South African Gold Coins Krugerrand

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.

South african gold coins krugerrand.

Whether bullion proof rare numismatics or modern works of art there is a coin for everyone. They feature the south african republic s first president paul kruger. 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. The beauty and art of coins soon evolved as collectors found value beyond the precious metal content.

Krugerrands have a diameter of 32 6mm a thickness of 2 74mm and a fineness of 9167. The gold krugerrand is prized around the world with a highly sought after design inspired by history. Coins date back to around 700bc where they were used initially as a currency for trades. On the reverse a springbok which is the national animal and the date of minting appear.

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. Gold south african krugerrand price charts. 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. The krugerrand ˈ k r uː ɡ ə r æ n d.

Originally minted in 1967 this beautiful gold south african krugerrands coin comes from the south african mint. Get all information on the price of krugerrand 1 oz including news charts and realtime quotes. 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 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.

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 magic and majesty of coins. It contains one troy ounce of pure gold along with an alloy of 2 826 grams of copper. South african 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. ˈkrœjərˌrant 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.