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During a period in time when no other gold bullion coin existed, the South African Mint introduced the South African Gold Krugerrand Coin. Conceived as part of a marketing strategy to export its gold and promote private investment, the series has also become an international staple in the precious metal industry. Today, JM Bullion offers you the opportunity to buy the 1988 1 oz South African Gold Krugerrand Coin.
Coin Highlights:
Debuting in 1967, the South African Gold Krugerrand Coin would eventually go on to account for more than 90% of the global gold coin marketplace. It would stand alone as the premier gold coin of the world until 1979 when the Royal Canadian Mint released the Canadian Gold Maple Leaf.
The downfall of the South African Krugerrand is the result of political maneuvering. South Africa’s apartheid system, which separated black and white South Africans, led to a Western boycott on the import of South African Krugerrands in the late 1970s and 1980s.
Even while it was banned for import in the West, an estimated 22 million Krugerrands entered the United States alone between 1974 and 1985. Today it remains an excellent example of gold bullion coin craftsmanship.
On the obverse is a design from Otto Schultz featuring the left-profile portrait of Paul Kruger, the four-term president of the old South African Republic under Boer control, and the man whom the coin would come to be named after. The reverse features the springbok antelope, the official emblem of South Africa. Both sides of the coin feature engravings in English and Afrikaans.
If you have any questions about gold coins for sale, feel free to contact our customer service team at JM Bullion. Our verified contact line is 800-276-6508, or we can be reached via our online live chat, or via email.
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During a period in time when no other gold bullion coin existed, the South African Mint introduced the South African Gold Krugerrand Coin. Conceived as part of a marketing strategy to export its gold and promote private investment, the series has also become an international staple in the precious metal industry. Today, JM Bullion offers you the opportunity to buy the 1988 1 oz South African Gold Krugerrand Coin.
Coin Highlights:
Debuting in 1967, the South African Gold Krugerrand Coin would eventually go on to account for more than 90% of the global gold coin marketplace. It would stand alone as the premier gold coin of the world until 1979 when the Royal Canadian Mint released the Canadian Gold Maple Leaf.
The downfall of the South African Krugerrand is the result of political maneuvering. South Africa’s apartheid system, which separated black and white South Africans, led to a Western boycott on the import of South African Krugerrands in the late 1970s and 1980s.
Even while it was banned for import in the West, an estimated 22 million Krugerrands entered the United States alone between 1974 and 1985. Today it remains an excellent example of gold bullion coin craftsmanship.
On the obverse is a design from Otto Schultz featuring the left-profile portrait of Paul Kruger, the four-term president of the old South African Republic under Boer control, and the man whom the coin would come to be named after. The reverse features the springbok antelope, the official emblem of South Africa. Both sides of the coin feature engravings in English and Afrikaans.
If you have any questions about gold coins for sale, feel free to contact our customer service team at JM Bullion. Our verified contact line is 800-276-6508, or we can be reached via our online live chat, or via email.
