Sa Mint To Make 1/50 Ounce Krugerrand For 2017

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Author	Replies: 6 / Views: 5,363
nss-52 Moderator United States 54282 Posts	Posted 01/18/2017 11:33 pm To commemorate the 50th year of making Krugerrands (1987 - 2017) South Africa will make 1/50 ounce Krugerrands. They will be 8 mm in diameter and weigh .679 grams with .622 grams of pure gold (they are 22 karat gold). They will be very small. If you have a Lincoln Cent you can look at right now, get it, then look at the photo below. Show your financial support of the Coin Community Family (click here) See my topic on Mexican Numismatic Medals (click here) Report this Post to the Staff

mikehy Valued Member South Africa 147 Posts	Posted 01/19/2017 06:48 am They are also going to be producing a 1/20 version as well. Also something to note is there are some small changes with the details for these new coins. Can be seen with regards details of his beard on the obverse and with the springbok horns on the reverse. Report this Post to the Staff
Biedercoins Pillar of the Community United States 1602 Posts	Posted 01/19/2017 07:10 am Other than opening ownership of a real Krugger to people with a tighter budget, why would they do this? Any idea on the cost? If my math is right, that's about $25 with today's spot of $1204. What would you guess the premium is going to be? It would take about 5 of these to get the mass of a US Baby Eagle (1/10) and they have an $11 premium (Greysheet). -edit: reminds me of a Christmas gift that my wife got from her Mom. My wife studied in Vienna for a semester in college. The gift was a small gold coin I thought was an Austrian 1915 4 florin 10 franc. Turned out to be a restrike. Anyway, my mother-in-law got it from some Austrian business men as a hostess gift back in the 70's; it's in a bezel. Gold was a lot cheaper back then & I bet this guy had multiples of these for just such occasions. It's about dime size (~18mm) so makes a nice little pendent. At 8mm I'm not sure if this little guy would even make decent jewelry. Edited by Biedercoins 01/19/2017 08:18 am Report this Post to the Staff
nss-52 Moderator United States 54282 Posts	Posted 01/19/2017 08:10 am Quote: At 8mm I'm not sure if this little guy would even make decent jewelry. 8mm 2017 Krugerrand 1/50 oz earring Show your financial support of the Coin Community Family (click here) See my topic on Mexican Numismatic Medals (click here) Report this Post to the Staff
Biedercoins Pillar of the Community United States 1602 Posts	Posted 01/19/2017 08:25 am You got me there, nss-52! I suppose if you put a stud on one side it could work in a piercing of a nose, tongue, or whatever, too. Report this Post to the Staff
NumisRob Bedrock of the Community United Kingdom 17970 Posts	Posted 01/19/2017 09:26 am It's the same diameter as the UK 1/40th Britannia gold coin, but lighter: http://www.royalmint.com/shop/The_B...d_Proof_Coin My Trade List: https://goccf.com/t/194596 My Wants List: https://goccf.com/t/191710 Report this Post to the Staff
nss-52 Moderator United States 54282 Posts	Posted 03/21/2017 7:11 pm The 40th oz Britannia gold contains about £25 gold, but sell for £70 from The Royal Mint. The 50th oz Krugerrand contains about £20, but sell for £50 on ebay. Report this Post to the Staff
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