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bullion coin

Krugerrand 1980

South Africa 1980 1/2 oz Au 916

Catalogue number LR #3585
Country South Africa
Metal Au
Fineness (purity) 916
Weight 1/2 oz
Diameter 27 mm
Quality BU
Year of issue 1980
Certificate No
Capsule Yes
1 408,19 $ Catalog price
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Krugerrand, the most famous and appreciated investment coin in the world.This gold bullion coin is minted from 916 gold with a small amount of copper (8.333%).The addition of copper increases the value's resistance to scratches and also gives it a unique color.It is worth noting that the gold krugerrand contains 1/2 ounce of 24-carat gold and its total weight is more than 15.5 g.

Krugerrand is one of the best known and most frequently purchased investment coins in the world.The coin is struck from 916 gold with a small admixture of copper. The addition of copper improves the scratch resistance of the coin and gives it a unique colour.The coin features an image of springbok antelope. Coins with its image have been minted continuously since 1967. Coin name created by combining the words "Kruger" with "Kruger". (from the name of the President of South Africa) and "rand", which is the name of the currency in South Africa.Krugerrands are produced by the South African Mint - Rand Refinery. They are legal tender, guaranteed by the South African government as to the legality, purity and origin of the metal. It is interesting that although Krugerrands are legal tender, they have no monetary value. This means that the South African Reserve Bank is obliged to buy back the coins at the prevailing price of gold. We offer the coin from the photo.

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