The 1 oz Gold South African Krugerrand is minted in 22-karat gold (.9167 fine) by the South African Mint Company. (Show more....) Alloyed with copper for exceptional wear-resistance, the coin has a beautiful rose-tinted hue.
First minted in 1967, the Krugerrand was, for many years, the only bullion gold available in the market. Unlike most bullion coins from national mints, Krugerrands, since their first mintage have had no face value or denomination because their value was linked to the daily gold price.
The obverse surface of the Krugerrand coin bears an effigy of Paul Kruger, the President of the historical South African Republic. Kruger is revered in South African history as the face of the Boer resistance against British rule in the Transvaal. This effigy was struck from the original die used in 1892 for the Kruger half-crown coin. The reverse surface of the coin, designed and engraved by famed South African sculptor Coert Steynberg, bears the image of a prancing springbok, a national symbol
The history of the South African Mint goes back to the opening of the first state mint in Pretoria in 1892. The current South African Mint came into being in 1941 when the south African government took over the Pretoria branch of the Royal Mint.
First minted in 1967, the Krugerrand was, for many years, the only bullion gold available in the market. Unlike most bullion coins from national mints, Krugerrands, since their first mintage have had no face value or denomination because their value was linked to the daily gold price. See the Kitco news article about this historic coin on its 50th anniversary.
You can store your 1 oz Gold South African Krugerrand Coin safely and securely with Kitco Allocated Storage. Kitco offers you global options for gold, silver and platinum bullion storage that is fully segregated, insured and allocated. Kitco's network of top-tier vaults includes some of the most secure storage facilities in the world, in Canada, Hong Kong or the United States (COMEX approved). Cayman Islands storage is also available (certain conditions apply). Find out more about keeping your gold, silver and platinum purchases secure, with our Global Precious Metals Storage Solutions.
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