1 oz Krugerrand Gold Coin | Mixed Years

Krugerrand 1 ounce gold coin - Random Vintage

The Krugerrand coin is still today considered one of the most popular investment coins. Not only collectors decide to buy it, but especially people who want to put their finances in gold in a safe way. The Krugerrand is a bullion coin, the issuance of which began in 1967. It is among the basic investment funds and is a frequent choice of many investors. The coin is named after one of South Africa's nationalist heroes - Paul Kruger, president of the Republic of South Africa from 1883 to 1900. In turn, the second part - "rand" - refers to the current South African currency.

What does the gold Krugerrand represent?

The obverse of the South African gold coin from the Rand Refinery depicts the figure of the aforementioned Paul Kruger, surrounded by the inscription "South Africa," in Afrikaans and English. On the back of Kruger's coin can be found an image of the "Springbok" antelope, found in South African territories. Just below it is the inscription "fyngoud 1 oz fine gold" indicating that the coin contains 1 ounce of pure gold. The reverse also shows the year of minting and the name of the coin. An unusual feature of the Krugerrand as an investment coin is its lack of face value. Although the Krugerrand is considered official South African legal tender, its value depends mainly on the current gold exchange rate.

Parameters of Krugerrands - South Africa's gold coins

The gold Krugerrand is distinguished among popular gold coins by its darker color, which was achieved thanks to the admixture of copper. The South African currency was produced from 22 carat gold (0.9167 sample). Interestingly, the gold content of the Krugerrand coin is the equivalent of 1 ounce (1 oz), and the coin weighs 33.93g. What else makes it stand out? Although most one-ounce gold coins have a purity of min. 99.9%, the Krugerrand's purity is deliberately lower - 91.67%. This is due to the fact that it is an alloy with an admixture of copper, which is designed to increase durability and strength. As a result, Kruger gold coins are more scratch-resistant and harder compared to purer alternatives. However, the bullion content remains the same. South African gold coins - Krugerrand contain one ounce of gold.

Krugerrand 1 oz coins - price and profitability of investment

One of the main advantages of buying 1 oz Krugerrand is the price depending on the current gold rate. What does this mean in practice? The value of a 1 ounce (oz) Krugerrand increases with the price of gold, making a later sale at a profit very likely. Krugerrands are relatively low-priced coins - a premium is added to the cost of gold, which includes production and transportation costs, but it is one of the lower ones. No wonder, then, that more and more investors are choosing to buy this particular coin. Join their ranks and take advantage of the Krugerrand coins available at the Silver Mint, where you can buy them at an attractive price with a guarantee of originality and impeccable quality.

Gold Krugerrand 1 ounce - the most popular bullion coin at the Silver Mint

Due to the popularity of the gold Krugerrand coin containing 1 ounce of gold, you are assured that you are choosing an investment that allows you to resell the coin immediately regardless of the political and economic situation. At Silver Mint, we sell coins from only well-known and respected manufacturers. When you buy from us, you can be sure that you are investing safely in a high-quality, original product. The Krugerrand gold coin present in our offer is physically available in our warehouse. In practice, this means you won't have to wait long for shipping. Invest in one of the world's most popular investment coins by purchasing from a trusted online store.

Coins come from different vintages and may have minor imperfections. Bak possibility to choose a specific vintage.