Pre-owned 1979 Krugerrand Gold Coin 1oz

For Condition - Please View Photos The 1979 Krugerand is South African gold coin, made jointly by the South African Mint and the Rand Refinery. Weighing 33.93 grams with a fineness of 916.7 (22 carat gold), each coin contains exactly one troy ounce (31.103g) of pure gold. Gold Krugerrands are the official bullion coin of South Africa and have legal tender status, although there is no face value shown on the coin. Obverse: The obverse of the 1979 1oz Gold Krugerrand bears the portrait of Paul Kruger, the influential statesman who served as President of the South African Republic from 1883 to 1900. His likeness has featured on every Krugerrand since the coin's launch in 1967, making it one of the most recognisable images in the world of bullion. The legend on the obverse of the coin reads 'SUID-AFRIKA · SOUTH AFRICA', reflecting the coin's bilingual heritage with text in both Afrikaans and English. Reverse: The reverse image on the coin features a springbok in full stride. The springbok is the national animal of South Africa's and is an enduring symbol of the country. The design was engraved by Coert Laurens Steynberg, whose initials 'CLS' are discreetly inscribed below the springbok. The year of issue, 1979, also appears on the reverse with the digits split left and right of the animal.