krugerrand|krugerrands in English

noun

pure gold coin weighing one ounce of the Republic of South Africa that was first issued in 1967

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1. By 1980 the Krugerrand accounted for 90% of the global gold coin market.

2. This may be observed in bullion coins such as the Canadian Gold Maple Leaf, the South African Krugerrand, the American Gold Eagle, or even the silver Maria Theresa thaler (Austria) and the Libertad (Mexico).