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The South African 1 oz Gold Krugerrand Coin BU (Random Year) is a globally recognized gold bullion coin that offers an excellent balance of historical significance and investment value. With a gold content of 1 oz and .9167 fineness, the Gold Krugerrand is a staple for collectors and investors alike. Despite its lower fineness compared to .999 fine coins like the Gold Buffalo or Gold Maple Leaf, the Krugerrand still contains 1 full ounce of pure gold.
Important Note
Dates on these random year coins will be of our choosing and may or may not vary, determined by stock on hand.
South African 1 oz Gold Krugerrand Coin BU Design
The coin's obverse depicts Paul Kruger, a key figure in South African history, with inscriptions in both of the country's official languages. The reverse features the iconic springbok antelope, symbolizing South Africa's rich natural heritage.
The South African Mint
The South African Mint has been producing Krugerrands since 1967, establishing itself as one of the most trusted mints in the world. The Krugerrand was the first gold bullion coin to be mass-produced and remains a popular choice for investors worldwide.
Historical Context
The Krugerrand's legacy is intertwined with the history of apartheid. Due to South Africa's apartheid policies, the import of Krugerrands was banned in the U.S. in 1985, leading to the creation of the U.S. Gold Eagle program. However, since the end of apartheid and the lifting of the ban in 1994, the Krugerrand has largely shed its affiliation with that era. It has once again become a globally appreciated gold coin, enjoying great popularity and high liquidity in the marketplace.