Description
Introducing the 1/10 oz South African Gold Krugerrand (Random Year), a timeless classic that has been a staple of the gold market for over 50 years. First introduced in 1967, the Krugerrand series was the world’s first modern gold bullion coin and quickly became a dominant force in the gold market. In 1980, the series expanded to include the 1/10 oz coin and other fractional ounce coins.
The Krugerrand series was initially created as a way for South Africa to market its vast gold resources to the world. The coin quickly became a popular choice among investors and collectors alike, and its dominance continued throughout the 1970s.
However, the Krugerrand’s popularity suffered a significant setback in the 1980s due to South Africa’s apartheid policies, which led to international sanctions and a boycott of the coin. As a result, the Krugerrand lost its dominant position in the gold market to other modern bullion coins.
Despite its temporary downfall, the 1/10 oz South African Gold Krugerrand remains a popular choice among collectors and investors. Its historic significance and classic design make it a valuable addition to any gold collection.
Each 1/10 oz South African Gold Krugerrand is minted in 22-karat gold, with a purity of 91.67%. The coin features the image of Paul Kruger, the former president of the South African Republic, on the obverse, while the reverse showcases the national animal of South Africa, the springbok antelope.
Please note that the specific year of the coin will be selected at random based on our stock during the fulfillment process.
Invest in a piece of history with the 1/10 oz South African Gold Krugerrand (Random Year). Order yours today from GoldClub Direct and experience the enduring legacy of the world’s first modern gold bullion coin.
