2010 Krugerrand Series

2010 Krugerrand Obverse2010 Krugerrand Reverse

 

The concept of the Krugerrand was first introduced by the South African Chamber of Mines in the 1960’s to promote physical gold as an investment opportunity for the "man on the street".

The Krugerrand was released in 1967 as a legal tender coin and contained exactly
1 troy ounce of fine gold. This gold coin was unique in that it had no denomination because its face value was connected to the daily gold price. The Krugerrand was mass produced so that it could be sold at a relatively low premium over the current gold price. In 1980 the fractional Krugerrands (½ oz, ¼ oz and 1/10 oz) were released, making the Krugerrand affordable to more people.

The Krugerrand dominated the world’s coin market over the next nine years but during the years when sanctions against the South African government were applied in the mid 1980’s, other mints elsewhere took the opportunity to issue their own legal tender bullion gold coins. However, the Krugerrand had become one of the world’s leading brand names and remains so today in the 21st century.

The Krugerrand is available in both bullion and proof state. The South African Mint proudly sells the proof Krugerrands which are encapsulated and issued with a numbered certificate of authenticity. These proof Krugerrands are available in 1 oz, ½ oz, ¼ oz and 1/10th oz, as singles or in sets.

   

Krugerrand Coin Specifications

  1 oz 1/2 oz 1/4 oz 1/10 oz
  22 Carat Gold 22 Carat Gold 22 Carat Gold 22 Carat Gold
     
 Mass (gram): 33.930 16.965 8.482 3.393
 Diameter (mm): 32.96 27.00 22.0016.50 
 Metal Content: Au 916.67 Cu 83.33 Au 916.67 Cu 83.33 Au 916.67 Cu 83.33 Au 916.67 Cu 83.33
 Obverse Die-Sinker: O Schultz O Schultz O Schultz  O Schultz
 Reverse Die-Sinker: CL Steynberg CL Steynberg CL Steynberg CL Steynberg

  

  

  

  

  

Products

 

Prestige Krugerrand SetPrestige Krugerrand Set

One Ounce KrugerrandHalf Ounce KrugerrandQuater Ounce KrugerrandTenth Ounce Krugerrand

 

Prestige Set

Limited Edition: 1000

The Krugerrand Prestige Set consists of four 22 carat gold coins (1oz, 1/2 oz, 1/4 oz and 1/10 oz) packaged together in a box made from either “Kiaat”or “Imbuya” wood. In addition each set has a plaque featuring the name “Krugerrand Prestige Set” as well as the year “2010” and the individual number of the set. Each set issued has an individually numbered Certificate of Authenticity.

  

 

Single Coins

1oz - Limited Edition: 1500
1/2 oz - Limited Edition: 1500
1/4 oz - Limited Edition: 5000
1/10 oz - Limited Edition: 5000

Each Krugerrand, 1oz, 1/2 oz, 1/4 oz and 1/10 oz, is packaged in a red leatherette box together with an individually numbered Certificate of Authenticity.

  

 

Certificate of Authenticity

The individually numbered Certificate of Authenticity guarantees the quality and authenticity of the coins made by the South African Mint Company. Each coin and coin set issued by the South African Mint Company has a Certificate of Authenticity. The certificate describes the coin’s specifications, the year, the limited edition as well as a short description of the product. It also depicts the signature of the South African Mint’s Managing Director, Mr Andile Mvinjelwa. To prevent the duplication of a South African Mint product, the certificates are re-designed each year to include the coin design and each certificate is individually numbered according to the limited edition of the coin or set. As another security measure, the South African Mint’s logo, which is printed in transparent ink and only visible under ultra-violet light, features as part of the layout.