2024 South Africa 1/50 oz Proof Gold Krugerrand

• Contains 1/50 oz of .9167 fine gold.
• Comes in a plastic capsule.
• Mintage of 50,000.
• Obverse: Likeness of Paul Kruger, South Africa’s first and only president, along with “South Africa” in Afrikaans and English.
• Reverse: A springbok antelope, the national animal of South Africa, with the year of minting and gold weight.
• Guaranteed by the South African Mint.

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2024 South Africa 1 oz Proof Gold Krugerrand
First introduced in 1967, the Krugerrand was the world's first modern gold bullion coin and remains a favorite among collectors and investors today. Krugerrands were originally minted to promote the South African gold to the international markets. Krugerrands were never assigned a face value, but are designed to derive their value from the live price of gold at the time they are traded.

Prized around the world, the Gold Krugerrand features a highly sought-after design inspired by South African history. The obverse features the South African Republic's first president, Paul Kruger, as a reminder of 19th century South African political and military affairs. On the gold coin’s reverse, a springbok antelope, the national animal, appears alongside the gold weight and the date of minting.

South African Mint
Gold was discovered in 1886 near the Witwatersrand area of Johannesburg, and President Paul Kruger decided to establish a national mint. The South African Mint manufactures Proof Krugerrand and works with the Rand Refinery to mint the bullion Krugerrand. The mint produces coins on behalf of and is a wholly owned subsidiary of the South African Reserve Bank. Today, the South African Mint is one of the world's top exporting mints.