Details
The Krugerrand was first introduced in 1967 as a vehicle for private ownership of gold. It was the world’s first ounce-denominated gold coin which was also mass-produced to enable everyone to purchase gold easily at a low premium above the gold price.
The name ‘Krugerrand’ is derived from Paul Kruger and the rand, the monetary unit of South Africa. Therefore, the design on the obverse of each of the coins depicts the President of the Zuid Afrikaanse Republiek, Paul Kruger. The reverse design shows the prancing springbok, South Africa’s national animal.
In 2017, the coin has its 50 year anniversary and a special edition has been issued to celebrate the jubilee.
For further information please see the website of the South African Mint Company.
Additional Information
| Product Type | Investment coin |
|---|---|
| Fine Weight | 31.10 |
| Fineness | 916.667 |
| Dimensions | Diameter: 32.77 mm, Thickness: 2.84 mm |
| Product motive | Obverse: Face of statesman Paul Kruger Reverse: Springbok with anniversary symbol |
| Year of minting | 2017 |
| Negotiability | Worldwide |
| Nominal value | No face value. The value of each coin is directly related to the prevailing value of its gold content. |
| Manufacturer | The South African Mint Company / Rand Refinery Limited |
| Delivery time | self pick-up: 1 - 2 working days, shipping: 3 - 5 working days* |
| In stock | 0 |
| Packaging information | Single coins without packaging. |
* This applies to standard shipping to Germany; information regarding delivery times to other countries and calculation of running times may be found here.
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Fax 0351 - 43 83 89 29
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