The Gold Krugerrand is justifiably regarded as one of the world’s most prestigious and widely traded gold coins. First produced in 1967, the Krugerrand quickly captured more than 90% of the world’s coin market. Despite being well-liked by investors and collectors, this currency was subject to Western nation sanctions during apartheid in South Africa during the 1980s and 1990s. Overall, the 1/10 oz Gold Krugerrand is a superb addition to any collection, given its history and impact.
Highlights:
- Coins will arrive in protective packaging.
- Contains 1/10 troy oz. of gold.
- Obverse: Features the iconic profile of former South African Republic president, Paul Kruger.
- Reverse: Displays an image of the Springbok antelope, the national animal.
When it was initially produced in 1967, the Gold Krugerrand set the standard for private gold ownership. Not only did it change the landscape of the gold coin market, but it inspired many gold-producing nations to create their own gold coins, such as the Gold American Eagle and the Canadian Gold Maple Leaf.
More than 50 million Krugerrands have been produced since 1967, and their gold content has been traded globally. The 1/10 oz. version of this coin contains 91.67% gold and 8.33% copper, giving it its slight reddish hue, as well as increasing its durability.
The obverse depicts Paul Kruger, the former President of the South African Republic who was a crucial figure in the fight against British authority in the late 1800s. His portrayal on this coin stands for South Africa’s illustrious past.
The Springbok antelope, the country’s national symbol, is depicted wonderfully on the reverse, which has appeared on each issue since 1967.
If you are looking to add to your collection, get a 1/10 oz Gold Krugerrand today!