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These coins are priced above bullion value, although non-proof Krugerrands also have a premium above gold bullion value. They can be distinguished from the bullion Krugerrands by the number of serrations on the coin's edge. Proof coins have 220 edge serrations, while bullion coins have 160. [21]
The smaller silver coins of the German Empire were issued from 1873 at nominal values of 20 Pfennig and 1 Mark. 50 Pfennig coins were struck by the mints from 1875. As early as 1877 the 20 Pfennig silver coins were replaced by those made of cupro-nickel. From 1891 the design changed slightly as it did also on the higher denominations: now the ...
After the Union but before 1923, coins in circulation were mostly British, but the coins of Paul Kruger's South African Republic remained in circulation. 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).
An American silver coin dating back to the 17th century, before the United States was founded, has sold for a record-breaking $2.52 million at auction, eight years after it was discovered in an ...
Starting in 1967, however, they were gradually replaced by the Krugerrand coins, especially after the issue of the smaller Krugerrand denominations from 1/10 to 1/2 oz in 1980. The 1 rand coin was in silver and has the diameter of 32.7 mm and weighs 15 grams from 1967, but from 1970 to 1990, the 1 rand coins were smaller by 1.7 mm and it weighs ...
In 1898 Marks was allowed the extraordinary privilege of using the state mint for a day. Marks used the opportunity to strike 215 gold tickeys – three-penny pieces that were normally silver – as mementos for his relatives and friends, including President Kruger and members of the Volksraad. The gold would certainly have come from the Sheba ...
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