Why Does Chards Have a Limited Stock of Krugerrands?

Author: Connor Campbell - Bullion & Economics Editor

Published: 11 Apr 2023

Last Updated: 14 Apr 2023


The blog discusses why Chards may sometimes be out of stock of Krugerrands. Factors include the unpredictability of supply and demand, and the need to adjust prices to match demand. However, Chards offers a range of alternative options and remains committed to fair pricing and transparent communication.

Why Chards is Sometimes Out of Stock of Krugerrands

As a reputable gold bullion dealer, we pride ourselves on frequently buying and selling Krugerrands, one of the most highly sought-after gold coins in the world. However, as much as we aim to maintain a moderate stock of these coins, our supply is dependent on various factors, including sourcing from members of the public and previous investors. This unpredictability can sometimes result in us being temporarily out of stock.

In addition to these supply-side challenges, demand for Krugerrands can sometimes exceed supply, especially when prices are low. We always strive to sell at competitive prices, but this can create challenges when trying to match supply with demand. However, we believe that our commitment to fair pricing is worth it in the long run.

Our Best Value Krugerrands

These coins are the first ever one ounce gold bullion coins produced, and as a result, they are recognised globally. The Krugerrand bullion coins highlighted below are our most cost-effective options.

1 oz Krugerrand Gold Coin Best Value - Secondary Market

These are our lowest priced gold 1 oz South African Krugerrand coins and will contain a random year of production.

Gold 1 oz Krugerrand Bullion Coin - Minty

Our minty Krugerrands are only slightly higher premiums than our secondary market best value Krugerrand bullion coins.

How Are We Addressing This Issue?

To address these challenges, we frequently adjust our buy and sell prices (premiums) in response to changes in supply and demand. This means that when we are sold out of Krugerrands, we still offer a range of other bullion coins, such as gold sovereigns, gold Britannias, and gold maple leafs.

Ultimately, our aim is to provide our customers with the best possible service, and that means being transparent about our stock levels and pricing. We understand that investing in gold coins is a serious decision, and we want our customers to feel confident in their choices. That's why we invite everyone interested in gold coins to keep an eye on our stock levels, and to consider the other popular bullion products that we offer.

In conclusion, while the unpredictability of supply and demand can sometimes result in us being temporarily out of stock of Krugerrands, we remain committed to offering competitive prices and providing our customers with a wide range of alternative options. We believe that our dedication to fair pricing and transparent communication makes us an ideal partner for those looking to invest in gold bullion.

Related Articles

This guide and its content is copyright of Chard (1964) Ltd - © Chard (1964) Ltd 2024. All rights reserved. Any redistribution or reproduction of part or all of the contents in any form is prohibited.

We are not financial advisers and we would always recommend that you consult with one prior to making any investment decision.

You can read more about copyright or our advice disclaimer on these links.