1oz Gold Krugerrand BU (Random Year)

1oz Gold Krugerrands are one of the world's leading gold bullion coins.

The picture is representative of our 1oz Gold Krugerrand coins. The date(s) of the coin(s) you receive may be from one, or a range of dates from 1967 to the present. Mint State Gold selects the date(s) you will receive and feels confident you will be very pleased with the selections.

Containing exactly 1 troy ounce of gold, the Krugerrand displays no face value since its main purpose was to be traded outside of South Africa and valued on its gold content alone. The obverse bears the image of the first president of the South Africa republic, Paul Kruger; the reverse features an image of a male springbok, the South African antelope that is a national symbol of South Africa, along with the date of issue and the purity of gold.

The Krugerrand was introduced by South Africa in 1967 as a vehicle for private investors to purchase gold for their precious metals portfolio and propel South African gold into the international marketplace. Since it was actually intended to circulate as currency, it was minted in a more durable gold alloy than most other bullion coins.

Back in the 60's, the U.S. had banned private ownership of gold bullion, yet did allow ownership of foreign coins. However, despite the coin's legal tender status, economic sanctions against South Africa (for its policy of apartheid) made the Krugerrand illegal in the U.S. during the 1970s and 1980s. With the lifting of apartheid in 1994, the Krugerrand has once again regained its status as one of the leading gold bullion coins traded world-wide.

Since this is a QUOTE ONLY bullion item we will contact you within 1 business day with the final price (based on current market spot price) and to obtain payment information. Accepted payment methods for bullion purchases are e-check, cashier's check, or bank wire transfer only.

Bullion item prices are based on the current precious metal market spot prices. Bullion prices fluctuate, just like the market. Once we contact you with your final item price, and you accept, the price cannot be renegotiated based on what the market may do in the following days. You may, however, sell your bullion items back to us based on current market bid prices if you like. Bullion purchases are just like stock purchases and all trades are final.