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South African Gold 1 RAND Gold Coin (CIR)

First minted in 1961 by the South African Mint and Rand Refinery, the South African 1 RAND gold coin with matte finishing were mostly produced for export. A large number of these coins have been smelted and specimens are becoming rare. Made primarily from gold sourced within Africa, the gold coin features the likeness of Jan van Riebeeck, a dutch navigator, ambassdor and colonial administrator for the East India Company, considered by many to be a pivotal figure in South Africa's history, on its obverse, and the graceful springbok antelope on its reverse.

Key Highlights:

*These coins were struck between 1961 and 1983, dimensions may vary slightly amongst the coins and the coin is almost similar to the British Half Sovereign Gold Coin.

• Minted by The Rand Refinery (South Africa)
• Contains 3.99 Grams of .916 Gold
• Various Condition
• 1 South African RAND
• Obverse: Jan van Riebeeck
• Reverse: Springbok Antelope
• STRICTLY FOR RETAIL SALE ONLY
• GROSS MARGIN SCHEME (GMS)

Specifications:

• Reeded Edge
• Mint - NIL
• 19.50 mm Diameter
• 1.09 mm Thickness

 

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Pricing Details:

Points computation: 1 coin = 0.30 points

Tier	Points required	Price	Price/Gram	Price/oz	Percentage Over Spot (ASK PRICE)	Buy/Sell Spread
1	-	582.01 SGD	145.87 SGD	4,949.25 SGD	13.17%	11.95%

Tier	1
Points required	-
Price	582.01 SGD
Price/Gram	145.87 SGD
Price/oz	4,949.25 SGD
Percentage Over Spot (ASK PRICE)	13.17%
Buy/Sell Spread	11.95%