Gold Ounce 2018 Nelson Mandela Centenary, Coin from South Africa - detailed information

South Africa pioneered modern bullion coinage when it first issued the Krugerrand on 3 July 1967 to help market South African gold; it is the first modern bullion coin and is still issued today.

Gradually, the South African Mint started diversifying the range, first by issuing fractional Krugerrands, then by introducing different designs to the gold one-ounce (1 oz) format. These include the Protea series, the Natura series, as well as one-year types that do not fall into a particular series. The Kruggerands retained their specifications (22-carat gold) while other coins issued after 1994 are 99.99% gold; just as the Krugerrand though, they contain exactly one ounce of pure gold or 1oz Absolute Gold Weight (1.000 oz AGW).

This coin was issued as part of the 2018 Celebrating South Africa coin series, which celebrates milestones and symbols of South Africa’s freedom, democracy and culture. The first coin series in this theme was the 2017 OR Tambo Centenary range.

2018 marks the centenary since the birth of Nelson Mandela; the coins look back at the remarkable stages of Mandela’s life, and his struggle for justice, human rights, and a free and democratic South Africa.

Note that there are also Nelson Mandela coins in the 2018 Protea coin series.