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- Globally recognized: a true classic
- Famous design: Springbok and Kruger
- Reddish gold tone: thanks to copper content
- Globally recognizedRecognized worldwide since 1967 and easy to trade
- Famous designPresident Paul Kruger and South Africa's national animal, the Springbok
- Reddish gold toneCopper gives the color and makes the coin more robust
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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.
7.78 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.
1/4 oz Gold Krugerrand 2016 - A Timeless Investment in the Future
The 1/4 oz Gold Krugerrand coin from 2016 is more than just a piece of gold. It is a symbol of stability, security and financial independence. It is an expression of your appreciation for quality and permanence. And it is a clear statement of your conviction that gold is the oldest and safest currency in the world.
- Special feature: World's most popular gold bullion coin
- Investment goal: 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 colour and makes it more resistant.
- Manufacturer: The coin is produced by the renowned Rand Refinery in South Africa.
- Country of origin: South Africa since 1967
Why you should choose the 1/4 oz Gold Krugerrand 2016
The 1/4 oz Gold Krugerrand coin is one of the world's best-known and most widely traded gold coins. Its popularity is due not only to its appealing design and high material quality, but also to its long history dating back to 1967.
As an investment product, the 1/4 oz Gold Krugerrand 2016 offers numerous advantages. For example, it is exempt from VAT, which makes it particularly attractive to investors. In addition, thanks to its high fineness and renowned manufacturer, the Rand Refinery, it is recognised worldwide and easy to trade.
A safe investment in uncertain times
Gold has proven itself as a safe investment for thousands of years. It offers protection against inflation and currency risks and has an intrinsic value that is recognised worldwide. Especially in uncertain times, such as we are currently experiencing, gold proves to be a stable and reliable store of value. With the 1/4 oz Gold Krugerrand 2016, you are investing in a product that combines these properties in an ideal way.
The 1/4 oz Gold Krugerrand 2016 - A perfect gift
But the 1/4 oz Gold Krugerrand 2016 is not only an excellent investment, it is also a perfect gift. Whether for a birth, a confirmation or a wedding - a gold coin is a gift of lasting value. It stands for permanence and appreciation and is a sign that you have given it some thought. With a gold coin, you are not just giving a piece of gold, but also a piece of security for the future.
Conclusion: An investment worth making
The 1/4 oz Gold Krugerrand 2016 is an investment worth making. It combines the benefits of a secure financial investment with the advantages of an appealing and value-retaining gift. It is a clear statement of quality and permanence. And it is an expression of your conviction that gold is the oldest and safest currency in the world.
Invest in the future. Invest in the 1/4 oz Gold Krugerrand 2016.
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