Learn to love the SA Krugerrand
07 August 2010
The South African Krugerrand is a well established and recognized bullion coin made by the South African Mint. Its main aim was to offer a means of owning gold to the average man on the street.
The unique thing about the Krugerrand is that it is legal tender, yet the coin has no markings other than its actual gold weight. 1 ounce gold coins represents 1 fine ounce of gold. Even though these coins are 22 karat gold and have an alloy of copper, you can rest assured that you’re still getting 1 ounce of gold.
The red tint or hue is caused by the copper alloy, making this gold coin a little less yellow than other gold coins.