1979 South Africa 1 oz Gold Krugerrand BU
Bullion
1979 South Africa 1 oz Gold Krugerrand BU
Introduced in 1967 by the South African Mint, this iconic issue represents the very first gold bullion coin designed for mass production. By 1979, the series was firmly established as a global standard, though its journey through international commerce would later face major shifts, including an import ban by the United States in 1985 that was eventually rescinded in 1994. The obverse features a detailed portrait of Paul Kruger, the inaugural president of South Africa. Surrounding his likeness, the name of the issuing nation is written in two languages, appearing as SUID-AFRIKA and SOUTH AFRICA. On the reverse, a springbok antelope bounds across the landscape. This side also displays the 1979 minting year, split across the design, alongside inscriptions detailing the weight of the precious metal, which contains exactly one ounce of fine gold.
Fair market value
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Prices shown are estimated fair market values based on live spot prices and typical dealer ask premiums. They are provided for informational purposes only and are not an offer to buy or sell. The price a dealer will pay for an item (bid) is typically 10–20% below the values shown, depending on the item, its condition, and current market conditions.
Specifications
| Country | South Africa |
|---|---|
| Year | 1979 |
| Grade | Brilliant Unc |
| Metal | Gold |
| Weight | 1.0000 troy oz |
| Purity | .9167 |
| Thickness | 2.84 mm |
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