Krugerrands have a rich, controversial history and remain a favorite of investors after more than 50 years.
Savvy investors are constantly on the lookout for a deal on trusted and reliable government issued coin, and the South African Krugerrand is often the one with the lowest dealer premiums.
The coin was introduced to promote the gold mining industry in South Africa. One of the unique selling points at the time was that it was the first government issued bullion coin to be minted and issued in a one troy ounce size.
2023 Gold Krugerrand Coins
The 2023 1 oz Gold Krugerrand is a bullion coin made of 22-karat gold. The coin features a portrait of Paul Kruger, the President of the South African Republic from 1883 to 1900, on the obverse side and a springbok, a medium-sized antelope found in South Africa, on the reverse side. The Krugerrand gold coin is minted in various sizes, including 1/10 oz, 1/4 oz, 1/2 oz, and 1 oz.
2023 Silver Krugerrand Coin
The South African Mint introduced the silver Krugerrand coin in bullion form in 2018. The coins are minted from .999 fine silver and feature the same, iconic, widely recognized design as the other coins in the series. The 2023 1 oz Silver Krugerrand coin is newly released and current year coins typically have lower premiums than previous year coins.
They often have the lowest dealer premiums when compared to other physical investments.
Investors can buy Krugerrands online from a variety of trusted and reputable bullion and coin dealers.
