Posted 2 years ago
I thought I'd share my 1984 Krugerrand ring. It contains 1/10 oz of Gold. The Krugerrand from South Africa, first minted in 1967, was the first gold coin to contain precisely one ounce of fine gold and intended as created to provide a vehicle for the private ownership of gold. By bestowing legal tender status upon the coin, Krugerrands could be owned by citizens of the United States, who at that time were prohibited private ownership of bullion, but allowed ownership of foreign coins.