THREE THINGS YOU SHOULD KNOW ABOUT SOUTH AFRICA'S GOLD KRUGERRANDS 1. The gold Krugerrand has a distinct reddish-copper color, unlike other modern gold bullion coins. This is due to its high copper content of 8.33%. The Krugerrand has a gold fineness of 0.9170, but actually weighs in at a full 1 0unce of gold: Here's a photo of the reverse of a 1980 Krugerrand so you can see its color (Naples News photo): SOUTH AFRICA 1980 KRUGERRAND 2. Look at other modern gold coins such as the Canadian Maple Leaf and the American Gold Eagle. Now take a peek at the back of the gold Krugerrand. Notice anything different? Canadian Gold Maple Leaf: CANADA 2007 .9999 GOLD MAPLE LEAF Take a look at this United States Gold Eagle Photo (click top right thumbnail to view reverse). American Gold Eagle (CMI Gold and Silver photo: UNITED STATES - AMERICAN GOLD EAGLE 3. Those gold coins presented above bear a $50 denomination, but the Krugerrand bears no currency denomination. The value of the coin is the intrinsic value of its gold content. The name of the coin - Krugerrand - is actually an amalgam or combination of the words "Kruger," which is the last name of the 5th President of the South Africa republic, Stephanus Jonannes Paulus Kruger, and "Rand," which is the name of the currency of South Africa Thought you should know... Clinker
