110 Year Anniversary: 1898 - 2008
The first legal tender gold coin without a denomination but linked to the daily gold price, was struck at the South African Mint on 3 July 1967. This 1 troy oz, 22 carat gold coin was called "The Krugerrand" and allowed the public to own gold in some form other than jewellery. This concept was so successful that many other countries adopted this model for their own coinage.
On the obverse of the Krugerrand, the effigy of one of South Africa's great statesmen, Paul Kruger, is depicted. Born in the Cape on 10 October 1825, Kruger's family joined the Voortrekker leaders and moved up-country where a small Boer republic was formed. When the British annexed this republic in 1877, he took a leading role becoming a strong and forceful leader in the struggle against British imperialism. At 57, he was elected President of the Zuid Afrikaansche Republiek — an extraordinary time of gold discoveries and ever increasing clashes with the British. in 1900 as the British advanced to take over Pretoria, the capital, Kruger had to leave his ailing wife and beloved country to live in exile in Europe where he continued to raise support and funds for their cause until he died in Switzerland in 1904.
The prancing Springbok on the reverse of the Krugerrand is one of South Africa's most recognized national symbols and is also a reminder of the young ZAR Republic. It has been documented that the Voortrekkers had to hitch their wagons and wait for days as the springbok and other antelope passed by in their thousands! Kruger realised that this extraordinary sight of migrating herds would become only a memory if areas were not demarcated for their protection. Due to his foresight, the Kruger National Park was established and expanded. The Kruger National Park is now an international symbol of conservation in southern Africa and celebrates its 110th anniversary in 2008.
The South African Mint proudly makes the commemorative proof Krugerrands in 4 sizes: 1 oz, 1/2 oz, 1/4 oz and 1/10th oz. The coins are made with the utmost care and then encapsulated to protect their mint condition. Made in limited editions and sold together with numbered Certificates of Authenticity, these golden treasures are proudly owned by coin collectors and investors alike.
|Mass:||33.930 g, 16.965 g, 8.482 g, 3.393 g|
|Diameter:||32.69mm, 27.00mm, 22.00mm, 16.50mm|
|Metal Content:||Au 999.9|
|Reverse Die-sinker:||CL Steynberg|
|Obverse Die-sinker:||O Schultz|
|Purity:||22 carat Gold|
|Extras:||23.00 gram silver (Ag925 Cu 75) medallion (48mm x 28mm)|