The Krugerrand is the world's most famous and oldest investment gold coin named after former South African President Paul Kruger and the "Rand" area, where gold was found for the first time. The Krugerrand remains one of the first gold coins in the world to have no face value. Nevertheless, it is official currency in South Africa.
However, these are not the only special features of the exceptional coin. The most striking distinguishing feature is probably the slightly reddish coloration of the gold coin. This is created by its copper alloy. The coin was enriched with copper at a rate of about 9%, making the surface more stable and scratch-resistant. This even makes a transport in the trouser pocket without coin capsule possible in exceptional cases, without having to fear scratches or other damage.
On the coin on the one hand, the portrait of Paul Kruger and on the other the springbok - an antelope - represented. In the vicinity of the coin, the most important characteristics of the coin and its origin are always engraved in the national language of South Africa and in English.
To date, the Krugerrand is the 1 ounce gold coin, which has the largest circulation of all gold coins with a total circulation of more than 40 million pieces. For the 50th anniversary of the coin minted for the first time in 1967, a special stamping of the Krügerrand with the year of minting 2017 and the anniversary stamp 50 years Krügerrand will be published in 2017. The edition is strictly limited to 100,000 and is therefore expected to become a very special collector's item in the near future.