1/4 oz, South Africa, 2007, Gold - Krugerrand
South Africa, 2007, 1/4 oz Krugerrand Gold, Republic of South Africa(RSA) - coins have no face value, they are considered legal tender in South Africa; their legal tender denomination - also known as face value - is not fixed and varies depending on the current fixed price of gold on the day of sale.
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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-ounce (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 |
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|
Year |
2007 |
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|
Value |
1/4 oz |
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|
Metal |
Gold 91.67% Au, 8.33% Cu(22 karat) |
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Weight |
8.482 gram(1/4 Troy) |
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|
Diameter |
22.06 mm |
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|
Thickness |
1.888 mm |
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|
Obverse Design |
Otto Schultz |
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Reverse Design |
Coert Steynberg (CLS) |
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Shape |
Round |
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|
Last issue of series |
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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 |
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Reverse |
Springbok Antelope - one of the national symbols of South Africa The antelope has featured on the reverse along with Kruger effigy on the obverse since 1967 when the first Gold Krugerrands were issued. The Springbok antelope design comes from Coert Steynberg. Lettering: 1/4 KRUGERRAND (Top Centre) 20 07 The year of issue is shown broken in half and displayed on both sides of the Springbok Antelope. FYN GOUD 1/4 OZ FINE GOLD CLS (initials, just below the right field above the word, GOLD and below the ground under the Springbok) |
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Edge |
Reeded (no edge inscription) |
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Mintage |
Proof Mintage |
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|
2007 |
7,551 Bullion |
3,333 |
| Denomination | Diameter* (mm) |
Thickness* (mm) |
Weight (g) |
Fineness | Gold content | Edge reeded |
|
|---|---|---|---|---|---|---|---|
| (g) | (oz t) | ||||||
| 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 |
| * Maximum dimensions |
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- Material
- Gold
- Denomination
- 1/4 oz
- Shape
- Round
- Time
- 2000s
- Object
- Animal - Springbok
Person (king, queen, tsar, president) - Rulers
- Paul Kruger