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Inflation hedge with the 1 oz gold Krugerrand 2016- Iconic design meets pure gold
- Free delivery of your gold treasure
- Symbol of stability: The 1 oz gold Krugerrand 2016, an inflation hedge and crisis-proof investment
- Unique design: High-quality gold coin with the iconic springbok design and historic presidential portrait
- Free shipping: Benefit from free delivery and secure your value-retaining gold piece
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ShareKrugerrand · 2016 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 2016 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 2016 - A Stable-Value Investment
The 1 oz Gold Krugerrand 2016 is more than just a gold coin. It is a symbol of stability, value retention and a proven means of inflation protection and crisis hedging. With its outstanding quality and timeless design, it is an absolute must-have for every precious metals investor and collector.
Facts worth knowing about the 1 oz Gold Krugerrand 2016
- 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-gold colour 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 1 oz Gold Krugerrand 2016 - A true classic among gold coins
Minted by the South African Rand Refinery, the Krugerrand is one of the best-known and most popular gold coins worldwide. Since its first minting in 1967, it has secured a firm place in the hearts of investors and collectors alike. Its popularity is due not least to its high quality and unique design.
Unique design and the highest quality
The 1 oz Gold Krugerrand 2016 impresses with its unique design. The obverse features a portrait of Paul Kruger, the former President of the South African Republic. The reverse is adorned with South Africa's national animal, the springbok. This design has remained unchanged since the very first year of issue, giving it a high level of recognisability.
But it is not only the design that is unique - the quality of the coin is also outstanding. With a fineness of 916.67/1,000 and a fine weight of 31.10 g, it is a stable-value investment. The coin has a diameter of 32.60 mm and is delivered in a matching coin capsule that protects it optimally.
A secure investment - gold as an investment
The 1 oz Gold Krugerrand 2016 is not only a beautiful coin, it is also a secure investment. Gold has proven itself as a stable store of value for thousands of years and offers protection against inflation and currency risks. Furthermore, gold is a scarce commodity with a limited supply, which leads to long-term value stability.
By purchasing the 1 oz Gold Krugerrand 2016, you are therefore investing not only in a gold coin, but also in a piece of security. You are acquiring a product whose value remains stable over time and which offers you protection even in times of crisis.
Conclusion
The 1 oz Gold Krugerrand 2016 is an excellent choice for anyone wishing to invest in gold. It impresses with its high quality, unique design and stable value. Whether as an investment, for wealth protection or as a collector's item - with the 1 oz Gold Krugerrand 2016 you are always making a good decision.
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