The mints themselves take a premium over the gold content (known as seignorage), and the agents add a further intermediary margin. Instead the mints have arrangements with distributing sales agents who deal with the public. Generally these gold coins are not available direct from the producing mint. Then, once the private demand for gold ownership had been nearly extinguished, it was finally the South Africans who started minting again in earnest from 1967.Īs you can see, several governments are now minting gold coins again. Gold coins were hardly produced anywhere between 19.
