- The Classic: since 1967 from South Africa
- Famous Design: Springbok and Kruger
- Robust Alloy: gold with copper
- The ClassicThe world's first modern bullion coin from the Rand Refinery
- Famous DesignPresident Paul Kruger on the front, South Africa's national animal on the back
- Robust AlloyCopper makes the coin durable and reddish gold
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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.
In every issue.
By its 50th anniversary in 2017, more than 60 million Krugerrands had been sold. Every Krugerrand carries this story forward, in your hand and perhaps one day in the hand of someone you pass it on to.
15.55 g fine gold · 916.67/1,000
· Bank quality · Coin capsule
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 - A Classic for Every Collection
The 1/2 oz Gold Krugerrand is a true classic among bullion coins. It is minted by the renowned Rand Refinery in South Africa and is considered the first modern bullion coin in the world. With its characteristic design and high gold quality, it is a must-have for every collector and investor.
- Special feature: The world's most popular gold bullion coin
- Investment purpose: 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 consists 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
Gold - The Eternal Store of Value
The 1/2 oz Gold Krugerrand is more than just a coin - it is a piece of history and proof of the durability of gold as an asset class. Gold has proven itself as a stable store of value for over 6,000 years and has never reached a value of zero. It is a scarce commodity with limited supply, leading to long-term value stability. Furthermore, gold is tradable worldwide and can be used as a medium of exchange.
"Gold is the oldest currency in the world and has outlived all other currencies. It is God's money and VAT-free. It has shone for millennia and will never lose its shine."
The 1/2 oz Gold Krugerrand - A Genuine Investment Product
The 1/2 oz Gold Krugerrand is interesting not only for collectors but also for investors. It offers not only protection against inflation and currency risks, but also the opportunity for long-term appreciation in value. Gold has a low correlation to other asset classes such as stocks and bonds, which contributes to portfolio diversification.
- Investment purpose: The 1/2 oz Gold Krugerrand is an excellent investment product. It is ideally suited as an inflation hedge and crisis protection and offers a great alternative to gold bars.
- Material / Fineness: The coin consists of gold with a fineness of 916.67/1,000. This corresponds to a gold content of approximately 91.67%. The remaining portion consists of copper to make the coin more durable.
- Manufacturer: The coin is produced by the renowned Rand Refinery in South Africa, known for its high quality and precision.
The 1/2 oz Gold Krugerrand is an excellent way to invest in gold coins while owning a piece of history at the same time. With its high gold quality and iconic design, it is a true eye-catcher in any collection and a valuable investment product.
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