The South African Krugerrand is a gold coin first minted in 1967, designed to promote South African gold. It contains one ounce of pure gold, along with a small amount of copper to enhance its durability. The coin features the profile of Paul Kruger, a former president of the South African Republic, on one side, and a springbok antelope on the other. The Krugerrand was the first gold coin to be mass-produced and is recognized worldwide. It has become a popular choice for investors and collectors due to its gold content and historical significance, making it a symbol of South Africa's gold industry.