The 2017 Proof Krugerrand 3 Coin Fractional Set bearing the “50th anniversary” Mintmark on each coin. The set contains a 1/10 oz, a 1/20 oz, and 1/50 oz.
Limited edition Proof Krugerrands intended to be collectors’ items rather than bullion investments. These coins are priced above bullion value, although non-proof Krugerrands also have a premium above gold bullion value. They can be distinguished from the bullion Krugerrands by the number of serrations on the edge of the coin. Proof coins have 220 while bullion coins have 160.
The 2017 dated proof krugerrands bear a “50th anniversary” privy mark to commemorate the enduring value of this internationally recognised, timeless South African brand.
This set consists of a 1/10 ounce, 1/20 ounce and 1/50 ounce proof krugerrands each bearing the “50 year anniversary” Mintmark
Proof coins which are made with a specially polished and treated die. By treating the die in a special way, the coins it produces have a different appearance. The background design of the coin die is polished, resulting in a mirror-like look on the coin it strikes. This gives the finished coin a frosted look on the raise parts of the design, with a mirror like finish on the background. Krugerrand Proof coins are the perfect collectables for a person interested in numismatics. Minted in 4 different sizes, 1/10oz , 1/4oz, 1/2oz and 1oz, all Krugerrand Proof coins come with a Certificate of Authenticity.
Not only are proofs made using specially treated dies, each coin is struck two or more times by the coin die. By striking it more than once the metal is forced into all the crevices of the die, thereby giving a very fine detail to the image on the coin. This fine detail does not appear on some non-proof coins.
Rarity and the Cost of Proofs
Because of the extra effort, time, labour and production costs in making a proof coin, the respective government mints often sell them at higher prices. In many instances the production of proof coins is limited. The end result is that usually, but not always, a proof coin of the same date will be more expensive than a non-proof uncirculated.