Krugerrand

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Price: $1,386.23
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Item Number: NK1709

Gold Krugerrands – one troy ounce

Krugerrands are the world’s best-known gold bullion coins and have been issued annually since 1967.   They were created as a vehicle for private ownership of gold at a time when it was illegal for citizens of the United States to own gold bullion, but legal for them to own foreign coins. The Krugerrand was issued with legal tender status in South Africa, making it legal for Americans to own. It was intended to circulate as currency therefore it was minted in a more durable gold alloy, Unlike most other bullion coins, Krugerrands have no face value, its legal tender value is the bullion value of its metal at the current market price of gold. The Krugerrand was the first bullion coin to have this kind of legal tender value. It was also the first gold coin to contain precisely one ounce of fine gold.

Krugerrand – South Africa
Weight: 1 troy ounce
Diameter: 32.77 mm
Purity: 22 karat
Condition: BU
Date: Our choice of dates
 
 

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Product Reviews

(4 Ratings, 1 Review) Average Rating:
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South African .999 Gold Kruegerrand
John David Williams III (Louisville, KY) 4/16/2013 4:10 PM
The one ounce Krugerrand stands alone as one of the finest coins ever struck. With gold prices near their lows of 2011, it's a great time to put one these back for the future. If I could afford it, I'd put away 100! Westminster seems to have the lowest margins on gold coins such as this. Buy Here! MS70 Sellers.