The south african Krugerrand coin represents a great endowment and Gold investment for your portfolio .
- Contains 1 oz of Gold.
- Coins will be in protective packaging.
- Obverse: Classically portrays the likeness of Paul Kruger, South African’s first and only president, along with “South Africa” in Afrikaans and English.
- Reverse: Along with the year of minting and Gold weight, the image of the national animal of South Africa, a Springbok antelope.
- Minted by South African Mint.
Protect your Gold Krugerrand with this clear plastic capsule or display it in style by adding an attractive presentation box to your order. You can even add a beautiful coin bezel to turn your Gold Krugerrand into fine jewelry.
This would be a perfect addition to any Gold Krugerrand collection, or a great piece for a Gold investor. Add the 1979 1 oz Gold Krugerrand to your cart today!
Protect your Gold Krugerrand with thisor display it in style by adding an attractiveto your order. You can even add a beautifulto turn your Gold Krugerrand into very well jewelry.This would be a arrant addition to any Gold Krugerrand solicitation, or a bang-up nibble for a Gold investor. Add the 1979 1 oz Gold Krugerrand to your cart today !
- Product ID: 88637
- Year: 1979
- Grade: Brilliant Unc
- Grade Service: none
- Mint Mark: not Shown
- Metal Content: 1 troy oz
- Purity: .9167
- Thickness: 2.84 millimeter
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- Diameter: 32.8 millimeter
The south african Gold Krugerrand is one of, if not the most recognizable aureate bullion coins in the earth. First produced in 1967, the Krugerrand was the world ’ south first advanced bullion coin. available in 1/10 oz, 1/4 oz, 1/2 oz and 1 oz Gold coins, this iconic bullion coin is a favorite of investors and collectors alike for its Gold content, diachronic meaning and beautiful plan.
The obverse of the mint features the profile of Paul Kruger, the first and lone president of South Africa. The reverse depicts a Springbok antelope, a symbol synonymous with South Africa. The son “ Krugerrand ” comes from President Kruger ’ s concluding appoint and is combined with “ rand ”, the currency of South Africa. In the late 1960s and early 1970s, South Africa produced 75 percentage of the world ’ randomness Gold, and by 1980, the Krugerrand accounted for 90 percentage of the ball-shaped Gold mint market. The coin was therefore democratic it inspired other countries like the United States, Canada and the United Kingdom to produce their own Gold bullion coins. Despite the Krugerrand ’ randomness popularity, due to South Africa ’ mho system of apartheid, many western countries placed sanctions on South Africa and banned the import of Gold Krugerrand coins from the 1970s to 1994. Because of this, output levels of the Gold coin have varied greatly since 1967, but the south african Mint produced the most coins before the sanctions were put in space.
Stephanus Johannes Paulus “ Paul ” Kruger, often referred to as Oom Paul ( “ Uncle Paul ” ), was one of the most big military and political figures of 19th-century South Africa. Kruger was president of the South African Republic, besides known as the Transvaal, from 1883 to 1900 and was the face of the Second Boer War from 1899-1902. This war between the United Kingdom and the Transvaal and its neighbor Orange Free State came about because of conflicting ideologies of imperialism and republicanism, the discovery of Gold on the Witwatersrand and tension between respective political leaders, among many other reasons. Kruger ’ second cause was ultimately unsuccessful and he was exiled to Europe before a treaty was signed annexing the Transvaal and Orange Free State to Britain. To this day, Kruger remains a dissentious figure in south african history. Admirers of Kruger consider him a tragic tribe hero who was able to unite and defend a badmouth nation, but to critics, he was the champion of an ignoble campaign and a suppressor of the native Africans in the region. Regardless of these differing viewpoints, Kruger was undoubtedly responsible for shaping much of South Africa ’ sulfur history.
The south african Mint was beginning established by President Kruger in 1892 in order to address the serious dearth of coins in circulation and to provide a mean for South Africa to produce its own currentness. After Britain occupied South Africa as a result of the Second Boer War, all output at the mint ceased until the Mint Act of 1919 established the Royal Mint in Pretoria. In 1941, Britain broke the bonds with the Royal Mint in Pretoria and it frankincense became the south african Mint. In 1961, when South Africa became its own democracy, the batch stopped producing british currency and introduced its own currency system .
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