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The 1978 release of the South African Gold Krugerrand remains one of the most significant in the history of the series. While it does not represent an anniversary, nor is it the debut date, it does hold the distinction of having the highest mintage noted in the series at more than 6 million coins. Today, 1978 1 oz South African Gold Krugerrand Coins are available to you online at JM Bullion.
Coin Highlights:
In the 1970s, the Gold Krugerrand was the only gold bullion coin widely available to investors. It wasn’t until the final year of the decade, 1979, that the Gold Krugerrand had competition, and that came in the form of the Gold Maple Leaf from the Royal Canadian Mint. The 1970s was a high-water mark for the Krugerrand and 1978 saw the highest mintage of the decade.
All of the 1978 1 oz South African Gold Krugerrand Coins available here come in plastic flips. The mintage of 6,012,000 coins was nearly double the previous release in 1977 and represented a one-time peak as demand slipped the next year, even though mintage remained high through the next several years.
The obverse of the 1978 South African Gold Krugerrand Coin features a portrait of Paul Kruger. This left-profile relief was created in the 1890s to feature on coins of the South African Pound denomination and was revived in 1967 for this series.
On the reverse side of 1978 1 oz Gold Krugerrand Coins, you will find the image of a Springbok antelope. This image shows the native species pronking along the plains of southern Africa in right-profile relief.
Please contact JM Bullion if you have any questions when buying gold. You can call us at 800-276-6508, chat with us live online, or email us directly.
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The 1978 release of the South African Gold Krugerrand remains one of the most significant in the history of the series. While it does not represent an anniversary, nor is it the debut date, it does hold the distinction of having the highest mintage noted in the series at more than 6 million coins. Today, 1978 1 oz South African Gold Krugerrand Coins are available to you online at JM Bullion.
Coin Highlights:
In the 1970s, the Gold Krugerrand was the only gold bullion coin widely available to investors. It wasn’t until the final year of the decade, 1979, that the Gold Krugerrand had competition, and that came in the form of the Gold Maple Leaf from the Royal Canadian Mint. The 1970s was a high-water mark for the Krugerrand and 1978 saw the highest mintage of the decade.
All of the 1978 1 oz South African Gold Krugerrand Coins available here come in plastic flips. The mintage of 6,012,000 coins was nearly double the previous release in 1977 and represented a one-time peak as demand slipped the next year, even though mintage remained high through the next several years.
The obverse of the 1978 South African Gold Krugerrand Coin features a portrait of Paul Kruger. This left-profile relief was created in the 1890s to feature on coins of the South African Pound denomination and was revived in 1967 for this series.
On the reverse side of 1978 1 oz Gold Krugerrand Coins, you will find the image of a Springbok antelope. This image shows the native species pronking along the plains of southern Africa in right-profile relief.
Please contact JM Bullion if you have any questions when buying gold. You can call us at 800-276-6508, chat with us live online, or email us directly.
