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- World famous: minted since 1967
- Famous design: springbok in motion
- Durable: thanks to copper content
- World famousValued by investors and collectors worldwide
- Famous designFeaturing President Paul Kruger and South Africa's national animal
- DurableCopper gives the reddish hue and adds extra durability
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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.
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 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.
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 2020: A Timeless Investment Product
Special feature: The world's most popular gold coin
Investment goal: 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 official currency 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 2020 is one of the most well-known bullion coins in the world. It is a product of the renowned South African mint Rand Refinery and is valued by investors and collectors alike. With a diameter of 32.60 mm and a fine weight of 31.10 g, it is an impressive piece of gold.
The Gold Coin with History
The 1 oz Gold Krugerrand 2020 bears the mint year 2020 and is therefore a timeless investment product. As part of the Krugerrand series, which has been minted since 1967, this coin looks back on a long and proud tradition. It is named after Paul Kruger, the former President of the South African Republic, whose portrait adorns the obverse of the coin. The reverse is dedicated to the springbok, South Africa's national animal.
A Stable Store of Value
Gold has proven itself as a stable store of value for over 6,000 years. It is the oldest currency in the world and has never reached a value of zero. Unlike fiat currencies, which are printed and controlled by central banks, the supply of gold is limited. This contributes to the stability of its value and makes it an attractive investment product.
The Advantages of Gold
Gold offers protection against loss of purchasing power and is recognized as currency worldwide. It is tradable and can be used as a medium of exchange. Gold has high liquidity and can easily be converted into cash. It offers protection against political and economic crises and contributes to portfolio diversification. In addition, gold is exempt from VAT and retains its luster even after millennia.
An Ideal Investment Product
The 1 oz Gold Krugerrand 2020 is an ideal investment product. It is more than just a coin - it is a fixed component of every portfolio and a safe choice for anyone who wants to invest in gold. With the 1 oz Gold Krugerrand 2020, you invest in a piece of history and in the future. You invest in a product that retains its value and has the potential to increase in value over time.
The 1 oz Gold Krugerrand 2020: A Timeless Investment Product
The 1 oz Gold Krugerrand 2020 is more than just a coin. It is a symbol of stability and permanence. It is a testament to the power of gold and to the wisdom of those who invest in gold. It is an investment product that should not be missing from any portfolio. Invest in the 1 oz Gold Krugerrand 2020 and invest in your future.
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