Product Details

SOUTH AFRICAN KRUGERRAND (RANDOM YEAR) - 1 OZ

First introduced in 1967, the Krugerrand was the world's first modern Gold bullion coin in the world and this Gold bullion coin series is still a favorite of collectors and investors today. The Krugerrand were minted to assist in promoting South African Gold to the international markets. Krugerrands were never assigned 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 prized around the world, with a highly sought-after design inspired by history. They feature the South African Republic's first president, Paul Kruger. On the reverse, a springbok, which is the national animal, and the date of minting appear. On the Krugerrand Gold coin, the springbok seems to be jumping into action, while President Kruger is a reminder of 19th century South African political and military affairs.

The South African Mint manufactures Proof Krugerrand, and works with the Rand Refinery to mint the bullion Krugerrand. The mint produces coins on behalf of and is a wholly owned subsidiary of the South African Reserve Bank. In 1886, Gold was discovered near the Witwatersrand area of Johannesburg and President Paul Kruger decided to establish a national mint. Today, the South African Mint is one of the world's top exporting mints.

Key Highlights :

• Weight : 33.93g
• Purity : .916
• Type : Minted
• Manufacturer: Rand Refinery
• Country of Origin: South Africa
• Certificate : Not provided by the refiner
• Obverse (Front) : Likeness of Paul Kruger, South Africa’s first and only president, along with “South Africa” in Afrikaans and English.
• Reverse (Back) : A Springbok antelope, the national animal of South Africa, along with the year of minting and Gold weight.

Pricing Details:

Points computation: 1 coin = 25.00 points