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Zululand Coins
## Brilliant UNC ## - 1/10 Th OZ krugerrand - ## Start Investing ##
You are bidding on a Brilliant UNC 1/10th OZ Krugerrand
Dates Vary
The Krugerrand gold coin was introduced by the South African government in 1967, back when South Africa was not only the largest gold producer in the world (which it still is today) but when it was also producing a massive 1,000 tonnes of gold per year.
Now producing just one-quarter as much gold each year, South Africa still leads the world in gold mining output – and it still mints gold Krugerrand coins, guaranteeing their weight and purity in a certificate issued with each gold coin.
The most common Krugerrand, the one-ounce gold coin, actually weighs 1.0909 troy ounces. Its purity of 91.67% gold – which is better known in the jewelry business as 22 carat – means that each gold coin contains exactly one troy ounce of gold (the rest is copper). The gold Krugerrand was the first gold bullion coin in the world minted at this one-ounce weight. So-called "fractional" Krugerrands weighing half, one quarter and one-tenth of an ounce were added in 1980.
