![]() ![]() The portrait on the obverse of the coin is a picture of Paul Kruger. The rand, which is also the name of South Africas currency, is originating from the geographical name Witwatersrand in the Gauteng province where large amounts of gold was found during the end of the 19th century. The name Kruger originates from the 19th century boer president Paul Kruger which has also given name to the famous Kruger park. Established in 1972, The South African Gold Coin Exchange has been the market leader for almost 50 years in gold bullion and numismatics in South Africa. The South African Gold Krugerrand is the original gold coin available for private investors, having debuted in 1967. Since 1980, three smaller sizes being 1/10 oz, 1/4 oz and 1/2 oz are also minted. Produced at the celebrated South African Mint, the 2 Rand South African Gold Coin enjoyed circulation from 1961 to 1980. The coin was initially only produced in one size being 1 troy oz. As the worlds most minted investment gold coin, the 1 ounce Krugerrand is highly liquid and well-known around the globe. ![]() The South African Chamber of Mines came up with the idea of the Krugerrand in the 60s as an idea of how to market South African gold. The coin was minted for the first time in 1967 and has been produced every year since. Gold South African Coins All Auction Buy It Now 39 Results 6 filters applied Composition Grade Year Denomination Certification Condition Price Buying Format All Filters 2017 S.A. Krugerrand - Minted since 1967, The South African Krugerrand is the most popular and numerous one ounce bullion gold coin in the world and offers a great. The purpose of the alloy, consisting of 11/12 gold and 1/12 copper, is to make the coins more resistant to wear and tear since copper is a harder metal than gold. This equates to more Krugerrands in circulation internationally than all other gold coins combined.Ĭontains 1 troy oz of gold but its total weight is 33.93 gram with the remainder being copper. To date some 46 million ounces fine gold contained in newly minted Krugerrands have been sold worldwide. ![]()
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