The obverse side has a picture of Paul Kruger, while the reverse side has a picture of a springbok antelope, one of South Africa's national symbols. The rand is the unit of South African currency, hence Kruger-rand. It is minted with no face value, but is legal tender in South Africa, taking on the current market value of spot gold.
Below the antelope image on the right side are the small initials CLS for Coert L. Steynberg, the South African artist who designed the image.
One of the unique features of the Krugerrand is that it is an alloy of only gold and copper, giving a darker, redder tone than other bullion coins, that are usually pure gold or are alloyed with silver in addition to copper. I happen to like the color, but it is purely a matter of personal taste.
One point that confuses some people new to gold investing is that 1 oz bullion coins contain a full ounce of gold despite being alloyed, so a 1 oz 22 karat Krugerrand contains the same amount of gold as a 1 oz 24 karat Maple. It actually weighs a little more than the Maple due to the copper content.
Specifications
Diameter 32.69mm
Thickness 2.74/2.84mm
Weight 33.931 g
Fineness Au 916.67/Cu 83.33
Gold 31.1035g
Reed edge 220
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