- Globally renowned: a classic since 1967
- Famous design: Kruger and springbok
- Durable alloy: with copper content
- Globally renownedInternationally recognized and traded worldwide since 1967
- Famous designPortrait of Paul Kruger and South Africa's national animal
- Durable alloyThe copper content makes the coin more resistant
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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.
3.11 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.
1/10 oz Gold Krugerrand (various years): The classic among gold coins
The 1/10 oz Gold Krugerrand coin, minted by the renowned Rand Refinery in South Africa, is one of the most popular bullion coins in the world. Since its introduction in 1967, it has become a symbol of wealth and prestige and is an internationally recognized bullion coin.
The details of the 1/10 oz Gold Krugerrand coin
- Special feature: The most popular gold bullion coin in the world
- 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 to 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 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 coin has a diameter of 16.00 mm and a fine weight of 3.11 g. It is new and Brilliant Uncirculated, and is delivered in a coin capsule. Although it has no face value, its value is determined by the gold price. It is excellently suited as an investment product, as it can serve as an ideal medium of exchange in times of crisis.
The Gold Krugerrand: A piece of history
The history of the Krugerrand gold coins dates back to 1967. Named after South African President Paul Kruger and the South African currency, the Rand, the coin quickly became a symbol of wealth and prestige. From the very beginning, it was designed as a bullion coin and has since enjoyed great popularity among investors and collectors alike.
Quote: "Gold is God's money. It is the oldest currency in the world and has outlived all other currencies. It possesses an intrinsic value and is the perfect hedge against all crises and for one's own retirement provision."
The obverse of the coin bears the portrait of Paul Kruger, a 19th-century president after whom the famous Kruger National Park is also named. The reverse shows South Africa's national animal, the springbok, giving the coin its unique character.
Why invest in Gold Krugerrand?
Gold coins like the Krugerrand are an excellent way to protect your wealth from inflation and currency risks. Gold has an intrinsic value that is recognized worldwide. It is tradable and can be used as a medium of exchange. In addition, gold is a scarce commodity with a limited supply, which leads to long-term value stability.
Thanks to its high liquidity and worldwide recognition, the Krugerrand is an excellent choice for investors. It offers protection against political and economic crises and contributes to the diversification of your portfolio.
Whether you are an experienced investor or just starting out buying precious metals, the 1/10 oz Gold Krugerrand is an excellent choice. It gives you the opportunity to invest in a piece of history while protecting your wealth at the same time.
Product depiction may differ from the final product.
