The 1978 South Africa Krugerrand one-ounce gold coin represents the apex for the series. This is the case because more one-ounce gold coins were sold in 1978 than in any other year. As a result, most collectors and investors should be able to obtain a great example of the coin for their collections or investment portfolios.
Here is a quick buyer’s guide about the 1978 South Africa Krugerrand one-ounce gold coin that can help you locate a neat example of this golf bullion coin for your collection or investment portfolio. To start off, let’s learn about the coin’s specifications.
Specifications:
Mintage: about 1,600,450.
Designer: Coert Steynberg.
Mintmark: none.
Mint location: Centurion, South Africa.
Weight: 1.0909 troy ounces.
Gold content: 0.9999 troy ounces.
Purity: 91.96% pure gold, 8.04% alloys.
Face Value: none.
Design Information:
The 1978 South African Krugerrand one-ounce gold coin features on its obverse a portrait of Paul Kruger. He is famous for his role in leading Boer resistance against British rule. He is also famous for his role as the last president of the original Republic of South Africa.
The reverse shows a profile of the Springbok. This national symbol of South Africa is a gazelle that is native to the area. The reverse also shows the date. The first two digits of the date appear to the viewer’s left. The second two digits of the date appear to the viewer’s right.
How to choose an example of the 1978 South Africa Krugerrand one ounce gold coin:
The coin is usually found with a bright orange-yellow hue. This hue is the result of the coin’s higher than average gold content. As a result, buyers should not mistake this hue for the bright orange color that results from cleaning a gold coin.
The coin’s edges are also susceptible to bumps and bruises. Coins with these faults should not be purchased because they tend to be very difficult to sell later on.
Moreover, many examples of the coin tend to have what are known to collectors as copper spots. These disfiguring spots appear when a coin’s alloy has been mixed improperly. They usually appear as dark brown stains on the coin’s field. These coins should be avoided because most knowledgeable collectors and investors tend to shun gold bullion coins that have copper spots or other faults.
As a result, be sure to look for a 1978 South Africa Krugerrand one-ounce gold coin that has no rim bumps, no copper spots and a bright orange-yellow color.
If you need help locating Krugerrands that have these attributes, be sure to visit a coin dealer or a precious metals dealer today for more details.