What is Krugerrand?
The Krugerrand 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.
The name is a compound of Paul Kruger, the former President of the South African Republic, and rand, the South African unit of currency.
Krugerrand Prices In South Africa?
KRUGERRAND 1 oz | KRUGERRAND 1/10 oz | |
|---|---|---|
| We Sell | R31,660-00 | R3,540-00 |
| We Buy | R29,760-00 | R2,960-00 |
What is so special about Krugerrand?
The Krugerrand is comprised of copper and gold alloy that weighs a total of 1.0909 Troy ounces, of which one Troy ounce is 24 karats of pure gold (. 999).
The copper alloy makes it highly durable and scratch-resistant–and gives the Krugerrand it’s signature orange-gold hue.