The author of the straight was the artist Otto Schultz, while the reverse – on which stands an antelope called the “springbok”, one of the national symbols of south Africa – was modeled by the sculptor Coert Steynberg, and inspired by a previous coin five shillings used in the country.
This was, and is, the success of the krugerrand, the mint of south africa, with the passing of the years, has expanded the “pink” of the products connected to it coining other coins with similar subject and content of up to a half, a quarter and a tenth of an ounce, which have all received the appreciation of the public. In addition, the penetration of the krugerrand in a market dominated until the second half of the Sixties, from sterling, double american eagles, pieces from the 50 mexican pesos, and the like, has pushed other workshops monetary debut in the field of bullion, coin, for example, the canadian with the minting type Maple leaf and the australian coins series Nugget.
The krugerrand South Africa is the symbol of the long mining history of that nation: a history that began in 1873 with the alluvial deposits of Pilgrim's Rest, and from 1884 generate miners from all over the world in the Witwatersrand.
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