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krugerrand : ウィキペディア英語版
krugerrand

''For the Ian McNabb album, see Krugerrands.''
The Krugerrand (; or 〔(【引用サイトリンク】url=http://dictionary.reference.com/browse/krugerrand )〕) is a South African gold coin, first minted in 1967 to help market South African gold and produced by the South African Mint. By 1980 the Krugerrand accounted for 90% of the global gold coin market. The name itself is a compound of "Kruger" (the man depicted on the obverse) and "rand", the South African unit of currency. During the 1970s and 1980s some Western countries forbade import of the Krugerrand because of its association with the apartheid government of South Africa. The Krugerrand today is a popular coin among collectors.
Production levels of Krugerrands have significantly varied during the last 50 years. From 1967–1969, around 40,000 coins were minted each year. In 1970, the amount rose to over 200,000 coins. Over one million coins were produced in 1974 and in 1978 a total of six million Krugerrands were produced.
Following the end of apartheid the production dropped to 23,277 coins in 1998 and since then levels have increased again, albeit not reaching pre-international sanction levels.
==History==
The Krugerrand was introduced in 1967 as a vehicle for private ownership of gold. Unusual for bullion coins, the Krugerrand was given the status of legal tender or currency. To this end, it was minted in a more durable copper-gold alloy. Despite the coin's legal tender status, economic sanctions against South Africa for its policy of apartheid made the Krugerrand an illegal import in many Western countries during the 1970s and 1980s. These sanctions ended when South Africa abandoned apartheid in 1994.
By 1980 the Krugerrand accounted for 90% of the global gold coin market. That year South Africa introduced three smaller coins with a half ounce, quarter ounce, and tenth ounce of gold.
Krugerrand coins containing 46 million ounces of gold have been sold.

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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