South Africa
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Minted by the South African Rand Refinery. 0.25 Troy Oz or 7.322 grams of Fine Gold Content.
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33.9310 Grams (1.0909 Troy Ounces)
916.7 Fine Gold
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£/g to £/g Over SpotVolume Pricing Qty Per Unit Single Buy £1,929.41 Best Value (10+) £1,916.87 Click here to view all tiers
Gold in the Repulic of South Africa, mainly mined in the East of the country, accounted for 15% of the world's production in 2002. It has produced 30% of the world's gold since 1993, with half of the world's gold reserve is found in this diverse and beautiful country.
Once the world's leading gold producer, it has now been overtaken by China. Although the demand for gold has risen since 2009 (mainly from India and China) production is now falling due to ever deeper mining (over two mile).
South African mints the Krugerrand, which is legal tender, which was first marketed in 1967. This beautiful coin features a Springbok Antelope on the reverse and Paul Kruger on the obverse. This coin has always proved popular for collectors, and has a once unique combination of metals, namely gold and copper.