Krugerrand
Throughout the ages the shimmering beauty of pure gold has captivated mankind and the desire to own exquisite objects crafted from this precious metal.
The South African Krugerrand was the first gold coin to contain one troy ounce of gold. First produced in 1967, the Krugerrand celebrated its 50th birthday in 2017, and it’s still one of the top-selling gold. Monex Gold South African Krugerrand price charts feature ask prices per ounce for.9167 fine one troy ounce pure gold Krugerrand coins, available in units of 10. The 3-Month Live chart incorporates the latest price per ounce for the current trading day, while the 6-Month Candlestick, 1-Year Close, 5-Year Close and 10-Year Close charts show the. The Krugerrand was first introduced in 1967, as a vehicle designed to encourage individuals to own gold. Design of the South African Krugerrand - The Krugerrand's obverse (front), designed by O. Schultz, features the first President of the South African Republic, Paul Kruger.
Gold coins have always represented the ultimate in wealth and prestige.
For collectors no other metal can match the quality and lustre of coins struck in the finest gold. South Africa ranks among the very few countries where gold coins have been minted as negotiable currency and still remain available for general purchase, allowing collectors to own a share in the countries production of fine gold.
The first Krugerrand’s,consisting of 1 troy ounce of fine gold were struck by The South African Mint on 3 May 1967 .The design of the Krugerrand was based on the ZAR or Kruger Ponde, historical coins of South Africa,
The obverse (front) of the Krugerrand depicts the bust of Paul Kruger who was president of the ZAR (Zuid Afrikaansche Republiek), which comprised of the old Transvaal, when the Witwatersrand gold was discovered in 1886.
The reverse of the Krugerrand depicts a prancing Springbok.