name of the Krugerrand to both mint fake gold bullion (bullion with no-gold content), and non-genuine gold bullion (bullion with gold content). We look forward to doing business with you. I have seen many. Are they fakes? Yes, it is a fake. The idea is that such bullion will not be scrutinized much because of the brand name “Krugerrand”. The more I think about it, the more irritated I get. Those gold coins are of actually very good mintage quality, very hard to distinguish from the genuine American coins. The creator of the Fisch responded via email, here it is courtesy of the Kitco Forum: Thanks for writing. Specifically eBay recommended Numismatic Guaranty Corporation (NGC), and Professional Coin Grading Service (PCGS). This is not just trivia, but the means you can use to identify a fake Krugerrand. For a number of years, false Krugerrands were produced and manufactured in China. One Ounce Troy (1ozt) gold Krugerrands are the ideal gold bullion product to plagiarize. ?? or Best Offer. Identifying a fake Krugerrand is not an impossible task, in fact most people can conduct some simple tests themselves and find the majority of fakes fairly quickly. Free international postage. The 1967 krugerrand was the first year of issue. ?? By 1980 the Krugerrand … I understand that it's not a 'Krugerrand… If you are thinking of buying some gold Krugerrands, South Africa's official gold bullion coins, then it'd be a good idea to become familiar with this unique coin. Cheers Andy, Hi I see and have bought 40mm krugerrand coins on ebay. A fake almost weighs the same as a real Krugerrand with the same … The krugerrand is one of the World's most famous gold bullion coins. In the early 20th century, American fractional gold coinage such as Quarter Eagle Indian Head, and Liberty Head coins were minted in other countries without US Mint approval. First produced in 1967, the Krugerrand was the world’s first modern bullion coin. Buy Tungsten Krugerrand today bullion [at] privatdemail [dot] net. ???? gold plated 1967 krugerrand. This was not the case with the 1967 Proof Krugerrand where the reeding was the same as the Bullion Krugerrand Gold coin and only the fields were mirror finished. On top of that, the 1ozt Krugerrand is arguably the best seller of the gold bullion industry. Mintage of the 1ozt gold Krugerrand started in July 3rd, 1967. ??? Fake Krugerrands and other gold bullion does exist, It is always a good idea to test and inspect gold bullion acquisitions closely prior to paying, Non-genuine real gold bullion is worth its scrap gold value because it has to be sent to the refinery, Remember that in the gold business “it is easy to see what you want to see rather than what is in front of you”, Do not re-sell non-genuine gold bullion – Scrap it. The surface had trace amounts of iron, manganese, and silver in addition to gold. Because gold is so dense, it's very difficult to replace with a less valuable metal and still have a passable fake. I have just recently started buying gold for resale to gold dealers. The counterfeiter is depending upon his skill and the buyer's trust, coupled without the hope that the buyer won't vet the fake. ????????? The chosen vehicle to drive the demand was the Krugerrand, which was developed in the 1960s by the Chamber of Mines of South Africa, working closely with the South African Reserve Bank and the South African Mint. Originally minted in 1967, this beautiful Gold South African Krugerrands coin comes from the South African Mint. 4. Hey, thanks Fred, that whole thread is an interesting read, and then some. The obverse shows the portrait of the eponymous Paulus ("Paul") Kruger (1825-1904) who was President of the South African … To further my knowledge about the situation, I took the non-genuine Krugerrands to the refinery to be assayed by themselves. Markets: Why Does Gold Goes Up in Value? Great post. https://www.kitcomm.com/showthread.php?t=40775. Maybe it's the color- or something about the size that's just off. ?, ?? Fineness: 916.7. Here is an app for an iPhone which detects fake Krugerrands by its sound: http://georiot.co/45jC, Nice thread, ive just bought some krugerrands and at 40mm should be fakes etc as the real deal is 32mm approx., so ill see when they arrive and let you know. 1967 - Present (Random Year) South Africa 1 oz Gold Krugerrand In CoinFolio Coin Flip 1 OZ Brilliant Uncirculated. Imperial gold is hard to work with because of its composition, which is 22 parts gold, 2 parts copper, out of 24 parts. The Krugerrand is a South African coin, first minted on 3 July 1967 to help market South African gold and produced by Rand Refinery and the South African Mint. If there aren't any on eBay you can order wallet #2 for Krugerrands online from Fisch. A guy on eBay, who uses the name “slomskicorp”, claims that he has a supply of Fisch Wallets bought from a dealer who was going out of business. The Krugerrand … Most people don’t pay as much attention to gold coins as dealers do. The counterfeiter is depending upon his skill and the buyer's trust, coupled without the hope that the buyer won't vet the fake. ?????????? ???? Identifying a fake Krugerrand is not an impossible task, in fact most people can conduct some simple tests themselves and find the majority of fakes fairly quickly. ?????. You can check the gold Krugerrand price, for both dealers and on eBay right here on Gold Krugerrand Ferret. Here is what I am in the process of putting on the website: To protect yourself, only buy The Fisch from this website. Goldlike radioactive elements are not generally available for making fakes, and most of the other possible stand ins are expensive, hard to obtain, and difficult to work due to brittleness. The coin is made from 0.9167 fine gold and comes with a mirror-like proof finish. So now he is trying to backtrack. September 20, 2014 "We think we have even detected a fake … The Fisch is a precision instrument with a lot of care, time and money taken in its manufacture. There’s info on how to spot fakes here: bullionbible.com, Nearly bought 2 kruger 1 oz fakes in Durban. The only solution to counterfeit gold coins, if they are made of gold, is to melt them. Need to buy Kruger coins Without going into a lot of technical detail, specific gravity is a measure of how dense one substance is when compared to pure water, at a specific temperature and pressure (4° Celsius and one 1 ATM to be specific). ?, ????? The color was off when compared to confirmed genuine Krugerrands side by side. $ 1968 Proof Frosted bust and frosted reverse Krugerrand: 1,044 Shop Now! You can see if they're available by checking our Krugerrand Tester page. Most fake … 0 bids. Released in 1967, the Gold Krugerrand coin is an international symbol of wealth and prestige. $ 1968 Proof: Krugerrand: 8,956 Shop Now! $ 1970: Krugerrand… One of the features that distinguish the American coins from the others is that the dots in the designer’s initials are deeply imprinted into the gold, while the others are not as deep of are convex rather than concave. The Krugerrand was the original 1oz gold bullion coin, first minted in 1967. He kept a few fakes around the shop and was always happy to demonstrate his skill and let customers feel the difference. New listing 10 x Krugerrand 1967 South Africa 1 oz . 1967 was the first year that South Africa minted the famous 1oz gold Krugerrand. ????????. "The Krugerrand is one of the most popular bullion coin in the world with over 46 million ounces in circulation since its inception in 1967. ... $1,967… No minimum order I tested the rounds chemically, electronically, and by density. 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