1oz Gold South African Krugerrand
This classic Gold bullion coin is loved around the world for its 1 oz Gold content and recognizable design. Minted by the South African Mint. 10 oz. Gold Bars. Gold Coins. Contains 1 oz of Gold. Gold Rounds. Since its release in 1967 to help market South African Gold, the Gold Krugerrand has seen worldwide popularity with a simple, classic design depicting two key South African figures: Paul Kruger and the Springbok antelope. Collect these 1 oz Gold coins along with other animal-themed Gold coins. While these 1 oz Gold coins from the South African Mint are known by many for being solid investments, they are very popular collectible coins as well. In addition to Gold Krugerrand coins, consider expanding your collection with animal-themed Gold coins like the Perth Mint’s Australian Gold Kangaroo coins, a staple of the Australian mint since 1987. Another great complement to Gold Krugerrands is the U.S. Mint’s Gold Buffalo coin, which honors the famous design of the 1913 Buffalo Nickel. South Africa has long been a hotbed of precious metal and gemstone mining. The country is home to some of the largest gold reserves found in the world, and it is no surprise that the nation was the first to issue a commemorative gold bullion coin as a national marketing tool. Coin Highlights: First introduced in 1967. Ships to you in a protective plastic to ensure its condition. Contains 1 oz of .9167 pure gold. Designed by Otto Schultz and Coert Steynberg. Honors Boer statesman Paul Kruger. One of the most popular bullion coins in history. Available in Brilliant Uncirculated condition. The South African Gold Krugerrand was introduced in 1967 as the official bullion coin of South Africa, and became the first commemorative gold bullion coin on the market as a vehicle for private gold ownership. The coin was uncontested in the market for more than 12 years, with the Canadian Gold Maple Leaf offering the first challenge. South African Gold Krugerrand coins were the first bullion coins issued legal tender status, but they do not bear a face value engraving on them. The obverse image of Paul Kruger, the four-term President of the South African Republic, was created for this coin in 1967. The reverse image of the springbok, a native antelope species and national symbol of South Africa, was created by Coert Steynberg. This image had previously appeared on the reverse side of South African five shilling coins. Inscriptions on both sides of the coin are featured in the local Afrikaans dialect and English. Krugerrand coins in this product listing have various years of issue, but all are available in Brilliant Uncirculated condition. BU coins are characterized by the lack of wear and tear on surfaces, though you may notice spotted surfaces, breaks in the luster, or contact marks from striking. Nearly 22 million South African Gold Krugerrands were sold and shipped to buyers in the United States alone between 1967 and 1979 when Western nations enacted an embargo on South African goods in retaliation for its apartheid policies. Today it remains a popular product, and is available in bullion and proof, with fractional weights of ½ oz., ¼ oz., and 1/10 oz. now struck as well. Also for Silver a moment 50 years in the making has finally arrived for numismatists around the world to savor.