Set of South African/African gold coins «Krugerrand» 2007, 52.76 g of pure gold (sample 0.917)

History

Krugerrand appeared on July 3, 1967 in South Africa. At that time, it was considered an official means of payment, and the sale was carried out with a very small margin. The coin got its name by combining two words: Kruger - the surname of the President of South Africa, who was re-elected 4 times, the state leader and the national hero. It was his profile that was minted on the obverse. Rand is the monetary unit of the Republic of South Africa.

In the 80th year, South Africa's investment coin occupied almost 90% of the total world sales of precious metals. Then the coin began to be minted in other weight ratios: half and one tenth of an ounce. A few years later, South Africa came under sanctions and lost the opportunity to sell its gold on the world market. Mints of other states took advantage of this by issuing their own investment assets.

Only in 1994 did Krugerrand reappear on sale. But even despite the already high competition, he quickly took a leading position in the world market. To this day, this gold coin is considered in demand and revered not only among investors, but also among collectors.

Buy/Sell

Krugerrand is a very profitable investment. There are not many liquid coins in the world. In the KALITA.GOLD online store, the gold Krugerrand can be bought at the optimal price. We guarantee high quality and authenticity of copies. You can also contact us for the sale of precious metal products.