South African Gold Coins Krugerrand

Krugerrands have a diameter of 32 6mm a thickness of 2 74mm and a fineness of 9167.

South african gold coins krugerrand.

The krugerrand ˈ k r uː ɡ ə r æ n d. Coins date back to around 700bc where they were used initially as a currency for trades. 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. Originally minted in 1967 this beautiful gold south african krugerrands coin comes from the south african mint.

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. Get all information on the price of krugerrand 1 oz including news charts and realtime quotes. On the reverse a springbok which is the national animal and the date of minting appear. 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.

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 beauty and art of coins soon evolved as collectors found value beyond the precious metal content. 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. 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 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. The magic and majesty of coins. 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. More south african krugerrands have been purchased than all other 1 oz gold coins available on the market.

Gold south african krugerrand price charts. Krugerrand 1 oz price. 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 gold krugerrand is prized around the world with a highly sought after design inspired by history. South african gold krugerrand coins.