Krugerrand

American  

[kroo-guh-rand, -rahnd] / ˈkru gəˌrænd, -ˌrɑnd /

noun

1. (sometimes lowercase)  a one-ounce gold coin of the Republic of South Africa, equal to 25 rand: first issued in 1967.

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Krugerrand British  

/ ˈkruːɡəˌrænd /

noun

1. a South African coin used for investment only and containing 1 troy ounce of gold

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Etymology

Origin of Krugerrand

Kruger + rand ²

Example Sentences

There is the mental illness of Nadia’s mother, Nora, played by Chloë Sevigny; the Krugerrand Nadia wears on a chain around her neck, the last remnant of a family legacy and a symbol of loss; and the fact that her grandmother is a Holocaust survivor.

From Los Angeles Times

The gold was supposed to be for Nadia's college fund, but the one around Nadia's neck is the only Krugerrand left.

From Salon

But I recall marching to compel U.S. institutions and businesses to divest from South Africa only to see legendary poet Nikki Giovanni refuse to join other artists in declining to entertain the brutal apartheid regime and sporting a South African Krugerrand on her watchband.

From Washington Post

In another discovery, in Milton Keynes, a town northwest of London, gardeners found 50 solid gold South African Krugerrand coins that were minted in the 1970s during apartheid.

From New York Times

The 1oz Krugerrand coins were minted in the 1970s, according to a PAS report.

From BBC