South African Krugerrands
The South African Krugerrand is the single-most popular bullion coin ever produced,
with over 42 million units having been minted since the coin’s introduction in 1967.
The Krugerrand was introduced with the intention of introducing it as currency,
but it later became apparent that the coin would flourish as a means of private
investment. Each year, the obverse of the coin features the bust of Boer Statesman
and 4-term President of the South African Republic, Paul Kruger. The reverse of
the coin features a picture of a springbok, a deer-like animal recognized as a national
symbol of South Africa. The coins come in 4 sizes: 1/10 oz., 1/2 oz., 1/4 oz., and
1 oz. They are minted of 22-karat gold.
Facts About the South African Krugerrand:
- The South African Krugerrand has experienced sorted global distribution over the
last 43 years, due primarily to two events: the expiration of certain provisions
of the Gold Reserve Act of 1934, and the installation and repeal of South African
Apartheid.
- In 1980, the Krugerrand accounted for over 90% of the gold coin market.
- The addition of the term “rand” to Kruger’s last name refers to the name of the
South African currency, the rand, and nods to the historical significance of its
role as a currency.
- The name “South Africa” is stamped on the obverse of the coin in both English and
Afrikaans.
Buy Krugerrands
Why Buy the South African Krugerrand?
The South African Krugerrand’s unique status in the history of modern coin collecting
makes it a necessary addition to any numismatist’s collection. Its majestic, yet
simple, design makes it visually appealing, while its construction and gold content
make it intrinsically valuable. Many investors and coin collectors recognize this
and demand the Krugerrand from their precious metals dealer.
Precious Metals – Now!
In addition to the numismatic value of the South African Krugerrand, there exists
the rising demand for its content – gold. With recent and ongoing global events
which have the ability to shape markets and influence demand, precious metals, especially
gold, have enjoyed an increase in popularity. Spot prices have risen, and continue
to trend upward. Many investors have already recognized this, and have made their
move to get in on the ground floor. Call Gainesville Coins today at 813.482.9300
and let us help you become one of them.
See our entire selection of
South African coins.
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