South African Gold Coins Krugerrand

The world s first gold bullion coin 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.

South african gold coins krugerrand.

Gold south african krugerrand price charts. The south african gold krugerrand is a legal tender coin issued by south africa weighing 33 93 grams or 1 0909 troy ounces of 22 karat gold. 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. 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.

This 22 karat coin consists of one troy ounce of pure gold and carries with it the liquidity portability and allure a gold coin can offer. 1 troy oz gold south african krugerrand coins was first conceptualized in 1964 as a legal tender bullion coin marked only with its weight in gold. The south african gold krugerrand coin is one of the most trusted and sought after gold bullion coins in our industry. It contains one troy ounce of pure gold along with an alloy of 2 826 grams of copper.

Whether bullion proof rare numismatics or modern works of art there is a coin for everyone. Krugerrands have a diameter of 32 6mm a thickness of 2 74mm and a fineness of 9167. Originally minted in 1967 this beautiful gold south african krugerrands coin comes from the south african mint. The coin was created as a means for the private ownership of south african gold bullion coins by the general public and was first minted at the south african mint on july 3 1967.

Get all information on the price of krugerrand 1 oz including news charts and realtime quotes. The beauty and art of coins soon evolved as collectors found value beyond the precious metal content. This one ounce gold coin is offered in brilliant uncirculated condition and has a 22k gold coin purity which is a millesimal fineness of 9167. Krugerrand 1 oz price.

South african gold krugerrand coins. Coins date back to around 700bc where they were used initially as a currency for trades. More south african krugerrands have been purchased than all other 1 oz gold coins available on the market. They feature the south african republic s first president paul kruger.

The magic and majesty of coins. The krugerrand ˈ k r uː ɡ ə r æ n d.