2024 South African Krugerrand 1/10oz Gold Coin

The 2024 South Africa Krugerrand 1/10oz Gold Coin features a portrait of Paul Kruger on the obverse of the coin, president of the old South African Republic.The reverse of the South Africa Krugerrand 1/10oz Gold Coin shows a Springbok Antelope, one of South Africa’s national symbols. Inscribed above is ‘KRUGERRAND’, with the details of the coin’s 2024 year-date and gold weight appearing beneath.Weighs 3.39g and is struck in 916.7 (22ct) gold.Contains 0.10 troy ounces of fine gold.Manufactured by The South African Mint.Struck to a bullion finish.VAT free.Dimensions: Diameter: 16.50mm. Thickness: 1.35mm.Supplied in a plastic coin flip.Other InformationFirst minted in 1967 by the South African Mint, the name ‘Krugerrand’ comes from the name president at the time Paul ‘Kruger’, and the unit of currency of South Africa the ‘Rand’. Some countries banned the importing of Krugerrands during the ’70s and ’80s due to the association with the apartheid government, but it is now one of the most recognised gold coins among collectors and investors alike. After its conception at the end of the 1960s, the Krugerrand was being minted at a rate of approximately 40,000 units per year, and this continued to grow until 1978 when a record-breaking 6 million coins were produced.The Krugerrand was given the status of legal tender in South Africa, which is why it is minted in 22ct Gold (91.67% purity) in order to make the coin more durable. The remaining metal in the coin is copper, making the Krugerrand slightly red in colour.