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- Since 1967: the first bullion coin
- Durable alloy: gold with copper
- Springbok: South Africa's national animal
- Since 1967Minted by the renowned Rand Refinery in South Africa
- Durable alloyCopper protects against scratches and gives the reddish shine
- SpringbokPlus Paul Kruger, president from 1883 to 1902
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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.
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 2018: Invest in a Legend
The 1/4 oz Gold Krugerrand from 2018 is an investment in stability, beauty, and history. As part of the world's most famous and most widely traded gold coins series, this coin offers unparalleled value to both investors and collectors alike.
- Special feature: The world's most popular gold bullion coin
- Investment objective: Inflation hedge, wealth preservation, and crisis protection
- Design: The obverse features Paul Kruger, who served as President of the South African Republic from 1883-1902. The reverse depicts 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 resistant to wear.
- Manufacturer: The coin is produced by the renowned Rand Refinery in South Africa.
- Country of origin: South Africa since 1967
The Legend of the Krugerrand
Since its introduction in 1967, the Krugerrand has become one of the most well-known and sought-after gold coins in the world. It was the first gold coin produced specifically for investment purposes and remains to this day an integral part of every well-diversified precious metals portfolio.
"The Gold Krugerrand is more than just a gold coin. It is a symbol of stability, security, and prosperity. It represents the strength and durability of gold as an asset class and bears testament to the outstanding minting craftsmanship of the Rand Refinery."
Unique Design and Outstanding Quality
The 1/4 oz Gold Krugerrand 2018 impresses with its unique design and outstanding quality. The obverse of the coin features a portrait of Paul Kruger, the former President of the South African Republic. The reverse is adorned with the image of the springbok, South Africa's national animal. Both designs are surrounded by a finely dotted border, which lends the design additional depth and complexity.
The coin consists of 91.67% gold and 8.33% copper. This alloy makes the Krugerrand particularly resistant to scratches and wear, and gives it its characteristic reddish-gold color.
An Excellent Investment
The 1/4 oz Gold Krugerrand 2018 is an excellent investment for investors looking to diversify their portfolio and hedge against inflation and currency risks. As one of the smaller denominations, it offers high flexibility and portability and is a good choice for investors with a limited budget. It is also a convenient size for use as a medium of exchange in times of crisis.
The coin is delivered in a coin capsule and is in Brilliant Uncirculated (BU) condition. It has no face value stamped on it, as its value is based on the current gold price. It is tradable worldwide and is equally valued by investors and collectors alike.
Conclusion
The 1/4 oz Gold Krugerrand 2018 is an excellent choice for anyone looking to invest in gold. It offers all the benefits of gold - including inflation hedge, wealth preservation, and crisis protection - in a convenient and attractive form. Whether you are an experienced investor or a beginner, this coin is a valuable addition to your portfolio.
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