2017 50 oz South African Krugerrand 50th Anniversary Privy .9167 Gold Proof Coin

Mintage is just 50pc!

South African Gold Krugerrand has dominated the bullion gold market and is considered to be the most widely held and actively traded bullion coin on the market. Not only was the South African Krugerrand the first bullion gold coin to be marketed as a vehicle for private ownership during the 1970's. Developed by the South African Chamber of Mines on behalf of the South African gold mining industry and officially authorized by the South African Reserve Bank, the Krugerrand continues to be on of the most widely produced and recognized gold coin both internationally and domestically, with nearly 46 million ounces produced and distributed world wide. Kruggerands are produced at the Rand Refinery in Germiston South Africa, established by the Chamber of Mines in 1920, the Rand Refinery is the worlds largest single site smelting and refining complex in the world. It is important to note that the Rand Refinery is the only refinery in the world that is authorized through the South African Treasury and the Reserve Bank of South Africa to manufacture and supply the gold blanks for Krugerrands.

To celebrate the 50th anniversary of the Krugerrand, the South African Mint has minted a limited edition of a beautiful 50 oz Proof Gold Krugerrand. This coin

The new 5 oz gold proof coin adds weight and significance to the Krugerrand family and provides collectors with an unmatched addition to their treasuries. Issued in 50 oz for the first and only time in 2017 as part of the greater 50th anniversary celebrations, this coin symbolises an ounce for every decade in the legacy of the Krugerrand.

Collect this 2017 gold Krugerrand at LPM today!