Product Description
Backdated South African Mint – 1oz South Africa Krugerrand
The South African Krugerrand 1 oz. Gold coin has long dominated the bullion market and remains one of the most widely held and actively traded gold coins worldwide.
Introduced in the 1970s, it was the first gold bullion coin marketed for private ownership and minted in precise 1 oz. increments of fine gold. Developed by the South African Chamber of Mines and authorized by the South African Reserve Bank, the Krugerrand has seen nearly 46 million ounces produced and distributed globally. It is minted at the Rand Refinery in Germiston, the world’s largest smelting and refining complex, which exclusively supplies gold blanks for Krugerrands under authorization from the South African Treasury.
Designed for gold trade and private ownership, the Krugerrand is made of 22-karat gold and carries no face value, ensuring its worth is tied to the gold spot price. It is highly regarded for its low premium and ease of liquidation worldwide.
