The Gold Krugerrand is currently one of the most famous and popular investment coins in the world.This bullion coin contains 1 ounce of gold (1 troy ounce) and is minted from 916 gold with a small admixture of copper (8.333%).This addition gives the gold Krugerrand a slightly reddish tint, and even though it is minted from one ounce of gold, its weight is slightly greater (33.93 g).

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.