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Initially the coinage bore the portrait of Van Riebeeck, and later the State Presidents of South Africa (except F.W. de Klerk) or the South African coat of arms. The country name was given in Afrikaans, English or both. The 1 ⁄ 2 cent coin was discontinued in the 1970s in circulation, but struck in Proof only until 1983.
In 1923, South Africa began to issue its own coins, adopting coins that were identical in size and value to those used in Great Britain: 12 pence (12d) = 1 shilling (1s), and 20s = 1 pound (£1). On 14 February 1961, the Union of South Africa adopted a decimal currency , replacing the pound with the Rand .
The Krugerrand (/ ˈ k r uː ɡ ə r æ n d /; [1] Afrikaans: [ˈkry.ərˌrant]) is a South African coin, first minted on 3 July 1967 to help market South African gold and produced by Rand Refinery and the South African Mint. [2] [3] The name is a compound of Paul Kruger, the former President of the South African Republic (depicted on the ...
The South African Mint is responsible for minting all coins of the South African rand on behalf of its owner, the South African Reserve Bank. Located in Centurion, Gauteng near South Africa's administrative capital Pretoria , the mint manufactures coins and planchets for both domestic and international markets.
The South African Reserve Bank printed its first run of £1 (equivalent to £68.97 in 2023) notes in 1922. The Union of South Africa issued coins from 1923, in denominations of 1 ⁄ 4 d, 1 ⁄ 2 d, 1d, 3d and 6d, 1/–, 2/– (initially denominated as a florin), 2/6, £ 1 ⁄ 2 and £1.
Randlords (Afrikaans: randhere) were the capitalists who controlled the diamond and gold mining industries in South Africa from the 1870s up to World War I.. A small number of European financiers, largely of the same generation, gained control of the diamond mining industry at Kimberley, Northern Cape.
Emigh-Winchell Hardware Company: 1920s. Santa Claus is front and center in this display within a window display circa 1920s that's all about toy trucks, cars and bikes.
The South African Reserve Bank shredded 3.6 million 100-rand banknotes printed by Crane Currency because they had the same serial numbers as a batch printed by the South African Bank Note Company. In addition, the notes printed in Sweden were not the correct colour and were 1mm short.