Description
Invest in a timeless piece of history with the 1/2 oz South African Gold Krugerrand. First minted in 1967 in only a one-ounce weight, the series expanded to include fractional-ounce Krugerrands in 1980, including the 1/2 oz coin.
Each 1/2 oz Krugerrand contains 0.5 troy ounces of 22-karat gold, with a purity of 91.67%. These coins are recognized as legal tender in South Africa and have been traded by investors and collectors alike for over 50 years.Â
The coin’s obverse features a portrait of Paul Kruger, the former president of South Africa, while the reverse features a springbok antelope, a national symbol of South Africa. The design is a testament to South Africa’s rich history and cultural heritage. The design elements have not changed since its inception in 1967.
The Krugerrand is known as the world’s first modern bullion coin program, and dominated the market for many years. The Krugerrand was an instant success, and its popularity helped to spur the creation of other modern gold bullion coins, such as the American Gold Eagle and the Canadian Gold Maple Leaf.
However, the Krugerrand’s success was not without controversy. During the 1970s and 1980s, South Africa was under international pressure due to its apartheid policies, and many countries around the world imposed economic sanctions against the country. As a result, the Krugerrand was eventually banned in many countries, including the United States.
Despite this setback, the Krugerrand remains an important symbol of modern coinage and a beloved collector’s item. Today, the ban on the Krugerrand has been lifted, and the coin is once again available for purchase in many countries around the world, including the United States.
Buying a random year Krugerrand offers a unique opportunity to acquire a piece of history at a lower premium than buying a newly minted coin. Each random year coin is chosen at random from the available inventory.
At GoldClub Direct, we offer competitive pricing and fast, insured shipping for your convenience. Our experienced team is dedicated to providing the highest level of customer service, and we stand behind the authenticity and quality of every product we sell.
