1983 South Africa 1 oz Gold Krugerrand BU

Product Details

Gold Krugerrands are made of a durable .9167 gold and copper alloy and were intended to be used as currency. However, they took the bullion world by the storm and are perhaps the most recognizable coin in the entire world.
Coin Highlights:

• Contains 1 oz of gold.
• Comes in protective packaging.
• Obverse: Likeness of Paul Kruger, South Africa’s first and only president, along with “South Africa” in Afrikaans and English.
• Reverse: Along with the year of minting and gold weight, the image of the national animal of South Africa, a Springbok antelope.
• Minted by South African Mint

Production levels of Krugerrands significantly varied during the last 50 years. Add a 1983 1 oz Gold Krugerrand to your cart today!

The Gold Krugerrand is one of the most popular gold coins for investors and is often suggested for both seasoned and new collectors.

Historical Context
The Krugerrand's legacy is intertwined with the history of apartheid. Due to South Africa's apartheid policies, the import of Krugerrands was banned in the U.S. in 1985, leading to the creation of the U.S. Gold Eagle program. However, since the end of apartheid and the lifting of the ban in 1994, the Krugerrand has largely shed its affiliation with that era. It has once again become a globally appreciated gold coin, enjoying great popularity and high liquidity in the marketplace.