Pre-Owned 2016 South African Krugerrand 1/4oz Proof Gold Coin
The 2016 South African Krugerrand 1/4oz Proof Gold Coin obverse shows a portrait of Paul Kruger, president of the South African Republic. The reverse shows a Springbok Antelope, one of South Africa's National symbols, and the year date. - Each coin weighs 8.48g and is 916.7 (22ct) Gold. - Minted by The South African Mint. - VAT free. - Dimensions: Diameter: 22.00mm Thickness: 1.88mm. - Struck to a Proof Finish. - Supplied in a presentation box with a certificate. **Other Information**First 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 are now one of the most recognised Gold coins among collectors and investors alike.After its conception at the end of the 60s, the Krugerrand was being minted at a rate of approximately 40,000 units per year; this continued to grow until 1978, when a record-breaking 6 million coins were produced.The photographs show the type of coin you will receive, not the exact item.