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Home » Buy Gold Bullion, Coins and Bars » South African Gold Krugerrands » 2022 1 oz South African Gold Krugerrand Coin (BU)

2022 1 oz South African Gold Krugerrand Coin (BU)

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Product Description

These 2022 1 oz Gold South African Krugerrands are brand new from the mint and contain one troy ounce of fine gold.

The Krugerrand is a South African gold coin, first minted in 1967 by the South African Mint to help market South African gold. By 1980 the Krugerrand accounted for 90% of the global gold coin market. The name “Krugerrand” is a compound of “Kruger” (the man depicted on the obverse, the 5th President of the South African Republic) and “rand”, the South African unit of currency. This unique 22 carat, 1 troy ounce fine gold coin had no denomination because its value was linked to the daily gold price.

The obverse of the Krugerrand, depicting the effigy of Paul Kruger, was struck from the original die used in 1892 for the Kruger half-crown coin. The reverse was designed and engraved by Coert Steynberg, a famous South African sculptor, and depicted a prancing springbok, a national symbol. In 1980, the fractional Krugerrands (1/2 oz, 1/4 oz and 1/10 oz) were added to the 1 oz Krugerrand making the coin affordable to a broader audience.

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Specifications

Year 2022
Mint Mark Not Shown
Metals Purity .9167
Producer South African Mint
Thickness 2.84 mm
Diameter 32.8 mm
Inner Pack 10
Condition Brilliant Uncirculated
Designer (Obverse) Otto Schultz
Designer (Reverse) Coert Steynberg
Edge Style Reeded
Product Series South African Krugerrand
Certificate of Authenticity No
Capsule Size 32 mm
Packaging Plastic Flip
Metal Content 1 Troy Ounce
Shipping Orders over $199 Ship Free
Packaging Dimensions 1.3 x 1.3 x 0.1

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