Gold Krugerrand 1/10th oz 1981

Gold Krugerrand 1/10th oz 1981 (image 1/2)
Gold Krugerrand 1/10th oz 1981 (image 2/2)
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In mint condition, this coin is being offered at a starting price equal to the gold spot price of $1550/oz as of June 22nd, 2011, less 3%. This smaller coin is a perfect way to invest in gold in small increments. The Krugerrand is minted from gold alloy that is 91.67% pure (22 karats), so the coin contains one tenth troy ounce of gold. 8.33% of the coin's weight is copper (an alloy known historically as crown gold which has long been used for English gold sovereigns, which gives the Krugerrand a more orange appearance than silver-alloyed gold coins. Copper alloy coins are harder and more durable, so they can resist scratches and dents.The Krugerrand is so named because the obverse bears the face of Boer statesman Paul Kruger, four-term president of the old South African Republic. The reverse depicts a sprinbok, one of the national symbols of South Africa. The image was previously used on the reverse of the earlier South African five shilling coin. The name "South Africa" and the gold content are inscribed in both Afrikaans and English (as can be seen on the pictures of the coin).Returns accepted, your satisfaction guaranteed! Please contact me with any questions you might have.
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