1oz South African Gold Krugerrand (BU, Random Year)

Gold Spot Price $1,341.23
Quantity
Check & Wire
Bitcoin
Credit Card
1+ $1,369.22 $1,382.91 $1,423.99
10+ $1,365.22 $1,378.87 $1,419.83
20+ $1,361.22 $1,374.83 $1,415.67
In Stock

This item is in stock and ready to ship.


During the late 1960s and early 70s, when South Africa's annual gold mine output averaged 75% of total output in the western world, the promotion of gold was considered vital, following the final collapse of the Gold Standard in 1971. 

The chosen vehicle to drive the demand was the Krugerrand, which was developed in the 1960s by the Chamber of Mines of South Africa, working closely with the South African Reserve Bank and the South African Mint. 

The Krugerrand was the world's first ounce-denominated gold coin. Although they are legal tender, they have never recorded a face value on their obverse or reverse sides. This was done to emphasize that the value of each coin is directly related to the prevailing value of their fine gold content. They were mass produced to enable the "man in the street" to purchase gold easily and with confidence. 

The first 22 carat gold Krugerrand was minted on 3 July 1967. Since its inception more than 50 million Krugerrands in all sizes have been minted. 

Secondary Market Advantage
Secondary Market items like this one are items that we have bought back from private investors, estates, and trusts. These secondary market items generally carry less expensive premiums than their brand new direct from mint counterparts and make a great bargain purchase.

Authenticity Guarantee
While many of our products are brand new and delivered to us directly from the mint, some products like this one are "secondary market" products that we have bought back from private investors or estates. In these instances we thoroughly test each individual item for purity using an advanced metal resistivity testing process in addition to a visual inspection by a trained and experienced precious metals trader. SilverRound.com guarantees all secondary market item we sell for purity and authenticity.

Metal Gold
Weight 1 Troy Ounce
Purity 22 Carat
This item ships for free!

Fast Shipping: Everything we sell ships the same or next business day. Most orders arrive within 2-4 business days. Please note that orders paid by check may be subject to additional clearing time.

Secure Packaging: We have learned a thing or two about shipping gold and silver over the last 57 years. All of our packages are double boxed and wrapped in protective padding to ensure they arrive at your door in the same condition they left the mint. Additionally, we use discreet labeling and your package will not say gold or silver anywhere on the outside.

Fully Insured: All of our shipments are fully insured from our door to yours. We will replace or refund any packages lost or tampered with in transit.

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