1 Ounce Gold Krugerrand 2008 PP (Proof | Mintage: 1,500)
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- Mirror Finish: hand-polished dies
- Timeless Design: Kruger and Springbok
- Rand Refinery: tradition since 1967
- Mirror FinishReflective surface with exceptionally fine details
- Timeless DesignPortrait of Paul Kruger and the national animal Springbok
- Rand RefineryProduced by a renowned refinery in South Africa
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ShareKrugerrand · 2008 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.
Proof
Placed by hand
The proof finish has accompanied the Krugerrand since the very first year of issue: in 1967, 10,000 gold Krugerrands were made in this quality.
For the 2017 anniversary, the South African Mint described its process as follows: the coins are placed by hand and struck several times at lower pressure, so that every detail is transferred flawlessly.
Each coin is then packed by hand and protected in a capsule, so that it stays just as it left the press.
The same leap since 1967.
This issue too.
By its 50th anniversary in 2017, more than 60 million Krugerrands had been sold. The 2008 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
· Proof · Coin capsule
Issuing country: South Africa. The South African Mint is a wholly owned subsidiary of the South African Reserve Bank.
1 oz Gold Krugerrand 2008 Proof: A gem for collectors and investors
- Strictly limited: Very low mintage of only 1,500 pieces worldwide
- Growth opportunities: Very high value appreciation potential due to strict limitation and high demand
- Rare collector's coin / rarity
- Special feature: The most popular gold bullion coin in the world
- Investment objective: Inflation hedge, wealth preservation and crisis protection
- Design: The obverse features Paul Kruger, who was President of the South African Republic from 1883-1902. 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
The 1 oz Gold Krugerrand 2008 Proof is a true rarity among gold coins. With a strict limitation and a mintage of only 1,500 pieces, this collector's coin offers enormous value appreciation potential. The Krugerrand is not only the most popular gold bullion coin in the world, but also one of the most well-known among collectors and investors.
The special charm of this coin lies in its history and unique design. The obverse shows the portrait of Paul Kruger, President of the South African Republic from 1883 to 1902, while the reverse presents South Africa's national animal, the springbok.
The coin 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. The fine weight is 31.10 g and the diameter is 32.60 mm.
The minting quality: Proof
The "Proof" minting quality is the highest possible minting quality and is only used for special collector's coins. The coin dies are hand-polished and the coin blanks are struck using special felt dies. This results in an especially high level of detail and a mirror-like surface. This makes the coin a true eye-catcher and further increases its value appreciation potential.
Gold: The ultimate store of value
Gold has been a proven store of value for over 6,000 years and is the oldest currency in the world. It has never had a value of zero and protects against loss of purchasing power. Gold is tradable worldwide, has an intrinsic value and offers protection against political and economic crises. It is a scarce commodity with limited supply, which leads to long-term value stability. With gold, you can pass on wealth from generation to generation, and it serves as a store of value when trust in fiat currency fluctuates or declines.
The 1 oz Gold Krugerrand 2008 Proof is therefore not only an excellent choice for collectors, but also a safe and stable investment for investors. Take the opportunity and secure this limited collector's item today!
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