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collector coin

Krugerrand 2024, Proof

South Africa 2024 1/10 oz Au 916

Catalogue number LR #4606
Country South Africa
Metal Au
Fineness (purity) 916
Weight 1/10 oz
Diameter 16,50 mm
Quality Proof
Year of issue 2024
Certificate Yes
Box Yes
Mintage 2 000 pcs.
400 $ Catalog price
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Krugerrand, the most famous and appreciated investment coin in the world.This gold 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 1/10 of an ounce of 24-carat gold. What's more, this exceptional specimen comes with a certificate of authenticity and a limited edition of 2,000 pieces. Krugerrands are produced by the South African mint, Rand Refinery. They are a legal tender, backed by the South African government for their legality, metal purity, and origin. Interestingly, although Krugerrands are legal tender, they do not have a face value. This means that the South African Reserve Bank is obligated to repurchase the coins at the prevailing gold price. The obverse features the portrait of President Paul Kruger along with the inscriptions "SUID-AFRIKA" and "SOUTH AFRICA". The reverse depicts a springbok antelope, the symbol of South Africa. On either side of it are the numbers representing the minting year, and below is the inscription "Fyngoud 1/10oz fine gold", indicating the content of pure gold.

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