The country's apartheid regime prevented the indigenous black population from acquiring ownership of land, advancing up in society, or fully expressing itself in government.Īs a consequence of this system, and in an attempt to end apartheid in South Africa via economic means, Western nations imposed a severe boycott on South African products. A minority white government dominated South Africa at this stage in its history. The coins were debuted as a 1 Troy oz specimen containing 22 karat gold.Īlthough the Gold Krugerrand was initially very popular, its availability began to dwindle in the 1970s due to Western economic sanctions.
#South african gold coins series#
The Krugerrand Series was immediately accessible as the first contemporary gold bullion coin for individual investors. They helped the country publicize its large gold, precious metal, and diamond reserves. The coins were initially introduced in 1967. The history of the South African gold Krugerrand is complicated. Learn all you want to know about the South African Gold Krugerrand's illustrious history with Suissegold. It conveys a compelling tale of long-term durability and offers investors an appealing rate of return. The Krugerrand was created in 1967 by the South African Chamber of Mines and is manufactured by the Rand Refinery which is South Africa's official Mint. With more than 60 million ounces sold over the previous 50 years, the Krugerrand is the most extensively held and actively traded bullion coin globally. Larger investors can also purchase wholesale tubes of Krugerrands. Gold Krugerrands are available for fast, worldwide delivery or secure vault storage. The most popular size gold Krugerrand amongst those looking to invest in gold is the 1 ounce gold Krugerrand. Suisse Gold sells South African Krugerrands produced by the Rand refinery in 1/10 oz, 1/4 oz, 1/2 oz and 1 oz sizes.
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