South african gold is world renowned and the krugerrand is the iconic south african coin.
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The south africa gold krugerrand coin is one of the most widely owned gold coins to date with sales of over 50 million ounces since inception.
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The krugerrand ˈ k r uː ɡ ə r æ n d.
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ˈkrœjərˌrant is a south african coin first minted on 3 july 1967 to help market south african gold and produced by rand refinery and the south african mint.
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Originally minted in 1967 this beautiful gold south african krugerrands coin comes from the south african mint.
The first five years of the series are known as the big five as they depict south africa s most famous animals.
It contains one troy ounce of pure gold along with an alloy of 2 826 grams of copper.
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First minted in 1967 this coin accounted for 90 of the global gold coin market by 1980.
The wild success of the krugerrand inspired a host of other gold producing countries to issue gold bullion coins and ingots including the chinese gold panda coin and the canadian maple leaf coin.
Investors looking to buy or sell krugerrand gold coins online or over the phone should call money metals exchange directly at 1 800 800 1865 to inquire about krugerrand gold coins value and availability.
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Krugerrands have a diameter of 32 6mm a thickness of 2 74mm and a fineness of 9167.
The name is a compound of paul kruger the former president of the south african republic depicted on the obverse and rand the south african unit of currency.
Following those five years there have been a variety of themes such as monarchs of africa.
The south african gold krugerrand is a legal tender coin issued by south africa weighing 33 93 grams or 1 0909 troy ounces of 22 karat gold.
