South African Krugerrand Gold Coin 1 oz

South African Krugerrand Gold Coin 1 oz

The 1 oz Krugerrand has a diameter of 32.77mm and a thickness of 2.84mm. It has a reeded edge and its gold content measures 31.103g. The coin's purity measures 22 carats (91.67%) which makes it highly valuable, far beyond its designated face value of 10 Rands.

Obverse

Bust of Paul Kruger left

Script: Latin

Lettering: SUID-AFRIKA * SOUTH AFRICA

Reverse

Springbok walking right divides date

Script: Latin

Lettering:
KRUGERRAND
19 74
CLS
FYNGOUD 1 OZ FINE GOLD

Engraver: Coert Steynberg

The obverse is unsigned (no engraver's initials) but it is adapted from the original design of Otto Schultz by Tommy Sasseen.
From 1977 the proof strike has fine reeding while the uncirculated coin has coarse reeding.
From 1982, the reverse was slightly changed, the description of 1oz fine gold, etc. is in a slightly different position and the ground under the springbok has been changed quite drastically.
Over the years, some coins have varied from the specifications with slight variations in diameter and thickness.
Gold Reef City mint strike (1987-1991) has GRC mintmark between YN of reverse legend and "ground".
30th anniversary issue (1997) has Privy mark to the right of Springbok above 97 of date.
Limited edition mintmark issues began with 'SS' in 1997 then continued from 2001 onwards with a different mintmark each year (beginning with 'CW' in 2001).