By using our site, you acknowledge that you have read and Gold buyers and private investors in other countries were not allowed to buy Krugerrands through their Gold Each one-ounce coin weighs 33.93 grams (consisting of 31.1 grams pure gold and 2.83 grams copper). Named after South Africas first president, Paul Kruger, Krugerrand is a gold coin. In 1948, Sheldon developed the Sheldon Numeric Scale, which became the foundation of grading and certifying coins. Gold remained the only noble metal in the program until 2017, when the Silver Krugerrand was released as part of the 50th anniversary and the first ever silver coin made for silver bullion investors. 2016 Krugerrand Queen Elizabeth II 90th Birthday Mint Mark 1oz. $2,890.46 + $220.15 shipping. What are South African Gold Krugerrands made of? 1/4 oz Proof Krugerrand Gold Coin. The commodity can be traded in at any registered numismatic dealer whos familiar in dealing with the South African Mint. In the past 20 years alone, Krugerrands have appreciated by 50% per annum, compared to golds 25%. Buying from Apmex is always simple and easy and the quality is good! Great selection, prices and Fast reliable shipping. Krugerrand 1 oz Price: Get all information on the Price of Krugerrand 1 oz including News, Charts and Realtime Quotes. This ship date may vary slightly as it is wholly dependent upon the mint meeting their production schedule. Krugerrand 1 oz Price: Get all information on the Price of Krugerrand 1 oz including News, Charts and Realtime Quotes. | FAQs. Similar to the maple leaf on Canadian currency and the bald eagle on the United States currency, the springbok is a national symbol of South Africa. Location: Fractional sizes were introduced in 1980. But in the long-term, Krugerrands have risen in value significantly. His name was linked to the rand, which is the South African currency, and together make the Krugerrand. What are South African Gold Krugerrands made of? In 1923, the mint was moved to a new facility in Pretoria, and it began producing gold coins as well as silver. The history of gold mining in South Africa precedes the foundation of its first official mint, which dates back to 1890 in Pretoria. The inscriptions encircling the image refer to the coins year of mintage, weight, content, fineness, and its name, KRUGERRAND, which lies on the upper rim. This name is a combination of Rand, the name of the African unit of currency. To better understand the safety of your investment, its useful to know why gold is considered such a safe investment. And for the first time, the Mint included two other metal-based products containing 99.9% purity levels: the 1 oz Platinum Krugerrands and the 1 oz Silver Krugerrands. Since coins are initially valued because of their nature as precious metals, a drastic variation in the metals spot price, which is not often, may affect a coins value. Money Metals Exchange was named Best in the USA because of our high-quality educational content, great pricing, and white-glove customer service. Call, Learn and Invest Candlestick on | off Add this chart to Your website! The rest of the composition is copper, which makes the coin more rigid and durable. The item being sold must match the item displayed on this web page. These coins are minted by the South African Mint, located within Centurion, South Africa. WebA Krugerrand is a South African gold coin whose mintage began in 1967 and continues on into the present day. The South Africa Gold Krugerrand is 22 karats, 90% pure gold, 10% copper and contains one ounce of pure gold. Read The Latest Update Here. Seen by some as a controversial figure and others as a hero, he devoted his life to being a Boer military and political leader in the late 19th century, representing the nations interests against Great Britain, especially during the Second Boer War. 2014 Krugerrand Proof Fractional Set. The SA Mint attributed this failure to unspecified issues that changed the amount of metal percentages in the planchet during the production process. They come from one of the largest gold mines in the world in South Africa. They quickly grew in popularity and became one of the most well-known gold coins around the world. Is Krugerrand Gold a Good or Safe Investment? All the Gold modern bullion coins are 91.67% pure gold. If you are considering a South African Krugerrand for your coin collection, Provident Metals has a wide Krugerrand selection. For credit cards, put the order through with your billing address as the shipping address, and then call us to see if we can change it to an alternate. Failure to notify us of damage or tampering within 48 hours fromsignatureor delivery date may impact our ability to cover your claim. Some liken him to a folk hero, ready to sacrifice anything for his people. Beyond its obvious country of origin and primary material, the gold Krugerrand was first minted in 1967 as a means by which South African citizens could own gold. Money Metals Exchange was named Best in the USA because of our high-quality educational content, great pricing, and white-glove customer service. The South African Gold Krugerrand was introduced in 1967 as the official bullion coin of South Africa, and became the first commemorative gold bullion coin on the market as a vehicle for private gold ownership. 2014 Krugerrand Proof Fractional Set. Couldn't find this anywhere else. And for the first time, the Mint included two other metal-based products containing 99.9% purity levels: the 1 oz Platinum Krugerrands and the 1 oz Silver Krugerrands. The Krugerrand contains .9167 fine Gold, with an alloy of 8.33% Copper to bolster the Gold durability. WebThe Krugerrand ( / krurnd /; [1] Afrikaans: [kry.rrant]) is a South African coin, first minted on 3 July 1967 to help market South African gold and produced by Rand Refinery and the South African Mint. Today, this 22-karat gold beautys rich history and diversification potential continue to attract investors. In the last section of the checkout page, 4 Shipping Method, you will see the available shipping options for your order. The Sheldon Numeric Scale dictates that a coin's condition can fall between 1 and 70. With just coins alone, you have a wide array of options, depending on where you want to source the gold from, the mint you use, and how much gold you want each coin to contain. I really like buying from APMEX, selections are excellent, service is fast and quality is great. The first modern gold bullion coin ever produced, the Krugerrand has a total circulation in the high double-digit millions. Because they are valued as gold, you can trust Krugerrands to retain their worth quite well. That makes investing in Krugerrands more affordable and dynamic for those looking to adjust their investments as they go along. including UPS and FedEx, exempt precious metals from the insurance they provide.). Because the coins are only 91.67% gold (the remainder, 8.33%, copper) 22 karats they are manufactured to weigh a bit more than one ounce total (1 and 1/11 ounces) so that they contain one full troy ounce Note that the price listed is not a confirmed bid and buybacks are subject to $1,000 minimums as well as possible maximums depending on inventory positions. Always recieve top quality. Gold buyers and private investors in other countries were not allowed to buy Krugerrands through their Gold The 1-ounce Krugerrand gold coins were initially created as a form of currency, with the goal at the time being to promote South African gold. Nearly 22 million South African Gold Krugerrands were sold and shipped to buyers in the United States alone between 1967 and 1979 when Western nations enacted an embargo on South African goods in retaliation for its apartheid policies. The 1-ounce Krugerrand gold coins were initially created as a form of currency, with the goal at the time being to promote South African gold. South African 1 oz Gold Krugerrand Coin BU (Random Year), South Africa 1/10 oz Gold Krugerrand (Random Year), South Africa 1/4 oz Gold Krugerrand (Random Year), South Africa 1/2 oz Gold Krugerrand (Random Year), 2023 South Africa 1/10 oz Gold Krugerrand BU, 2023 South Africa 1/10 oz Proof Gold Krugerrand, 2023 South Africa 1/4 oz Gold Krugerrand BU, 2023 South Africa 1/4 oz Proof Gold Krugerrand, 2023 South Africa 1/2 oz Gold Krugerrand BU. better than bank interest. As soon as the apartheid regime ended, the sanctions were lifted, and Gold Krugerrands became globally available once more. The Krugerrands obverse design is an original creation of Otto Schultz, carries the presidents effigy with his long and thick beard and the countrys name in English and Afrikaans: SOUTH AFRICA and SUID-AFRIKA. In 1984 it underwent some modernization which did not alter the original version. I screwed up my order and they went out of their way to fix it so I received my order. South Africa has long been a hotbed of precious metal and gemstone mining. All Rights Reserved. " Mass production of Krugerrands began in 1970. With the start of apartheid, Krugerrand gold coins became less popular and accessible due to sanctions against South Africa. Order was a day later than expected, but received the following day. And for the first time, the Mint included two other metal-based products containing 99.9% purity levels: the 1 oz Platinum Krugerrands and the 1 oz Silver Krugerrands. Minimum Order Value Has Been Temporarily Set To $250. and seal securely with packing tape -- ensure nothing is rattling around inside the box. WebKrugerrands are gold coins that were minted by the Republic of South Africa in 1967. Krugerrands are 91.67% gold with the remaining weight being copper. The Krugerrand contains .9167 fine Gold, with an alloy of 8.33% Copper to bolster the Gold durability. WebAmazon.com: Krugerrand Gold Coins 1-48 of 104 results for "Krugerrand Gold Coins" RESULTS 1967 - Present (Random Year) 1 oz South African Gold Krugerrand Coin Gem Uncirculated GEMUNC 1 Rand PCGS 10 $2,34207 FREE delivery Wed, Jan This article will cover the history and evolution of the Krugerrand bullion coin program. Minimum Order Value Has Been Temporarily Set To $250. A Guide to Gold IRA Fees, What Are Bullion Coins? This product is currently on delay. and new product arrivals. But like other gold items, the amount will vary, between just under $1,100 and $2,100, depending on the market. Orders over $1000 will always require a signature for delivery. These numbers represent the amount of gold weight, and the copper adds to that weight. Additionally, Krugerrand is trademarked by Rand Refinery Limited. They deliver a great product for a reasonable price. Parties interested in acquiring or selling a collection of these particular gold coins within the States have both internet and brick-and-mortar options for purchasing. That is, until now, the 2017 1 oz South African Silver Krugerrand Coin is available to you now from JM Bullion in unique condition! Over time, the station grew into a permanent settlement, and in 1795, the British seized control of the colony from the Dutch. We will notify you by email once your order ships. While the reverse displays a native animal, the Springbok Antelope, the obverse carries a portrait of Paul Kruger, an essential political personality for the countrys Independence. More Krugerrands have been purchased than other 1 oz Gold coins available on the market. The animals name comes from a combination of the Afrikaans words for jump and antelope/goat. This animal is the only species within the Antidorcas genus of bovines. Krugerrand coins are the most recognizable one-ounce gold bullion coins. 1978 Krugerrand gold coin (reverse design) Thats when international embargoes and economic sanctions were placed against South Africa in response to its now-abandoned system of racial segregation known as apartheid. The other side has a Springbok, the national animal of South Africa. Originally published in.999 pure gold, the coins have included. 1 oz South African Gold Krugerrand - Random Dates, 2019 Patriot 1 oz Proof Like Silver Round - American Revolution, 1 oz Canadian Platinum Maple Leaf - Random Date, How much gold Krugerrands are worth depends on the price of gold. Although slightly heavier than one ounce (due to the copper alloy in the coin), each one contained exactly one ounce of fine gold. Sign Up NOW to Receive These Great FREE Benefits: Opt-out at anytime, hassle free. For instance, a 1 oz Gold Krugerrand is worth at least 1 oz or approximately 31,1 grams of gold. The 2011 edition had a single episode of underweight in a Gold Proof Krugerrand. Please read this section of the Terms and Conditions carefully. This name is a combination of Rand, the name of the African unit of currency. Issued by the South African Mint, the South African Gold Krugerrand receives its name from the fifth president of the country, Paul Kruger. Subscribe to our newsletter to receive exclusive discounts and industry news. The obverse image of Paul Kruger, the four-term President of the South African Republic, was created for this coin in 1967. As such, the Krugerrand rapidly grew in popularity as it was gold that could be bought and sold by U.S. traders. The gold Krugerrand actually weighs 1.09 troy ounces with the gold content being 1 pure troy ounce. 2014 South Africa 4-Coin Gold Krugerrand Proof Set PF-69 N 2013 South Africa 1 oz Gold Krugerrand BU, 2012 South Africa 1 oz Gold Krugerrand BU, 2011 South Africa 1/10 oz Gold Krugerrand, 2011 South Africa 1 oz Gold Krugerrand BU, 2010 South Africa 1/10 oz Gold Krugerrand, 2010 South Africa 1 oz Gold Krugerrand BU, 2010 South Africa 1 oz Proof Gold Krugerrand, 2009 South Africa 1 oz Gold Krugerrand BU, 2009 South Africa 1 oz Gold Krugerrand MS-69 PCGS, 2008 South Africa 1 oz Gold Krugerrand BU, 2007 South Africa 1/4 oz Proof Gold Krugerrand, 2007 South Africa 1 oz Gold Krugerrand BU, 2006 South Africa 1 oz Gold Krugerrand BU, 2005 South Africa 1 oz Gold Krugerrand BU, 2005 South Africa 1 oz Proof Gold Krugerrand, 2004 South Africa 1 oz Gold Krugerrand BU, 2004 South Africa 1 oz Gold Krugerrand PF-69 NGC, 4.9 Overall Satisfaction Rating, the Highest Score in the Industry. Today, JM Bullion offers the 1 oz South African Gold Krugerrand with various years of issue. Each Krugerrand gold coin contains close to an ounce of gold. The name Krugerrand is a combination of Paul Kruger, a prominent political leader and former president of the South African Republic (or the Transvaal Republic), and rand, the South African fiat currency. I have been ordering for years Subscribe to the JM Bullion newsletter to receive timely market updates and information on product sales and giveaways. However, all Krugerrands are legal tender and are fully backed by the South African Government. All the while, Krugerrands are still physical gold, so they cant be hacked or erased the way other investments could. Some factors influence the assessment of a particular coin to establish its value. Plus500. * All shipments are fully insured. Today the main facility is in Centurion, Gauteng province, near Pretoria. The Krugerrand is made from a gold alloy that is 91.67% pure (22 karats), and it contains one troy ounce of gold. Don't be the last to know about the latest deals and new product arrivals. WebThe Krugerrand has been minted since July 3, 1967. The dominant government closed the national mint to make it a British Royal Mint branch facility in 1923 to produce pounds sterling and other British sovereign coins. It became a national animal, a symbol of homage to its political conquest and natural heritage. The first coins produced for the republic were the gold "krugerrand" coins, which were introduced in 1967 and quickly became popular among investors around the world. Very easy !! The South African Mint has been producing uncountable Krugerrands for over 50 years, making them readily available in the market and potentially negotiable. 2015 Krugerrand Launch Set Winston Churchill. User Agreement. 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