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The 1 and 2 Rand gold coins were minted by South Africa between 1961 and 1983, with a fineness of 91.7% and a gold weight of 7.322 grams. It features a portrait of Jan van Riebeeck on the obverse and a springbok on the reverse, designed by Coert Steynberg. After 1983, gold versions were replaced by silver, and the coin was succeeded by smaller Krugerrand versions. Affordable for collectors and investors, these gold coins offer a low premium above gold's spot price and remain a trusted hedge against inflation.
Obverse
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Depicts the coat of arms of Malawi, country name above and denomination below. REPUBLIC OF MALAWI |
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Reverse
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Depicts a springbok walking left, the inscription and dates above, and weight, purity and metal below. 50 YEARS INVESTMENT COIN 1961-2011 |
Edge |