Gold Investment: Investing in Krugerrands

Gold Investment - 3 May 2011

In terms of gold investment, the Krugerrand dates all the way back to 1964 when it was decided that this was a way for the man in the street to own gold. The South African Mint released the first series of these coins in 1967 and the Kruger Coin became the first of its kind in the world at the time.

Invest in precious metals today! Contact us for details.

Invest in precious metals today! Contact us for details.

On the one side of the coin there is a design of Paul Kruger who was the 5th president of the country. Paul Kruger was also instrumental in leading the Boers against the British soldiers. The other side has a Springbok design on it and this is the national symbol of South Africa. “Fine gold” and “South Africa” are four words that are minted on the coin in both English and Afrikaans.

Invest in precious metals today! Contact us for details.

Invest in precious metals today! Contact us for details.

It is possible to obtain these coins in 4 different weights and sizes. Krugerrands are considered to be legal tender in South Africa. This is according to the banking regulations and the South African constitution.

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