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Originally minted in 1967, the South African Krugerrand is the original gold bullion investment coin and is still as popular today despite its numerous rivals. Boasting a metal content of 22-karat gold and a distinctive orange hue, the Krugerrand offers investors a prime opportunity to diversify their portfolio and take advantage of a gold bullion market that rarely fails to make health profits over the long-term.
Kruggerands are recognized all over the globe as a premium investment tool which increases the liquidity and buying power of this bullion coin. The value is based on gold content rather than face value. The half-ounce editions also make the Kruggerand accessible for investors with little spare cash for investing, but nevertheless is a worthwhile addition to your portfolio as gold bullion coins promise excellent returns in the long-term.
Kruggerands are instantly recognizable due to the image of the Springbok antelope designed by South African sculptor Coert Steynberg on the reverse side. The dual language of Afrikaans and English indicate the coin is made from FYNGOUD (FINE GOLD), alongside the year of issue. The obverse side shows the profile of four-term president, Paul Kruger who fended off the British in the Boer War and instantly became a national hero. His memory lives on through these bullion coins which combine his name with the national currency to become Krugerrand.
Krugerrands were first minted in 1967 to fill a void in the investment market with bullion cons. Its success sparked a succession of other Mints to manufacture coins for private investment, although many came almost two decades later. Global interest in the coins was stunted due to country's refusing to acknowledge them as an investment tool because of the country's apartheid dictatorship. However, investors in the know did take an interest and the coins gradually became better known. The influx of rival coins in the 1970's prompted the South African Mint to introduce smaller denominations of the coin in order to regain a foothold in the market, despite most country's still forbidding them to be sold across their borders. It would not be until the Presidential appointment of Nelson Mandela and the subsequent thawing of apartheid that Krugerrands were internationally recognized. That they had survived so long in the shadows is testament to their strength of endeavour.
The security measures employed by the South African Mint ensure that the gold Krugerrand coin protects the interests of investors. Using the latest technique and most advanced technology, these gold bullion coins are practically impossible to counterfeit without being detected by experienced dealers like the experts at CoinInvest. The coins are made to precise measurements and weights and finished with a reeded edge that requires fine detail and the right combination of metal alloys, which is very hard to do and produce the Krugerrand's unique orange-yellow hue for which it is easily recognised.
The 2014 1/2 oz South African Krugerrand is available from the CoinInvest online shop for excellent value. All you have to do is log into your account, tell us how many coins you would like to purchase in the field to the right of the image above and add to your basket by clicking on the space indicated by the orange band. All you need to do then is tell us the country you want your purchase sending to and proceed to check-out by following the online instructions. We also buy 1/2 oz South African Krugerrands at competitive rates so if you have any gold coins for sale do not hesitate to contact a member of our staff who will be happy to take the necessary details and make an offer based on the latest spot prices.