Gold Krugerrand - 5 Coin - Fractional-Set PF 2024

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Investment gold is tax-exempt according to § 6 Abs. 1 Zi 8j UStG.

Information about the Gold Krugerrand - 5 Coin - Fractional Set PF 2024

The Gold Krugerrand is a South African gold coin that has been minted at the Rand Refinery in Germiston, near Johannesburg, since 1967. It is the most common gold bullion coin in the world and is available in denominations of 1 ounce, 1/2 ounce, 1/4 ounce and 1/10 ounce. The purity of the Krugerrand gold coin is 916.7 and the copper alloy gives the coin a reddish color and increases its scratch resistance. Although the gold Krugerrand has no currency indication on the coin, it is considered an official means of payment in South Africa. As every year, the South African Mint issues a limited special edition and minting as a set with the minting quality “proof”. The proof quality (PF) is particularly sought after by collectors and is one of the most elaborate production processes for a coin.

This set is limited to just 500 pieces worldwide. It contains 5 denominations of the world-famous gold coin: 1/2 ounce gold, 1/4 ounce gold, 1/10 ounce gold, 1/20 ounce gold and 1/50 ounce gold (PF), totaling a fine weight of around 28.6g gold. The 1/20 ounce denomination is not otherwise commercially available, but only as part of this exclusive set. The fractional set comes in a fine wooden case with a numbered certificate of authenticity.

The design of the gold coins

On the design side of the coin is the portrait of South African President Paul Kruger (1882-1902), who also gave the coin its name. The name Rand refers to the South African currency, the Rand. Kruger's portrait is framed by the lettering of the issuing country “SUID-AFRIKA - SOUTH AFRICA”. The year of issue and the legendary springbok antelope, the heraldic animal of the Republic of South Africa, are depicted on the face of the coin. In addition, a typical South African semi-desert is depicted in the background of the antelope. The initials “CLS” of the South African sculptor Coert Lourens Steynberg are integrated on the value side alongside the indication of the fine weight.

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