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Gold coin 1 oz KRUGERRAND

14 days

14 days

Firstly minted in 1967 as the world first ounce denominated investment gold coin. Enhancing the coin durability, to each 1 ounce of fine gold is added copper.

CZK 55,695.00 CZK 55,695.00

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The Krugerrand is the world's most famous and widespread gold coin with more than 50 million copies in circulation. The best-selling coin in Germany. The copper admixture gives this coin a characteristic red tinge. The value of pure gold in this coin is 916,667 / 1000, in contrast to gold coins without impurities, which have a 999.9 / 1000 share of the gold. Krugerrand is named after the first president of the Republic of South Africa - Stephanus Johannes Paulus Kruger (1825-1904). Its portrait is on the front of the coin, on the back is the motif of Springbok-Antelope, a symbol of South Africa. The Krugerrand was first put into circulation on July 3, 1967, and its focus on the troy ounce weight system (oz.tr.) is the first investment coin in the world. During the first few years, 40,000 copies were produced, serial production begins in 1970 with 211,018 pieces. In 1974, 3.2 million copies were minted, in 1978 with 6 million copies, the peak of production was reached. In 1986, in retaliation for apartheid policy, I boycotted the US and European Community imports of Krugerrand. The import ban was lifted in 1998, and to date, Krugerrand's production has not reached its previous production volume. Since 1980, in addition to the 1oz coin, three other weights of ½, ¼, and 1/10 ounces have been minted. According to the Central Bank of South Africa, Krugerrand is the official currency. The face value results from the fixed value of the gold contained in the coin, according to the current price of gold on the commodity exchange, converted into the currency of the country concerned.
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Tax Class 0,00 % Kč DPH
Additional Product Description Investment gold coin
Delivery Time 14 days

Product Type (Coins/Bars) Coins
Metal Sort Gold
Producing Country South Africa
Manufacturer South African Mint
Year of Minting 2021
Fineness 916,667 / 1000 (Copper : 83,333 / 1000) = 11/12 Au + 1/12 Cu.
Troy Weight 1 ounce = 31,1034768 gram
Total Weight 33.931 g
Product Dimensions Diameter: 32,77 mm x Thickness: 2,84 mm
Motif (Picture) Obverse: Profile of Paul Kruger Reverse: Springbok
Denomination / Nominal Value No face value. The value of each coin is directly related to the actual value of its gold content.
Packaging Information 10 or 15 pieces in tube, 500 pieces in box
Worldwide Negotiability Worldwide
SKU AUCKRUGARO00001
Actual buyback price: CZK 51,796.36

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