The Krugerrand coin originates from South Africa, where it was first produced by the South African Mint in 1967. It was a sensationally popular bullion coin throughout the 1970s and 1980s, and in 1980 accounted for 90% of the global coin market. The observe side carries the profile of Paul Kruger, the 5th President of the South African Republic, while the reverse side depicts a galloping springbok. Unusually for bullion coins, the Krugerrand was given the status of legal tender, and so was minted in a durable copper-gold alloy. Its weight is actually 1.0909 Troy ounces, but as it is minted in 22 karat gold alloy, it contains 1 Troy ounce of pure gold. Expertly crafted and with its own unique history, the Krugerrand is a fitting investment for the experienced gold bullion collector.
|Pure gold content (g)||31.10|
32.77 x 2.84