Kruger Gold or Foglin Gold Coin? – atsknsk southkingze

Kruger Gold or Foglin Gold Coin?

Posted by qingjie zeng on

Speaking of modern gold coins, we have to talk about investment gold in South Africa. It is the originator of modern investment gold coins. Because of its issuance, it created a precedent for modern investment gold coins, making it the most important variety in the history of gold and silver coins. one. But for a long period of time, the appellation in China is not very uniform. Some people call it the Kruger or Krugerrand, and some people call it the Foglin or Florin gold. Some people simply call it antelope.

kruger coin

One ounce of Foggin Gold Coin in 1981
    As we all know, South Africa is the world’s most important gold producer and holds the most important position in the world’s gold market. According to statistics, in the past more than 100 years, South Africa has mined more than 50,000 tons of gold. During the peak period of mining in South Africa in 1970, the production volume had reached 1,000 tons that all countries could not match, accounting for 80% of the world's total production at that time. In 1967, South Africa’s gold production was at a peak. In order to promote its production of gold, South Africa began to issue an investment gold coin with a weight of 1 oz and a fineness of 91.7%. Since 1980, on the basis of one ounce of gold coins, it has begun to issue 1/2 ounces, 1/4 ounces, and 1/10 ounces of gold coins. In addition to the year number, these investment coin motifs are consistent every year. They are positively faced by Kruger, a famous South African president, and an antelope pattern on the back. Once South African investment coins were issued, they immediately swept the world. Afterwards, some of the world’s major gold producing countries followed suit and they began to mint similar gold coins, such as the American Eagle Coin, Canadian Maple Leaf Coin, Australia’s Kangaroo Coin, Austrian Music Coin, and the United Kingdom. British coins and Chinese Panda coins and so on. Among them, South Africa's investment gold coins are also known as the world's top five investment coins with the United States Eagle Currency, Canadian Maple Leaf Currency, Australian Kangaroo Currency, and China's Panda Currency.
    I first came into contact with South African investment coins in the late 1990s. At the time of the paper media, it was often referred to as the “Fogling” gold coin. At the time, I had collected coins for many years, but I was not exposed to foreign coins. Therefore, as far as the title is concerned, it is even more indifferent. Sometimes, when writing something, it is also a kind of doctrine. It is safe to use this title. A coin friend who first learned of gold coins saw an article in my article referring to “Switzerland Folgrim Gold Coins, American Eagle Coin Coins, Canadian Maple Leaf Coins, Australian Kangaroo Coins, and Chinese Panda Gold Coins”. Then he wrote: “The United States Eagle Ocean Gold Coin, Canadian Maple Leaf Gold Coin, Australian Kangaroo Gold Coin, Chinese Panda Gold Coin are all well understood, the name and the gold coin on the corresponding pattern, and South Africa's Fortune Gold Coin in the 'Forgren Green' where does the word come from? Why so called "What?" This question caused my interest in this issue, and I readily searched the Internet. This search was incredible. I actually found out the two names of Fogging and Kruger. So in the following years, I began to collect relevant data of the currency. With the richness of information and deeper research, I have come to realize more and more that the South African investment coin is called the Kruger (gold) or Antelope gold coins may be more appropriate.
    First of all, in the current domestic authoritative Oxford high-level English-Chinese bilingual dictionary (Commercial Press, Oxford University Press co-published), the interpretation of “Ferrin” is “Coin in the old currency system in England, value two. Shilling or a tenth of a pound (current value of 10 pence)" and the interpretation of "Krugerrand" is "Kruger Gold (South African Gold Coin, weighing 1 oz)". In the American traditional dictionary, there are four interpretations of “Ferin”, one is “Florin Silver, Dutch Guilder (Dutch currency unit)” and the other is “Florin of the United Kingdom. The British coins, three are "Italian Florin, a gold coin first made by Florence, Italy, in 1252," and the fourth is "a coin similar to Florin, any similar to Florin of Florence." The numismatic coin was originally used in Europe; and there was only one interpretation of "Krugerrand", "Kruger Gold Coin, 1 ounce gold coin issued by the Republic of South Africa".
    Second, in the "Standard Catalogue of Clauses" published by the United States, South Africa's Bullion Issues are called Krugerrand. In addition, when introducing the South African currency system, the "Klaus Standard Catalog" divided the South African modern currency system into roughly three stages. The first stage was the use of the British currency before 1934. The second stage was the currency from 1934 to 1961. The unit is Pound, Shilling, Florin, Pence. The conversion ratio is 12 pence = 1 shilling, 2 shilling = 1 Forgling, 20 shilling = 1 pound; The three-stage period is from 1961 to the present, the currency units are Rand and Cent, and the exchange rate is 1 rand = 100 points. From this it can be seen that there is indeed a currency called “Foregren” in South Africa, but according to the “Klaus Standard Catalog” records, it was issued from 1923 to 1930, which refers to a kind of weight of 11.31 g. The color is 80% silver.
    The most important thing is that from the point of view of the coin pattern, the word “Krugerrand” is printed above the front of the gold coin. The front figure of the gold coin depicts the famous president of South Africa’s history – Crewe. Side portrait of a lattice. Kruger was named Stephanus Johannes Paulus Kruger and was born on October 10, 1825 and died on July 14, 1904. According to relevant historical data from South Africa, the earliest residents in South Africa were Kosang people. After about 1000 AD, many other tribes migrated from the north to the south. At the end of the 15th century, the Portuguese arrived at the Cape of Good Hope. In 1652 the Dutch immigrants began to settle here. In 1795 the British also arrived in South Africa. In 1814, the British swallowed the Cape of Good Hope. In 1836, the indigenous Boer in South Africa migrated northeastwards and established Boolean in 1839. Republic. In 1852 Britain recognized the Transvaal Republic built by the Boers, which is now the predecessor of the Republic of South Africa. However, after the discovery of diamonds and gold in South Africa in 1866 and 1886, it caused a conflict between the British and the Boers. Two South African wars broke out between 1880 and 1881 and between 1899 and 1902. Kruger, the 5th President of the Republic of the Republic of Vranbava, led the Boers to fight and established the foundation for the establishment of the Republic of South Africa. Kruger himself is also deeply loved by the South African people. In South Africa so far, Kruger’s statues can be seen everywhere. Many streets, parks and zoos are named after Kruger, so it is not surprising that South African investment coins are named after Kruger. It is worth noting that South Africa's investment gold coins use the "Kruger-rand" naming system. The former is the name of President Kruger, the latter is the South African currency unit rand, which means that South African investment coins also have denominations. Meaning, Krugerrand later synthesizes as a word, referring specifically to 1 ounce of gold coins, other specifications of gold coins are called 1/10 Cruggling Gold, 1/4 Cruguel Gold and 1 / 2 ounces of Crucreg Gold (United States, "Klaus Standard Catalog"), and now we usually say Kruger gold coins are mostly non-investment gold guides.
    Moreover, although the investment gold coins in South Africa are called "Fogrin" and "Kruger", most of them are called "Kruger Gold Coins" on foreign websites, and some people call them "Antelopes". The "gold coin" only has supporters in both countries. In 2008, during the Beijing International Stamp and Coin Expo, I specifically went to the South African Mint booth to learn about the situation of South African gold and silver coins. When talking about South African investment coins, South African Mint workers stated that only South African modern gold and silver coins have only grams. Rug Gold Coin, and I do not know there is a Fogging Gold Coin.
    Since then, the author personally thinks that it may be more appropriate to call South African investment coins as Kruger (or Krugland) gold coins. However, it is still puzzling to note that the “Fogrin” title for investment gold in South Africa is from How come?


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