1/2 oz Gold Krugerrand 2020 PP (Mintage: 500 | Proof)
- Springbok: South Africa's national animal
- Paul Kruger: President 1883 to 1902
- Elegant case: with velvet lining
- SpringbokSouth Africa's national animal in full motion
- Paul KrugerShows the President of the South African Republic
- Elegant caseBlack box with South African Mint logo
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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.
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.
500
pieces in the edition
15.55 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.
The 1/2 oz Gold Krugerrand 2020 Proof - A Masterpiece of Coin Minting
Minting quality: Highest possible minting quality "Proof" (PP)
Strictly limited: Very low mintage of only 500 pieces worldwide
Growth opportunities: Very high value appreciation potential due to strict limitation and high demand
Very rare collector's coin / rarity
If you are looking for an exclusive and valuable gold coin, the 1/2 oz Gold Krugerrand from the renowned South African Mint is the perfect choice. It is the ideal addition to any collection and a sought-after investment object for investors who rely on gold.
A Piece of South African History in Your Hands
The 1/2 oz Gold Krugerrand 2020 Proof is a tribute to South Africa's rich history and culture. 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. This impressive design, struck in fine gold with a fineness of 916.67/1,000, makes the coin a true eye-catcher.
Exclusivity and Value Appreciation Potential
The 1/2 oz Gold Krugerrand 2020 Proof is a true rarity. With a mintage of only 500 pieces worldwide, it is strictly limited and therefore particularly sought after by collectors and investors. This, combined with the "Proof" (PP) condition, the highest possible minting quality, suggests a very high value appreciation potential.
Gold - The Oldest Currency in the World
For over 6,000 years, gold has been a proven store of value that protects you from loss of purchasing power. Unlike fiat money, which is backed by trust in governments and their ability to preserve value, gold has an intrinsic value due to its physical properties. It is tradable worldwide and can be used as a medium of exchange. It also offers protection against political and economic crises.
Investing in the Future
The 1/2 oz Gold Krugerrand 2020 Proof is more than just a coin. It is an investment in the future and a way to pass on wealth from generation to generation. Gold is a scarce commodity with limited supply, which leads to long-term value stability. Since profits from the sale of gold are generally tax-free if the holding period is at least one year, it is also an attractive option for long-term retirement provision.
Conclusion
The 1/2 oz Gold Krugerrand 2020 Proof is an exclusive and valuable addition to any collection and a sought-after investment object. Its strict limitation and high minting quality suggest a high value appreciation potential. Invest in the oldest currency in the world and secure a piece of South African history for yourself.
Product depiction may differ from the final product.
