The first national bullion coin in the world, the South African Krugerrand was first issued in 1967 to demonstrate the quality of that country's gold. The Krugerrand is named after Paul Kruger, the 5th president of South Africa and war hero of the Second Boer War, and the rand, the official South African currency unit. The coin was such a wild success that other countries followed suit, issuing their own bullion coins.
Conceived in 1978 and first struck in February of 1979, the Canadian Gold Maple Leaf was a breakthrough in coinage. One of the purest coins available in the world, the 24 karat gold coin from the Royal Canadian Mint (RCM) is minted without any base metal.
The first American coin of its kind, the Gold American Buffalo is a 24-karat bullion coin. Its significance can be attributed to it being the first .9999 fine gold coin to be in large circulation in the history of the United States Mint.
The American Gold Eagle proof, the limited-edition version of the bullion version of the same name, reveals the meticulous minting for which the U.S. Mint has become known. Only a limited number of these coins are minted each year, and they have the highest of production standards and immaculate presentation.
First released in 1986, the American Gold Eagle bullion coin is a joy to behold. Made of 91% gold, the coin is issued in denominations of 1/10 oz, 1/4 oz, 1/2 oz and 1 oz. Artist Augustus Saint-Gaudens and sculptor Miley Busiek both contributed to the coin; Saint-Gaudens' epic rendition of Lady Liberty is on the front, and Busiek's portrayal of a family of bald eagles is on the back.