50 Years of the South African Krugerrand in 2017
02/10/2017Daniel Fisher
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The 3rd July 1967 was an important date in the world of gold coins as it saw the release of the Krugerrand by the South African Mint. The Krugerrand was an important vehicle for South Africa to release its gold reserves worldwide. At the time South Africa was mining c75% of the world’s annual gold supply and this coin was a convenient and collectible way for the gold to be used and was more affordable to the man on the street than gold bars.
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The Krugerrand has a name origin, split into two parts, which are:
Whilst other countries have released their own national coins (e.g. the Canadian Maple Leaf (1979), the American Golden Eagle (1986) and the Britannia (1987), etc.) demand worldwide for the Krugerrand is still extremely strong. This coin has well and truly stood the test of time and has not disappointed happy investors. Here’s looking forward to another fifty years of the Krugerrand.
For further information about the South African Krugerrand also read our recent insight article by clicking South African Krugerrand.
It’s the 50th (or Golden anniversary) of the Krugerrand, so why not buy some now from us here at Physical Gold? Call us today on 020 7060 9992 to place your order or discuss your requirements or email us via our contact form here.
Image Credit: Rajeev Prasad
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