2023 1 oz Gold Krugerrand
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| Bullion Dealer | Price Each | Dealer Premium | Link | |
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BOLD Precious Metals
Dealer Rating: Free Shipping @ $199 |
$2,471.95 |
$94.65
(3.98% prem) |
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Melt Value: 2023 1 oz Gold Krugerrand
This gold coin contains 1.000 troy ounces of bullion. Based on the metal content and weight, the intrinsic melt value of one 2023 1 oz Gold Krugerrand is $2377.30 based on today's gold spot price.
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The Gold Krugerrand Coin is 22-karat gold and contains one troy ounce of pure gold. The design features an effigy of Paul Kruger on the obverse side and a springbok on the reverse side. It is a legal tender in South Africa.
The 2023 1 oz Gold Krugerrand is a stunning addition to any investment portfolio and is a highly liquid asset that is widely recognized and easy to trade.
2023 1 oz Krugerrand Gold Coin Highlights:
- Contains one troy ounce of pure gold
- Eligible for a Precious Metals IRA
- Legal Tender coin backed by the South African government
- Minted by the RAND Refinery
- Obverse: Effigy of Paul Kruger
- Reverse: prancing springbok
The coin has a diameter of 32.69mm and a thickness of 2.84mm.
History of the Gold Krugerrand Coin
The Krugerrand Coin was first introduced in 1967 by the South African Mint Company. It was unique in that it was the first bullion coin to be minted and issued in a one troy ounce size, and it quickly became a favorite of investors worldwide.
The coin was initially introduced to promote the gold mining industry in South Africa, one of the world's largest producers of gold.
By the 1980s, it accounted for over 90% of the global gold coin market. It was so successful that it inspired other countries to issue gold bullion coins, including the American Eagle, Canadian Maple Leaf, and the Chinese Panda.
Gold is a tangible asset without the same risks as stocks or bonds which is the perfect way to diversify your portfolio with a reliable investment. Gold Krugerrand Coins have a rich history and have been a favorite of investors for decades.
| Weight | 1 oz |
| Country | South Africa |
| Type | Gold Coin |
| Mint | South African Mint |
| Year | 2023 |
| Purity | .900 fineness |
| Diameter | 32.69 mm |
| Thickness | 2.84 mm |
| Edge | Reeded |
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