Tag: <span>Gold News Australia</span>

A few years after the discovery of gold in South Africa and the beginning of its mint, South Africa issued its first gold sovereign in 1892. However, due to British occupation in South Africa, the coins were based on British coinage until the country gained independence. South African Mint is situated in Centurion and is thriving when it comes to technology and minting coins.

Krugerrand: 1967

South African Krugerrand Gold Coins are considered as one of the most eminent bullion ever. It was produced in 1967 and it had a market share of almost 90% in 1980. It was 22-Karat gold and was 91.67% pure. It weighed 113g.  The First South African president and founder of its Mint, Paul Kruger, … Read the rest