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Central Metal Corp
PURITY .999
METAL SOLID SILVER
WEIGHT 1 GRAM
YEAR RELEASED 2010
MINTED BY CMC MINT
USA ONLY INFORMATION
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Featured item
The Krugerrand was introduced in 1967, as a vehicle for private ownership of gold. It was actually intended to circulate as . Therefore it was minted in a more durable gold alloy, unlike most other .
Despite the coin s legal tender status, economic sanctions against South Africa for its policy of
made the Krugerrand an illegal import in many Western countries during
the 1970s and 1980s. These sanctions ended when South Africa abandoned
apartheid in 1994.[]
By 1980 the Krugerrand accounted for 90% of the gold coin market. The success of the Krugerrand led to many other gold-producing nations minting their own bullion coins, such as the in 1979, the in 1981, the British in 1987 and the in 1986.
In 1980, three smaller coins were introduced, with a half ounce, quarter ounce, and tenth ounce of gold.[]
Through 2008, Krugerrand coins containing 46 million ounces of gold have been sold.-WikipediaYou are looking at a 1/10th ounce pure gold South African Krugerrand. Thank you for looking and Good Luck!