1 oz 1978 Krugerrand Gold Coin
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The Krugerrand was first minted in 1967 to help South Africa market its gold. It is produced by the Rand Refinery in Germiston, a city in the East Rand of Gauteneng in South Africa. The name itself is a combination of "Kruger" (a past president of South Africa) and "Rand", the South African currency. The Krugerrand is minted from a more durable copper-gold alloy often referred to as "crown's gold" because of its use in English gold sovereigns, among others. It is 91.67% (22 karat) gold and 8.33% copper. The total weight of the coin is 1.0909 troy ounces (33.93 grams) and is therefore still 1 ozt (31.1035g) of pure gold.
The Krugerrand is one of the most popular gold bullion coins in the world, having accounted for around 90% of the global gold coin by 1980. This coin is synonymous with quality and reliability.
Add some age to your collection with the purchase of a 1 oz 1978 Krugerrand gold coin today.
|Otto Schultz (obverse), Coert Steynberg (reverse)|
|Bust of Paul Kruger and the words "SUID-AFRIKA·SOUTH AFRICA".|
|A Springbok Antelope with the mintage year 1978 on either side and the words "KRUGERRAND FYNGOUD 1 oz FINE GOLD".|
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