Gold South African Krugerrand 1 oz. (Random Dates)

Description

Anyone in the market to buy gold bullion coins should include Krugerrand gold coins from South Africa, the No. 1 gold-producing nation in the world, in that collection. Krugerrand gold coins derive their name from Paul Kruger, the last president of the Republic of South Africa, and the rand, which...

Anyone in the market to buy gold bullion coins should include Krugerrand gold coins from South Africa, the No. 1 gold-producing nation in the world, in that collection. Krugerrand gold coins derive their name from Paul Kruger, the last president of the Republic of South Africa, and the rand, which is South Africa’s unit of currency. First minted in 1967, Krugerrand gold coins, featuring an image of Kruger on one side and the elegant springbok antelope, a symbol of the nation, on the other side, are steeped in history. At 32.77 mm in diameter, Krugerrand gold coins containing one troy ounce of gold are minted from a gold alloy that is nearly 92 percent pure gold and about 8 percent copper for durability.Anyone in the market to buy gold bullion coins should include Kruger and gold coins from South Africa, the No. 1 gold-producing nation in the world, in that collection. Kruger and gold coins derive their name from Paul Kruger, the last president of the Republic of South Africa, and the rand, which is South Africa’s unit of currency. First minted in 1967, Krugerrand gold coins, featuring an image of Kruger on one side and the elegant springbok antelope, a symbol of the nation, on the other side, are steeped in history. At 32.77 mm in diameter, Krugerrand gold coins containing one troy ounce of gold are minted from a gold alloy that is nearly 92 percent pure gold and about 8 percent copper for durability. Gold South African Coins are known in the trade as SAC’s or Krugs. The Gold Krugerrand coin comes in ¼, ½ and one ounce size. We usual keep the fractional coins on hand. The first strike for this coin was 1967 and they have produced the largest amount of gold coins ever since. Most people don’t know that this coin is not 24 k but rather .9166 fine gold. It has a little copper in it which is common in coin manufacturing and it keeps the coin from being easily damaged as they are not as soft as 24k gold coins. We buy this coin most often in block bulk estate sales and you should watch the “Deals and Update” window for specials we run almost weekly.