2017 1 oz South African Gold Krugerrand Coin (BU)

The Krugerrand is the world’s longest running gold bullion coin program. It was first introduced in 1967, and for more than two decades dominated the precious metals market place as private investors began to flock to gold bullion coins and other products as safe-haven options. Right now, the 2017 1 oz South African Gold Krugerrand Coin is available to purchase from JM Bullion.

Coin Highlights:

• Arrives in a protective plastic flip or mint tube of 10 coins.
• 50th anniversary of the South African Gold Krugerrand!
• Contains 1 Troy oz of actual gold content in BU condition.
• Obverse features the image of Paul Kruger in profile relief.
• Reverse includes the Springbok antelope.

Each 2017 1 oz South African Gold Krugerrand in this product listing is in BU condition. Coins in this condition exhibit no signs of wear and tear on the surfaces, but may feature minor flaws ranging from breaks in the luster and spotted surfaces to contact marks from the coining process.

South African Gold Krugerrand coins debuted in 1967 as South Africa sought to market its gold to private investors around the world. For more than two decades, the Krugerrand was the only option for those looking to invest in or collect gold coins. The introduction of the Canadian Gold Maple Leaf (1979), Chinese Gold Panda (1982), and American Gold Eagle (1986) cut into the Krugerrand’s dominance, as did the economic boycott of its apartheid system.

The obverse of the 2017 1 oz South African Gold Krugerrand Coin features the left-profile portrait of Paul Kruger. He was the 5th President of South Africa and a major political and military figure in early 20th century South Africa during the Boer Wars.

On the reverse of all South African Gold Krugerrand coins is the image of a Springbok antelope. Both sides of the coin have engravings in both English and the native Afrikaans spoken by tribes and ethnic groups in South Africa. The designs on the modern obverse and reverse were refined in 1984, with Otto Schultz revitalizing Kruger’s portrait and Coert Steynberg reimagining the Springbok antelope.

The South African Mint is the official sovereign mint of the Republic of South Africa. Headquartered in Centurion, in Gauteng province outside of Pretoria, it produces coinage for the South African Reserve Bank.

Also for Silver a moment 50 years in the making has finally arrived for numismatists around the world to savor. The South African Gold Krugerrand was the first private-investment gold bullion coin produced in the world, but while other mints offered gold bullion programs with a matching silver coin, the South African Mint never expanded the Krugerrand. That is, until now, the 2017 1 oz South African Silver Krugerrand Coin is available to you now from JM Bullion in unique condition!

If you have any questions, please don’t hesitate to ask. JM Bullion associates are available on the phone at 800-276-6508, or you can connect with us online through our live web chat and email features.