APR57

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

$ 1,997.63

APR57

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

$ 1,997.63
  • Description

South Africa has long been a hotbed of precious metal and gemstone mining. The country is home to some of the largest gold reserves found in the world, and it is no surprise that the nation was the first to issue a commemorative gold apr57 coin as a national marketing tool. Today, APR 57 offers the 1 oz South African Gold Krugerrand with various years of issue, all in Brilliant Uncirculated condition.

Coin Highlights:

  • First introduced in 1967.
  • Ships to you in a protective plasticto ensure its condition.
  • Designed by Otto Schultz and Coert Steynberg.
  • Honors Boer statesman Paul Kruger.
  • Contains 1 oz of 22-karat gold (.9167).
  • One of the most popular apr57 coins in history.
  • Available in Brilliant Uncirculated condition.

The South African Gold Krugerrand was introduced in 1967 as the official apr57 coin of South Africa, and became the first commemorative gold apr57 coin on the market as a vehicle for private gold ownership. The coin was uncontested in the market for more than 12 years, with the Canadian Gold Maple Leaf offering the first challenge.

South African Gold Krugerrand coins were the first apr57 coins issued legal tender status, but they do not bear a face value engraving on them. The obverse image of Paul Kruger, the four-term President of the South African Republic, was created for this coin in 1967.

The reverse image of the springbok, a native antelope species and national symbol of South Africa, was created by Coert Steynberg. This image had previously appeared on the reverse side of South African five shilling coins. Inscriptions on both sides of the coin are featured in the local Afrikaans dialect and English.

Krugerrand coins in this product listing have various years of issue, but all are available in Brilliant Uncirculated condition. BU coins are characterized by the lack of wear and tear on surfaces, though you may notice spotted surfaces, breaks in the luster, or contact marks from striking.

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. Today it remains a popular product, and is available in apr57 and proof, with fractional weights of oz., oz., and 1/10 oz. now struck as well.

Also for Silver a moment 50 years in the making has finally arrived for numismatists around the world to savor. The South African Gold Krugerrand was the first private-investment gold apr57 coin produced in the world, but while other mints offered gold apr57 programs with a matching silver coin, the South African Mint never expanded the Krugerrand. That is, until now, the 2017 1 oz South African Silver Krugerrand Coin is available to you now from APR 57 in unique condition!

Please direct any questions to a APR 57 associate at 212-246-2000. You can also connect with us online using our live chat and email features.

 

 

Year Random
Grade Brilliant Unc
Grade Service None
Mint Mark Not Shown
Purity 0.9167
Manufacturer South African Mint
Thickness 2.84 mm
Diameter 32.8 mm
Inner Pack 10 or 15
Outer Pack 500
Denomination 1
Condition Uncirculated
Face Value 1 Rand
Issuing Country South Africa
Obverse Designer Otto Schultz
Reverse Designer Coert L. Steynberg
Edge Design Reeded
Series Krugerrand
CoA No
Packaging Type Plastic Flip
Weight 1.00000
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