The South African Krugerrand Gold Coin obverse shows a portrait of Paul Kruger, president of the old South African Republic. The reverse shows a Springbok Antelope, one of the South Africa’s National symbols.
Each coin weighs 34.00g and is 916.7 22ct Gold.
Each coin contains 1 Troy ounce of Fine Gold.
Minted by The South African Mint.
Finished to bullion standard.
These coins are VAT free.
Dimensions: Diameter: 32.77mm Thickness: 2.84mm.
First minted in 1967 by the South African Mint, the name ‘Krugerrand’ comes from the name president at the time Paul ‘Kruger’, and the unit of currency of South Africa the ‘Rand’. Some countries banned the importing of Krugerrands during the 70’s and 80’s due to the association with the apartheid government but is now one of the most recognised Gold coins among collectors and investors alike.
After it’s conception at the end of the 60’s, the Krugerrand was being minted at a rate of approximately 40,000 units per year, this continued to grow until 1978 when a record breaking 6 million coins were produced.
The photograph shows the type of coin you will receive, not the exact item. Pre-owned coins are selected from those currently available in stock and as such we cannot specify which date you will receive.