With over 46 million minted, the 1 oz South African Gold Krugerrand is the most famous gold bullion coin in the world.

There are more 1 oz Gold Krugerrands currently in circulation around the world than all other gold coins combined, which makes them particularly easy to buy and sell.

The Krugerrand was introduced in 1967 by South Africa’s Rand Refinery and the South African Mint as a way to market the country’s abundant output of gold.

The Krugerrand is minted in a copper-gold alloy that is more resistant to wear-and-tear than coins made from purer gold.

The obverse side of this coin features an effigy of Paul Kruger, South Africa’s former president, while the reverse depicts a springbok antelope — the national symbol of South Africa.

The name “Krugerrand” is a compound of Paul Kruger and “rand,” which is the official name of South Africa’s currency.

The popularity of the 1 oz Gold Krugerrand led to the introduction of 1/10 oz, 1/4 oz and 1/2 oz versions as well as a 1 oz Silver Krugerrand in 2017.

If you don’t have any 1 oz South African Gold Krugerrand coins in your precious metals portfolio, order some today! And if you already have some, you can always use more!