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- Known worldwide: Original since 1967
- Striking designs: Kruger and springbok
- Reddish gold tone: robust thanks to copper
- Known worldwideThe first coin ever traded by pure gold weight
- Striking designsPresident Paul Kruger and South Africa's national animal
- Reddish gold toneCopper gives it the typical colour and extra durability
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ShareKrugerrand · 2019 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 2019 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 2019 - A Classic Among Gold Coins
- Special feature: 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 1883-1902. 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 2019 is one of the most well-known and most purchased coins worldwide. It is a true heavyweight in the world of precious metals and an excellent choice if you want to invest in gold.
The Fascination of the Gold Krugerrand
The Gold Krugerrand coin has been minted by the South African Rand Refinery since 1967 and is the first gold coin to be traded based on its pure gold weight. The coin is named after Paul Kruger, the former President of the South African Republic, and the South African currency unit, the Rand. Since its introduction, it has become one of the most popular bullion coins worldwide.
The coin comes in a coin capsule and is in Brilliant Uncirculated condition. With a diameter of 32.60 mm and a fine weight of 31.10 g, it is an impressive piece. The coin has no face value, making it a pure investment product.
Investing in Gold - A Timeless Classic
Investing in gold is a proven method of protecting and growing your wealth. Gold is a stable store of value and has proven itself as such over thousands of years. It is the oldest currency in the world and has an intrinsic value that cannot be controlled or manipulated by any government or institution.
Gold offers protection against loss of purchasing power and is an excellent hedge against inflation and currency risks. It is tradable worldwide and can be used as a medium of exchange, making it a flexible and liquid form of investment.
The Gold Krugerrand as an Investment Product
The Gold Krugerrand is more than a coin - it is a symbol of stability and security. As an investment product, it offers a number of advantages. It is tax-free if the holding period is at least one year. This makes it particularly attractive for investors with a long-term investment horizon.
The Gold Krugerrand is a scarce commodity with a limited supply, which leads to long-term value stability. It has high liquidity and can easily be converted into cash. It also offers protection against political and economic crises and can serve as long-term retirement provision.
Conclusion
The 1 oz Gold Krugerrand 2019 is an excellent choice for investors who want to invest in gold. It is one of the most popular and most traded coins worldwide and offers a number of advantages as an investment product. With its long history and stable value, it is a safe haven in uncertain times and a timeless classic in the world of precious metals.
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