1 oz Krugerrand Gold Coin | Mixed Years

The 1oz Gold Krugerrand Coin Mixed Years

The South African Krugerrand is among the most prestigious coins in the bullion market. Made from 22-karat gold, the iconic coins were the first bullion to be made available to a private investment market and are still as highly regarded today as they were when they first made an appearance in 1969. Subsequently, the Krugerrand is one of the most accessible bullion coins available, carry a low purchase premium and boast a high liquidity. Investors looking to improve the diversity of their investment portfolio, or add gold to their collection for the first time, the South African Krugerrand represents a good choice.

Why buy mixed year 1oz Gold Krugerrand Coins?

Krugerrand coins are a worthwhile investment regardless of the year in which they were minted – but given the history of these coins, buying one from our collection of mixed year make your purchase a little bit more special. What makes the Krugerrand such a good investment is they are recognized all over the world. As a result, the Krugerrand in the modern market is easy to buy and easy to sell. Gold has generally been considered a safe haven investment and has often performed well, particularly during times of financial instability. Purchasing a 1oz Krugerrand at a competitive price could potentially lead to a healthy profit over the long term.

Description

Krugerrands are recognized by the distinctive orange hue and the galloping Springbok Antelope depicted in full stride on the reverse side of the coins. On the obverse side is the profile of the esteemed South African President, Paul Kruger, the hero of the first Boer War who successfully held office for four consecutive terms between 1883 and 1900. The coin takes its name from Kruger, together with Rand, the national currency of the country.

History

The South African Krugerrand was first minted in 1967 after the South African Central Bank took the decision to produce gold bullion coins for private investors. At the time, bullion was not available to a wider audience of investors and was instead reserved only for professional investors of large institutions.It was considered a bold move at the time, but the Krugerrand proved extremely successful and plugged a gap in the market. Ultimately, it shaped the bullion trade we know today. The South African coins are therefore an iconic collector's item and are as popular today as they were in the 1970's.

Security of Krugerrand gold coins

Despite the efforts of forgers to produce counterfeit coins, the security measures employed by the world's leading mints make it practically impossible for gold bullion coins to pass the attention of experienced dealers like our experts at StoneX Bullion. The South African Mint is no exception and the Krugerrand is made to precise specifications using the latest minting technologies. Furthermore, the coins are scrupulously inspected to ensure they are genuine. As a leading dealer of gold bullion coins we also buy 1oz Krugerrands from sellers, so if you have any in your possession and would like to cash in on your investment contact a member of our staff and we will be happy to prepare an offer on your behalf.