What are Krugerrands and important facts related to it?

Isabelledaza04 Jun, 2018Business

Krugerrands are South African gold coins which were first minted in 1967. The name of the coin is derived by combining Paul Krugers surname with the word �rand� which is South Africas national currency. The purpose of doing so was to help market South African gold. Though these coins have a legal tender notice status in South Africa, they cannot be used as a currency. Krugerrands are trademarked by Rand Refinery Limited. One can trade in these gold coins and for this; they need to check for Best prices for Krugerrands.

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