Specifications of gold rand coins Denomination The reverse of the gold rand coins features the well-known pronking springbok illustration designed by Coert Steynberg for the 5-shilling coin introduced in 1947. Both the pound and the rand gold coins matched the specifications of the British half-sovereign and sovereign (minted, among others, at the Pretoria branch mint until 1932), including the gold alloy ( crown gold) with a fineness of 22 carat (91.67%). In addition, two bullion coins with denominations of 1 rand and 2 rand were issued, replacing the gold half-pound and pound coins introduced in 1952. The previous South African farthing coin ( 1⁄ 4d) and half-a-crown ( 2 + 1⁄ 2s) were not continued in decimal currency. All except the 1⁄ 2 and 1 cent coins were in silver. The coins initially had the same size as the former South African coins. 2 1⁄ 2 cents (replaced 3d) - nicknamed Tickey, being the smallest in size coin.1⁄ 2 cent (approximately replaced 1⁄ 2d).
The initial circulation coins of the Republic were the following: The coins bore the forward-facing portrait of Jan van Riebeeck on the obverse. The rand replaced the pound with a decimal currency: 100 cents (100c) = 1 rand (R1), 1 rand being valued at 10 shillings and 1 cent at 1.2 pence. The rand was introduced in the then Union of South Africa on 14 February 1961, shortly before the establishment of the Republic on. 1 R and 2 R coin issued from 1961 to 1983
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