The South African Gold Krugerrand has been in production since 1967. Originally, the coin was only available with 1 oz gold bullion and proof options. By 1980, the popularity of the Gold Krugerrand pushed the South African Mint to issue fractional-ounce coins. Those fractional ounces include 1/2 oz, 1/4 oz, and 1/10 oz coins. Today, 2020 1/2 oz South African Gold Krugerrand Coins are available to you online from JM Bullion.
- Arrives in a protective plastic flip or a mint tube of 15 coins!
- 54th year of issue for the South African Gold Krugerrand coins!
- Contains 1/2 Troy oz of actual gold content in BU condition.
- The obverse face of the coin features Paul Kruger.
- On the reverse of the coin is a depiction of the Springbok antelope.
Since the 1967 introduction of the Gold Krugerrand, the South African Mint and Rand Refinery have issued more than 50 million ounces of gold. The coins were initially available to investors around the globe, but rising displeasure around the globe with South Africa’s apartheid system led to a Western economic boycott. During the 1970s and 1980s, the largest markets for Gold Krugerrand were Iran, Turkey, Thailand, Hong Kong, Taiwan, and Latin America. It wasn’t until 1991 that the coin was available again legally to residents of North American and European nations.
All of the 2020 1/2 oz South African Gold Krugerrand Coins in this listing come with either an individual protective flip or an acrylic mint tube of 15 coins. Each individual coin is in Brilliant Uncirculated condition. Though the Gold Krugerrand series is in its 54th year in 2020, the fractional-ounce coins are in their 41st year of issue.
The obverse side of 2020 South African Gold Krugerrand Coins features the effigy of Paul Kruger. The first President of the South African Republic, he is depicted in left-profile relief with inscriptions of the nation of issue in both English and Afrikaans included on this side.
On the reverse of 2020 1/2 oz South African Gold Krugerrand Coins is a depiction of the Springbok antelope. The official symbol of South Africa, the springbok is the only living member of its species and is native to southern and southwestern portions of the African continent.
The South African Mint issues all coins for the South African Reserve Bank, the national entity that owns the mint. The Rand Refinery produces the gold used in the coins and is the largest single-site refinery and smelting complex in the world.
Please feel free to contact JM Bullion with questions. You can call us at 800-276-6508, chat with us live online, or simply send us an email.