South African gold krugerrand coin for sale
South African gold krugerrand coin for sale cheap. The South African Gold Krugerrand was created in 1967 as the official bullion coin of South Africa. It soon became the first commemorative Gold bullion coin on the market, building the pathway for private Gold ownership. South African Gold Krugerrand coins were the first bullion coins issued legal tender status, but they do not bear a face value. It is a 22-karat gold coin weighing 1.0909 ounces (or 33.930 grams). Each coin consists of 2.826 grams of copper alloy providing increased durability, scratch resistance and unique orange-gold coloring. The gold Krugerrand has a thickness of 2.74 mm thick, a diameter of 32.6 mm and a fineness of .9167. South African gold krugerrand coin for sale near me.
We have available:
– 2021 1/2 oz South African Gold Krugerrand Coin (BU)
– 2021 1 oz South African Gold Krugerrand Coin (BU)
The Krugerrand is a South African coin, first minted on 3 July 1967 to help market South African gold and produced by Rand Refinery and the South African Mint. The name is a compound of Paul Kruger, the former President of the South African Republic (depicted on the obverse), and rand, the South African unit of currency. On the reverse side of the Krugerrand is a pronking springbok, South Africa’s national animal. South African gold krugerrand coin for sale locally.
By 1980 the Krugerrand accounted for more than 90% of the global gold coin market and was the number one choice for investors buying gold. However, during the 1980s and 1990s, Krugerrands fell out of favor as some western countries forbade import of the Krugerrand because of its association with the apartheid government of South Africa. Although gold Krugerrand coins have no face value, they are considered legal tender in South Africa by the South African Reserve Bank Act (SARBA) of 1989. In 2017, the Rand Refinery began minting silver versions, which have the same overall design as the gold coin. Where can i get South African gold krugerrand coin for sale.
The amazing 1 oz South African Krugerrand Gold Coin is one of the most popular coins on the market. Dating back to 1967, this coin was also the world’s first modern bullion gold coin. Struck by the South African Mint with 1 troy oz of .9167 pure gold, the classic Gold Krugerrands make an incredible and noteworthy contribution to anyone’s portfolio. Trusted for decades as a gold asset to protect one’s investments, buying gold Kruggerands offers you the opportunity to own an internationally recognized gold coin that symbolizes wealth and prestige. On top of that, Gold Krugerrands are so respected, they can often be easy to liquidate. Buying Gold Krugerrands has never been easier than with us.
The South African Chamber of Mines first introduced the concept of the Krugerrand in the 1960s to promote physical gold as an investment opportunity for the “man on the street.” The Krugerrand was then released in 1967 as a legal tender coin and contained 1 troy ounce of fine gold mixed with copper. The coin is made from a gold-copper alloy in order to make it more durable and lasting. This gold coin was unique in that it had no denomination because its face value was connected to the daily gold price. However,the name of the coin partially comes from the “Rand,” the name of the South African currency. The other side features the first and only president of the nation, Paul Kruger. The Krugerrand was mass-produced so that it could be sold at a relatively low premium over the current gold price. In 1980 the fractional Krugerrands (1/2 oz, 1/4 oz, and 1/10 oz) were released, making the Krugerrand more accessible for more investors.
The designs on the coin are well-recognized all over the world hence they are easy to trade and liquidate. The obverse features a profile portrait of Paul Kruger, designed by Otto Schultz. The reverse depicts the Springbok antelope, a national symbol of South Africa, created by Coert Steynberg.
Made from .9167 fine gold with a weight of 1 troy ounce.
Struck by the South African Mint.
Year of mintage vary based on our available inventory.
Legal tender of South Africa.
Individual coins are sold in plastic slips. Lots of 10, 15, 20, and 25 come in plastic tubes.
Obverse: Features a left-facing profile portrait of former South African president Paul Kruger, a design by Otto Schultz. Inscriptions: “SUID AFRIKA” and “SOUTH AFRICA”.
Reverse: Depicts Springbok antelope, a national symbol of South Africa, a design by Coert Steynberg. Inscriptions: “KRUGERRAND,” year of mintage, “FYNGOUD”, “1 OZ”, and “FINE GOLD”.
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Buy krugerrand coins online legally. It is The first Gold bullion coin in the world and a persistent favorite outside of the United States, the Krugerrand is generally one of the more affordable Gold coins on the market and is recognizable for its unique hue and depiction of a springbok antelope. More South African Krugerrands have been purchased than all other 1 oz Gold coins available on the market. Buy krugerrand coins online with bitcoin
The Krugerrand was introduced in 1967 as a vehicle for private ownership of gold. It was minted in a copper-gold alloy more durable than pure gold. By 1980 the Krugerrand accounted for 90% of the global gold coin market. That year, South Africa introduced three smaller coins containing 1⁄2, 1⁄4, and 1⁄10 troy ounce (15.6, 7.8, and 3.1 g) of gold. Contact us to Buy krugerrand coins online.
Economic sanctions against South Africa for its policy of apartheid made the Krugerrand an illegal import in many Western countries during the 1970s and 1980s. The United States which had historically been the largest market for the coin, banned imports in 1985; the previous year, over US$600 million of Krugerrands had been marketed in that country. Most sanctions ended in 1991, after the South African government took steps toward ending its apartheid policy. Over 50 million ounces of gold Krugerrand coins have been sold since production started in 1967. Buy krugerrand coins online in USA.
Each of the 2021 1/2 oz South African Gold Krugerrand Coins available in this product listing comes in Brilliant Uncirculated condition. The coins are packaged either individually inside of protective plastic flips or inside of a mint tube of 15 gold coins. The South African Krugerrand coins are available with 22-karat gold content that consists of 91.67% gold and 8.33% copper in its metallic composition. Buy krugerrand coins online in Africa.
The United States of America has historically been the number-one marketplace for the South African Gold Krugerrand coins. Even though economic sanctions hit South Africa starting in the 1970s, between 1974 and 1985 when the US banned the import of the coins, some 22 million Gold Krugerrands were sold in the US alone. In 1984 alone, one year before the coins were banned in the US, $600 million worth of Krugerrands made it to US investors. Buy krugerrand coins online in Europe.
Obverse imagery on the 2021 1/2 oz South African Gold Krugerrand includes the bust of Paul Kruger. A leading Boer figure in South Africa during the latter half of the 19th century, Kruger would serve as the first President of the South African Republic and remains a respected figure in the nations history. Buy krugerrand coins online in Asia.
Reverse designs for the 2021 South African Gold Krugerrand feature the beloved Springbok antelope. Both the Springbok and Kruger have featured on previous coins issued in South Africa, but never on the same coins until the release of the Krugerrand in 1967. Where to Buy krugerrand coins online.
Where can you buy krugerrands
Where can you buy krugerrands near me. If you need assistance in figuring out where to buy Gold Krugerrand coins, or if you should have any issue placing an order for Gold bullion, we are eager to assist you. Our team of highly trained customer service associates can answer any questions on how to buy Gold, and can be reached by email or telephone. The South African Mint Company produces limited edition proof Krugerrands intended to be collectors’ items rather than bullion investments. These coins are priced above bullion value, although non-proof Krugerrands also have a premium above gold bullion value. They can be distinguished from the bullion Krugerrands by the number of serrations on the edge of the coin. Proof coins have 220 edge serrations, while bullion coins have 160. Where can you buy krugerrands online.
The coin is so named because the obverse, designed by Otto Schultz, bears the face of Boer statesman Paul Kruger, four-term president of the old South African Republic. The reverse depicts a springbok, the national animal of South Africa. The image was designed by Coert Steynberg, and was previously used on the reverse of the earlier South African five shillings (1947-51 and 1953-59) and 50 Cents (1961-64) coin. The name “South Africa” and the gold content are inscribed in both Afrikaans and English (as can be seen on the pictures of the coin). The word “Krugerrand” is a registered trademark owned by Rand Refinery Limited, of Germiston. Where can you buy krugerrands locally.
All of the 2021 1 oz South African Gold Krugerrand Coins in this product listing are available to you in Brilliant Uncirculated condition. These gold bullion coins are packaged individually inside of plastic flips or in multiples of 10 coins housed inside of mint tubes. The South African Gold Krugerrand features 22-karat gold content indicating 91.67% gold content by weight with 8.33% copper as the balance metal in the composition. Where can you buy krugerrands in your area.
On the obverse side of 2021 1 oz South African Gold Krugerrand Coins, you will find an effigy of Paul Kruger. Known during his lifetime as Oom Paul, which is Afrikaans for Uncle Paul, Kruger was the first man elected President of the South African Republic in the late-19th century. His bust has appeared on both South African Pound denominations and modern Rand denominations. Where can you buy krugerrands with BTC.
The reverse face of 2021 South African Gold Krugerrand Coins features a depiction of the Springbok antelope. The antelope has likewise featured on various South African Pound and Rand denominations over the last century. This particular design captures the Springbok in right-profile relief. Where can you buy krugerrands legally.