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South Africa Krugerrand Gold Bullion Coins



The Krugerrand from South Africa, first minted in 1967, was the first gold coin to contain precisely one ounce of fine gold and intended as created to provide a vehicle for the private ownership of gold. By bestowing legal tender status upon the coin, Krugerrands could be owned by citizens of the United States, who at that time were prohibited private ownership of bullion, but allowed ownership of foreign coins.

Since inception, the Krugerrand has become the most widely owned bullion coin in the world with over 46 million ounces in circulation. The Krugerrand gets its name from Paul Kruger, featured on the obverse, president of the old South African Republic. The reverse depicts a springbok, one of the national symbols of South Africa. The name 'South Africa' and the gold content are shown in both Afrikaans and English.

The success of the Krugerrand led to other gold producing nations minting their own bullion coins, including the Canadian Maple Leaf in 1979 and the American Eagle in 1986.


1 oz South Africa Krugerrand Gold Bullion Coin




Weight:  33.933 grams (1.0910 troy oz)
Fineness:  .916 or 22 karats
Diameter: 32.6 mm
Fine Gold Content: 31.1033 grams (1 troy oz.)


1/2 oz South Africa Krugerrand Gold Bullion Coin




Weight:  16.966 grams (.5455 troy oz)
Fineness:  .916 or 22 karats
Diameter: 27 mm
Fine Gold Content: 15.551 grams (1/2 troy oz.)


1/4 oz South Africa Krugerrand Gold Bullion Coin




Weight:  8.482 grams (.272 troy oz)
Fineness:  .916 or 22 karats
Diameter: 22 mm
Fine Gold Content: 7.7758 grams (1/4 troy oz.)


1/10 oz South Africa Krugerrand Gold Bullion Coin




Weight:  3.393 grams (.1091 troy oz)
Fineness:  .916 or 22 karats
Diameter: 16.05 mm
Fine Gold Content: 3.1103 grams (1/10 troy oz.)



Gold Bullion Coins and Bars  

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Bullion coins offer one of the easiest and least expensive ways to acquire gold. There are a vast array of  choices for obtaining gold ranging from U.S. produced to countries minting gold coins from around the world. Bullion coins enjoy a very liquid market and are the ideal way to acquire physical gold.

Bullion gold coins are available in a variety of weights from 1/10 oz, 1/4 oz, 1/2 oz as well as standard 1 oz sizes. This makes them ideal storehouse of value.

Numismatic Assets offers a variety of bullion coins and bars for your consideration, all available for immediate delivery. Call us for up to minute buy/sell prices on any bullion coin/quantities you have an interest in.

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Note: Due to current market conditions, prices are subject to change and some items may not be available!

 

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