1/10 oz Gold Krugerrand 2017

1/10 oz Gold Krugerrand 2017: A Piece of South African History

• Special feature: World's most popular gold bullion coin
• Investment objective: Inflation hedge, wealth preservation and crisis protection
• Design: The obverse features Paul Kruger, who served as President of the South African Republic from 1882–1902. The reverse shows South Africa's national animal, the springbok.
• Named after: Paul Kruger and the rand, South Africa's legal tender since 1961
• Material / Fineness: The Krugerrand is made of gold with a fineness of 916.67/1,000. The remaining portion consists of copper, which gives the coin its characteristic reddish-golden colour and makes it more durable.
• Manufacturer: The coin is produced by the renowned Rand Refinery in South Africa.
• Country of origin: South Africa since 1967

The 1/10 oz Gold Krugerrand 2017 is a fascinating gold coin, minted in 2017 by the renowned Rand Refinery in South Africa. As part of the famous Krugerrand series, it stands for quality, tradition and value preservation. With a fine weight of 3.11 g, a diameter of 16.00 mm and a fineness of 916.67/1,000, it is an ideal investment product and at the same time a piece of South African history.

The History of Gold Krugerrand Coins

The Gold Krugerrand coins were first introduced in South Africa in 1967 and are named after Paul Kruger, the former President of the South African Republic, and the South African monetary unit, the rand. They were the first gold coins to be minted specifically as an investment product and have since secured their permanent place on the international precious metals market.

Why Buy the 1/10 oz Gold Krugerrand 2017?

Gold coins like the Krugerrand are not only a safe investment, but also an ideal medium of exchange in times of crisis. They are recognised and accepted worldwide, making them an ideal inflation hedge. Furthermore, profits from the sale of gold are tax-free after a holding period of at least one year.

Design and Minting

The 1/10 oz Gold Krugerrand 2017 impresses with its unique design. The obverse features a portrait of Paul Kruger, while the reverse shows South Africa's national animal, the springbok. The coin carries no face value, but is an official legal tender in South Africa. The coin is delivered in a coin capsule and is Brilliant Uncirculated.

Gold: The World's Oldest and Most Stable Medium of Exchange

For over 6,000 years, gold has served as a stable and proven store of value. It offers protection against loss of purchasing power and is tradeable worldwide. Gold has an intrinsic value and is recognised as a currency around the world. It is a scarce commodity with a limited supply, which leads to long-term price stability. In addition, gold is exempt from VAT.

Conclusion

The 1/10 oz Gold Krugerrand 2017 is an excellent choice for investors and collectors alike. It not only offers an attractive opportunity to invest in precious metals, but is also a piece of South African history that you can hold in your hands.