- Globally recognized: accepted everywhere
- Great tradition: minted since 1967
- Robust alloy: with copper content
- Globally recognizedOne of the world's most well-known bullion coins
- Great traditionMinted by the renowned Rand Refinery in South Africa
- Robust alloyCopper makes the coin durable and reddish gold
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ShareKrugerrand · 2016 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 2016 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 2016: A Shining Symbol of Stability and Security
The 1/10 oz Gold Krugerrand 2016 is a coin that represents far more than just its monetary value. It stands for a long tradition and a sense of security that only gold can provide. As one of the most well-known and popular bullion coins in the world, it is an ideal medium of exchange in times of crisis and a reliable inflation hedge.
The Fascination of the Gold Krugerrand
- Distinctive 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 South Africa's legal tender since 1961, the Rand
- 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 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 1/10 oz Gold Krugerrand from 2016 is part of a long series of gold coins that have been minted since 1967. Each coin is a piece of South African history and bears the portrait of Paul Kruger, President of the South African Republic. The reverse features South Africa's national animal, the springbok, a symbol of the country's beauty and diversity.
An Investment Product Par Excellence
The 1/10 oz Gold Krugerrand 2016 is not just a coin, it is an investment product par excellence. With a diameter of 16.50 mm and a fine weight of 3.11 g, it is compact and practical. It is new, Brilliant Uncirculated (BU) and packaged in a coin capsule, which ensures its quality and value. As part of the broader category of gold coins, it is recognised and accepted worldwide.
Gold: A Timeless Value
Gold has a history as old as humanity itself. It is the world's oldest currency and possesses an intrinsic value that remains unchanged no matter what happens. Gold is a stable and proven store of value that has existed for over 6,000 years. It protects against the loss of purchasing power and serves as a hedge against inflation and currency risks. It is exempt from VAT and offers high liquidity, meaning it can easily be converted into cash. All these characteristics make gold an ideal investment product.
The 1/10 oz Gold Krugerrand 2016: A Secure Investment
The 1/10 oz Gold Krugerrand 2016 is a secure investment. It is a stable store of value and a reliable inflation hedge. It is an ideal medium of exchange in times of crisis and is accepted worldwide. With the 1/10 oz Gold Krugerrand 2016, you are not just investing in gold — you are investing in security and stability.
Trust in our years of expertise and make the 1/10 oz Gold Krugerrand 2016 part of your investment strategy. It is an investment that pays off.
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