In 2017, on the 50th anniversary of the Krugerrand, the South African Mint issued limited edition, collectible versions of the coin in silver and platinum, for the first time. Limited edition gold Krugerrands in 5 ounce, 1/20 ounce, 1/50 ounce and 50 ounce coin were also featured.
“At the beginning, the Krugerrand was only issued in the weight value of one ounce. This soon changed following a sharp increase in demand. Today, these investment coins are also available in fine gold weight values of 1/2 ounce, 1/4 ounce and 1/10 ounce, thus we are offering investors a greater variety of investment opportunities. The huge interest in this coin continues to this day. Since it was first introduced 50 years ago, more than 52 million ounces of the Krugerrand have been sold around the world. In 2016, the Krugerrand was the world’s most popular gold bullion coin.” ~ Richard Collocott, Executive Head Marketing at Rand Refinery
“50 years ago, no one could ever have envisaged that the Krugerrand would be such a huge worldwide success. To continue this success, we consider it is very important to uphold tradition by retaining the original design and thus its high degree of recognition. However, this does not mean that we turn a blind eye to current developments. These developments include, for example, an increasing relevance of precious metals other than gold in the investment sector.” ~ Tumi Tsehlo, Managing Director of South African Mint.
