Reverse: the reverse of the coin depicts the dancing antelope, a species found only in southern and southwestern Africa. The word 'KRUGERRAND' is engraved above the antelope and the year of minting, '20 22', is engraved on either side of the antelope. The bottom of the coin is also inscribed in Afrikaans and English with the weight of the coin and the gold weight 'FYNGOUD 1/4 OZ FINE GOLD'.
Obverse: The obverse of the coin depicts Paul Kruger, the first President of South Africa. The name of the country is engraved on both sides of the coin in Afrikaans and English 'SUID - AFRICA' and 'SOUTH - AFRICA'.
About the coin: The Krugerrand gold coin is the world's first modern numismatic investment coin, first minted in 1967. More than 60 million Krugerrand gold coins have been minted to date and it is the most popular investment gold coin of all time, recognized by investors and collectors worldwide. It is virtually the only gold coin deliberately minted without a denomination, leaving its value to be determined by the world price of gold on the stock exchange. The South African Krugerrand gold coin has a purity of 22 carats, which means that it contains 22/24 = 91.67% pure gold in its mass, with the remaining 8.33% being copper, which gives it its distinctive reddish hue. The gold-copper alloy also gives the coin its durability and hardness, making it much more resistant to scratches and other possible damage. The South African Krugerrand gold coin has become a symbol of gold investment, wealth, wealth, and international prestige.
Why invest in the South African Krugerrand 1 oz. gold coin:
1. Liquidity - Krugerrand gold coins are extremely liquid. This is because these coins are globally recognized and the Krugerrand is a prestige coin, which is why they are traded by investment firms, investors, banks, and numismatists. There will therefore always be a demand for these gold coins.
2. Linked to the international price of gold, the value of Krugerrand coins is determined by the extremely good level of pure gold in the coin.
3. Official currency - Krugerrand gold coins are official and legal tender in South Africa and are accepted and exchanged as such throughout the world.
4. Durability - These gold coins are made from an alloy of gold and copper (91.67% pure gold and 8.33% copper), the copper reinforces the surface of the coin and greatly increases its durability, making these coins more resistant to damage and wear and tear.
5. Savings equivalent - Krugerrand coins are the ideal choice for anyone putting aside savings for a long-term investment in gold and appreciating the fact that this coin is safe, stable and legal tender 6. Diversifying your investment portfolio - these gold coins are a great way to diversify your savings and investments. The low correlation of gold coins compared to other financial assets insures your investment portfolio against market risks.
