Issuing Authority: South Africa
Manufacturer: Rand Refinery
Weight (grams): 33.93
Pure gold content (grams): 31.1035 (1 troy ounce)
Fineness: 22ct Gold (916.7)
Dimensions: Standard 1oz bullion coin (Krugerrand series)
The 1987 1oz Gold South African Krugerrand is a globally recognised bullion coin struck in 22-carat gold. It is one of the most widely traded gold coins in the world and is known for its durability, liquidity, and historical importance as the first modern gold bullion coin.
Obverse Design: Features a portrait of former South African President Paul Kruger.
Reverse Design: Displays Coert Steynbergโs iconic springbok antelope, a national symbol of South Africa representing agility and freedom.
The Krugerrand was first introduced in 1967 and became the standard for modern bullion coins worldwide. Its copper alloy content gives it added strength and a distinctive reddish-gold appearance.
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