When the South African Mint and Rand Refinery introduced the fractional-weight Krugerrands in 1980, the program was already the most popular among gold bullion investors. In 1980, the Gold Krugerrand accounted for 90% of the gold bullion coin market even with a Western boycott on the coins associated with the nation’s apartheid system. The 2019 1/2 oz Gold South African Krugerrand Coin is currently available to you for online purchase at Silver.com.
- Coins ship to you inside of individual protective packages or mint tubes of 15 coins!
- 53d year of availability for Gold Krugerrands and the 40th issue of 1/2 oz Gold Krugerrands!
- Consists of One-Half Troy ounce of actual gold content.
- A portrait of Paul Kruger is found on the obverse of the coin.
- The image of a Springbok antelope is on the reverse of the coin.
The largest of the fractional weights introduced by the South African Mint in 1980 was the 1/2 oz Gold South African Krugerrand. It is accompanied by the 1/4 oz and 1/10 oz gold coins in this collection. Despite international efforts to curtail gold exports of the Krugerrand from South Africa in the 1970s and 1980s, the Gold Krugerrand’s largest foreign market for investors by 1985 was the United States.
Since their 1967 introduction, the Gold South African Krugerrand has sold a total of 50 ounces of gold. Each Gold South African Krugerrand coin has a gold content of .9167 purity, which is 22-karat gold. Current Gold Krugerrand coins have designs that were updated in 1984 by Otto Schultz (obverse) and Coert Steynberg (reverse).
On the obverse of 2019 1/2 oz Gold South African Krugerrand Coin is the image of Paul Kruger. The first elected president of the South African Republic in 1883, Kruger had previously served as a military leader during the First Boer War with Great Britain and then has a leader in the triumvirate that governed the South African Republic prior to Kruger’s election as president. This left-profile portrait depicts Kruger without his iconic top hat but with his recognizable long beard.
The reverse side of 2019 Gold South African Krugerrand Coins features the image of a Springbok antelope. This is one of the most common species of antelope on the African continent and is native to the southern reaches of the continent. The Springbok is particularly widespread throughout South Africa.
These 2019 1/2 oz Gold South African Krugerrand Coins are available to purchase inside of individual protective packaging or within mint tubes of 15 coins per tube. Each individual coin is available to you in Brilliant Uncirculated condition.
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