Prior to the 1960s, gold investing was seen as something only the privileged could afford to partake in. However, that all changed in 1967, when the South African Mint introduced the worlds first 1 oz gold bullion coin with the Krugerrand. Suddenly, anyone could use their hard-earned savings to invest in gold thanks to the mass production of Krugerrands. Provident Metals now has 1974 South African Krugerrand 1 oz Gold Coins available to you for purchase online.

Coin Highlights:

• Ships in a protective plastic flip!
• 1974 Krugerrand produced by the South African Mint!
• Contains 1 Troy oz of actual gold content.
• Though without face value, these coins are seen as legal tender in South Africa.
• Paul Kruger is featured on the obverse field.
• A Springbok antelope is found in the reverse design.

All 1974 South African Krugerrand 1 oz Coins in this Provident Metals online listing will ship to you in protective plastic flips. These coins contain 1 Troy oz of gold. However, you may notice that they have a purity of .9167, which is simply due to their copper-gold alloy. These coins will bear the date of 1974, which is the first year Krugerrand production exceeded a one-million coin mintage.

Obverse

On the obverse side of 1974 South African Krugerrand Gold Coins, you will find a portrait of Paul Kruger. Kruger was a notable leader of the resistance against British rule in the former province of Transvaal. He later became president of the South African Republic from 1883 until 1900. Inscriptions on the obverse face read SUID-AFRIKA, SOUTH AFRICA.

Reverse

The reverse face of 1974 Krugerrand 1 oz Gold Coins features a Springbok antelope. These reddish-brown creatures frequent the open plains of South Africa, where their population is thriving. They are considered the national animal of South Africa. Youll see on the coins legend inscriptions that read KRUGERRAND, 1974, FYNGOUD, 1 OZ FINE GOLD.

History

In 1967 the gold Krugerrand was first released by the South African Mint. However, it wasnt until the early 1970s that the coin became a mass-produced phenomenon that changed the direction of gold investing permanently. By 1980, the Krugerrand was responsible for 90% of the worlds coin market. Since their inception, over 50 million ounces of the coin have been sold.

Ordering

Provident Metals customer service is available to assist you at 800-313-3315. We are also available to you on the web using our live chat and email address features.