The is a plant coin from gold. In the German linguistic area the designation is usual in word and writing, although it reads in correct form Krugerrand.

It was designated after Paul Kruger and is formally a legal tender in South Africa, although it not when cash is meant and practically also not when such is used. Contrary to most coins the Krugerrand does not carry an impressed nominal value, of these instead determined at each working-day from official side in purchase for the market price of the gold content again. The front of the coin shows a Portrait of Paul Kruger and the signatures SUID AFRICA and SOUTH AFRICA, on the back is shown a Springbock Antilope, in divided way of writing is on the left and on the right of it the indication of the respective embossing yearly, in the top is the picture framed from the signature KRUGERRAND and down with FYNGOUD 1 OZ FINE GOLD. The fineness of these and pieces regarded coined/shaped since 1967 as first modern plant coins is generally 917/000 and the fine weight depending upon 1/1, 1/2, 1/4 or 1/10 ounce (oz tr). The higher rough weight arises as a result of the alloy with a portion copper for the increase of the scratching firmness, that is also the reason for the reddish-golden colour of the coin. The below an ounce are only manufactured since 1980. The has this very day the largest market share under in the meantime numerous different This is to be attributed above all to the fact that he has a very small surcharge on the Spotpreis specified at the precious metal stock exchanges with approximately 5% only. The switch course for an ounce was to at the beginning of of May 2006 with on the average 529, - "€ in the purchase and approx. 552, - "€ in the sales.

See also: Edge (currency),

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