1 oz South African Gold Krugerrand

Description

Product Details

The 1 oz South African Gold Krugerrand is one of the world’s most famous and widely traded gold bullion coins. First minted in 1967, the Krugerrand paved the way for modern gold bullion coins, offering investors an easy and accessible way to own gold. Struck from 22-karat gold, this coin combines historical significance with intrinsic value, making it a staple for collectors and investors alike.

Coin Highlights:

• Contains 1 Troy oz of actual gold content, struck from .9167 fine gold (22 karats).
• Brilliant Uncirculated (BU) condition, offering sharp details and a lustrous finish.
• Obverse: Features a portrait of Paul Kruger, the former President of the South African Republic, designed by Otto Schultz.
• Reverse: Depicts a prancing springbok, one of South Africa’s national symbols, along with the weight and gold content.
• The Gold Krugerrand is legal tender in South Africa, with a face value of 1 Rand (ZAR), though its true value is based on the market price of gold.
• First introduced in 1967 by the South African Mint, making it the world’s first modern gold bullion coin.
• Eligible for Precious Metals IRAs.
• Renowned worldwide for its durability, liquidity, and historical importance in the global gold market.