The South African Mint Company (Pty) Limited (SA MINT) is the official mint

Mint (coin)

A mint is an industrial facility which manufactures coins for currency.The history of mints correlates closely with the history of coins. One difference is that the history of the mint is usually closely tied to the political situation of an era...

 of the Republic of South Africa with its headquarters in Centurion

Centurion, Gauteng

Centurion is an area with 279,430 inhabitants in Gauteng Province of South Africa, located between Pretoria and Midrand . Formerly an independent municipality, with its own town council, it is now part of the City of Tshwane Metropolitan Municipality...

, Gauteng

Gauteng

Gauteng is one of the nine provinces of South Africa. It was formed from part of the old Transvaal Province after South Africa's first all-race elections on 27 April 1994...

 Province near Pretoria

Pretoria

Pretoria is a city located in the northern part of Gauteng Province, South Africa. It is one of the country's three capital cities, serving as the executive and de facto national capital; the others are Cape Town, the legislative capital, and Bloemfontein, the judicial capital.Pretoria is...

. SA MINT manufactures coins on behalf of the South African Reserve Bank

South African Reserve Bank

The South African Reserve Bank is the central bank of South Africa. It was established in 1921 after Parliament passed an act, the "Currency and Bank Act of 10 August 1920," as a direct result of the abnormal monetary and financial conditions which World War I had brought...

. The company is headed by A. M. Mvinjelwa, Managing Director.

Products

Most of the production is of Circulation coins and Commemorative coin

Commemorative coin

Commemorative coins are coins that were issued to commemorate some particular event or issue. Most world commemorative coins were issued from the 1960s onward, although there are numerous examples of commemorative coins of earlier date. Such coins have a distinct design with reference to the...

s. Among them are:

• South African rand coins
• Bronze plated steel
• Nickel-plated bronzes
• Sterling silver
  Sterling silver
  Sterling silver is an alloy of silver containing 92.5% by mass of silver and 7.5% by mass of other metals, usually copper. The sterling silver standard has a minimum millesimal fineness of 925....
  
   (925Ag), e.g. EWT Medallions / Sterling Silver Crown
• 22 ct Gold
• 24 ct Gold (999.9Au)

The world-famous Krugerrand

Krugerrand

The Krugerrand is a South African gold coin, first minted in 1967 to help market South African gold. The coin, produced by the South African Mint, proved popular and by 1980 the Krugerrand accounted for 90% of the gold coin market. The name itself is a compound of Kruger and rand, the South...

gold coin has been minted here since 1967. From 1996, the Mint has operated a retail outlet and museum at Centurion, Gauteng.

External links

• www.samint.co.za