In 1967, the government of South Africa minted the gold krugerrand to increase the marketing of South African goldlthough the krugerrand is considered as legal currency in South Africa, it is rarely used for that purposenstead, it has become a favorite of coin collectors all over the world, known as "medal coins." This was the first coin to be valued at the economic value of gold, or the current rate of gold pricesor example, a Uilver dollar is worth exactly one dollar unless it is unusual in some way that makes it more valuable to collectorshe krugerrand was originally a one-ounce piece of 22 carat gold with no economic value imprinted on it; its value is based upon the market gold expense that usually fluctuatesoday krugerrands are made in a variety of weights, including half-ounce, quarter-ounce and one-tenth ounceoin dealers and collectors often obtain krugerrands through estate saleshe expense that the dealer or collector will pay depends upon t ... [Read More - Wow Gold Ige Review]
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