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What makes the Gold Krugerrand Coin Pendant so popular? Well, just because it was in 2007 the beautiful South African Krugerrand gold coin marked its 40th anniversary, having been first minted in 1967 in order to provide a means for U.S. Backers to have gold privately. Aside from the vintage feel, these gold bullion coin pendants were made using 1 troy ounce of 91.67% pure gold (22K). There are more variations of the coin pendant having 14K composition but nonetheless, they are all exquisitely minted.