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2 Ounce Krugerrand Piedfort

Issuer South African Mint
Year 2024
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Orientation Medal alignment ↑↑
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Obverse lettering SUID-AFRIKA · SOUTH AFRICA
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Mintage 2024
Additional information

The piedfort format — double the thickness of a standard planchet — has its origins in medieval French mint practice, where extra-thick strikes were produced as presentation pieces for officials verifying a new die. The Krugerrand itself was the world's first modern bullion coin when introduced in 1967, specifically engineered to make private gold ownership accessible by carrying no face value, allowing it to trade at spot. The 22-karat alloy, with its copper addition, was a deliberate durability choice that gives the series its distinctive color and resistance to handling marks.