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2011 GOLD SOUTH AFRICA KRUGERRAND CURRENCY DECIMALISATION 50TH ANNIVERSARY 1 OZ NGC PROOF 70 UC 600 MINTED

2011 GOLD SOUTH AFRICA KRUGERRAND CURRENCY DECIMALISATION 50TH ANNIVERSARY 1 OZ NGC PROOF 70 UC 600 MINTED
Quantity in stock 1 item(s) available
Price: $3,250.00
Country of Origin: South Africa

2011 GOLD SOUTH AFRICA KRUGERRAND CURRENCY DECIMALISATION 50TH ANNIVERSARY 1 OZ NGC PROOF 70 UC 600 MINTED COMES WITH COA #62 OBVERSE: BUST OF PAUL KRUGER FACING LEFT; LEGEND AROUND CENTER. REVERSE: SPRINGBOK WALKING RIGHT DIVIDES DATE. DIAMETER: 32.7 MM CONTAINS 33.93 GRAMS OF .917 FINE GOLD (1 OZ ACTUAL GOLD WEIGHT) MINTAGE: 600 THE YEAR 1961 HERALDED GREAT CHANGES FOR SOUTH AFRICA. THE REPUBLIC OF SOUTH AFRICA WAS PROCLAIMED AND THE COUNTRY CEASED TO BE A MEMBER OF THE BRITISH COMMONWEALTH. SOUTH AFRICA ADOPTED A DECIMAL COIN SYSTEM ON 14 FEBRUARY 1961 AND THE CURRENCY WAS CONVERTED TO DECIMAL EQUIVALENTS. THE POUND BECAME THE NEW MONETARY UNIT CALLED THE RAND. THE LEGAL TENDER 22 CARAT GOLD KRUGERAND, WHICH CONTAINS EXACTLY 1-OUNCE TROY FINE GOLD, WAS THE BRAINCHILD OF THE SOUTH AFRICA CHAMBER OF MINES AND FIRST BECAME AVAILABLE TO THE PUBLIC IN 1967. THE MINTMARK 1 OZ KRUGERRAND IS A PSEICLA ISSUE OF WHICH ONLY 600 WHERE MINTED