Word: krugerrand
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Dates: during 1970-1979
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Faster than a speeding dollar. More powerful than a Krugerrand. Able to leap national boundaries with a single telex message. Look! In all the banks! It's a mark. It's a franc. No, it's supermoney...
...They think the country and the economy are going to pot," says Jeffrey Gushing, a Massachusetts gold dealer. Coins, including the 1-oz. South African Krugerrand and the new 1-oz. Canadian Maple Leaf, which went on sale in the U.S. this month, are the most popular buys...
...down." Even if there is no great plunge, the small investor especially can find himself paying more than he figured for his bullion. When buying or selling coins, for example, dealers commonly add a charge amounting to 5% or more of the market price. Thus someone who bought a Krugerrand when gold was at $380 last week would have to wait for the price to hit $420 before he could sell and get his money back...
Beckett is more than lucky in this revival at off-Broadway's Public Theater; he is blessed. Entrusting a play to Irene Worth is like investing in the Krugerrand. She is pure gold. Voskovec, in what amounts to a crawl-on part, is admirable. As for Andrei Serban, the ebullient Rumanian-born director-improvisationist, he has had the incredible tact not to tamper with the text. For which relief, much thanks...
...requiring the Treasury to begin selling its own one-ounce and half-ounce gold pieces next spring. The coins, with profiles of Louis Armstrong and Mark Twain, will not be legal tender in the U.S., and will presumably be no easier to swap for real money than the Krugerrand...