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- Rand Refinery: South Africa since 1967
- Noble design: Kruger and springbok
- Robust alloy: thanks to copper content
- Rand RefineryMinted by the renowned mint in South Africa
- Noble designPresident Paul Kruger on front, South Africa's national animal on back
- Robust alloyDurable with a typical reddish golden hue
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ShareKrugerrand · 2014 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 2014 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.
31.1 g fine gold · 916.67/1,000
· Brilliant uncirculated · Coin capsule
Issuing country: South Africa. The South African Mint is a wholly owned subsidiary of the South African Reserve Bank.
The 1 oz Gold Krugerrand 2014 – A Shining Symbol of Enduring Value
The 1 oz Gold Krugerrand 2014 is a shining embodiment of the millennia-old tradition of gold as a proven store of value. Minted by the renowned Rand Refinery in South Africa, this coin represents the durability and indestructibility of gold, which has served as a stable store of value for over 6,000 years.
Unique Features of the 1 oz Gold Krugerrand 2014
- Special feature: The world's most popular gold bullion coin
- Investment goal: inflation hedge, preservation of value 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 South Africa's official legal tender since 1961, the Rand
- 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-gold 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
The Importance of Gold as an Investment Product
Gold has a long history as gold coins and gold bars. It is not only the oldest currency in the world, but also the only one that has outlasted all other currencies. With its unique combination of physical durability and intrinsic value, gold holds a stable place in the global economy and serves as a reliable hedge against inflation and currency risks.
The 1 oz Gold Krugerrand 2014 as an Investment Product
The 1 oz Gold Krugerrand 2014 is an excellent investment product for investors seeking reliable protection against inflation and crises. Its high fineness of 916.67/1,000 and its weight of 1 ounce make it an attractive investment option. In addition, the coin is VAT-free and can easily be converted into cash, which increases its liquidity.
The Significance of the Design
The design of the 1 oz Gold Krugerrand 2014 is deeply interwoven with the history and culture of South Africa. The obverse of the coin 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, a symbol of the country's unique wildlife.
Conclusion
The 1 oz Gold Krugerrand 2014 is more than just a coin. It is a symbol of the durability and value of gold, which has served as a store of value for thousands of years. Whether as an investment, a collector's item, or a gift, this coin is a shining reminder of the significance of gold in our world.
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