Description
The Krugerrand is a South African coin. The gold Krugerrand was first minted in 1967 and by 1980 accounted for more than 90% of the global gold coin market and was the number one choice for investors buying gold. The gold Krugerrand is made form 22 karat gold or 91.67% in pureness. Although these coins have no face value, they have a value based on the pure gold used to mint these coins. They have always been popular in the precious metal market for over 50 years.
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