Kruggerand


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Kruggerand

A gold coin minted by the republic of South Africa that typically sells for slightly higher prices than the market value of the gold it contains.

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.
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References in periodicals archive ?
James Millman was suspended for one day (May 11) for careless riding on third-placed Mustajed, after the stewards deemed he made the manoeuvre which caused interference to the unplaced Kruggerand.
Willie Musson, trainer of Kruggerand, was another surprised by the number of defections, although he could not commit to a John Smith's Cup challenge as his charge runs at Newmarket today.
The drying ground might trouble Ofaraby; Say What You See is probably not at his best at present, which is arguably on the all-weather anyway; Kruggerand is untrustworthy and, despite the last-time all-weather win, Invader's current form is open to question.
All in all this is a tricky one to call, so it is best to stick with Kruggerand.
Michael Bell has his team ticking over nicely and Birdie (Michael Fenton) booked her ticket to Italy on Sunday when doing all she was asked in a spin with Kruggerand.
Birdie could head for the Listed Sodexho Harvest Stakes at Ascot on Friday or a similar engagement at San Siro on Sunday, and she moved well in her spin with Kruggerand as they finished alongside.
Rafferty has been raised 6lb for his success at Chester last time in which Kruggerand and Selective finished behind.
Made the well-regarded Kruggerand pull out all the stops on his debut at Warwick and every chance of improving on that effort in this company.
Kruggerand suggested he will soon be winning when working nicely with Pachara.
Pip Payne looks to have a decent juvenile in his Newmarket yard in the guise of Asheer, who landed the six-furlong maiden in determined fashion, and in the process denying 4-6 favourite Kruggerand.
On the drive back he boasted how he and McCulloch had made the weapons they used to kill their victims in the workshops at Carstairs, also saying they had forged passports and a stash of gold kruggerands.
Hatherly says investors can buy gold bullion - kruggerands, sovereigns or gold sold in jewellery shops - as a small part of a portfolio or they might invest in the M&G Basic Fund, a well-diversified fund including various commodities besides gold.