2011 GOLD SOUTH AFRICA KRUGERRAND

CERTIFIED NGC PROOF 70 ULTRA CAMEO



OBVERSE: BUST OF PAUL KRUGER FACING LEFT; LEGEND AROUND CENTER.

REVERSE: SPRINGBOK WALKING RIGHT DIVIDES DATE.

DIAMETER: 32.7 MM

CONTAINS 33.93 GRAMS OF .917 FINE GOLD

(1 OZ ACTUAL GOLD WEIGHT)

MINTAGE: 600


THE YEAR 1961 HERALDED GREAT CHANGES FOR SOUTH AFRICA. THE REPUBLIC OF SOUTH AFRICA WAS PROCLAIMED AND THE COUNTRY CEASED TO BE A MEMBER OF THE BRITISH COMMONWEALTH. SOUTH AFRICA ADOPTED A DECIMAL COIN SYSTEM ON 14 FEBRUARY 1961 AND THE CURRENCY WAS CONVERTED TO DECIMAL EQUIVALENTS. THE POUND BECAME THE NEW MONETARY UNIT CALLED THE RAND.

THE LEGAL TENDER 22 CARAT GOLD KRUGERAND, WHICH CONTAINS EXACTLY 1-OUNCE TROY FINE GOLD, WAS THE BRAINCHILD OF THE SOUTH AFRICA CHAMBER OF MINES AND FIRST BECAME AVAILABLE TO THE PUBLIC IN 1967. THE CONCEPT OF THE KRUGERRAND WAS BASICALLY TO PROMOTE RSA GOLD INTERNATIONALLY. IN 1980, THE FRACTIONAL KRUGERRANDS (1/2 OZ, 1/4 OZ AND 1/10 OZ) WERE ADDED TO THE 10OZ MAKING THE KRUGERRAND MORE AFFORDABLE TO PEOPLE.

THE SOUTH AFRICA MINT PROUDLY SELLS THE LIMITED EDITION PROOF KRUGERRANDS WHICH ARE ENCAPSULATED AND ISSUED WITH A NUMBERERD CERTIFICATE OF AUTHENTICITY. 2011

THE MINTMARK 1 OZ KRUGERRAND IS A PSEICLA ISSUE OF WHICH ONLY 600 ARE MANUFACTURED.


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