Giant Krugerrand: Heavyweight Gold Coins for the Jubilee Year

Mega coins of gold weighing up to 1.6 kilograms and new silver and platinum Krugerrand coins

Giant Krugerrand: Heavyweight Gold Coins for the Jubilee Year

50oz Gold Krugerrand Jubilee Edition (Source: South African Mint)

Johannesburg, South Africa, 10 May 2017 – On the occasion of its 50th anniversary, the world’s most popular and best-selling investment coin, the South African Krugerrand, has been manufactured for the first time in extraordinary weight units and in various precious metals. An impressive Krugerrand coin in 50-ounce weighing approximately 1.6 kilograms, is the flagship of the anniversary range of Krugerrands. This special coin is strictly limited to only 50 individual units, and will also be available as part of five highly exclusive anniversary sets. The pure material value of these special items amounts to EUR 57.987 Euro (as at 10 May 2017: day’s gold price at 36.241,93 EUR/ kg).

Also available for the first time in the gold Krugerrand range, is a special 5-ounce gold coin, limited to 500 pieces with a material value of more than EUR 5.000,-; a 1/20 ounce coin limited to 12,000 units and a 1/50 gold coin limited to 50,000 units. These new gold coins are in addition to the standard 1 ounce, one half ounce, one fourth ounce gold Krugerrands.

For the first time since 1967, the Krugerrand is now also available in metals other than gold: fine silver and fine platinum (also in limited quantities). These new coins are issued only in 1 ounce of either metal and are regarded as popular for collectors due to their limited quantities.

All Krugerrand coins in the jubilee year bear the characteristic design of the South African springbok on the front side, and the portrait of Paul Kruger as well as the country of origin in Afrikaans („Suid Afrika“) and English („South Africa“) on the back. The collectible Krugerrand coins all bear a special anniversary privy mark „1967-2017 50 Year Anniversary“, adding to their collectability.

Bildquelle: South African Mint

Rand Refinery and the South African Mint produce the bullion Krugerrand in South Africa. Rand Refinery has refined nearly 50,000 tons of gold, around one third of the gold ever produced worldwide. The Rand Refinery was founded in 1920 by the Chamber of Mines in Germiston, South Africa to process raw gold mined around Johannesburg, marketing it around the world. The firm now processes approximately all gold mined in South Africa and a substantial share of gold mined in the rest of Africa. In addition to the world-famous Krugerrand gold coin, the company sells gold ingots ranging from one gramme to one kilogramme in weight. In Europe, the best-known ingots are the „elephant ingots“, bars of fine gold with an elephant motif on the back. The Rand Refinery has been admitted to the London Bullion Market Association, and is also listed for good delivery on the New York Commodities Exchange (COMEX), the Tokyo Commodities Exchange (TOCOM) and the Dubai Good Delivery Multi Commodities Centre (DMCC), amongst others.

Firmenkontakt
Rand Refinery
Richard Collocott
Refinery Road 1
1400 Germiston
+ 27 (0)11 418 9000
+ 27 (0)11 418 9231
gold@gold.co.za
http://www.randrefinery.com

Pressekontakt
financial relations GmbH
Jörn Gleisner
Louisenstraße 97
61348 Bad Homburg
+49 (0) 6172/ 27159 – 0
+49 (0) 6172/ 27159 – 69
j.gleisner@financial-relations.de
http://www.financial-relations.de