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1/2 oz South African Krugerrand | Gold | Random Year

1/2 oz South African Krugerrand | Gold | Random Year

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Product Details

Availability

In Stock

Metal

Gold

Mint

Rand Refinery South Africa

Series

Krugerrand

Type

Coin

Weight

1/2 oz

Year

Random

Product Description

Arguably the most renowned and once the sole gold bullion coin globally, the South African Krugerrand has long dominated the precious metals market for private investors and collectors. Today, BullionSelect offers you the opportunity to acquire your own ½ oz South African Gold Krugerrand coin from assorted production years. Introduced in 1967, the Krugerrand quickly became the go-to choice for gold bullion, comprising over 90% of the global gold coin market. It held its position unchallenged until 1979, when the Royal Canadian Mint launched the Canadian Gold Maple Leaf.

The decline of the South African Krugerrand wasn’t due to any flaws in its quality but rather stemmed from political factors. The apartheid regime in South Africa, which enforced racial segregation, prompted Western countries to impose a ban on importing South African Krugerrands in the late 1970s and 1980s.

Despite the import restrictions, an estimated 22 million Krugerrands found their way into the United States alone between 1974 and 1985, underscoring its enduring appeal and craftsmanship.

On the obverse, Otto Schultz’s design presents a left-profile portrait of Paul Kruger, the four-term president of the former South African Republic under Boer governance, after whom the coin is named.

The reverse features the springbok antelope, the official emblem of South Africa, with engravings in both English and Afrikaans. The coins you’re acquiring from BullionSelect today may vary in their year of issue, and the specific specimens you receive will depend on availability at the time of your order fulfillment.

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