10 x 1 Ounce South African Krugerrand Gold Bullion Coins
Brand new and uncirculated 2021 gold bullion coins.
The South African Krugerrand is produced by the Rand Refinery in South Africa and is one of the most popular gold bullion coins in circulation. The coin was initially issued in 1967, and by 1980 was the primary gold coin in circulation world-wide, accounting for over 90% of gold coins sold. By 1980 other countries, such as Canada, introduced their own lines of gold bullion coins, such as the gold Maple Leaf coin, which affected sales of Krugerrands. However, the coin always remained popular and is still one of the most popular gold coins for investors worldwide.
The Krugerrand was initially introduced in South Africa as a way for private individuals to be able to own gold.
The front of the Krugerrand features and image of Paul Kruger, a prominent South African politician, and president from 1883 - 1900. The reverse of the coin features an image of a springbok Antelope, with the weight, fineness and year of mintage on it. One unique feature of the Krugerrand is that it does not have a legal tender value, yet it is still backed by the government of South Africa.
The Krugerrand gold coin has a slight copper tone. This is because the coin is mixed with some copper alloy in order to make it more durable.
The South African Krugerrand gold coin comes in 1/10 Ounce, 1/4 Ounce, 1/2 Ounce and 1 Ounce sizes. In 2017 the Rand Refinery also introduced a one-ounce silver Krugerrand and a one-ounce platinum Krugerrand coin.
The gold Krugerrand coin is one of the most popular gold coins available in the precious metals market today, due to its low premium and recognisability worldwide. For individuals looking to invest in gold coins, the Krugerrand is recommended.
SuisseGold.eu buy gold coins from clients who are looking to sell gold Krugerrands also. For further information, please click here.
Price includes free storage in our vault for up to one year from purchase date.