gold coin minted by the republic of South Africa that typically sells for slightly higher prices than the market value of the gold it contains.

A gold bullion coin minted by the Republic of South Africa. Kruggerands come in quarter-ounce, half-ounce and one-ounce sizes and usually sell for slightly more than the current value of their gold content. Other gold coins traded include the United States Eagle, Canadian Maple Leaf, Mexican Peso, Australian Kangaroo and the Austrian Philharmonic.