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What is a 1 ounce gold coin minted in South Africa?

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What is a 1 ounce gold coin minted in South Africa?
posted Mar 27, 2017 by Saif Khanam

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1 Answer

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The 1-ounce gold Krugerrand is 91.67% fine gold, and weighs 1.0909 troy ounces. It is distributed from the South Africa Mint in tubes of 10 and/or 15 coins per tube. Its diameter is 32.7 mm, thickness 2.83 mm. Gold bullion coins got their start in 1967 when South Africa introduced the Krugerrand.

answer Mar 30, 2017 by Shivaranjini
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