The current South African coinage is based on the Kruger coins. One of the few coinage systems in the world that has its worth based in its actual gold content, rather than on the face value of its coins, the South African coins vary in value according to the current global gold prices.
The design of the South African Silver Krugerrand is a replica of the original gold Krugerrand. The obverse of this 99.9% fine silver coin bears the same profile view of President Paul Kruger. Along the top of the coin are the words “Suid Afrika” and “South Africa” creating a respectful arch in Afrikaans and English, two of the eleven official languages of South Africa.
Introduced in 1967, the South African Krugerrand was the premier choice for investors and collectors in the 1980's due to its store of wealth. Recognised as the world's first bullion Gold coin, the Krugerrand coin is an international symbol of wealth and prestige.FREE fully insured delivery included.Krugerrand Gold Coin: A gold coin minted by the Republic of South Africa. Krugerrand gold coins contain exactly one troy ounce of gold. This coin was first minted in 1967 in order to stimulate the.The 2020 South Africa Krugerrand 1oz Gold Coin bears the portrait of Paul Kruger, president of the old South African Republic, on the obverse of the coin. The reverse of the Krugerrand features a Springbok Antelope, along with the year-date and gold weight. Each coin weighs 33.9g and is 916.7 Fine Gold. Each coin contains 1 Troy ounce of Fine Gold.
The South African Krugerrand was first produced in 1967 by the South African Chamber of Mines. Over many decades this gold coin has become one of the most popular bullion coins chosen by investors. After its original productions and subsequent success, the Krugerrand galvanised many other gold mints to produce a bullion coin of equal standing.
One ounce Gold Krugerrand Coins are produced by The South African Mint. Each 1 oz Krugerrand is struck from 22ct gold, contains 31.1035 grams of fine gold. This listing is for mixed year 1oz Gold Krugerrands. 1oz Gold South African Krugerrand Coin (Mixed Years).
The first South African Gold Krugerrands were minted in 1967 as a gold bullion coins, the value of which was based upon the international spot price of the metal. The concept of a one ounce gold coin tied to spot gold's fluctuations quickly caught on. Nearly 50 million have been minted since 1967. The Krugerrand is an alloyed coin at 22 karats.
South Africa introduced its South African Krugerrand Gold coins as a means of facilitating the restricted (at the time) private ownership of gold. The initial one ounce size proved to be so popular that the mint later released smaller sizes so that a larger number of individuals could afford to buy and own gold.
The Krugerrand is a very popular bullion coin minted in South Africa. First produced in 1967, it was the world’s first bullion gold coin.
The South African Krugerrand is the official gold bullion coin of South Africa, which is the first gold bullion coin in the world minted for investment. The Krugerrand coins were marketed so successfully that they possessed an 89% market share of the entire gold bullion coin industry in the early 1980s.
Gold Krugerrand Coins The South African Krugerrand is prized as one of the world’s oldest and most recognizable gold bullion coins. Its pioneering example as the first gold bullion coin accessible to everyone puts the Krugerrand on the pedestal of history and makes it an essential addition for coin collectors and investors.
Put simply, a Krugerrand is a South African gold coin. The first Krugerrands were minted on July 3, 1967 and they were used as a vehicle for the private ownership of gold and to help market South African gold.
The Pre-Owned 2020 South African Krugerrand 1oz Silver Coin bears the same iconic design as the gold coin; the portrait of Paul Kruger, president of the old South African Republic, on the obverse. The reverse features the Springbok Antelope, along with the year-date and silver weight. Each coin weighs 1 Troy Ounce and is 999.0 Fine Silver.
Krugerrand 1 oz Price: Get all information on the Price of Krugerrand 1 oz including News, Charts and Realtime Quotes.
In 1964, with the backing of the South African Government, a legal tender Gold Bullion coin was planned to help the country to market these Gold resources. This Gold Bullion coin was the Krugerrand. The name Krugerrand is a compound of Kruger, (after Paul Kruger, who was four times State President of South Africa, or The Transvaal, between 1883 and 1900) and Rand, which is the South African.