- World-famous: a classic since 1967
- Striking design: Kruger and Springbok
- Extra durable: thanks to copper content
- World-famousMinted unchanged since 1967, known worldwide
- Striking designShows President Paul Kruger and the national animal Springbok
- Extra durableCopper makes it durable and reddish gold
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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.
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.
The 1/10 oz Gold Krugerrand 2022: A Shining Piece of History
The 1/10 oz Gold Krugerrand from the year 2022 is more than just a coin. It is a symbol of South Africa's rich history and a proven investment product that has delighted investors and collectors alike for over 50 years. With its unique design and unparalleled quality, the Krugerrand gold coin has earned its place as one of the most popular bullion coins in the world.
The Special Features of the 1/10 oz Gold Krugerrand 2022
- Special feature: The world's most popular gold bullion coin
- Investment objective: 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 1/10 oz Gold Krugerrand 2022 is brand new and comes in a secure coin capsule, allowing you to preserve its shine and Brilliant Uncirculated condition for a long time. With a diameter of 16.00 mm and a fine weight of 3.11 g, it is a compact and convenient investment in gold.
A Historic Investment Product
The Krugerrand gold coin is named after Paul Kruger, who was President of the South African Republic from 1883 to 1902. His term in office also saw another significant event that gave the Krugerrand its name. In 1886, gold was discovered for the first time in Witwatersrand. This region is the largest source of gold for the coin mintings of the 2022 year of issue. Minting of the Krugerrand began in 1967 and has remained unchanged to this day. This makes the Krugerrand one of the oldest and most popular bullion coins in the world.
A Safe Investment in Uncertain Times
As an investment product, the Krugerrand offers a safe and stable way to preserve and grow wealth. Gold has proven itself as a reliable store of value for thousands of years. It has never reached a value of zero and offers protection against loss of purchasing power. Especially in times of economic uncertainty and inflation, investing in gold coins like the Krugerrand can be a wise decision.
A Tangible Piece of History
The 1/10 oz Gold Krugerrand 2022 is not only an attractive investment opportunity, but also a tangible piece of history. As a tribute to Paul Kruger and the South African gold deposit of Witwatersrand, it carries South Africa's history within it. Each coin is a small work of art that reflects the passion and craftsmanship of the mint masters at the Rand Refinery.
Conclusion
The 1/10 oz Gold Krugerrand 2022 is an excellent choice for anyone looking to invest in gold. It combines the benefits of a stable and secure investment with the charm and history of one of the world's most renowned gold coins. Whether you are an experienced investor or a beginner, the Krugerrand is always a good choice.
Product depiction may differ from the final product.
