![]() ![]() The Krugerrand was conceived and created in 1957 as a legal tender 22-carat gold coin that could be affordable to all savers and private investors, to promote the gold in which South Africa was and is rich and for which it has been appreciated for centuries. The reverse of the Krugerrand depicts a prancing Springbok. The Gold Krugerrand as the first form of gold coin investment. The obverse (front) of the Krugerrand depicts the bust of Paul Kruger who was president of the ZAR (Zuid Afrikaansche Republiek), which comprised of the old Transvaal, when the Witwatersrand gold was discovered in 1886. Among the more popular gold coins around is the Krugerrand which the South African government issues, the Krugerrand is one of the oldest gold coins issued in the world with a standard gold content or fineness of 0.916. The design of the Krugerrand was based on the ZAR or Kruger Ponde, historical coins of South Africa, Rand Gold Coins are the historical counterpart to South Africas world-famous Krugerrand gold coin and theyre ideal for buyers at every level. The first Krugerrand’s,consisting of 1 troy ounce of fine gold were struck by The South African Mint on. South Africa ranks among the very few countries where gold coins have been minted as negotiable currency and still remain available for general purchase, allowing collectors to own a share in the countries production of fine gold. The researchers, from UCL Archaeology South-East, discovered 800 stone artefacts, thought to be more than 300,000 years old, buried in material that filled a sinkhole and ancient river channel. Coin Highlights: Gold Content: 1 troy oz. Gold coins have always represented the ultimate in wealth and prestige.įor collectors no other metal can match the quality and lustre of coins struck in the finest gold. Struck from 22-karat gold, the Krugerrand has a warm reddish-gold hue that distinguishes it from other gold coins. Throughout the ages the shimmering beauty of pure gold has captivated mankind and the desire to own exquisite objects crafted from this precious metal. ![]()
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