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1 Ounce Gold Krugerrand 2017

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  • True Tradition: minted since 1967
  • Striking Design: Kruger and springbok
  • Durable Gold: fineness 916.67/1,000
Item No.: 1170050
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Krugerrand · 2017 Issue

The leap that began in 1967.

Side with the springbok in mid-leap, KRUGERRAND above it and the year 2017 to the left and rightSide with the portrait of Paul Kruger and the legend SUID-AFRIKA SOUTH AFRICA

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

  1. 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.

  2. 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.

  3. 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.

  4. 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.

  5. 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.
22 carat
11/12 fine gold1/12 copper

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 2017 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 2017: A Jewel Among Bullion Coins

The 1 oz Gold Krugerrand 2017 represents the excellence and tradition of South African coin minting. Since 1967, this coin has been a symbol of stability and lasting value. It is not only one of the most popular bullion coins in the world, but also a powerful tool for investors seeking inflation hedging and crisis protection.

  • Special feature: The most popular gold bullion coin in the world
  • Investment objective: Inflation hedge, wealth 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 resistant to wear.
  • Manufacturer: The coin is produced by the renowned Rand Refinery in South Africa.
  • Country of origin: South Africa since 1967

Why the 1 oz Gold Krugerrand 2017?

The 1 oz Gold Krugerrand 2017 is an excellent choice for investors and collectors alike. It is a safe investment in times of economic uncertainty and offers both inflation hedging and crisis protection. With a diameter of 32.60 mm and a fine weight of 31.10 g, it is an impressive coin that should not be missing from any collection.

Gold is also God's money. It is the oldest currency in the world and has never had a value of zero, because it possesses intrinsic value. Gold protects you from the loss of purchasing power and can be traded worldwide and used as a medium of exchange. It is a scarce commodity with limited supply, which leads to long-term value stability.

The design of the 1 oz Gold Krugerrand 2017

The design of the 1 oz Gold Krugerrand 2017 is a piece of South African history. The obverse of the coin features the portrait of Paul Kruger, who was President of the South African Republic from 1883 to 1902. The reverse shows South Africa's national heraldic animal, a springbok antelope, a symbol of the country's natural beauty and diversity.

The quality of the 1 oz Gold Krugerrand 2017

The 1 oz Gold Krugerrand 2017 is produced at the renowned Rand Refinery in South Africa. It has a high degree of preservation and is in new condition. The coin is packaged in a coin capsule to protect it from scratches and damage. The high gold content and excellent craftsmanship make it a sought-after coin for investors and collectors.

Investing in Gold

Investing in gold is more than just a financial decision. It is an investment in the future, a protection against economic uncertainty and inflation. With the 1 oz Gold Krugerrand 2017, you are investing not only in a physical asset, but also in a piece of history. Whether as a gift for a loved one, as part of your retirement planning, or as part of your investment strategy - the 1 oz Gold Krugerrand 2017 is an investment you will not regret.

Conclusion

The 1 oz Gold Krugerrand 2017 is an excellent choice for anyone looking to invest in gold. It is a safe and reliable investment option that offers both inflation hedging and crisis protection. With its impressive design and high quality, it is a coin that should not be missing from any collection. Invest in the 1 oz Gold Krugerrand 2017 today and secure a piece of South African history for yourself.

Product depiction may differ from the final product.

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