Krugerrand

High school (ages 12+)
Mathematics & Numbers

Name:

Date:

Step 1 · Read the article

Open the article and read it at the level above. Then answer the questions below in your own words.

https://smallwhale.org/articles/krugerrand

Write what each word means, using the article.

Do not copy the article. Write two things you learned, the way you would explain them to a friend.

Answers below are taken from the article’s stored facts, so they match what the student read.

1. What is the first minted?July 3, 1967
2. What is the primary purpose?To market South African gold internationally
3. When was the first Krugerrand made?The first Krugerrand was minted on July 3, 1967 by the Rand Refinery and the South African Mint.
4. Why does a Krugerrand not have a face value?Its value comes from the gold inside, not a number on it. It is legal tender because of its gold content.

Bullion Coin: A coin made of precious metal valued primarily for its metal content rather than its face value.
Apartheid: A system of institutionalized racial segregation and discrimination enforced in South Africa from 1948 to 1994.
Obverse: The front side of a coin, typically bearing the main design or portrait.
Reverse: The back side of a coin, usually featuring a secondary design or emblem.