Everyone needs a little GOLD!
It's time to start showcasing some more gold items. Everyone should own a little gold and for those of you stacking on a budget this pick is for your.
Your are looking at the 2019 1/10 oz South African Gold Krugerrand Coin (BU) 2/12/2019
What better way then to start with a 1/10th of an oz beauty like the Krugerrand. Here is a little bit of information provided by JMBuillion.
Introduced in 1967, the Gold Krugerrand was initially available in 1 oz of actual gold content through 1980. By this point, the Gold Krugerrand coin accounted for 90% of the global gold bullion coin market. Only the Canadian Gold Maple Leaf existed as a regular option for investors at this point.
The dominance of the coin led the South African Mint to introduce three fractional weights in that same year. The South African Mint struck the 1/2 oz, 1/4 oz, and 1/10 oz South African Gold Krugerrands for the first time in 1980. More than 50 million ounces of Gold Krugerrands have been sold in the year since its introduction in 1967.
All 2019 1/10 oz South African Gold Krugerrand Coins are available to purchase inside of protective packaging or in mint tubes of 50 coins. Each of the individual coins is available in Brilliant Uncirculated condition.
On the reverse of 2019 South African Gold Krugerrand Coins is the image of the Springbok antelope. This creature is the official symbol of the nation and has featured on the Krugerrand coinage since 1967. This design was updated in 1984 by Coert Steynberg.
The obverse of all 2019 1/10 oz South African Gold Krugerrand coins features the effigy of Paul Kruger. The first president of the South African Republic in the late 19th century, Kruger was a popular Boer figure that led the nation as it gained statehood and a measure of independence from Great Britain. Kruger was revered as Oom Paul in Afrikaans, which translates as Uncle Paul.
The South African Mint is a privately-owned company that works on behalf of the South African Reserve Bank to strike both the Rand currency for circulation and the South African Krugerrand coinage.
You can find this coin right here
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STACK HARD, STACK HIGH AND STACK FAST!
Love the Krugerrands!!! They look great in Ag too 😁👍🍆
Do you know why the mark-up at the South African Mint in Johannesburg, is about double the spot price, but when they are in the open market, you can pick them up like any other government issued coin.
Nice One!
Never saw a 1/10 krug before. Sweet pick Hammer