1967 Restrike 1 oz Gold Proof Krugerrand.
Although at first sight, this coin appears to be dated 1967, the coin was actually issued in 2017 to celebrate the 50th Anniversary of the first Krugerrand coin, and the date can be found on the obverse as part of the privy mark which reads 'LT SARB 2017' which stands for 'Legal Tender South African Reserve Bank 2017'
Produced by the South African Mint, this 22 carat gold coin features a high quality proof finish.
The coin features a special privy mark on the reverse denoting the 50th anniversary.
It has an issue limit of only 1,967 coins.
Introduced in 1967, the Krugerrand is struck in 22 carat gold, making it durable. Krugerrands are probably the most traded gold bullion coin in the world.
Originally only one size was issued, which contained one full troy ounce (31.1035 grams) of fine gold. This was originally known as a Krugerrand, or Kruger, for short. From 1980, three other sizes were introduced, namely a half, quarter, and tenth ounce size. Because of these, the original Krugerrand is sometimes referred to as a "full" or "one ounce" Kruger or Krugerrand, although within the trade, the word Kruger or Krugerrand is understood to be the full sized original one ounce version.
Krugerrands were first minted and issued in 1967, and have been produced every year since. They have legal tender status in South Africa, which allowed them to be imported into many, but not all, countries without import taxes, duty or VAT.
Obverse designed by Otto Schultz features Paul Kruger, the Boer statesman who served as President of the Afrikaner South African Republic. The coin bears the inscription:
SUID-AFRIKA • SOUTH AFRICA
The reverse features the national animal of South Africa, a Springbok antelope designed by CL Steynberg.
The reverse also bears the privy mark denoting the 50th anniversary of the Krugerrand's introduction. It features a '50' surrounced by the text "1967 - 2017 (50) YEAR ANNIVERSARY"
|Weight / Size||1 Ounce|
|Gold Weight Troy Ounces||1|
|Silver Weight Troy Ounces||0|
|Fineness / Carat||0.917 / 22|
|Obverse Designer||Otto Schultz|
|Reverse Designer||Coert Steynberg|
|Mint / Brand||South African Mint|
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Bullion coins are provided as is and on occasion may have some minor scratches or edge knocks. These are not regarded as faulty or damaged goods as their precious metal content and value as a bullion coin is not affected. Any coin sold for a value less than a 180% intrinsic is considered a bullion coin.
Gold investment products are VAT free. Silver investment products are inclusive of VAT at the current rate unless otherwise stated.
All investment products are based on the live precious metal price. Prices will be fixed once the item has been added to the basket and recalculates just before checking out.
If your product is not a graded coin and is considered a bullion item it should be noted that these are bought and sold on low premiums over their precious metal content and not solely for aesthetic purposes, therefore some products may have edge knocks and/or marks. These edge knocks and marks do not alter the specifications of the coins.
Please note that all investment products are exempt from the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 and therefore customers do not have the right to cancel their order once the order has been accepted. If customers no longer wish to go ahead with their investment purchase, there is an option to sell the products back to Chard (1964) Ltd instead. View our current buy back prices.
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