First Choice Gold – We Sell

At First Choice Gold we sell genuine Krugerrands and Diamonds at wholesale prices. We will guarantee you competitive and affordable prices for these commodities, so if you are looking to invest in Krugerrands or pick up diamonds at wholesale prices then come down to one of our First Choice Gold branches in Johannesburg, Pretoria or Cape Town.

Time for a history lesson! The Krugerrand was first minted in 1967 and introduced to the South African market. The idea behind the Krugerrand was to encourage private gold ownership of everyday citizens. As a result, the Krugerrand was given legal tender and made currency which is unusual for bullion coins. Nevertheless the Krugerrand has become a revered and highly collectable coin, not just in South Africa, but around the world. In 1980 the Krugerrand accounted for 90% of the global gold market and it is estimated that Krugerrands containing 46 million ounces have been sold to date.

There are variations of Krugerrand coins, but there are two distinctly different kinds. These are namely bullion and collectors coins. The South African Mint Company produced a limited edition of proof Krugerrands which were intended as collector’s items. These collector’s coins are priced above the gold bullion value and can be identified by the number of serrations on the edge of the coin. Now, while a collector’s coin is worth more than your standard gold bullion the seller would need to find the right buyer to sell the collector’s coin at the desired price. At First Class Gold, we deal specifically in bullion coins, and can guarantee you that our coins closely follow the gold price which we track on an hourly basis.

Not only do we sell those precious Krugerrands, but First Choice Gold also sells diamonds at a wholesale price. We have an extensive collection of loose diamonds of all different shapes and sizes waiting for your approval. We ensure that all of our stones are of the finest quality and we are constantly updating out stocks with regular trade-in business.

If Krugerrands or precious diamonds are what you are looking for then you know where to come. First Choice Gold has branches in Johannesburg, Pretoria and Cape Town and we’re always up for a chat. Pop in and browse through our extensive inventory to find the piece that is perfect for you.