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- Globally known: treasured since 1967
- Famous design: springbok and Kruger
- Durable alloy: gold with copper
- Globally knownRecognized and traded all over the world
- Famous designShows South Africa's national animal and President Paul Kruger
- Durable alloyThe copper content makes the coin especially hard-wearing
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ShareKrugerrand · 2017 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 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.
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 2017: A Stable Store of Value with History
The 1/4 oz Gold Krugerrand 2017 is more than just a coin – it is a piece of history. Minted by the renowned Rand Refinery in South Africa, it has represented stability and reliability in times of economic uncertainty since 1967. As one of the world's most well-known and widely accepted gold coins, it is the ideal means of exchange and offers both crisis protection and an inflation hedge.
Product Details and Features
- The world's most popular gold bullion coin
- Investment objective: inflation hedge, wealth preservation, and crisis protection
- Design: Paul Kruger, who was President of the South African Republic from 1883 to 1902, and South Africa's national animal, the springbok
- Named after: Paul Kruger and the Rand, South Africa's legal tender since 1961
- Material / fineness: gold with a fineness of 916.67/1,000, supplemented with copper for extra durability
- Manufacturer: Rand Refinery
- Country of origin: South Africa, since 1967
A Fascinating Design with Historical Background
The design of the Krugerrand is unmistakable and closely tied to South Africa's history. The obverse features the portrait of South African President Paul Kruger, who led the country through a period of major political change. The reverse is adorned with the image of the springbok, South Africa's national animal, symbolizing grace and strength.
Gold: The World's Oldest Currency
When you invest in gold, you are investing in a currency that has outlived all others. Gold has been a stable store of value for over 6,000 years and has never had a value of zero – an achievement no fiat currency can claim. It is exempt from VAT, durable, and highly liquid, meaning it can easily be converted into cash. In addition, gold is a scarce commodity with limited supply, which leads to long-term value stability.
The Krugerrand: A Safe Investment for Uncertain Times
In a world full of economic uncertainties, the Krugerrand offers a secure investment option. As a globally tradable coin, it provides protection against political and economic crises and can be used as a means of exchange in times of currency instability. With the 1/4 oz Gold Krugerrand 2017, you are investing not only in gold but also in a piece of history.
Whether you are an experienced investor or a newcomer to the gold market, the 1/4 oz Gold Krugerrand 2017 is an excellent choice for your portfolio. With its combination of historical significance, worldwide acceptance, and solid gold value, it is an investment that will stand the test of time.
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