Krugerrand 6 Gold Coins Prestige Set 2020 Proof (Mintage: 600)
- History: oldest bullion coin
- Striking Designs: Kruger and Springbok
- All Sizes: from 1/50 to 1 ounce
- HistoryMinted in South Africa since 1967
- Striking DesignsPaul Kruger on the obverse, with the Springbok
- All SizesFrom 1/50 to 1 ounce, protected in an elegant case
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ShareKrugerrand · 6-coin set · 2020 Issue6-coin set · 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.
600
pieces in the edition
A set of 6 coins, one each of 1, 1/2, 1/4, 1/10, 1/20 and 1/50 ounce.
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.
The Krugerrand 6 Gold Coins Prestige Set 2020 Proof: A Sparkling Treasure for Collectors and Investors
Most popular gold bullion coin in the world
Inflation hedge, value preservation and crisis protection
Historic and symbolic design
Named after Paul Kruger and the South African currency Rand
Gold with a fineness of 916.67/1,000
Country of origin: South Africa since 1967
An exclusive collector's item from the heart of South Africa
It is more than just gold - it is a piece of history, captured in shining gold. The Krugerrand Prestige Set Proof is an absolute highlight for every collector and investor of gold coins. With a strict limitation to only 600 pieces worldwide, this set is a true treasure that should not be missing from any collection.
1 x 1/50 oz Gold Krugerrand Proof 2020
1 x 1/20 oz Gold Krugerrand Proof 2020
1 x 1/10 oz Gold Krugerrand Proof 2020
1 x 1/4 oz Gold Krugerrand Proof 2020
1 x 1/2 oz Gold Krugerrand Proof 2020
1 x 1 oz Gold Krugerrand Proof 2020
The fascination of the Krugerrand
The Gold Krugerrand is the first and therefore oldest bullion coin in the world. It has been minted in South Africa since 1967 and has lost none of its appeal since then. The obverse of the coin features Paul Kruger, the former president of the South African Republic. The reverse is adorned with South Africa's national animal, the springbok. Both designs underline the national character of this coin.
Gold - a timeless value
The coins in this set are made of gold with a fineness of 916.67/1,000. The remaining portion consists of copper, which gives the coin its characteristic reddish colour and makes it more resistant. Gold has always held a special status. It is the oldest currency in the world and has never had a value of zero. It protects against loss of purchasing power and serves as a hedge against inflation and currency risks. In addition, gold can be traded worldwide and used as a medium of exchange. This makes this set not only a sought-after collector's item but also a solid investment.
The minting quality: Proof
The Krugerrand 6 Gold Coins Prestige Set stands out for its highest minting quality. The coins are minted in "Proof" quality. This minting quality is the highest level of coin minting and is characterised by a particularly fine and detailed strike. The design appears highly polished against a matte background, creating a strong contrast and an impressive visual effect.
The contents of the set
The set contains six different Krugerrand gold coins from the 2020 minting year. Each coin is minted in the highest minting quality "Proof". The coins are packaged in a high-quality case that optimally protects the coins while allowing for a stylish presentation.
Conclusion
The Krugerrand 6 Gold Coins Prestige Set 2020 Proof is a unique combination of history, quality and exclusivity. It offers collectors and investors the chance to own a piece of South African history while investing in a solid investment product. With its strictly limited mintage, this set is a true treasure that should not be missing from any collection.
Product depiction may differ from the final product.
