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- Globally known: minted since 1967
- Famous design: a piece of South Africa
- Reddish-gold shine: from copper content
- Globally knownThe world's first modern gold bullion coin
- Famous designPresident Paul Kruger and the springbok as national animal
- Reddish-gold shineThe copper also makes the coin more durable
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ShareKrugerrand · 2018 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 2018 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.
1 oz Gold Krugerrand 2018 - The World's Most Famous Gold Coin
The 1 oz Gold Krugerrand from the year 2018 is more than just a coin. As the world's most famous and first modern gold bullion coin, it is a symbol of stability and permanence. As an investment product, it is the perfect choice for investors seeking security and value retention.
- 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 1883-1902. 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 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 2018 is not only a classic investment for wealth protection, but also a piece of history. Since its first minting in 1967, it has secured its place in the world of gold coins and remains one of the most popular bullion coins worldwide to this day.
The 1 oz Gold Krugerrand 2018 - A Coin with History
The 1 oz Gold Krugerrand 2018 bears the portrait of former South African President Paul Kruger on its obverse. He was one of the most defining figures in South African history and remains a symbol of the country to this day. The reverse of the coin is adorned with the image of the springbok, South Africa's national animal. This design gives the coin a special character and makes it a sought-after collector's item.
The coin has a diameter of 32.60 mm and a fine weight of 31.10 g. It is made of gold with a fineness of 916.67/1,000 and is delivered in a coin capsule. The coin's condition is Brilliant Uncirculated (BU), meaning it was packaged directly after minting and has not been further handled. It is therefore in flawless condition and ideal for collectors and investors alike.
The 1 oz Gold Krugerrand 2018 - A Secure Investment
As a gold coin, the 1 oz Gold Krugerrand 2018 offers a secure and stable investment. Gold has been a proven store of value for over 6,000 years and has never reached a value of zero. It protects against loss of purchasing power and is the oldest currency in the world. Unlike other asset classes, gold is tradable worldwide and can be used as a medium of exchange. It has high liquidity and can easily be converted into cash. It also offers protection against political and economic crises. This makes the 1 oz Gold Krugerrand 2018 an excellent choice for investors seeking a secure and stable investment.
Conclusion
The 1 oz Gold Krugerrand 2018 is more than just a coin - it is a symbol of permanence and security. It offers a secure investment while also being a piece of history that should not be missing from any collection. With its high quality and unique design, it is an excellent choice not only for investors, but also for collectors.
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