Bullion coins part 1: The Krugerrand
Gold has always been an alternative for investors. And since 1967, one can not only invest in bullion, but also in bullion coins. The South Africans ought to feel like the inventors of the gold bullion coin. They have been minting the Krugerrand since 1967.
Krugerrand – South Africa’s Best-known Export Article
On July 3, 1967 the South African Mint in Pretoria issued the first Krugerrand coins. A new concept was at the bottom of this: These coins could be used as circulation money; however, they did not bear a nominal value...