2017 Proof 1/20 ounce Gold Krugerrand - 50 year anniversary mintmark

17-KR-PF-1/20

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R 1,850.00

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For the 1st time in History, In 2017 the krugerrand has been minted in a 1/20th ounce gold proof coin to commemorate the 50th anniversary of the krugerrand which was 1st minted in 1967

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The iconic krugerrand, regarded by many as the coin that started modern gold coin collecting, is celebrating its 50th anniversary in 2017. The striking of the first krugerrand on 31st July 1967 took place with little ceremony. The krugerrand was a world first in that there was no denomination on the coin  so thats its value would be linked to the daily gold price, its intention to make gold ownership possible to 'the man on the street'.

The name "Krugerrand" was derived by combining Paul "Kruger", President of the original Zuid Afrikaansche Republiek, with "Rand", the monetary unit in South Africa. The rand is also linked to the Witwatersrand, a name meaning 'the ridge of white water', an important gold producing area in South Africa.

The obverse design features President Paul Kruger, modelled by die-engraver Otto Schulz and struck from the original die used in 1892 for the historic Kruger half-crown coin. The reverse featuring South Africa's national animal, the springbok, was designed and engraved by sculptor Coert Steynberg and first used on the 1947 5-shilling coin.

The 2017 dated 1/20 oz proof krugerrand, issued for the first time in 2017, is part of the wider 50th anniversary celebrations of the Krugerrand and bears a privy mark that celebrates the enduring value of this internationally recognised, timeless South African brand. 

    Mass: 1.697 grams
    Diameter: 12.0 mm
    Metal Content: Au 916.67 Cu 83.33
    Reverse Die-sinker: CL Steynberg
    Obverse Die-sinker: O Schultz
    Box Type: Leatherette
    Purity: 22 carat Gold
    Extras: 50 year anniversary Mint mark
    Maximum Mintage: 2000
    Issue Price: R1,500.00

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2017 Proof  1/20 ounce Gold Krugerrand - 50 year anniversary mintmark

2017 Proof 1/20 ounce Gold Krugerrand - 50 year anniversary mintmark

For the 1st time in History, In 2017 the krugerrand has been minted in a 1/20th ounce gold proof coin to commemorate the 50th anniversary of the krugerrand which was 1st minted in 1967

Write a review

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