1 Krugerrand, South Africa, 1968
date: label: date made
content: 1968
label: associated date
content: 1968
notes: label: Description (Brief)
content: One (1) Krugerrand coin, proof
label: Description (Brief)
content: South Africa, 1968
label: Description (Brief)
content: Obverse Image: Bust of Paul Kruger facing left.
label: Description (Brief)
content: Obverse Text: SUID-AFRIKA / SOUTH AFRICA
label: Description (Brief)
content: Reverse Image: Springbok antelope.
label: Description (Brief)
content: Reverse Text: KRUGERRAND / 19 68 / FYNGOUD 1 OZ FINE GOLD / CLS
label: Description
content: This gold coin is called a Krugerrand because it features a portrait of Paul Kruger. Kruger was the president of the South African Republic (Transvaal) from 1883 to 1900. Kruger descended from a group of European (primarily Dutch) immigrants known as Boers or Afrikaners. Kruger is known for his leadership of the Boers in resisting British intrusion into the Transvaal and, ultimately, fighting the British in the South African War (1899–1902). South Africa produced this coin more than 60 years after the end of the war. The decision to include a portrait of Kruger on national South African coins reflects the dominance of Afrikaners in the South African government in the 1960s and the prevailing political ideology in South Africa called apartheid (separateness). Apartheid laws enforced racial segregation and oppressed Africans and other people of color. These large gold coins were not intended to circulate widely within South Africa, but rather were marketed to foreign investors with the aim of bringing investment to the South African state during a period of international sanctions.
label: Description
content: Ellen Feingold, Johan Fourie & Leigh Gardner (2021) A tale of paper and gold: The material history of money in South Africa, Economic History of Developing Regions, DOI: 10.1080/20780389.2021.1926232
label: Location
content: Currently not on view
place: label: place used
content: South Africa
label: place made
content: South Africa: Gauteng, Pretoria
label: associated place
content: South Africa
setName: label: See more items in
content: Work and Industry: National Numismatic Collection
label: See more items in
content: South African Currency
creditLine: label: Credit Line
content: The South African Mint
dataSource: label: Data Source
content: National Museum of American History
identifier: label: ID Number
content: NU.70.75.1
label: catalog number
content: 70.75.1
label: accession number
content: 288346
objectType: label: Object Name
content: coin
physicalDescription: label: Physical Description
content: gold (overall material)
label: Measurements
content: overall: 3.26 cm; 1 9/32 in