The 2013 1/4 oz Gold South African Krugerrand contains one-quarter troy ounce of fine gold. These widely-traded gold coins were originally minted to for general circulation in Africa. These bullion coin's are primarily traded based on their fine gold content. Being 22K gold makes the South African Krugerrand one of the most durable coins on the market.
Produced by the South African Mint in 1967, the Krugerrand was conceptualized for private ownership of gold. The 1/4 ounce size was first minted in 1980. Gold Krugerrand coins are one of the most widely-traded gold coins, with more than 46 million in circulation today.
The coin's obverse shows the likeness of Paul Kruger, from whom the Krugerrand coin got its name. The words "SUID-AFRIKA SOUTH AFRICA" appear around him. The reverse shows a Springbok, the national animal of Africa, leaping across the plains. The mint year is separated by the animal, with the coin's name around the top edge. The bottom edge displays the weight and fineness.