| The South African Krugerrand is a gold bullion coin. It | | | | a national symbol of South Africa. The reverse also |
| was first minted in 1867 and it was the first coin to | | | | shows the gold content, the name “South |
| contain one full ounce of fine gold. Interestingly, at that | | | | Africa” which is shown in both English and |
| time in the United States of America, private gold | | | | Afrikaans. |
| ownership was prohibited among citizens. However, | | | | The South African Krugerrand is minted in many |
| because the South African Krugerrand was legal | | | | content levels of bullion including one ounce, one half |
| tender and a foreign coin, people could own them | | | | ounce, one quarter ounce and one tenth ounce. |
| creating a vehicle by which gold bullion could be | | | | According to refinery records, 46 million ounces of |
| procured by common citizens who could pay for it. | | | | these gold bullion coins have been sold through 2008. |
| During the 1970s and 1980s, there were economic | | | | The South African Krugerrand continues to enjoy a |
| sanctions placed on South Africa due to apartheid. | | | | popularity that is above and beyond other bullion coins |
| This made the South African Krugerrand an illegal | | | | produced in other countries. It is the most widely |
| import in many western countries making them nearly | | | | recognized, the most widely purchased and the most |
| impossible to obtain. These sanctions were lifted but | | | | widely sought after. The South African Krugerrand will |
| not until 1994. Today, it is the most widely known bullion | | | | continue to remain a popular choice for people |
| coin and the most widely owned enjoying 90% of the | | | | interested in collecting gold bullion far into the future. |
| market in 1980. This is due to the fact that they were | | | | To learn more about South African Krugerrand, I |
| the first and the longest to be minted. The Canadian | | | | recommend you checking out Gold Krugerrands. It is a |
| Maple Leaf was the next gold bullion coin to be minted | | | | specialized Gold Krugerrand for Sale site, offering a |
| to enjoy some popularity but not until 1979. | | | | great selection of Krugerrand Gold Coins for sale. This |
| The design itself features Paul Kruger on the obverse. | | | | website makes finding your dream South African |
| He was the President of the old South African | | | | Krugerrand gold coin a million times easier. Be sure to |
| Republic. On the reverse, there is a springbok which is | | | | try this website before you buy. |