The Gold Krugerrand is One of the Most Widely Owned Gold Coins to Date, with Sales of Over 50 Million Ounces Since Inception

Gold Krugerrands are designed to be durable and are therefore .9170, or 91.7% gold, with the remainder being copper. This gold bullion coin also appears closer to an orange shade than coins alloyed with silver. Each one-ounce coin weighs 33.93 grams (consisting of 31.1 grams pure gold and 2.83 grams copper). The Krugerrand coin determines its value by its gold content plus a premium that is dictated by market conditions.

The gold coin from South Africa gets its’ name from a combination of the first Boer president of the South African Republic, Paul Kruger, and the name of currency from South Africa, the rand.

Paul Kruger (obverse) – The coin features the former President of the old Republic of South Africa from 1883-1900, on the obverse of the coin.

African antelope-gazelle (reverse) – The springbok, a famous national symbol of the South African Republic, is on the reverse. The words “South Africa” and “fine gold” are displayed in both English and Afrikaans.

You can purchase these gold coins here:
https://goo.gl/TtrUPU

Originally Posted Here: The Gold Krugerrand is One of the Most Widely Owned Gold Coins to Date, with Sales of Over 50 Million Ounces Since Inception

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s