The Gold Krugerrand is one of the oldest and most popular gold coins in the world. It was first introduced in 1967 as a means for South Africa to market its gold, which was produced by the national Rand Refinery and South African Mint. By 1980, the Krugerrand captured over 90% of the global gold coin market, making it the gold investor’s first choice. However, because of its ties with South Africa’s apartheid government, various Western countries prohibited Krugerrand imports in the 1980s and 1990s. Overall, the 1/2 oz Gold Krugerrand carries on legacy rich in history and is a fantastic addition to any collection.
Highlights:
- Coins will arrive in protective packaging.
- Contains 1/2 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, a national symbol.
When first minted in 1967, the Krugerrand pioneered private gold ownership in coin form. This coin’s existence inspired the creation of gold coins amongst other countries, such as the Canadian Gold Maple Leaf, and the Gold American Eagle.
Over 50 million ounces of Krugerrands have been produced since 1967, with their gold content traded worldwide.
The obverse depicts Paul Kruger, the former President of the South African Republic who was a significant figure in the fight for independence against British control, during the late 1800s. His image on the coin masterfully connects the Krugerrand to South Africa’s history.
The Springbok antelope has appeared on all issues since 1967, a consistent reverse emblem.
Looking to add a piece of history to your collection? Get your 1/2 oz Gold Krugerrand today!