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- Trade flexibly: piece by piece
- Rand Refinery: South Africa since 1967
- Especially durable: thanks to copper content
- Trade flexiblyEach coin can be sold or traded individually
- Rand RefineryProduced by the renowned refinery in South Africa
- Especially durableCopper makes the coins durable and reddish gold
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ShareKrugerrand · 2020 Issue
The leap that began in 1967.
You are looking at the side with the springbok.
Gold for the hands of ordinary people.
In the late 1960s, around three quarters of the western world’s gold came from South Africa. The Chamber of Mines wanted ordinary people, too, to be able to own gold.
With the Krugerrand, a new kind of coin came into being for this purpose: exactly one ounce of fine gold, with no face value struck on it. Its value was meant to come directly from the gold it contains.
6,012,293
Krugerrand bullion coins were issued in 1978 alone, 187 tonnes of gold in all.
A leap through history
1886
Gold on the Witwatersrand
On the Witwatersrand, the ridge of white water, rich gold deposits are discovered. South Africa’s currency is also named after it: the rand.
1947
The springbok
The sculptor Coert Steynberg draws his springbok in 1946 and 1947. It first appears in 1947 on the 5-shilling coin marking the visit of the British royal family.
1967
The first Krugerrand
On 3 July, commissioned by the South African Reserve Bank and the Chamber of Mines, the South African Mint strikes the first Krugerrand.
1980
Smaller sizes
The half ounce, the quarter ounce and the tenth ounce are added so that smaller sums can also be invested in gold.
2017
Fifty years
For the anniversary, the first silver Krugerrand appears, along with the 1/20 and 1/50 ounce in gold. For these coins, the designers go back to the original wax models and designs.
The motif
The springbok and the president
- The springbok
- South Africa’s national animal in mid-leap. The springbok owes its name to its characteristic leaps. It was designed by the sculptor Coert Steynberg.
- The aloe
- The motif includes an Aloe claviflora, one of South Africa’s best-known aloes. It grows in the dry interior of the country, where the springbok is also at home.
- Fyngoud
- Below the springbok is the fine gold content, framed by FYNGOUD in Afrikaans and FINE GOLD in English. Fyngoud means fine gold.
- Paul Kruger
- The other side shows Paul Kruger in profile. In 1883 he became president of the South African Republic, also known as the Transvaal. The portrait was created by the die engraver Otto Schultz. According to the South African Mint, it goes back to the Kruger half-crown of 1892.
- The name
- Krugerrand combines the name Kruger with the rand, South Africa’s currency.
The alloy
Eleven parts gold, one part copper
The Krugerrand is made of 22-carat gold: eleven twelfths fine gold and one twelfth copper. The copper makes the coin harder and more resistant to scratches. It also gives the coin its warm, reddish sheen.
Every coin contains its full weight in fine gold, and the copper is added on top. That is why the one-ounce coin weighs 33.93 grams and yet contains exactly one ounce of fine gold.
The South African Mint produces the bullion coins together with the Rand Refinery. The refinery in Germiston was founded in 1920 so that South Africa’s gold no longer had to be shipped to London for refining. There, refined gold is cast into strips, rolled and punched into coin blanks.
The same leap since 1967.
This issue too.
By its 50th anniversary in 2017, more than 60 million Krugerrands had been sold. The 2020 issue is part of this story, and the story goes on, in your hand and perhaps one day in the hand of someone you pass it on to.
20 coins, each with 3.11 g of fine gold.
916.67/1,000 · Brilliant uncirculated
· Samtbeutel
Issuing country: South Africa. The South African Mint is a wholly owned subsidiary of the South African Reserve Bank.
20 x 1/10 oz Gold Krugerrand 2020: A Safe Haven in Turbulent Times
When it comes to the security of your assets, the Gold Krugerrand is an excellent choice. As one of the world's most popular bullion coins, the Krugerrand offers crisis protection, inflation hedge, and value preservation. This package contains 20 coins, each with 1/10 oz of gold, delivered in an elegant velvet pouch.
Special feature: The world's most popular gold bullion coin
Investment objective: Inflation hedge, value preservation and crisis protection
Design: The obverse depicts Paul Kruger, who was President of the South African Republic from 1883 to 1902. The reverse shows South Africa's national animal, the springbok.
Named after: Paul Kruger and the Rand, South Africa's legal tender since 1961
Material / fineness: The Krugerrand is made of gold with a fineness of 916.67/1,000. The remaining portion consists of copper, which gives the coin its characteristic reddish-golden color and makes it more durable.
Manufacturer: The coin is produced by the renowned Rand Refinery in South Africa.
Country of origin: South Africa since 1967
Gold: The World's Oldest Currency
For over 6,000 years, gold has served as a stable and proven store of value. It has never reached a value of zero and protects you against loss of purchasing power. Gold is tradable worldwide and can be used as a means of exchange. It is a scarce commodity with limited supply, which leads to long-term value stability.
The world's largest holders of gold are central banks, which shows that they no longer trust their own product, fiat money. Gold can serve as long-term retirement provision and pass on wealth from generation to generation. While fiat money is printed and controlled by central banks, the availability and supply of gold is limited, which contributes to the stability of its value.
The Krugerrand: A Symbol of Stability and Security
The Krugerrand is more than just a coin; it is a symbol of stability and security in uncertain times. Its small denomination makes it an ideal means of exchange in crisis situations. The coins can easily be taken along when traveling without drawing attention. They are packaged in an elegant velvet pouch that can be discreetly stowed in your luggage.
As a crisis protection product, Gold Krugerrand coins are particularly suitable for investors who want to protect their wealth in uncertain times. They are a safe haven in turbulent times and offer protection against inflation and currency risks.
Conclusion
Invest in the 20 x 1/10 oz Gold Krugerrand 2020 and benefit from the security and stability that this precious metal offers. Whether you want to secure your wealth for the future, protect yourself against inflation, or prepare for times of crisis - the Gold Krugerrand is always an excellent choice.
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