Gold Krugerrand - 1/2 Ounce

The Krugerrand from South Africa, first minted in 1967, was the first gold coin to contain precisely one ounce of fine gold and intended as created to provide a vehicle for the private ownership of gold. By bestowing legal tender status upon the coin, Krugerrands could be owned by citizens of the United States, who at that time were prohibited private ownership of bullion, but allowed ownership of foreign coins.

Since inception, the Krugerrand has become the most widely owned bullion coin in the world with over 46 million ounces in circulation. The Krugerrand gets its name from Paul Kruger, featured on the obverse, president of the old South African Republic. The reverse depicts a springbok, one of the national symbols of South Africa. The name 'South Africa' and the gold content are shown in both Afrikaans and English.

The success of the Krugerrand led to other gold producing nations minting their own bullion coins, including the Canadian Maple Leaf in 1979 and the American Eagle in 1986.

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Note About Quantity: Purchases of bullion items are limited on our online store. Platinum bullion items are limited to 1 ounce total. Gold bullion items are limited to 3 ounces total. Palladium bullion items must be under 5 ounces total. Silver bullion items must be under 50 ounces total. If you wish to purchase more and be eligible for a price break, please visit our bullion sales.

Note About Shipping: Please note that Northwest Territorial Mint applies a shipping, handling, and insurance charge to all orders that include bullion items at our online store. The charge is $10 for orders totaling less than $250 and $20 for orders totaling $250 or more.