1/50 Krugerrand, South Africa, 2020 Gold Obverse
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1/50 Krugerrand, South Africa, 2020 Gold

2020, South Africa, Gold 1/50 oz Fine Gold

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The Krugerrand was first introduced in 1967 as a vehicle for private ownership of gold.  

Named after First President Paul Kruger, a four-term president of the old South African Republic.

Since 1980, Krugerrands were minted in three smaller sizes 1/10 oz, 1/4 oz, and 1/2 oz. This is the smallest gold coin that was offered in the South African Gold Krugerrand Series. From 1980 when it debuted in the series until 2017 when two smaller coins were introduced, the 1/10 oz South African Krugerrand was the most affordable gold coin for sale in the collection.

Country

South Africa

Year

2020

Mintage

Value

1/50 oz

Metal

Gold (22 karat)

AU 916,67; Cu 83,33

Weight

0.679 gram

Diameter

8.00 mm

Thickness

 mm

Obverse Design

Otto Schultz

Reverse Design

Coert Steynberg (CLS)

Shape

Round

Last issue of series

Obverse

Portrait of Paul Kruger

Born Stephanus Johannes Paulus Kruger(President of the old Republic of South Africa 1883-1900), he was better known to a generation of Dutch-descended South African farmers as Oom Paul, or Uncle Paul, for his support of the Boer cause in South Africa during the Boer Wars with Great Britain.

Lettering:  

SUID-AFRIKA * SOUTH AFRICA

Reverse

Springbok Antelope - one of the national symbols of South Africa

The antelope has featured on the reverse along with Krugers effigy on the obverse since 1967 when the first Gold Krugerrands were issued. The Springbok antelope design comes from Coert Steynberg.

Lettering:

Coert Steynberg initials "CLS" can be found directly above the word "GOLD" under the Springbok Antelope.

1/50 KRUGERRAND (Top Centre)

The year of issue is shown broken in half and displayed on both sides of the Springbok Antelope.

FYN GOUD 1/50 OZ FINE GOLD

Edge

Reeded

Material
Gold
Denomination
1/50 oz
Shape
Round
Time
2000s