Silver coin Krugerrand 1 Oz | 2024

Krugerrand bullion coins were first produced in 1967 and were the world's first modern bullion bullion coins. They were originally created as a way to promote the sale of South African gold and boost the South African economy. The coins have roots in the Republic of South Africa and are named after former President Paul Kruger and bear his portrait. The other side shows the springbok antelope, which is the national symbol of the Republic of South Africa.

Krugerrand investment coins are minted in regular weights of 22 carat fineness, which means that each coin contains 91.67% gold and the rest copper. This gives the coins their characteristic orange hue. One of the key features of Krugerrand investment coins is their simple design, which has not changed since they were first issued. This consistent appearance contributes to their recognition and liquidity in the market. This makes Krugerrand coins easily tradable around the world and one of the most well-known forms of investment in physical gold. The market price depends exclusively on the price of gold on world markets.