Krugerrand is a luminary name in the world of coins. The South African government began issuing them in the 1960’s. It was the original gold bullion coin, created as a marketing vehicle for South African gold. By the year 1980 the Krugerrands comprised an estimated 90% of the gold coin trading business around the world.

Many other countries and coins followed, but the Krugerrand was first and still enjoys status as perhaps the most recognized gold coin worldwide.

The coin set the trend. Other countries followed South Africa’s lead by issuing gold bullion coins of their own, providing a way to make physical gold more accessible to their citizens. Gold has always been an important strategic asset and governments sought to keep more of the metal produced in domestic mines from being exported by developing demand internally.

Krugerrands are more durable than pure gold coins because they are made from an alloy of gold and copper. The addition of copper makes the coin much harder – more scratch and wear resistant - than .999+ gold.

The gold purity is 22 karat, but each coin is marked and sold based upon the actual gold content. The quarter ounce Krugerrand, for example, contains a full quarter ounce of gold plus the additional weight of the copper alloy.



Check out these gold coins here:
https://goo.gl/LjNCo6