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Krugerrand – The original Bullion Coin

Vera Valor

The South African Chamber of Mines had an inspired idea to help market South African gold. It was to issue a one ounce bullion coin, to be sold at a very low premium over the intrinsic gold value. The Krugerrand was introduced in 1967, as a vehicle for private ownership of gold. It was actually intended to circulate as currency. Therefore it was minted in a more durable gold alloy ( the same as the British Sovereign), unlike most other bullion coins and contained 2.826gms of copper  to resist scratching and gives the coin its golden hue. The Krugerrand was the only accessible gold investment opportunity for the everyday buyer, it was the first coin to contain exactly one troy ounce of gold, and was intended from its inception to provide a way for the private investor to purchase gold (…) LIRE LA SUITE SUR NOTRE BLOG ANGLAIS, GOLDCOIN.ORG ou bien notre article original en français : Le Krugerrand – la pièce d’or mondiale


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