1 oz South African Gold Krugerrand Coin (Random Year Abrasions)

Description

1 oz South African Gold Krugerrand Coin (Random Year Abrasions) Among the most popular gold coins for sale in the world today, the South African Gold Krugerrand once dominated the gold bullion coin market. At one point in the 1980s, this coin series represented more than 90% of the gold bullion coin market. Though the programs of Western nations dented its dominance, the South African Krugerrand remains a popular gold coin with investors and collectors each year. Now, 1 oz South African Gold Krugerrand Coins are available to you with abrasions in this Dave&Co product listing.

Highlights:

• Coins arrive inside protective plastic flips!
• Available since 1967!
• Contains 1 Troy oz of actual gold content.
• Paul Kruger on the obverse.
• Springbok antelope on the reverse.
• Please note the coins in this listing have various degrees and types of abrasions, and come with varying date marks.

South African Gold Krugerrands were developed by the Rand Refinery, South African Mint, and the government of the Republic of South Africa in the 1960s as a means of promoting the vast natural gold reserves in South Africa. From 1967 to 1979, the South African Krugerrand stood alone as the only gold bullion coin for sale to private investors.

Its dominance was so solid by 1980 that the South African Mint and Rand Refinery would issue fractional-ounce weights of 1/2 oz, 1/4 oz, and 1/10 oz gold. This all came before most other programs even existed. At the time, only the Canadian Gold Maple Leaf was in production and that series only offered a 1 oz gold coin to buyers.

Paul Kruger features on the obverse side of 1 oz South African Gold Krugerrand Coins. This design was created in the 19th century by Otto Schultz and debuted on the coins of the South African Pound gold denominations. It depicts Paul Kruger in left-profile relief with inscriptions of the nation of issue around his portrait.

A Springbok antelope is depicted in the reverse design of the South African Gold Krugerrand Coin. This design was created by Coert Steynberg and was originally used on various denominations of South African coins starting in the 1940s and continuing into the late 1950s. It shows a Springbok as it pronks along the savannas of southern Africa.

These 1 oz South African Gold Krugerrand Coins are available to you for purchase online with protective flips. The coins in this listing come with abrasions of varying types and severities. Abrasions are common flaws that result from poor handling or flaws in the coining process. The date marks of the coins in this listing can vary from 1967 all the way up to the 21st century. We cannot guarantee the level of abrasions present on your coins or the date mark in advance. All coins are chosen at random after your payment clears. 1 oz South African Gold Krugerrand Coin (Random Year Abrasions)