The concept of the Krugerrand was first introduced by the South African Chamber of Mines in the 1960’s to promote physical gold as an investment opportunity for the "man on the street".
The Krugerrand was released in 1967 as a legal tender coin and contained exactly 1 troy ounce of fine gold. This gold coin was unique in that it had no denomination because its face value was connected to the daily gold price.
The Krugerrand dominated the world’s coin market over the next nine years but during the years when sanctions against the South African government were applied in the mid 1980’s, other mints elsewhere took the opportunity to issue their own legal tender bullion gold coins.
However, the Krugerrand had become one of the world’s leading brand names and remains so today in the 21st century.
SHIPPING INFO
There is a 1.5% insurance fee included in the total price of all products. This insurance fee covers all cost of insurance, worldwide. Only basic shipping fees and registered mail will be added.
Total additional shipping fees:
- 7€ up to 500g
- 11€ up to 1000g
- 17€ over 1000g
We reserve the right to drop-ship via APMEX should you order from the Americas and/or if the value of your order is greater than 500€. Read more about shipping
here.