Krugerrand

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Krugerrand

A coin minted in South Africa containing one troy ounce of gold. It is legal tender in South Africa but is not used. It is the first gold coin minted to be legal tender at the market value of one troy ounce of gold rather than for an amount indicated by the face value of the coin. It is one of the more frequently traded coins in the world. See also: Silver Krugerrand.

Krugerrand

A gold coin minted in South Africa.
References in periodicals archive ?
The firm also employs former Midway staff Pete Thompson, Corlen Krugerand Steven Pick who, alongside Mr Ashtiani, combine more than 40 years of experience in the video games industry.
Meanwhile, his henchmen set about a drugs for krugerand scandal which would bring down any government.
They are taking their money out of banks and putting into gold: Krugerands and ingots are fetching premiums.