Silver Krugerrand front of coin

The Silver Krugerrand – A bullion coin 50 years in the waiting!

When the South African mint first issued the one ounce Gold “Krugerrand” in 1967, it was very much a watershed moment in the evolution of the global bullion market.  With a diameter of 32.77 mm, and gross weight of 33.93 grams of 22 Karat Gold (net gold content, therefore, of one troy ounce), the coin depicted the African springbok on the reverse, with obverse portrait of the Boer statesman Paul Kruger.

Gold KruggerandThe timing for the Krugerrand’s introduction was ideal.  Not only did it stand alone for years as the world’s only available one-ounce bullion issue, it was not until January, 1975 that United States citizens could legally own gold in bullion form.  Thus, not only was there zero competition in any form from the American economic juggernaut, but these two factors combined to create a very keen appetite for the Krugers in North America.

Undoubtedly good quantities of the coin found their way into the U.S. covertly during this ownership prohibition, but when the floodgates opened in 1975, an estimated 22 million gold Krugerrands (or 822 tons of Gold!) were imported into the country in the ensuing decade. Ironically, this flow suffered a strangle-hold in 1985 as the United States (and other countries) prohibited the importation of the South African gold coins due to their relation with the apartheid regime of the time.

By this point, however, there was already new competition on the horizon with Canada’s own gold Maple Leaf in 1979, among others. Even into 1980, however, the Krugerrand commanded a remarkable 90% of the world’s gold bullion coin market.  Domestically, the Krugerrand still enjoys a loyal following in Canada to this day, however it now sits at a pricing disadvantage under our federal HST legislation, which – due to its non-pure 22K status, compared to our Maple Leaf’s .999 fineness – causes it to attract sales tax when sold within Canadian borders.

The Krugerrand would undergo a modest evolution over the years, with the introduction of fractional sizes beginning in 1980, as well as the availability of frosted Proof strikings for collectors.  As both a collector and dealer, however, one prolonged “missing link” in the extension of this classic issue continued to both disappoint and perplex me: namely, the availability of a Silver Krugerrand. Sure, I have a Sterling Silver “10th anniversary” Kruger I bought from some direct-marketing flyer in 1977, but it’s a smaller, paler reflection of the noble coin that should have joined the current myriad of world Silver bullion coins decades ago.

Now, however, the wait and lamenting is finally over. After my muted excitement at the introduction of a Silver Kruger in 2017 – only to discover it was an extremely expensive “collector” strike that few could afford – the noble 2018 Silver Krugerrand has finally been released to the masses of appreciative collectors and investors.

Sure, it may have taken half a century to materialize after the first introduction of its golden parent, however – as is very often the case – good things are truly worth waiting for.

Get Yours from Alliance Coin

We are delighted to have received an initial shipment of the brand new South African .999 fine Silver Krugerrands, and invite you to add one (or more!) to your collection at just:

$23. each (tax-exempt)   OR

$26. each, inclusive of postage to anywhere in North America

88 Mill Street, Almonte, Ontario, Canada K0A 1A0
Tel. 613-256-6785 | Visit our website

The next ebay sale is about to launch for AllianceCoin

The Return of Our “Weird & Wonderful” Sales!!

We are delighted to announce our next offering of interesting medals, tokens and related oddities on eBay, scheduled to launch at midnight this coming Sunday, October 14th.

Look us up under our eBay user name “Alliancecoin” or jump right in on our eBay auction page Alliance Coin.

Sean Isaacs

Last Chance for a Sneak Peek of our Live Auction items

We have just added another couple of rounds of pictures to the website today, and this is your last chance for a sneak peek before tomorrow’s Live Auction! All 620 lots are available on our website and we’ve received many advance bids (which you can view on the site).

Click here to view all 620 lots for tomorrow’s Live Auction

Please note: It’s a delightfully busy time in our town and the weather is glorious. Make sure you arrive a few minutes early to ensure a good parking spot.

Live Auction

Sunday, June 10th, 2018
10am start | 12-1pm lunch | Auction will end when we’re done!
Almonte Old Town Hall – Main Concert Hall
14 Bridge Street, Almonte, ON K0A 1A0

Live Auction – Online & Open for Advance Bidding

All 620 lots for our rapidly approaching Live Auction are now available on our website, many with pictures (which we continue to add), and we are inviting advance bids.

Click here to preview of selected auction highlights on our website. You can also review Terms of Sale, etc. on the site.

Please note: print catalogues will only be available on the day of the Auction.

We have a rough plan of 10am to 3pm, but in reality we may end quite a bit earlier. If you are serious about one or more items, we really recommend arriving earlier. The lunch break at 12 is a great time to stroll around the town and grab a bite to eat at one of the many fine eateries.

Live Auction
Sunday, June 10th, 2018
10am start | 12-1pm lunch | Auction will end when we’re done!
Almonte Old Town Hall – Main Concert Hall
14 Bridge Street, Almonte, ON K0A 1A0

 

We look forward to seeing you this coming weekend!

Live Auction preview working fully now!

Some of you will have experienced issues with accessing the auction preview at times over the last two days. I apologize for the inconvenience and am writing now to assure you that all is fixed. We encountered some unexpected performance issues, and our website developer has implemented some changes that have remedied this!

Click here to preview of selected auction highlights on our website, which will continue to expand as we move towards final completion of sale preparations.

Please note that the complete auction inventory will be available online from next Wednesday, and that print catalogues will not be available until the day of the Auction.

Additionally, we invite our local customers to visit us for a preliminary viewing of available lots, this coming weekend. Alliance Coin & Banknote will be open both Saturday (10-4pm) and Sunday (10-5pm), for your viewing pleasure.

Live Auction: Sunday, June 10th, 2018

Selected items online for preview: Tuesday, May 29th, 2018

Live Preview In-store: Saturday, June 2nd (10-4) & Sunday, June 3rd, 2018 (10-5)

2018 Annual Live Coin Auction

I am delighted to report that we continue to steam ahead with preparations for our second annual Alliance Coin & Banknote live public auction, to be held in the Almonte Old Town Hall on Sunday June 10th.

The sale will begin at 10:00 am, with a one-hour break for lunch at noon, before continuing at 1:00 pm.

2018 Live Coin Auction posterThis will be a very diverse sale of 500+ lots, representing virtually every area of the coin, banknote, medal and token fields, as well as some truly unusual items in our “Artifacts,  Collectibles & Bulk Lots” category. With estimates ranging from $10 into the thousands, there will be something offered for every collecting level and budget.

Please note that due to the unfortunate delayed receipt of some important Canadian material, printed sale catalogues will not be available until the actual weekend of the auction. Fortunately, however, complete listings will be available for both viewing and advance bidding on our website by mid-week prior to the auction, once we are able to complete the catalogue and assign final lot numbers.  We do sincerely apologize for the resulting very tight timing, but remain confident you will find it worth the wait.

Beginning this Tuesday the 29th, we are delighted to begin featuring a preview of selected auction highlights on our website, which will continue to expand as we move towards final completion of sale preparations.

Additionally, we invite our local customers to visit us for a preliminary viewing of available lots, this coming weekend.  Alliance Coin & Banknote will be open both Saturday and Sunday, from 10:00 to 5:00, for your viewing pleasure.

Live Auction: Sunday, June 10th, 2018

Selected items online for preview: Tuesday, May 29th, 2018

Live Preview In-store: Saturday, June 2nd & Sunday, June 3rd, 2018

 

As always, my family, staff and I warmly thank you for your continued patronage, and I look forward to your participation in our impending public sale!

Sincerely,

Sean Isaacs

 

Alliance’s 2018 Winter Catalogue

With two weeks of mad processing behind us, I am delighted to release our 2018 Winter Catalogue of coins and banknotes. This is the largest price-list we have ever produced, with more than 1,600 items from our diverse world-wide inventory.

I do encourage our customers to respond as quickly as possible on any items of interest, as response is anticipated to be fairly intense.  Please note that all offerings in this catalogue will remain valid until March 31st, and the beginning of our spring show season.

Catalogue & Order Form

Download the complete 2018 Winter Catalogue
Download the 2018 Order Form