Krugerrand 1oz Gold Coin 1978
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Rand Refinery
Rand Refinery (Pty) Ltd, located in Germiston, South Africa, was founded in 1920 by the Chamber of Mines. It is the world’s largest integrated single-site precious metals refinery and smelter. The refinery processes raw gold to a minimum purity of 99.5%, used for bars or as material for Krugerrand coins. It plays a central role in the global gold market. Rand Refinery is one of only five LBMA Good Delivery Referees, guaranteeing top standards in quality, purity, and sourcing.
GPSR: Rand Refinery Limited
P.O. Box 565
1400 Germiston, South Africa
gold@gold.co.za
+27 (011) 418-9000
The Krugerrand was introduced in 1967 and has been one of the most successful gold bullion coin programs in the world. It is estimated that over 50 million ounces of Gold Krugerrands have been sold since its introduction.
Here we profile the 1978 issue, which was the largest mintage year at just over 6 million coins.
Product Highlights
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The front side depicts the profile of Paul Kruger, the former four term President of South Africa.
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The reverse side shows the South African Springbok Antelope, in its natural environment.
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Minted by the South African Mint, the Krugerrand contains 91.66% gold and 8.34% copper.
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Although the 1978 issue was minted in large quantities, early editions of the Krugerrand can be difficult to come by.
Product Details
Country of Origin: South Africa
Mint: South African Mint
Weight: 33.93 g
Gold Weight: 31.10348 g
Purity: 916.67/1000
Diameter: 32.69 mm
Year of Issue: 1978
Scratch Resistance: Good
| Metal | Gold |
| Form | Gold Coin |
| Country of Origin | South-Africa |
| Manufacturer | Rand Refinery |
| Series | Krugerrand |
| Purity | 917/1000 |
| Fineweight | 31.10 gram |
| Gross Weight | 33.93 gram |
| Denomination (oz) | 1 oz |
| Year of issue | 1978 |
| Grade | Brilliant |
| Condition | Circulated |
| Thickness | 2.75 mm |
| Diameter | 32.69 mm |
| Packaging | Single in Pouch |
| Packaging Unit | 10, 20 or 25 per Tube |