A gold coin minted in South Africa containing 1 oz of gold. The Krugerrand, minted by the Rand Refinery in Johannesburg was the first bullion coin in the world. It is unusual in that it is only 22K pure compared with other widely traded bullion coins such as the Canadian Maple Leaf, the Australian Nugget and the Chinese Panda which are 24K pure.

South African gold coin. Click on Modern Gold Bullion Coins.

a gold coin minted by the Republic of South Africa, but it