South African 2 Rand, .2354 Troy Oz. Actual Gold Weight

Description

South African 2 Rand Gold Coin – .2354 Troy Oz Actual Gold Weight

The South African 2 Rand gold coin is a small yet significant piece of numismatic history. Originally minted between 1961 and 1980, this coin is an excellent choice for both collectors and investors seeking to add fractional gold to their portfolios. With its .2354 troy ounces of actual gold weight (AGW), the 2 Rand gold coin offers an affordable entry point into gold investing while also carrying historical value.

Coin Highlights:

• Weight and Purity: Contains .2354 troy ounces (7.32 grams) of actual gold weight, with a gold purity of 22 karats (91.67% pure).
• Quality / Type: Circulated (may show signs of wear consistent with age).
• Design: The obverse features the bust of Jan van Riebeeck, the Dutch colonial administrator who founded Cape Town. The reverse displays the iconic springbok antelope, symbolizing South Africa’s rich wildlife heritage.
• Mint: South African Mint, renowned for producing high-quality gold coins, including the famous Krugerrand.
• Legal Tender: With a face value of 2 Rand (R2), this coin was legal tender in South Africa, though its intrinsic value is determined by its gold content and historical significance.
• Historical Significance: The 2 Rand gold coin was issued as a precursor to the Krugerrand, making it a valuable piece of South Africa’s numismatic history.
• Investment-Grade: The South African 2 Rand gold coin offers both collectible and investment value, providing a solid option for those looking to diversify their gold holdings with fractional coins.
• Year: The year of minting is randomly selected based on limited inventory.

Design

Obverse

The obverse of the South African 2 Rand gold coin features a portrait of Jan van Riebeeck, the founder of Cape Town, surrounded by the inscription “SUID-AFRIKA – SOUTH AFRICA,” emphasizing the coin’s origin.

Reverse

The reverse side showcases the springbok antelope, a symbol of South Africa’s natural beauty and national pride. The springbok is depicted in mid-leap, with the coin’s denomination “2 R” and the year of minting inscribed.