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Product Description
Additional Information
| Denomination | Foreign |
| Coin Grade | Uncirculated |
| Grade Designation | Mint State |
| Mint | Foreign |
| Actual Gold Weight Ozt | 1/2 ozt |
| SKU | BBFG-00010 |
The South African Krugerrand is the most widely owned gold bullion coin in the world, representing 46 million ounces since its introduction in 1967. The purpose of the original issue was to encourage individual ownership of gold, and it must be said that this objective has clearly been met by the Krugerrand. The coins were intended to be used as currency in South Africa, and as such are made of a durable 22k (.9167) alloy of gold and copper. This alloy, known to historians as crown gold due to its use in English gold sovereigns, gives the coins their distinctive rich color and grants them a durability that bullion coins of higher purity often lack.
The Krugerrand uniquely has no stated face value: instead, its legal tender value is the bullion value of its gold at the current market price. South African Krugerrands are available in the following denominations: one troy ounce of pure gold, measuring 32.77mm in diameter; one half-ounce, measuring 27.07mm in diameter; one quarter-ounce, measuring 22.06mm in diameter; and, finally, one tenth-ounce, measuring 16.55mm in diameter. The Krugerrand takes its name from the man whose portrait occupies the obverse of the coin: Paul Kruger, the last president of the former South African Republic. The reverse depicts a springbok antelope, one of South Africa’s national symbols.
The Krugerrand uniquely has no stated face value: instead, its legal tender value is the bullion value of its gold at the current market price. South African Krugerrands are available in the following denominations: one troy ounce of pure gold, measuring 32.77mm in diameter; one half-ounce, measuring 27.07mm in diameter; one quarter-ounce, measuring 22.06mm in diameter; and, finally, one tenth-ounce, measuring 16.55mm in diameter. The Krugerrand takes its name from the man whose portrait occupies the obverse of the coin: Paul Kruger, the last president of the former South African Republic. The reverse depicts a springbok antelope, one of South Africa’s national symbols.
Shipping Information
Orders are shipped only after receipt of good funds. Orders paid by bank wire, credit card or postal money orders usually ship within 3-5 business days. Orders paid by personal check, cashier’s check or bank money order are held until funds fully clear (at least 6 business days and as many as 10 business days) before processing.
A majority of orders are shipped via USPS. FedEx, UPS and Brinks are also used on occasion at our discretion. If you would like to use a specific shipping service, please contact Customer Service at (877) 429-8790 for a custom shipping quote.
All orders are shipped fully insured.
Multiple orders cannot be combined to save on shipping or for any other purpose.
All packages over $50 require a signature to be received.
All packages shipped via USPS will be shipped First Class, Priority or Express Mail.
All orders totaling $5,000 or more will be shipped USPS Priority Registered Mail.
You will be notified by email when your package(s) ships. To protect our customers and Provident Metals from possible fraudulent activity, we do not provide tracking numbers on orders placed with credit cards.
All packages are shipped securely in inconspicuous packaging and give no indication of contents. Boxes may or may not be addressed from “Provident”.
Some oversized packages may be shipped Federal Express or UPS.
We offer flat rate shipping based upon each order’s subtotal.
Shipping rates are as follows:
| Order Sub-Total | Shipping Rate |
|---|---|
| $0-$99.99 | $5.95 |
| $100-$499.99 | $8.95 |
| $500-$1,999.99 | $11.95 |
| $2,000-$4,999.99 | $16.95 |
| $5,000 + | $24.95 |
International Shipping - We are currently shipping to Canada, but these orders cannot be placed online. All Canadian customers must call during our regular business hours to place their orders. Acceptable payment methods are limited to wire transfers, bank drafts, cashiers checks, and money orders for international orders. At this time we may ship to other countries on a case-by-case basis depending on USPS/UPS/FedEx shipping policies. Additional costs may be incurred. Please call during normal business hours to check if shipping to your country can be done. See our FAQ page for more information on international shipping.
