2017 1oz Gold Proof Krugerrand 50th Anniversary - Boxed

The 2017 one ounce proof gold Krugerrand. The coin is in mint condition and supplied in an attractive box, complete with certificate of authenticity from the South African Mint.

The coin was released to mark the 50th anniversary of Krugerrand production, all the way back on July 3rd 1967. Since then almost 53.5 million ounces of gold have been sold within these coins.

The anniversary editions bear a special Privy Mark on the reverse of the coin. This side also features a Springbok Antelope – one of the national symbols of South Africa – and was designed by Coert Steynberg.

The obverse (front) of the coin depicts former South African president Paul Kruger.

The gold Krugerrand is a 22-carat gold coin. It contains 1oz of pure gold, but the coins actually weigh slightly heavier. A troy ounce is 31.10g and gold Krugerrands are 33.92g weight. This is heavier than most one ounce gold coins because it also features a fractional amount of copper to give it a distinct colour, and as such it’s slightly thicker than 1oz coins which are 24-carat.

These coins are still classed as legal tender by the South African government and are issued by the South African Reserve Bank. They are struck to proof quality by using specially prepared dies and highly polished blanks for the striking process.