South African 1 oz Gold Krugerrand Coin BU (Random Year)
You could earn points ($) to invest in gold and silver when you make this purchase with The Bullion Card from APMEX
| Volume Discount Pricing QuickShip® Eligible | |||
|---|---|---|---|
| Quantity |
Check/Wire |
CC/PayPal |
|
| 1 - 9 | $3,506.79 | $3,543.32 | $3,652.91 |
| 10 - 19 | $3,501.79 | $3,538.27 | $3,647.70 |
| 20 + | $3,496.79 | $3,533.21 | $3,642.49 |
Your purchase will match the quality of the product shown. Dates will be of our choosing and may or may not vary, determined by stock on hand.
Related Products
- Product Details
- Specifications
- Sell Gold to Us
The Gold Krugerrand series has been a cornerstone of the global gold market since its introduction in 1967. Known for its durability, this coin's .9167 purity allows it to resist scratches and wear, making it ideal for investors and collectors.
Coin Highlights:
- Contains 1 oz of gold and is .9167 pure.
- Issued by the South African Mint.
- Obverse: Features a portrait of Paul Kruger, South Africa’s first and only president, along with “South Africa” inscribed in both Afrikaans and English.
- Reverse: Showcases a springbok antelope, the national animal of South Africa, along with the year of minting and gold weight.
- Coins will be in protective packaging.
- Often available at a slight discount compared to similar gold coins, such as the American Gold Eagle.
The South African 1 oz Gold Krugerrand Coin BU (Random Year) is a globally recognized gold bullion coin that offers an excellent balance of historical significance and investment value. With a gold content of 1 oz and .9167 fineness, the Gold Krugerrand is a staple for collectors and investors alike. Despite its lower fineness compared to .999 fine coins like the Gold Buffalo or Gold Maple Leaf, the Krugerrand still contains 1 full ounce of pure gold.
Important Note
Dates on these random year coins will be of our choosing and may or may not vary, determined by stock on hand.
South African 1 oz Gold Krugerrand Coin BU Design
The coin's obverse depicts Paul Kruger, a key figure in South African history, with inscriptions in both of the country's official languages. The reverse features the iconic springbok antelope, symbolizing South Africa's rich natural heritage.
The South African Mint
The South African Mint has been producing Krugerrands since 1967, establishing itself as one of the most trusted mints in the world. The Krugerrand was the first gold bullion coin to be mass-produced and remains a popular choice for investors worldwide.
Historical Context
The Krugerrand's legacy is intertwined with the history of apartheid. Due to South Africa's apartheid policies, the import of Krugerrands was banned in the U.S. in 1985, leading to the creation of the U.S. Gold Eagle program. However, since the end of apartheid and the lifting of the ban in 1994, the Krugerrand has largely shed its affiliation with that era. It has once again become a globally appreciated gold coin, enjoying great popularity and high liquidity in the marketplace.
Understanding Gold Spot Price
Unlike most sovereign gold coins, Krugerrands were never given a face value but were made to derive their value from the price of gold at the time they are traded. The spot price of gold is the current market price at which gold can be bought or sold for immediate delivery. It is determined by various factors including supply and demand, geopolitical events, and the strength of major currencies, particularly the U.S. dollar. Gold is traded continuously around the world in markets such as New York, London, and Hong Kong, leading to constant fluctuations in its spot price. This price serves as a benchmark for gold transactions, including the pricing of gold coins like the Krugerrand.
Find the price of one ounce of gold today and learn about other precious metals.
AutoInvest
Set a recurring order and save time.
APMEX’s AutoInvest program allows you to set up recurring purchases of your favorite Precious Metals products. Simply select any available product(s), choose your purchase frequency, input a payment method – and you’re done! When you set up your AutoInvest order, you get first priority of fresh inventory. Save time with this hassle-free option today.
Start AutoInvest Learn More
Posted By:Nick
From:Los Angeles, CA
Date:Dec 28, 2022
Produced in the traditional crown gold recipe, don’t let those scrubs on YouTube dissuade you from choosing this excellent coin. They’ll cite “color” as a con, they are ignorant to this coins heritage. I’ve purchased American Gold Eagles, and I must say I prefer the lower premium and Crown Gold look. Plus, unlike the 9999 variants, you can reliably ping test it without denting, and it sounds beautiful, no thud with this coin, and no need for silly plastic capsules.
- Pros
- Value (low premium over spot)
- Attractive Design
- Easy to Sell
- Recognized Brand
- Bottom Line
- Yes, I would recommend this to a friend.
Posted By:Jim the pirate
From:Central Virginia
Date:Mar 10, 2022
Understanding, my Kruger was minted in 1975. That's twenty years before it would have even been allowed to come to the States. I selected "random year" for the premium reduction. There is a noticable dent along the edge. Some patina in the crevices. It is 47 years old, 22k, and it still shines up. I would not have bought this particular coin from a less reputable dealer.
- Pros
- Recognized Brand
- Easy to Sell
- Cons
- Poor Condition
- Bottom Line
- Yes, I would recommend this to a friend.
Posted By:MS
From: IL
Date:Feb 3, 2022
Posted By:ExHack
From:Las Vegas, NV
Date:Nov 5, 2021
Ordered a rando year, got a flawless 2021 coin. Very pleased. The Krugerrand is the granddaddy of the modern bullion coins we know now - and what a coin it is. Flawless strike and finish, easily a match for our Gold Eagles. Do note, if you buy a rando year coin, you get exactly that - and there was a subtle but nonetheless distinct change in the coins around 2000. The older ones are more yellow, vice more of a rose gold color for the current ones (remember they are .9167 gold and the rest an alloy metal, which makes the metal more resistant to damage), and a different font. Both versions are beautifully made, but if you prefer one over the other you’re literally getting dealer’s choice.
- Pros
- Value (low premium over spot)
- Easy to Sell
- Mint Condition
- Recognized Brand
- Bottom Line
- Yes, I would recommend this to a friend.
Posted By:AD
From:CT
Date:Jan 16, 2020
Posted By:Michele ST
From:Grand Rapids, MI
Date:Oct 25, 2019
I bought this the end of May 2019 for my son's college graduation present. I think he got "the bug". He came over for dinner this week and said, "Hey, can I have my old baptism bracelet?" ... And then he weighed it on my gram scale.
- Pros
- Attractive Design
- Collectible (lower mintage)
- Easy to Sell
- Recognized Brand
- Bottom Line
- Yes, I would recommend this to a friend.
Posted By:Scott
From:Fresno,CA
Date:Jul 2, 2019
The Quality was outstanding, and above what i was expecting! I have purchased silver before with APMEX but this was my first online gold purchase and would not hesitate to purchase gold again through APMEX.
- Pros
- Value (low premium over spot)
- Attractive Design
- Easy to Sell
- Recognized Brand
- Bottom Line
- Yes, I would recommend this to a friend.
Posted By:Gold Coin Noob
From:Florida
Date:Jun 10, 2018
I've been wanting to purchase some gold coins as an investment for awhile, but hadn't pulled the trigger until recently. I plan to purchase at least one coin from each of the major mints, but started with the Krugerrand because it was on sale. I'm not familiar with what BU is supposed to look like, so I can't say with impunity that this coin matches that level, but it's in what I would consider to be excellent condition. APMEX made this transaction very pleasant. I've already placed my second order!
- Pros
- Value (low premium over spot)
- Easy to Sell
- Bottom Line
- Yes, I would recommend this to a friend.
Posted By:brted
From:Atlanta, GA
Date:Dec 21, 2016
This is a classic gold bullion coin so I wanted to have one. With a low premium, I bought a random year coin from APMEX and hoped for the best, knowing that a lot of the coins out there are 40 years old and may not be in great shape. I was pleasantly surprised to get a 2015 coin that seems to be in great shape. Well packed (really too much packing for just one coin) by APMEX and another smooth transaction. Thanks!
- Pros
- Value (low premium over spot)
- Easy to Sell
- Recognized Brand
- Cons
- Common (higher mintage)
- Bottom Line
- Yes, I would recommend this to a friend.
We provide all of our customers with a refund, return and / or exchange on everything we sell including all bullion and certified coins. If for any reason, you have a problem, please feel free to call us. We will always do our best to accommodate you.
