1 oz South African Gold Krugerrand Coin (Random Year)

Description

1 oz South African Gold Krugerrand Coin (Random Year)

South Africa has long been a hotbed of precious metal and gemstone mining. The country is home to some of the largest gold reserves found in the world, and it is no surprise that the nation was the first to issue a commemorative gold bullion coin as a national marketing tool. Today, We offer the 1 oz South African Gold Krugerrand with various years of issue.

Coin Highlights:

• Ships to you in protective plastic flips, or in tubes of 10!
• First introduced in 1967.
• Designed by Otto Schultz and Coert Steynberg.
• Honors Boer statesman Paul Kruger.
• Contains 1 oz of 22-karat gold (.9167).
• One of the most popular bullion coins in history.

The South African Gold Krugerrand was introduced in 1967 as the official bullion coin of South Africa, and became the first commemorative gold bullion coin on the market as a vehicle for private gold ownership. The coin was uncontested in the market for more than 12 years, with the Canadian Gold Maple Leaf offering the first challenge.

South African Gold Krugerrand coins were the first bullion coins issued legal tender status, but they do not bear a face value engraving on them. The obverse image of Paul Kruger, the four-term President of the South African Republic, was created for this coin in 1967.

The reverse image of the springbok, a native antelope species and national symbol of South Africa, was created by Coert Steynberg. This image had previously appeared on the reverse side of South African five shilling coins. Inscriptions on both sides of the coin are featured in the local Afrikaans dialect and English.

Krugerrand coins in this product listing have various years of issue. The coins in this listing come with the possibility of signs of wear and tear from handling, such as abrasions or light wear and tear. We are not able to guarantee a particular year or condition for the coin you receive. Buying multiples can result in receiving several matching coins.

Nearly 22 million South African Gold Krugerrands were sold and shipped to buyers in the United States alone between 1967 and 1979 when Western nations enacted an embargo on South African goods in retaliation for its apartheid policies. Today it remains a popular product, and is available in bullion and proof, with fractional weights of ½ oz., ¼ oz., and 1/10 oz. now struck as well.

The 1 oz Gold Krugerrand has been the staple of the Krugerrand Series for more than half a century. In honor of the 50th anniversary in 2017, a Silver Krugerrand was introduced. While that coin has proven popular, the 1 oz Gold Krugerrand remains the most coveted coin in the series.

Introducing the Gold Krugerrand

The 1 oz South African Gold Krugerrand coin is a remarkable symbol of wealth and prosperity. First minted in 1967, this gold coin has captured the hearts of collectors and investors worldwide due to its rich history and exceptional purity.

Key Features of the Krugerrand

This prestigious coin contains one ounce of fine gold, making it a valuable addition to any portfolio. The iconic design features Paul Kruger on one side and the springbok antelope on the other, signifying South Africa’s heritage. As a random year coin, it offers unique appeal for collectors, enhancing investment potential.

Why Choose the Krugerrand?

Investing in the 1 oz South African Gold Krugerrand coin ensures both aesthetic beauty and long-term value. With its strong market demand and historical significance, this coin represents a reliable hedge against inflation and economic uncertainty.

1 oz South African Gold Krugerrand 1 oz South African Gold Krugerrand 1 oz South African Gold Krugerrand 1 oz South African Gold Krugerrand