The South African gold Krugerrand has long been recognized around the world as a go-to coin for bullion investors.
The Iconic Krugerrand Now Available In Beautiful .999 #Silver https://t.co/3TOH91chnC pic.twitter.com/JD5kaSMjvf
— Money Metals Exchange LLC (@MoneyMetals) March 25, 2020
The Iconic Krugerrand Now Available In Beautiful .999 Silver
The Krugerrand was geared specifically for investment. It was mass produced and intended to be sold near the value of its gold content. As such, it was ideal for investors concerned about defending themselves from inflation. When it launched, gold bullion was outlawed in the United States by executive decree. A few years later that order was rescinded. US investors could once again legally hold gold bullion in 1971. And they had just one choice when it came to .999 gold in a 1 oz sovereign coin - the Krugerrand. Demand for the coins soared.