Timeline of Gold Discovery to the Krugerrand
1886 Gold is Discovered Shortly after the discovery of gold in Johannesburg, President Kruger decides the country needs to start producing its own coins. In 1890, a concession is granted by the Volksraad of the Zuid Afrikaansche Republiek (ZAR) to establish the National Bank, which includes permission to operate a State Mint. 1892 The First…