Investing in Krugerrand Gold Coins

It’s called the “annual reset”, and is a feature made available inside a fixed index annuity (FIA).

The annual reset feature allows you to earn index credits, similar to interest, on a one year time frame.

Date DJIA start DJIA finish % change Credit Ending value

Without the reset feature, you would gain credits of about 8%, or $8,000 after year one. The market does well, rising 2,000 points to 13,000. 1967 was the first year that Krugerrand gold coins were first minted in South Africa. The krugerrand gold coins were minted for gold ownership but they were also used as the currency. For that reason it was minted in a durable gold alloy which is why it is a slightly darker shade of yellow compared to the other gold bullion coins.It is the current spot price that gives krugerrand gold coins there value, unlike other gold bullion coins which also have a face value. 90% of the gold coin market was the krugerrand in 1980. Britannia Gold Coin, Canadian Maple Leaf, American Golden Eagle, Australian Nugget.

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