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1 Pound South Africa

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1 Pound South Africa

The 1 pound South Africa comes from South Africa and has been minted since 1892. In South Africa, the coin is legal tender and has the face value of 1 pound. The coin was minted from 1892 to 1900 in 7.99 grams of 22 carat gold.

The coin has a round shape and are engraved by Otto Schultz. On the obverse of the coin is the text 'Eendragt maakt magt' with the year in which it was minted. The reverse of the coin depicts the head of Paul Kruger looking to the left. This image is accompanied by the text 'South African Republic'.

Do you want toSelling Gold Coins in the long run? Holland Gold offers a buyback guarantee on all gold coins you buy from us. Didn't you buy the gold coins from us? We also buy these gold coins. 

Specifications
Fine weight7.32 Gram
Total weight7.99 Gram
DimensionsØ 22 mm x 1.52 mm
Purity / Content916,7/1000 - 22 Carats
Year of issue1892-1900
ConditionPreviously circulated
Country of OriginSouth Africa
Mint HouseThe South African Mint
PackagingSoft plastic coin capsule
Safety featuresNo
Legal tenderYes
Face value1 British pound
Tax (VAT)Exempt from VAT
Insured shipment possibleYes, at a location of your choice
Pick-up availableYes, in Alkmaar or Rotterdam
Storage possibleYes, in the Netherlands
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Precious Metal Advisor
Precious Metal Advisor

Why buy gold at Holland Gold?

Gold offers protection in times of inflation
Gold offers protection in times of inflation
In the long term, gold retains its value, while currencies lose a lot of purchasing power. An example of the value retention of gold is that 2,000 years ago you could buy a tailor-made suit for one gold coin and that is still the case today.
Gold is an insurance against a systemic risk
Gold is an insurance against a systemic risk
The gold reserves at central banks act as the backing of a money system. According to DNB, gold is an 'anchor of trust': "If the entire financial system collapses, the gold supply provides collateral to start over."
Gold is a mainstay in the investment portfolio
Gold is a mainstay in the investment portfolio
Gold strengthens the portfolio through its long-term returns and diversification. Its traditional role as a safe haven means that gold is an asset in times of crisis, moving in the opposite direction to the rest of the portfolio.
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