1 oz 2023 Krugerrand Gold Coin | Rand Refinery
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Gold Krugerrands are amongst some of the world's most recognizable bullion products, minted by the Rand Refinery and the South African Mint, two pioneers in the precious metals bullion industry.
Purchase your 1 oz 2023 Gold Krugerrand coin from our online store to enjoy the web’s lowest price!
- Typically ships individually in plastic capsules
- Consisting of 1 oz of 9167 Fine Gold
- Obverse: Features a left profile relief of Paul Kruger, the final president of the former South African Republic, along with the inscriptions "SUID-AFRIKA" and "SOUTH AFRICA"
- Reverse: Features a depiction of a Springbok Antelope along with the mintage year, metal type, weight and inscription "KRUGERRAND"
The Krugerrand coin series is a worldwide-known collection that started in 1967 to help South Africa’s prestigious precious metal industry expand its reach and encourage individual ownership of gold amongst investors. In a matter of decades, the South African Krugerrand became one of the most recognized gold coins in the world.
After World War II, most nations abandoned the gold standard, and before 1967 gold coins were generally used as circulation coins. Therefore, even though gold Krugerrands are considered legal tender, they are not assigned a face value as they are not meant for circulation but for private gold ownership instead.
The reverse side bears the classic image of South Africa’s national animal, the Springbok Antelope, traversing the ‘veld’ of its homeland. Set within a light, decorative frame, you’ll also find the ‘Krugerrand’ title and the year of the issue, along with details of content (shown in Afrikaans and English) and weight.
The obverse bears the likeness of the final president of the former South African Republic (which later became known as Transvaal), Paul Kruger, who lived from 1825 to 1904. Also, on the obverse, within a decorative frame, the South African legend is in both Afrikaans and English.
While Paul Kruger is considered a controversial figure due to his status as the ‘face of the South African ‘Boer,’ his death actually precedes the beginning of the Apartheid regime by 44 years, and the bullion coin that bears his name is considered a welcome and much-needed source of revenue for the New South Africa.
Each 1 oz gold bullion coin comes in brilliant uncirculated condition and is eligible for free shipping! Buy a 2023 South African Krugerrand today!
ABOUT THE RAND REFINERY
Established in Germiston, South Africa, in 1920, The Rand refinery was constructed to efficiently maximize the abundant quantities of gold present in the beautiful African nation. The Rand refinery became globally recognized as the sole refiner and producer of the world's first bullion coin, the Gold Krugerrand, possibly the most recognizable bullion coin in the world. In addition to the production of the Krugerrand, the Rand Refinery is also responsible for producing sleek, elegantly styled gold ingots.
|Otto Schultz (obverse), Coert Steynberg (reverse)
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