The Gold South African Krugerrand is the world’s first gold bullion coin and remains one of the most successful gold coins ever minted. Released in 1967, the Krugerrand is an international symbol of wealth and prestige. The obverse features South African Republic’s first president, Paul Kruger. The reverse depicts South Africa’s symbol, the Springbok gazelle.
The Gold Krugerrand has a 22 Karat purity giving it a more durable surface. The Gold Krugerrand has no official face value - they are traded based on the world market price of gold. The Gold Krugerrand is extremely liquid and easy to trade internationally.
Gold Krugerrand Coins are one of the most invested precious metal forms in the world. That is due to its purity and unique design. The first president of South Africa republic, Paul Kruger, is depicted on the head side of this gold coin. On the back side the South African antelope is stamped. Besides there depicted the date of production and the purity of gold. Each 1 oz gold krugerrand coin has the weight of ninety-one and two thirds of gold content, and eight one third of copper content. These beautiful gold coins are always considered as the lawful money under South African legislation. The South African Mint produces and mints these gold coins. Krugerrands gold coins are quite solid. They are interfused with a few of copper.
