Krugerrand Gold Bullion Coins Mintage Peculiarities

Krugerrand Gold Bullion Coins MintageThe very first Krugerrand gold bullion coins mintage took place back in 1967 and ever seen then South African gold coins have remained one of the most actively purchased gold bullion coins in the world. Due to Krugerrand gold coins price being lower than most of its 1 oz gold bullion coin rivals like American Gold Eagles or Canadian Cold Maple Leaf coins and significantly lower premium fees, it’s fair to say that it’s important to consider Krugerrand gold bullion coins as part of your gold investment portfolio.

According to Krugerrand gold bullion coins mintage facts, the 1 oz gold Krugerrand is composed of 22 karat gold with high quality alloy silver and copper components making Krugerrands very scratch resistant and able to preserve their initial appearance for many years to come. Unfortunately, Krugerrand gold coins’ 22 karat composition does not do its favor when it comes to adding them as part of your gold IRA account, the coins are not IRA approved because they are not made of 24 karat gold.

The front side of Krugerrands coins depicts Paul Kruger the very last president of the South African Republic, the back side is embellished by an image of the national symbol of South Africa, a gazelle which is also called springbok. Did you know that according to Krugerrand gold bullion coins mintage facts, the actual name Krugerrand is widely misspelled? Krugerrand takes its name from two very important South African symbols, Paul Kruger (the last President) and the national currency of South Africa, the rands. Knowing this, you will never again be confused how to spell Krugerrand.

Coins of Krugerrand gold bullion coins mintage are very liquid and could be easily sold when need arises. A truly savvy investor knows that while the gold price is so high, South African Krugerrands remain one of the most affordable options to consider for your investment portfolio.