50 oz Krugerrand, South Africa, 2017, Gold reverse
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50 oz, South Africa, 2017, Gold - Krugerrand

South Africa, 2017, 50 oz Krugerrand Gold with Mintmark, Republic of South Africa(RSA). Marking the occasion of the 50th anniversary of the Krugerrand coin range

Named after First President Paul Kruger, a four-term president of the old South African Republic. The first 1 oz(31.931g) Krugerrand was minted in 1967 and made it easier to privately own gold. It was minted in a copper-gold alloy that made it much more durable than pure gold.

In 1980, South Africa also introduced smaller bullion coins containing 1⁄2 oz(16.966g),  1⁄4 oz(8.483g), and 1⁄10 troy ounce(3.393g) of gold.  The range was gradually expanded and includes also a massive fifty ounces (50 oz) gold coin, five ounces (5 oz) gold, two ounces (2 oz) gold, twentieth-ounce (1⁄20 oz) gold and fiftieth ounce (1⁄50 oz) gold, a platinum ounce(1 oz),  plus two ounces(2 oz)  silver and one-ounce(1 oz) silver.

Coin Specifications:

Country

South Africa

Year

2017

Value

50 oz, 50 ounces, Fifty ounces

Metal

Gold

91.67% Au, 8.33% Cu(22 karat)

Weight

1,697.760g

Diameter

100.000 mm

Thickness

mm

Obverse Design

Otto Schultz

Reverse Design

Coert Lourens Steynberg (CLS)

Shape

Round

Last issue of series

Obverse

Features the Portrait of Paul Kruger(facing left). 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 against 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.

Marking the occasion of the 50th anniversary of the Krugerrand coin range, there is a privy mark in the top left the field of the reverse, above the Springbok's back: the inscription 1967 · 2017 50 YEAR ANNIVERSARY in a small circle, with the numeral 50 at its centre.

 Lettering:  

 KRUGERRAND  (Top Centre)

20                               17

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

FYNGOUD 50 OZ FINE GOLD

CLS (initials, just below the right field above the word, GOLD and below the ground under the Springbok)

Edge

Reeded (no edge inscription)

 

Mintage

Proof Mintage

2017

50

Denomination Diameter*
(mm)
Thickness*
(mm)
Weight
(g)
Fineness Gold content Edge
reeded
(g) (oz t)
50 oz 100.000mm

mm

1,697.760g 22 karat 91.67% 50.000
5 oz 50.000mm mm 196.630g 22 karat 91.67% 5.000
2 oz

40.000mm

mm

67.860g 22 karat 91.67% 2.000  
 1 oz

32.62mm - 32.77mm

2.870mm - 2.972mm (<1976)

2.740mm - 2.972mm(1976-February 1979)

2.740mm - 2.972mm(>1979)

33.930g 22 karat 91.67% 31.10g 1.000 160**
1/2 oz 26.93mm - 27.07mm

2.115mm  -2.215mm

16.965g 22 karat 91.67% 15.55g 0.500 185
1/4 oz 21.94mm - 22.06mm 1.888mm - 1.788mm 8.482g 22 karat 91.67% 7.775g 0.250 150
1/10 oz 16.45mm - 16.55mm 1.25mm - 1.35mm 3.393g 22 karat 91.67% 3.111g 0.100 115
1/20 oz

12.000 mm

mm

1.697g 22 karat 91.67% 0.050
1/50 oz

8.000 mm

mm

0.679g 22 karat 91.67% 0.020
* Maximum dimensions

Material
Gold
Denomination
50 oz
Shape
Round
Time
2000s
Object
Animal - Springbok
Person (king, queen, tsar, president)
Rulers
Paul Kruger
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