South Africa 2 Rand Gold Coin AU (Random Year)

Posted on November 9, 2019

Australian Perth Mint Gold. Gold Bars & Rounds. Perth Mint Gold Bars. America the Beautiful Coins. 90% & 40% US Silver Coins. Australian Perth Mint Silver. Cast & Hand Poured. South Africa 2 Rand Gold Coin AU (Random Year). One of the most popular coins on the market, the South African Krugerrand dates back to 1967, being the world’s first modern bullion gold coin. The concept of the Krugerrand was first introduced by the South African Chamber of Mines in the 1960’s to promote physical gold as an investment opportunity for the “man on the street”. The Krugerrand was released in 1967 as a legal tender coin and contained exactly 1 troy ounce of fine gold. This gold coin was unique in that it had no denomination because its face value was connected to the daily gold price. In 1980 the fractional Krugerrands (1/2 oz, 1/4 oz, and 1/10 oz) were released, making the Krugerrand affordable to more people. The Krugerrand dominated the world’s coin market over the next nine years, but during the years when sanctions against the South African government were applied in the mid-1980’s, other mints elsewhere took the opportunity to issue their own legal tender bullion gold coins. However, the Krugerrand had become one of the world’s leading brand names and remains so today in the 21st century. This elite Gold 2 Rand is 22 Karat gold and weighs 7.987 g with a diameter of 22 mm. The obverse was designed by Coert Steynberg and depicts a springbok antelope, a national symbol of South Africa. The name “South Africa” and the gold content are also inscribed on the Krugerrand in both English and Afrikaans. The reverse depicts a portrait of Jan van Riebeeck a Dutch colonial administrator and founder of Capetown as well as the inscription “EENDRAG MAAK MAG, ” “UNITY IS STRENGTH”. By purchasing from Bullion Exchanges, you are agreeing to all of our Terms and Policies. 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Bullion Exchanges reserves the right to cancel sales that may or may not have typography issues within the listings, pricing inaccuracies, systematic faults by our system, and/or errors caused by eBays system, without further notice. Purchasing bullion and/or coins involves price risk, and the purchaser assumes all such risk. We do not offer or make price adjustments based on the market fluctuations of precious metals, or for any other reason. We will never ask the customer to pay more for a product if the price significantly increased, so please refrain from requesting price adjustments after market prices decrease. The item “South Africa 2 Rand Gold Coin AU (Random Year)” is in sale since Tuesday, January 8, 2019. This item is in the category “Coins & Paper Money\Bullion\Gold\Coins”. The seller is “bullion.exchanges” and is located in New York, New York. This item can be shipped to United States.

• Coin: South African Rand
• Certification: Uncertified
• Country/Region of Manufacture: South Africa