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South African Reserve Bank Act, 1989 (Act No. 90 of 1989)

Schedule 2

 

 

a) Standard mass and fineness of precious metal coins and commemorative coins

 

Demonination of coin

Standard mass(gram)

Least current mass(gram)

Standard fineness based on minimum mass

Remedy allowable

Mass per coin

Precious (gram)

fineness per thousand

metal

 

 

parts

GOLD

 

 

 

 

 

NATURA

31,139

31,104

0,07

0,1

 

1 oz fine gold

 

 

 

 

 

½ Natura

15,569

15,552

0,035

0,1

 

½ oz fine gold

 

 

 

 

 

¼ Natura

7,786

7,776

0,02

0,1

 

¼ oz fine gold

 

 

 

 

 

1/10 Natura

3,115

3,110

0,01

0,1

 

1/10 oz fine gold

 

 

 

 

 

COMMEMORATIVE

1 oz fine gold

31,139

31,104

999,9 parts elemental gold per thousand, balance trace elements

0,07

0,1

Protea

31,139

31,104

0,07

0,1

 

1 oz fine gold

 

 

 

 

 

1/10th Protea

3,115

3,110

0,01

0,1

 

1/10th oz fine gold

 

 

 

 

 

Two Rand

7,786

7,776

0,02

0,1

 

¼ oz fine gold

 

 

 

 

 

One Rand

3,115

3,110

0,01

015

 

1/10th oz fine gold

 

 

 

 

 

KRUGERRAND

1 oz fine gold

33,965

33,930

916,7 parts elemental gold per thousand, balance copper including trace elements

0,7

0,4

½-Krugerrand

16,983

16,965

0,035

0,4

 

½ oz fine gold

 

 

 

 

 

¼-Krugerrand

8,493

8,483

0,02

0,4

 

¼-oz fine gold

 

 

 

 

 

1/10th- Kruggerrand

3,398

3,393

0,01

0,4

 

1/10th oz fine gold

 

 

 

 

 

SILVER

 

 

 

 

 

Two rand

1 oz sterling silver

33,726

33,626

092,0 parts elemental silver per thousand, balance copper including trace elements

0,2

5

One rand

15,050

15,000

0,1

5

 

2 1/2c Tickey

1,191

1,414

0,1

 

 

 

 

 

 

5

 

50c Silver

76,402

76,252

0,3

 

 

2oz sterling silver

 

 

 

5

 

 

 

 

 

 

 

20c Silver

33,726

33,626

0,2

 

 

1 oz sterling silver

16,863

16,813

0,1

5

 

 

 

 

 

 

 

10c Silver

 

 

 

 

 

½ oz sterling silver

8,456

8,406

0,1

 

 

 

 

 

 

5

 

5c Silver

 

 

 

 

 

¼ oz sterling silver

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

b) Standard mass and least current mass of alloy coins

 

 

 

Remedy allowable

 

 

Denomination

Standard mass (gram)

Mass per coin (gram)

Least current mass (gram)

Metal composition

Five rand

7,0

+ 0,21

6,65

 

 

 

 

 

Layered composition of nickel, copper, zinc and tin

Two rand

5,5

+0,165

5,225

 

One rand

4,0

+0,12

3,80

 

Fifty cents

5,0

+0,15

4,75

 

 

 

 

 

Layered composition of copper, tin and steel

Twenty cents

3,5

+0,105

3,325

 

Ten cents

2,0

+0,06

1,9

 

Five cents

4,5

+0,135

4,274

 

 

 

 

 

Layered composition of copper and steel

Two cents

3,0

+0,09

2,85

 

One cent

1,5

+0,045

1,425

 

 


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