1 oz Gold Krugerrand
Krugerrands are one of the most widely held and traded gold bullion coins in the world. First minted in 1967, the South African Krugerrand is a popular investment coin produced by the South African Mint. On the obverse, this uncirculated item portrays Paul Kruger, the four-term president of the old South African Republic, after whom the Krugerrand was named. The reverse features the springbok antelope, which is the national animal of South Africa.
The success of the one ounce South African Gold Krugerrand in the 1970s was the catalyst for many other countries to create their own legal tender gold coins, such as the American Gold Eagle and Canadian Gold Maple Leaf. The Krugerrand became so popular during that time it is believed to have comprised around 90% of the gold bullion coin market worldwide. Its global presence on the market contributes to its strong liquidity and tradability.
The Krugerrand is alloyed with copper, creating 22k fineness, which makes it a highly durable coin that is more resistant to damage and scratching.
When you buy 1 oz Gold Krugerrands from Upstate Coin & Gold, you will receive top quality coins packaged in protective plastic flips.