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- World classic: minted since 1967
- Famous design: the springbok
- Reddish gold tone: thanks to copper content
- World classicInternationally known and traded worldwide
- Famous designPlus the portrait of President Paul Kruger
- Reddish gold toneThe copper also makes the coin more durable
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ShareKrugerrand · 2022 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 2022 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.
15.55 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.
Why the 1/2 oz Gold Krugerrand 2022?
Special feature: World's most popular gold bullion 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 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 colour 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 Gold Krugerrand coin with the 2022 year of issue is one of the most popular bullion coins worldwide. It is minted from gold with a fineness of 916.67/1,000 and comes in a special coin capsule to protect and preserve its condition. Produced by the renowned Rand Refinery in South Africa, the 1/2 oz Gold Krugerrand 2022 is an excellent choice for investors and collectors alike.
The 1/2 oz Gold Krugerrand 2022 is more than just a coin. It is a piece of history and a symbol of the enduring value of gold as a store of value. It is also an expression of appreciation for the art and craftsmanship of coin minting.
The Significance of Gold
Gold is a precious metal that has served as a store of value for over 6,000 years. It has never had a value of zero, because it possesses an intrinsic worth. Gold protects you from loss of purchasing power and is the oldest currency in the world. It is used as a hedge against inflation and currency risks and has an intrinsic value that is recognised worldwide as currency.
Gold is tradable worldwide and can be used as a means of exchange. It is a scarce commodity with limited supply, which leads to long-term value stability. Gold has high liquidity and can easily be converted into cash. It offers protection against political and economic crises. Gold is the big brother of silver and has a low correlation to other asset classes such as stocks and bonds, which contributes to portfolio diversification.
The Gold Krugerrand - A World-Class Coin
The Gold Krugerrand is one of the most famous gold coins in the world and was first minted in 1967. Named after Paul Kruger, President of the South African Republic, and the Rand, South Africa's currency, the Krugerrand is a symbol of South Africa's rich history and cultural heritage.
The coin's obverse depicts the portrait of Paul Kruger, while the reverse shows South Africa's national animal, the springbok. This elegant and proud animal is a powerful symbol of the country's beauty and strength.
The Gold 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 colour and makes it more durable. This unique design and the excellent quality of the minting make the Krugerrand a sought-after coin for collectors and investors worldwide.
Conclusion
The 1/2 oz Gold Krugerrand 2022 is an excellent choice for anyone looking to invest in gold or expand their collection. With its rich history, timeless design and high quality, it is a coin that will retain its value across generations. Invest in gold and secure the benefits of a stable and proven store of value.
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