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The Coin was Created as a Means for the Private Ownership of South African Gold Bullion by the General Public

The Gold South African Krugerrand was First Conceptualized in 1967 as a Legal Tender Bullion Coin Marked Only with its Weight in Gold



The Krugerrand gold coin are designed to be durable and are therefore .9170, or 91.7% gold, with the remainder being copper. This South African 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 South African Krugerrand coin value is determined by its gold content plus a premium that is dictated by market conditions.

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from Precious Metals News
The Coin was Created as a Means for the Private Ownership of South African Gold Bullion by the General Public The Coin was Created as a Means for the Private Ownership of South African Gold Bullion by the General Public Reviewed by Unknown on 06:18 Rating: 5

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