2 oz Gold Krugerrand 2020 Proof (Mintage: 400)
- Famous design: Kruger and Springbok
- True tradition: South Africa since 1967
- Elegant wooden box: on black velvet
- Famous designPaul Kruger and the Springbok, South Africa's national animal
- True traditionMinted by the renowned South African Mint in South Africa
- Elegant wooden boxWith South African Mint card in the lid
Price alert 
ShareKrugerrand · 2020 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 2020 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.
400
pieces in the edition
62.21 g fine gold · 916.67/1,000
· Proof · Case
Issuing country: South Africa. The South African Mint is a wholly owned subsidiary of the South African Reserve Bank.
2 oz Gold Krugerrand 2020 Proof - A Masterpiece in Gold
Special feature: Most popular gold bullion coin in the world
Investment goal: 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 South African Mint in South Africa.
Country of origin: South Africa since 1967
The 2 oz Gold Krugerrand 2020 Proof is an exquisite gold coin that is highly prized by collectors and investors around the world alike. With a limited mintage of only 400 pieces, this coin is a true treasure and an excellent addition to any collection or investment portfolio.
A Masterpiece in Gold
The 2 oz gold coin is a gold masterpiece with a fineness of 916.67/1,000. This means that over 91% of the coin consists of pure gold, while the rest is made up of copper. This combination gives the coin its unique reddish-gold color and makes it more durable than many other gold coins.
Exquisite Minting Quality "Proof"
The minting quality "Proof" is the highest minting quality a coin can achieve. It is the result of a special minting process in which the coin dies are polished multiple times and the coins are struck individually. This results in a coin with a mirror-like background and a design that stands out clearly from the background. The "Proof" quality is a sign of the highest craftsmanship and represents the exclusivity and high collector's value of this coin.
A Piece of History in Your Hands
The Gold Krugerrand is not just a gold coin, but also a piece of history. The coin was first minted in 1967 and is named after Paul Kruger, the former President of the South African Republic, and the South African currency unit, the Rand. The coin's design combines the history and culture of South Africa with the timeless value of gold. The obverse of the coin features the portrait of Paul Kruger, while the reverse shows South Africa's national animal, the springbok.
A Stable Store of Value
Gold has been a stable and proven store of value for over 6,000 years. It has never had a value of zero because it possesses intrinsic value and is recognized as currency worldwide. Furthermore, gold protects against loss of purchasing power and serves as a hedge against inflation and currency risks. With the 2 oz Gold Krugerrand Proof, you are investing in a product that has not lost its shine for thousands of years and protects you against economic uncertainties.
Conclusion
The 2 oz Gold Krugerrand 2020 Proof is an exquisite gold coin suitable for both collectors and investors. With its high fineness, exquisite "Proof" minting quality and limited mintage, it is a valuable addition to any collection and a stable store of value for your investment portfolio. Invest in gold, the world's oldest currency, and secure a piece of history with the 2 oz Gold Krugerrand 2020 Proof.
Product depiction may differ from the final product.
