Introduced in 1967, the Gold Krugerrand coin from the South African Mint and the Rand Refinery had established itself as the leading gold bullion coin for private investors by 1980. Following surges in the price of gold during the mid and late 1970s, the Gold Krugerrand accounted for 90% of the gold bullion coin market by 1980. Today, 2019 1/4 oz Gold South African Krugerrand Coins are available to you online at Silver.com.
Coin Highlights:
- Available to ship inside of individual protective packaging or mint tubes of 50 coins!
- 53rd available year for Gold Krugerrands and 40th issue of 1/4 oz coins!
- Consists of One-Quarter Troy ounce of actual gold content.
- The portrait of Paul Kruger is on the coin’s obverse.
- A Springbok antelope is depicted on the coin’s reverse.
The Gold South African Krugerrand coin was originally available only as a 1 oz coin. This makes it all the more impressive that the Gold Krugerrand was able to dominate the gold bullion coin market early on. That early dominance pushed the South African Mint to consider expanding the series to include other weight options. In 1980, the mint introduced the first new options in the series with three fractional-weight Gold Krugerrands.
All 2019 1/4 oz Gold South African Krugerrand Coins are available to you for purchase inside of individual protective packaging or mint tubes of 50 coins. Gold South African Krugerrand Coins are originally available from the mint in Brilliant Uncirculated condition.
The 1980 introduction of fractional-weight Gold Krugerrands included a 1/10 oz and 1/2 oz gold coin in addition to these 1/4 oz gold coins. The Gold Krugerrands remained immensely popular despite a ban on their importation in many Western nations. For example, the United States was the largest market for these gold coins by 1985.
Paul Kruger’s portrait appears on the obverse of all 2019 1/4 oz Gold South African Krugerrand Coins. The depiction of Kruger is in left-profile relief and captures his recognizable beard in a design that has been modernized just once in the program’s history. Otto Schultz upgraded the design of the Krugerrand’s obverse in 1984.
The reverse of 2019 Gold South African Krugerrand Coins features the national symbol. The Springbok antelope is the symbol of South Africa and is a species of antelope commonly found throughout various nations in southern Africa. This side of the coin includes engravings of the weight, metal content, and date of issue.
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