The Krugerrand coin of South Africa was first released in 1967. The coin’s name is a mix between ex-South African president Paul Kruger (1983-1900), who appears on the coin's obverse, and the Rand, which is the local South African Currency. At first, these coins were not available for purchase from the general public. This incentivized other international mints to release bullion coins of their own, such as the Maple Leaf released in 1979 and the Australian Nugget released in 1981.
The coin design has not changed much throughout the years. The coin features a portrait image of Paul Kruger on its obverse and a Springbok antelope on its reverse. The animal is native to South and Southwestern Africa.
The new 1/4 oz Krugerrand gold coin contains pure 916.7/1000 22 carat gold. Its reddish tone is given by its 8.33% bronze component which also makes the coin more resistant. The coin, which can be used as legal tender, represents an excellent purchase for investors and collectors alike.
What makes the 1/4 oz 2020 gold Krugerrand special?
The 2020 Krugerrand gold coins are an excellent investment and collector's item. Due to the economic stability of gold and the popularity of this coin, this purchase is an excellent stable investment paired with a piece of South African history.
1 The weight displayed is the fine metal content of the item. It does not reflect the actual weight of the product which may be higher.
* The delivered products may vary slightly from the picture shown.