The 1 oz Gold Krugerrand is a well-known gold bullion coin that was first introduced by the South African Mint in 1967 as a means for the private individua to invest in gold. It was the world's first modern gold bullion coin and has since become a staple of the gold market. Hatton Garden Metals sells the 1oz Gold Krugerrand at the lowest premium in the market, making it the best place to buy a Gold Krugerrand.
The Gold Krugerrand takes its name from Paul Kruger, the former South African president from 1883 -1900,whose image is featured on the obverse side of the coin.
and the South African national animal, the springbok, which appears on the reverse side.
The coin is made of 22-karat gold, containing 91.67% gold and 8.33% copper to give it extra durability and longevity.
The 1 oz Gold Krugerrand coin weighs 1 troy ounce and has a diameter of 32.7 mm. It is legal tender in South Africa, although it is not used in everyday transactions due to its high gold content. The krugerrand is also available in a range of fractional sizes including 1/2 ounce, 1/4 ounce, and 1/10 ounce. Hatton Garden Metals stock the full range of fractional coins, available to purchase today.
One of the unique features of the 1 oz Gold Krugerrandis its distinctive orange-gold colour, which comes from the copper alloy used in the coin's production process. This colour makes the coin immediately recognizable and highly sought after by collectors and investors alike. As the Krugerrandcontains 8.33% copper this additional alloy gives the distinctive colour that differs slightly from our range of 1oz Fine Gold coins, such as the 1oz gold Britannia coin.
The 1 oz Gold Krugerrand is a widely recognized and liquid asset, making it an excellent choice for investors who want to buy and sell gold quickly and easily. Moreover, it is among the most traded gold coins in the world, making it easy to sell or trade at any desired time. Gold Krugerrands are minted by the South African Mint and are distributed globally. They are widely available through coin dealers, banks, and online platforms that specialize in precious metals trading. Hatton Garden Metals offer a wide range of Krugerrands from our Best Value Krugerrand to boxed sets and graded coins, as well as the different fractional krugerrand coins
Overall, the 1 oz Gold Krugerrandis a highly sought after investment option for investors seeking to invest in gold. Its historical significance, renowned quality, and liquidity make it an excellent option for both collectors and investors who want to hold physical gold as part of their investment portfolio.
You can buy your first or next Krugerrandfrom Hatton Garden Metals today.