1/4 oz Gold Krugerrand (various years of issue)
- Globally known: prized since 1967
- Robust gold: thanks to copper content
- Famous design: Kruger and springbok
- Globally knownRecognised and gladly traded all over the world
- Robust goldCopper lends it durability and a reddish gold tone
- Famous designPresident Paul Kruger and South Africa's national animal
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The leap that began in 1967.
You are looking at the side with Paul Kruger.
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
- Paul Kruger
- This side of the coin 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.
7.78 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 1/4 oz Gold Krugerrand (various years) is one of the world's most renowned and sought-after gold coins. It is an ideal investment product, distinguished by its high quality and worldwide acceptance. With this product, you invest in a piece of history and in the security of gold.
Product Information
- Special feature: The world's most popular gold bullion coin
- Investment objective: Inflation hedge, value 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 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
Why invest in the Gold Krugerrand?
Gold has been a stable and proven store of value for over 6,000 years. It has never had a value of zero because it possesses intrinsic value. Gold protects you from the loss of purchasing power and is the oldest currency in the world. It is VAT-free and has shone for millennia — and will never lose its shine.
Gold is used as a hedge against inflation and currency risks. It has intrinsic value and is recognized worldwide as a currency. It is tradable globally and can be used as a medium of exchange. Gold is a scarce commodity with limited supply, which leads to long-term value stability.
The 1/4 oz Gold Krugerrand coin is an excellent way to invest in gold. It offers protection against political and economic crises and has high liquidity, meaning it can easily be converted into cash. Furthermore, it is VAT-free and can serve as a long-term retirement provision, passing on wealth from generation to generation.
Details of the 1/4 oz Gold Krugerrand
The 1/4 oz Gold Krugerrand coin has a diameter of 22.00 mm and a fine weight of 7.78 g. It has no face value and is made of gold. It is delivered in a coin capsule and is in bank-standard condition. It belongs to the Krugerrand series and originates from South Africa. Its gross weight is 8.48 g and it has a fineness of 916.67/1,000. It is a product of the renowned manufacturer Rand Refinery.
Conclusion
The 1/4 oz Gold Krugerrand coin is an excellent choice for anyone looking to invest in gold. It offers a range of benefits, including inflation hedge, value preservation and crisis protection. With its high quality and worldwide acceptance, it is a safe and reliable investment product. Invest in the 1/4 oz Gold Krugerrand coin today and secure a piece of history along with the security of gold.
Product depiction may differ from the final product.
