1 Ounce Gold Bullion Krugerrand Coin
The first south african bullion gold coins issued in the gold bullion market were gold krugerrand coins.
1 ounce gold bullion krugerrand coin. Before these south african gold coins south africa was a poor country but after gold was discovered in witwatersrand in 1886 it quickly became the richest gold mining area in the world. 1 4 oz krugerrands from the south african mint are only a small portion of the total gold produced from south africa one of the world s largest gold producers. The 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. Although slightly heavier than one ounce due to the copper alloy in the coin each one contained exactly one ounce of fine gold.
Available in brilliant uncirculated condition. After its original productions and subsequent success the krugerrand galvanised many other gold mints to produce a bullion coin of equal standing. More south african krugerrands have been purchased than all other 1 oz gold coins available on the market. Over many decades this gold coin has become one of the most popular bullion coins chosen by investors.
1 ounce krugerrand gold bullion coin. 1977 south african 1oz fine gold krugerrand bullion coin free shipping. The krugerrands are minted in 22 carat but contain one troy ounce of pure gold. Alloyed with copper for exceptional wear resistance this gold coin has a beautiful rose tinted hue.
Led by the krugerrand. The south african krugerrand is made using 91 67 pure gold along with a copper alloy for increased durability yet possesses one full troy ounce of gold per coin. Contains 1 oz of 22 karat gold 9167. South african krugerrands are iconic coins produced from the great store of gold first discovered in south africa in 1886.
Buy 1 oz random year south african gold krugerrand coins online. 1 oz 1975 south african krugerrand. Time left 4d 20h left. From its inception in 1967 the 1 oz gold krugerrand was intended as a way to invest in gold.
The coin was uncontested in the market for more than 12 years with the canadian gold maple leaf offering the first challenge. Even though these coins bear no face value they have a value based on the pure gold used to mint these coins. First minted in 1967 the gold krugerrand coin was for many years the only gold bullion coin available in the market. The gold krugerrand coin is made from 22 karat gold or 91 67 in pureness.
1 oz 1977 south african krugerrand. 1975 south african krugerrand 1 oz ounce gold bullion coin. Random dates from 1967 2020. Krugerrand the 1 ounce gold krugerrand bullion coin is among the most recognizable investment coin on the market being the first investment grade gold bullion coin ever offered.
The krugerrand is a household name and can be traded in almost every country on earth. They were launched for the first time in 1967 and conquered 90 of the precious metals market by 1980. The 1 oz gold krugerrand coin is minted in 22 karat gold 9167 fine by the south african mint company. The first gold bullion coin in the world and a persistent favorite outside of the united states the krugerrand is generally one of the more affordable gold coins on the market and is recognizable for its unique hue and depiction of a springbok antelope.
Bullion coins such as the kruger allow investors of all budgets to buy gold.