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- Globally known: Classic since 1967
- Durable alloy: 916.67/1,000 fine
- Famous design: Kruger and springbok
- Globally knownOne of the most famous bullion coins, minted since 1967
- Durable alloyCopper makes it durable and reddish gold
- Famous designPresident Paul Kruger and South Africa's national animal
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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.
15.55 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 1/2 oz Gold Krugerrand 2016: A Timeless Classic for Protecting Your Wealth
The 1/2 oz Gold Krugerrand 2016 is one of the most well-known and widely distributed gold coins in the world. Produced by the renowned Rand Refinery in South Africa, this coin is a true classic and an indispensable part of any serious precious metals collection or investment portfolio.
- Special feature: The 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-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
With its impressive fine weight of 15.55 g, the 1/2 oz Gold Krugerrand 2016 is an excellent choice for investors seeking a solid and reliable way to protect their wealth. Thanks to its high fineness of 916.67/1,000 and its status as legal tender in South Africa, this coin possesses an intrinsic value that makes it a safe and stable investment option. In addition, the coin is exempt from VAT, making it especially attractive to investors.
A Piece of History in Your Hands
The 1/2 oz Gold Krugerrand 2016 bears the portrait of Paul Kruger, President of the South African Republic, on its obverse. Kruger, who was descended from German immigrants, held office from 1883 to 1902 and is a central figure in South African history. The reverse of the coin depicts South Africa's national animal, a Springbok antelope. This combination of historical significance and aesthetic appeal gives the coin a special charm and makes it a sought-after collector's item.
Gold: The Ultimate Inflation Hedge
Gold has been a proven store of value for over 6,000 years and has never dropped to a value of zero. It possesses intrinsic value and is recognized worldwide as currency. As a scarce commodity with limited supply, gold provides long-term value stability and offers protection against political and economic crises. It can serve as a medium of exchange in times of currency instability and retains its physical properties over time.
The 1/2 oz Gold Krugerrand 2016: A Safe and Rewarding Investment
The 1/2 oz Gold Krugerrand 2016 is more than just a coin - it is an investment in your financial future and a piece of history you can hold in your hands. With its high fineness, historical value and worldwide recognition, this coin is the perfect choice for anyone who wants to protect their wealth and see it grow over the long term. Invest in gold coins today and secure your share of this timeless and valuable precious metal.
Note: Please be aware that the value of investments can fluctuate and past performance is no guarantee of future results.
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