“Limited Mintage” Krugerrand...

[Mike]

Here’s an interesting one, Browsing yesterday, I found the following Krugerrand on BNT’s website yesterday.  It says limited edition of 1000 coins worldwide, which is consistent with the South African Mints figures for PROOF coins.  However the quality per the BNT site is circulation quality.  I telephoned them yesterday and they have come back to me today to confirm that it is BULLION grade but still limited to 1000 coins worldwide!  I suggested that they might like to go back and check their facts. The pricing is c20% above spot, way too much for a bullion coin and about 20% below the South African Mint pricing for a proof coin.  

IMHO a very misleading description

https://www.bnt.org.uk/krugerrand-2018-1oz-gold-coin

 

[RoughDog]

Krugerrand is not 24 carat gold as far I'm aware, hence it's colour. The site has the carat wrong, can't trust the other info.

[Tingles]

22 carat ... 91.67%