If you want to buy gold, there are few coins better to own than the Gold South African Krugerrand. The world’s first gold bullion coin for private investment, the Gold South African Krugerrand debuted in 1967 and took the world by storm. By 1980, it represented 90% of the gold bullion coin market. Today it remains a force in the market. Right now, 2020 1/10 oz Gold South African Krugerrand Coins are available to purchase online at Silver.com.
- Ships to you inside of a protective flip or a mint tube of 50 coins!
- 54th issue year for Gold South African Krugerrands!
- Consists of One-Tenth Troy ounce of actual gold content.
- The obverse offers the image of Paul Kruger.
- On the reverse is a design of the Springbok antelope.
When you purchase these 2020 1/10 oz Gold South African Krugerrands, the coins you receive will either ship individually inside of a protective plastic flip or in multiples of 50 with mint tubes. All of the coins in this listing are in Brilliant Uncirculated condition from the South African Mint.
Gold Krugerrand coins originally consisted of only a 1 oz gold weight. This singular option dominated the early precious metals investment market. After selling just 40,000 coins per year from 1967 to 1969, the Gold Krugerrand reached a single-year mintage of six million in 1978. The increasing success of the program led to the eventual introduction of the fractional-ounce coins in 1/2 oz, 1/4 oz, and 1/10 oz weights.
The obverse of the 2020 1/10 oz Gold South African Krugerrand comes with a design of Paul Kruger. Known colloquially as Oom Paul in Afrikaans, he was a beloved figure in South Africa before independence. He served as a military leader during the Boer Wars and was one of three men leading the nation through a transition when the triumvirate governed prior to the founding of the republic. Kruger would go on to serve as the first president of the new republic.
On the reverse side of 2020 1/10 oz Gold Krugerrands is the Springbok antelope. This creature is the official symbol of the Republic of South Africa and features in right-profile relief on this side of the coin. Both this design and the obverse were last modified in 1984. The original works were created in 1967 with Coert Steynberg developing the Springbok antelope design and Otto Schultz the bust of Paul Kruger.
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