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 1 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.
The photo is an example of our 1oz Gold Krugerrand BU (Random Year). The coin(s) you receive will be very similar to the one pictured. Mint State Gold is proud to offer only premium coins to our investor and collector clientele. Each coin is hand inspected before sale to make sure customers receive only quality coins at a low price.
PRICING: In the event of extraordinary circumstances, acts of God, natural disasters, or other factors beyond our control, item transactions may need to be amended or cancelled. In the case of an amendment, we will contact you within 1 business day for approval. You will have the option to agree to the changes or cancel the transaction for a full refund.
RETURN POLICY: This item is considered a bullion item and is priced according to daily market rates. Due to market volatility we do not accept returns on these items, but are happy to buy them back at any time based on the current market value when you wish to sell them. Mint State Gold will only purchase bullion items at the current daily market rate (some exclusions apply). Please contact Mint State Gold by Stuppler to receive current buy back prices for specific items.