South Africa 1967 krugerrand
This specimen was lot 74611 in Stack's Bowers Collector's Choice sale (Costa Mesa, CA, February 2023), where it sold for $2,640. The catalog description[1] noted, "SOUTH AFRICA. Krugerrand, 1967. NGC PROOF-66. A handsome Gem example, displaying a robust and reflective luster and sharp details throughout. A most appealing and pleasing specimen." South Africa, after a turbulent history between English and Dutch settlers and the native population, was constituted the Union of South Africa in 1910. Coinage commenced in 1923. The krugerrand was introduced in 1967 as a one ounce gold bullion coin and was very popular around the world despite bearing the effigy of Paul Kruger, the chief exponent of apartheid. The white supremacist regime was ousted in 1989 but, amazingly enough, the krugerrand remains in production, tho in much reduced numbers. As competition for it, the South African government also marketed the Natura series, featuring various animals native to the region.
Recorded mintage: 40,000 plus 10,000 proofs.
Specification: 33.93 g, 0.917 fine gold, 32.7 mm diameter, 1.000 troy oz AGW.
Catalog reference: KM-73; Fr-B1.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
- Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
- Hern, Brian, John Bothma and Hercie Pieterse, Hern's Handbook on South African Coins & Patterns, Ferndale, South Africa, 2013.
- [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, February 2023 World Collectors Choice Online Auction, featuring the David Sterling Collection, Costa Mesa, CA: Stack's Bowers Galleries, Inc., 2023.
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