The South African Krugerrand gold coin was initially produced by the South African Mint in 1967 as a method of strengthening the South African gold market. The South African 1/4 oz krugerrand has been manufactured in a 22 karat gold plating, which makes it somewhat more resistant to wear than the regular gold coins. For this reason, the coin also weighs more than just a 1/4 oz which makes it heavier than a common(unadorned) gold coin.
By the late 70’s and during the bulk of 1980, Krugerrands made up 90% or more of the world’s gold coin market. They were serialized and made acceptable as a form of legal tender. Countries all over the world took an interest.
The name of this 1/4 oz Krugerrand Gold Coin is derived from combining Kruger’s name with the word “rand,” which is a South African currency. In terms of purity, it doesn’t get much better than an authentic Krugerrand. The coin itself is 22 karat gold (91% pure), with the remaining weight coming from copper. Copper is very durable and gives the Krugerrand an orange hue, not unlike crown gold.
All Krugerrands (excluding smaller denominations that came later) have the same dimensions and weight — this makes them ideal as a currency. The mint responsible for Krugerrands initially designed them with private ownership in mind, though their efficacy as a currency eventually led to the unprecedented. The 1/4 oz South African gold krugerrand coin is authorized by the South African Government and is recognized by the international community as a legal tender.
The 1/4 oz Krugerrand coins in this limited-edition collection have different mintage years and will be allocated according to the availability of these coins in our inventory at the time the order is submitted. Every coin will be delivered in BU (Brilliant Uncirculated) condition, in either a protective coin sleeve or a sealed tube.
Design of South African 1/4 oz Krugerrand Gold Coin
The South African 1/4 oz gold krugerrand coin features an intricate obverse with the image of Paul Kruger, a former president of the South African Republic along with the word “South Africa” written in English and native South African language.
To make the coin even more appealing, the reverse of the coin is adorned with the iconic animal of South Africa “Springbok”, dashing across the grassy fields of its native habitat. On the reverse, the year of mintage, the coin’s weight, purity, and series title also appear in circular formation along the edge of the coin.
Main Highlights 1/4 oz South African Gold Krugerrand Coin
- Contains 1/4 oz of 0.9167 fine gold.
- Manufactured by the leading precious refiner, South African Mint.
- Official gold bullion coin of South Africa.
- Each Gold Coins comes in a protective packaging
- Features an intricate obverse with the image of Paul Kruger, a former president of the South African Republic.
- Features the iconic animal of South Africa “Springbok”, dashing across the grassy fields of its native habitat in the reverse.
Product Specifications: 1/2 oz South African Gold Krugerrand Coin
|Brand||South African Mint|
|Weight||1/4 troy oz|
When you are looking for a good deal on the 1/4 oz Krugerrand Gold coin, it would be better if you purchase it from an authorized dealer, since you are assured that you are getting the real thing and not a replica.