As low as $89.99 per coin over spot
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The Gold Krugerrand coin has enjoyed worldwide popularity since it was first issued in 1967 with a simple yet classic design depicting two key South African figures: Paul Kruger and the springbok antelope. Enjoy this 2024 edition of the classic coin!
- Contains 1 oz of gold.
- Multiples of 10 are contained in mint tubes. All other coins are kept in protective packaging.
- Obverse: Depiction of South Africa's first and only president, Paul Kruger, along with “South Africa” in both Afrikaans and English.
- Reverse: Features the mintage year and the gold weight, as well as the iconic image of the national animal of South Africa, the springbok antelope.
- Minted by the South African Mint.
2024 South Africa 1 oz Gold Krugerrand BU
The Krugerrand was initially introduced in 1967 and became the world's first modern gold bullion coin. This gold bullion coin series has become a favorite of collectors and investors and is a staple in many collections and portfolios today. This bullion was minted to help promote South African gold in the international markets. Interestingly enough, they were never given a face value, but were designed to derive their value from the price of gold at the time they are traded. The Gold Krugerrand is valued around the world due to its highly sought-after design inspired by history. The majestic springbok seems to be jumping into action on the reverse, while President Kruger is a reminder of 19th century South African political and military affairs.
Krugerrands are designed to be durable since they are minted with .9167 oz of fine gold with the remaining alloy of copper. Gold content determines the Krugerrand's value, plus a premium that is dictated by market conditions. The Gold Krugerrand is one of the most widely owned gold coins in the world and is easily recognizable.
South African Mint
The South African Mint produces Proof Krugerrands and works with the Rand Refinery to mint the bullion. The mint is owned by the South African Reserve Bank and mints coins and bullion for them. President Paul Kruger decided to establish a national mint in 1886 when gold was discovered near Johannesburg. The South African Mint is one of the world's top exporting mints today.
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