South Africa Krugerrand Gold 1/4 Ounce
The Krugerrand derives its name from combining the names of Paul Kruger, a well-known Boer leader and local hero who went on to become the last president of the Republic of South Africa, and the "rand" -- the monetary unit of South Africa.
Krugerrand gold coins are legal tender. Its composition was designed to be more durable. Its purity is .9170, or 91.7% gold, with the remainder being copper. Copper alloy gold coins are more resistant to wear than their 24 karat counterparts. The coin also appears closer to an orange shade than coins alloyed with silver.
Krugerrand is regarded as one of the worlds' oldest and most recognizable gold bullion coins, carrying with it all of the qualities one could want in a gold investment: liquidity, portability and beauty.
||1/4 Troy oz or 7.776g
||22 Karats or .9167