South Africa – Krugerrand – 2017 – 1/10 oz Gold Proof – 50th Anniversary

To mark the 50th anniversary of the Krugerrand, the South African Mint presented an extensive collection of high-quality collector coins in 2017. This included the 1/10 oz Gold Proof Krugerrand , whose special anniversary mark commemorates the introduction of the famous South African gold coin in 1967.

The coin offered here comes from an original 2017 Krugerrand anniversary set and was removed individually. It combines the traditional design of the Krugerrand with the special history of the anniversary year.

50 Years of the Krugerrand – The Anniversary from 1967 to 2017

The first Krugerrand was minted on July 3, 1967. In the following decades, the South African gold coin became one of the most internationally renowned investment coins and is considered a pioneer of modern gold bullion programs.

The 1/10 oz denomination was introduced in 1980 and has since been one of the classic sizes of the Krugerrand series.

For its anniversary year in 2017, the South African Mint developed a special collector program featuring additional gold denominations, precious metals, and exclusive proof sets. The 1/10 oz gold proof coin was included in the six-piece Prestige Set as well as the three- and four-piece Fractional Sets.

The special 50th Anniversary Privy Mark

The distinctive feature of the 2017 anniversary issues is the 50th Anniversary Privy Mark on the reverse of the coins.

The additional symbol displays the number 50 and commemorates the years 1967 to 2017. It is located above the springbok’s back and distinguishes the anniversary edition from the regular design.

On the coin offered here, the anniversary symbol is particularly visible on the additional reverse side image under different lighting conditions.

The classic motifs of the Krugerrand

The front side features the well-known portrait of Paul Kruger , the former president of the South African Republic. The design, created by Otto Schultz, is surrounded by the bilingual country name “SUID-AFRIKA · SOUTH AFRICA”.

The reverse side features the leaping springbok, based on a design by South African sculptor Coert Steynberg. The traditional motif is complemented by the KRUGERRAND name, the split year 2017, and the inscription “FYNGOUD 1/10 OZ FINE GOLD”.

1/10 oz gold in high-quality proof grade

The gold coin is made of the traditional Krugerrand alloy with a fineness of 916.7/1000 (22 carats). It contains 1/10 of a troy ounce of gold , equivalent to approximately 3.110 grams of pure gold, with a total weight of about 3.393 grams.

With a diameter of 16.5 mm, it is one of the smaller denominations in the series.

The elaborately produced proof coin is characterized by mirrored coin fields and matte relief areas. This makes the portrait of Paul Kruger and the fine details of the springbok motif stand out particularly well.

Declared mintage of 3,163 pieces

For the 2017 Krugerrand in 1/10 oz Gold Proof, the South African Mint lists two different figures in its official mintage overview.

The original certificate quantity is 15,000 pieces . However, the South African Mint publishes a declared mintage figure of 3,163 pieces .

This distinction is important for collectors, as the originally intended maximum quantity is not the same as the later officially declared mintage number.

The combination of the historic anniversary year, the special privy mark, the proof finish and its origin from an official anniversary set makes this coin an interesting addition to specialized Krugerrand collections.

Further information on individual years, special editions and official mintage figures can be found in our overview of Krugerrand mintage figures .