krugerrand gold coin
The obverse image of Paul Kruger, the four-term President of the South African Republic, was created for this coin in 1967. Buying from Apmex is always simple and easy and the quality is good! Sold Out. By creating an account, you are agreeing to the Terms of Service and the Privacy Policy. (However, coin dates do not have to match.) Introduced as a vehicle to privately own gold, the South African Gold Krugerrand was introduced in 1967. Bought my first gold piece today! What Impacts the Valuation of Krugerrands? It was the world's first modern gold bullion coin, and it quickly became a popular investment among collectors and investors around the world. In the last section of the checkout page, 4 Shipping Method, you will see the available shipping options for your order. Call, Learn and Invest Candlestick on | off Add this chart to Your website! Seller with a 100% positive feedback. The South African Krugerrand coin made it simple for anyone to invest in gold. Owning physical gold is undoubtedly an investment, both financially and materially. The costs in shipping to these places is extremely prohibitive, so we utilize USPS on all shipments. If you have taken possession of a shipment that is damaged and/or is missing items, you have 2 days (48 hours) from the date of delivery to contact us as stated in our Terms and Conditions. Produced for the first time in 1967 in South Africa, they arrived in the market as a private investment. Chinese Gold Pandas Each year, the series bears a new image of the giant panda, the revered icon of China. All Krugerrand coins, even ones minted during the time when international sanctions were fully enforced, are now perfectly legal to own, handle, buy, and sell within the United States. WebGold South African Krugerrand Coins As low as: $21,097.96 Sold in quantities of 10 The gold Krugerrand created by the South African Mint, was one of the first one troy ounce gold coins issued as legal tender. Bullion coins have 160 serrations and proof ones, 220. WebGold Krugerrand Coin Legacy First introduced in 1967, the Krugerrand is considered the oldest 1 ounce gold coin regularly minted available for buying, selling, or trading. JavaScript seems to be disabled in your browser. Another independence movement arose in the decades that followed. By investing your money in gold (physical or otherwise), you insulate your money from the more precarious ups and downs of the market. Please note that you will receive a Paid email once your payment is received. More Krugerrands have been purchased than other 1 oz Gold coins available on the market. South African Gold Krugerrand coins were the first bullion coins issued legal tender status, but they do not bear a face value engraving on them. Gold is whats known as a safe haven investment, and Krugerrands are a highly sought-after type of gold. 2022 South Africa 6-coin Gold Krugerrand Prestige Proof Se 2022 South Africa 2-Coin Gold Krugerrand & Rhino Proof Set, 2021 South Africa 1/10 oz Gold Krugerrand BU, 2021 South Africa 1/4 oz Gold Krugerrand BU, 2021 South Africa 1/2 oz Gold Krugerrand BU, 2021 South Africa 1 oz Gold Krugerrand BU, 2021 South Africa 1 oz Gold Krugerrand MS-69 PCGS, 2021 South Africa 1 oz Gold Krugerrand MS-70 PCGS, 2020 South Africa 1/10 oz Gold Krugerrand, 2020 South Africa 1/2 oz Proof Gold Krugerrand, 2020 South Africa 1 oz Gold Krugerrand BU, 2019 South Africa 1/10 oz Gold Krugerrand, 2019 South Africa 1 oz Gold Krugerrand BU, 2018 South Africa 1/10 oz Gold Krugerrand, 2018 South Africa 1 oz Gold Krugerrand BU, 2017 South Africa 1/10 oz Gold Krugerrand, 2017 South Africa 1 oz Gold Krugerrand BU, 2017 South Africa 1 oz Proof Gold Krugerrand. WebThe gold Krugerrand is a South African coin which was introduced in 1967 as a vehicle for private ownership of gold. Investors instantly recognize the Krugerrand and its value. We even offer the option to buy Gold Krugerrand coins and pick them up in our physical location. Join us today for FREE! It is known for producing high-quality coins and medals that are sought after by collectors and investors alike. Crown Gold. This name is a combination of Rand, the name of the African unit of currency. Our website uses cookies to improve your experience, which can include personalizing advertising. The Krugerrand is 32.77mm in diameter and 2.84mm thick. WebThe South African Gold Krugerrand was introduced in 1967 as the official bullion coin of South Africa, and became the first commemorative gold bullion coin on the market as a vehicle for private gold ownership. The first coins produced for the republic were the gold "krugerrand" coins, which were introduced in 1967 and quickly became popular among investors around the world. Murilo (Mo) Menezes is an attorney and tenured English professor. Get the latest deals and news!Subscribe to our mailing list.. Since 1980 the coins have also been available in fractional sizes such as half ounce, quarter ounce & one-tenth ounce. The coin was uncontested in the market for more than 12 years, with the Canadian Gold Maple Leaf offering the first challenge. 2014 Krugerrand Proof Fractional Set. It was the first one ounce gold bullion coin ever made. 9999 pure gold content since November 1982. Privacy Policy. The drawbacks to investing in Krugerrands represent the flip side of the coin. The first coins produced by the mint were the gold "pond" coins, which were equivalent to one pound sterling. 26 sold. I have been ordering for years The South African Mint has also issued a few thousand proof coins each year, although even these pieces may not have much of a numismatic premium. The Second Boer War made the South African nation a British colony. The antelope is also found on South African five-shilling pieces. The South African government aimed to explore the natural abundance of gold ores in the many South African mines and promote private ownership of the precious metal. Like other forms of gold, Krugerrands do not appreciate each year the same way other stocks and commodities might. Today it remains a popular product, and is available in bullion and proof, with fractional weights of oz., oz., and 1/10 oz. These popular gold coins also appears closer to an orange shade than coins alloyed with silver. While these coins are equivalent to 1.09 troy ounces a piece, only 91.67 percent of the coin is actually made of gold. As their production method demands more detailed work in the production line, proof ones tend to have a higher initial cost. 2015 Krugerrand Launch Set Winston Churchill. All orders will ship from our warehouse in Las Vegas, Nevada. 1 oz South African Gold Krugerrand - Random Dates, 2019 Patriot 1 oz Proof Like Silver Round - American Revolution, 1 oz Canadian Platinum Maple Leaf - Random Date, How much gold Krugerrands are worth depends on the price of gold. Privacy Policy. 1; 2; Customers are welcome to In 1923, the mint was moved to a new facility in Pretoria, and it began producing gold coins as well as silver. All the Gold modern bullion coins are 91.67% pure gold. Originally, it was developed to promote South Africas gold mining industry. Only sold in brilliant uncirculated or proof condition, the South Africa Gold Krugerrand will add a nice value to any gold collection. Everything is very smooth throughout the process. 1/10oz Proof Krugerrand Gold Coin. Call, Learn and Invest Candlestick on | off Add this chart to Your website! The station was intended to provide fresh food, water, and supplies for the company's ships as they traveled between Europe and Asia. WebGold South African Krugerrand Coins As low as: $21,097.96 Sold in quantities of 10 The gold Krugerrand created by the South African Mint, was one of the first one troy ounce gold coins issued as legal tender. They quickly grew in popularity and became one of the most well-known gold coins around the world. A small but uncertain number of 2011 Gold Proof Krugerrands were produced with the correct overall weight but with less gold content than they should have had. Krugerrand coins are the most recognizable one-ounce gold bullion coins. Check this box to agree to the shipping date disclaimer. Bullion tends to preserve their value over time because of their nature as a precious metal. The coin itself is 91.7% gold, with the rest copper. 1978 Krugerrand gold coin (reverse design) Thats when international embargoes and economic sanctions were placed against South Africa in response to its now-abandoned system of racial segregation known as apartheid. Krugerrands are 91.67% gold with the remaining weight being copper. ( Our shipping policy, which is based on order size, can be viewed here. After all, there are several ways to buy gold, and each comes with its pros and cons. Sold Out. This product is currently on delay. 1/10oz Proof Krugerrand Gold Coin. Krugerrands are 91.67% gold with the remaining weight being copper. 1978 Krugerrand gold coin (reverse design) Thats when international embargoes and economic sanctions were placed against South Africa in response to its now-abandoned system of racial segregation known as apartheid. - Best Gold Coins to Buy | TOP 5 Best Gold Coins to Own. All Content Copyright 2004-April 2023 Golden Eagle Coins, LLC. That may depend. While other options may require a lot of skill or time to ensure you dont run into trouble, Krugerrand gold coins are designed to be treated as currency. The Krugerrand once accounted for 90 percent of all gold coins in circulation and is responsible for other nations decisions to mint their own gold coinage, including the United States and Canada. The reverse of the coin is of a springbok antelope, which happens to be the national symbol of South Africa. Easy transaction, well packaged, and discreet. This is because from 1967-69, only 40,000 South Africa Gold Krugerrands were minted each year then that number significantly increases every year after that. This one ounce gold coin is offered in brilliant-uncirculated condition and has a 22K gold coin purity, which is a millesimal fineness of .9167. Seen by some as a controversial figure and others as a hero, he devoted his life to being a Boer military and political leader in the late 19th century, representing the nations interests against Great Britain, especially during the Second Boer War. Each one-ounce coin weighs 33.93 grams (consisting of 31.1 grams pure gold and 2.83 grams copper). It's Always the Best Prices Kruger held the office of the presidency for nearly two decades and would serve in the government for over 40 years.The obverse of the coin offers collectors and investors a profile of Paul Kruger, with the country name offered in dual language. While these coins are equivalent to 1.09 troy ounces a piece, only 91.67 percent of the coin is actually made of gold. First introduced in 1967, the Krugerrand is considered the oldest 1 ounce gold coin regularly minted available for buying, selling, or trading. The South African Mint celebrated the 50th Anniversary of the Gold Krugerrand in 2017 with an unprecedented edition of the Premium Uncirculated South African Krugerrand. Not only do you want to be protected from disreputable sellers, but a proper gold investment is just one part of a balanced investment portfolio. South African Gold Krugerrands.