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 |
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Mass per coin Precious (gram) fineness per thousand |
metal
parts |
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GOLD |
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NATURA |
31,139 |
31,104 |
0,07 |
0,1 |
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1 oz fine gold |
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½ Natura |
15,569 |
15,552 |
0,035 |
0,1 |
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½ oz fine gold |
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¼ Natura |
7,786 |
7,776 |
0,02 |
0,1 |
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¼ oz fine gold |
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1/10 Natura |
3,115 |
3,110 |
0,01 |
0,1 |
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1/10 oz fine gold |
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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 |
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1 oz fine gold |
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1/10th Protea |
3,115 |
3,110 |
0,01 |
0,1 |
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1/10th oz fine gold |
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Two Rand |
7,786 |
7,776 |
0,02 |
0,1 |
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¼ oz fine gold |
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One Rand |
3,115 |
3,110 |
0,01 |
015 |
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1/10th oz fine gold |
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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 |
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½ oz fine gold |
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¼-Krugerrand |
8,493 |
8,483 |
0,02 |
0,4 |
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¼-oz fine gold |
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1/10th- Kruggerrand |
3,398 |
3,393 |
0,01 |
0,4 |
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1/10th oz fine gold |
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SILVER |
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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 |
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2 1/2c Tickey |
1,191 |
1,414 |
0,1 |
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5 |
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50c Silver |
76,402 |
76,252 |
0,3 |
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2oz sterling silver |
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5 |
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20c Silver |
33,726 |
33,626 |
0,2 |
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1 oz sterling silver |
16,863 |
16,813 |
0,1 |
5 |
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10c Silver |
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½ oz sterling silver |
8,456 |
8,406 |
0,1 |
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5 |
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5c Silver |
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¼ oz sterling silver |
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b) | Standard mass and least current mass of alloy coins |
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Remedy allowable |
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Denomination |
Standard mass (gram) |
Mass per coin (gram) |
Least current mass (gram) |
Metal composition |
Five rand |
7,0 |
+ 0,21 |
6,65 |
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Layered composition of nickel, copper, zinc and tin |
Two rand |
5,5 |
+0,165 |
5,225 |
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One rand |
4,0 |
+0,12 |
3,80 |
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Fifty cents |
5,0 |
+0,15 |
4,75 |
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Layered composition of copper, tin and steel |
Twenty cents |
3,5 |
+0,105 |
3,325 |
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Ten cents |
2,0 |
+0,06 |
1,9 |
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Five cents |
4,5 |
+0,135 |
4,274 |
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Layered composition of copper and steel |
Two cents |
3,0 |
+0,09 |
2,85 |
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One cent |
1,5 |
+0,045 |
1,425 |
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