Gold Quarter Ounce 1989 Krugerrand, Coin from South Africa - detailed information

Gold Quarter Ounce 1989 Krugerrand, Coin from South Africa
CoinGold Quarter Ounce 1989 Krugerrand

The Quarter Krugerrand, or quarter-ounce (1/4 oz) Krugerrand gold coin, is part of the extensive range of Krugerrand coins which has its beginning in 1967 and is produced by Rand Refinery together with the South African Mint. The original (one ounce gold) Krugerrand is the first modern bullion coin.

Although gold Krugerrand coins have no face value, they are considered legal tender in South Africa; however, unlike bullion coins issued by other countries, their legal tender denomination - also known as face value - is not fixed and varies depending on the current price of gold, so is not inscribed on the coin.

Initially, the coin was only issued in this one format: one ounce of gold. The range was gradually expanded though and now includes also a massive fifty ounces (50 oz) gold coin, five ounces (5 oz) gold, two ounces (2 oz) gold, half ounce of gold, quarter ounce of gold, one tenth of an ounce of gold, twentieth-ounce (1/20th oz) gold and fiftieth ounce (1/50th oz) gold, a platinum ounce plus two ounces silver and one ounce silver.

The composition of the gold versions is the same as the British Gold Sovereign coin, being 22-carat gold alloyed with copper (91.67% gold, 8.33% copper), making the coins redder in colour compared to other coins alloyed with silver, as well as harder and more resistant to scratches. The coin is heavier than a quarter ounce, so as to have exactly one quarter of an ounce actual gold weight (0.250 oz AGW).

Paul Kruger - depicted on the obverse - was affectionately known as "Oom Paul" (uncle Paul), one of the highest designations anyone can be given in South Africa. His portrait was designed long before the Krugerrand was first minted, and was originally used on Boer coins. When the gold finds in Transvaal gave them the opportunity to start minting their own coins, president Kruger requested a law to found a national bank, which also stated that South African money should be modelled after British money. Since the country did not have a mint, they assigned the task of minting the first Zuidafrikaanse Ponde (South African Pond, or Pound) to the Berlin Mint. Thus Berlin medallist Otto Schultz designed them in 1892 and his effigy of Kruger is still used today.

The reverse of the Krugerrand, designed by Coert Laurens Steynberg in 1967, shows a Springbok antelope, South Africa's national animal.

MintMint markTotal Mintage
Rand Refinery No mint mark 8,941
Gold Reef City Mint Letters GRC 318
Obverse
South Africa / Gold Quarter Ounce 1989 Krugerrand - obverse photo

The obverse of the coin depicts a portrait of Paul Kruger, President of the South African Republic (or Transvaal) from 1883 to 1900, facing left.

Around above, the legend SUID-AFRIKA · SOUTH AFRICA. Suid-Afrika is the name of South Africa in Afrikaans, which was the only official language of the country apart from English at the time the coins were initially issued.

Obverse Inscription SUID-AFRIKA · SOUTH AFRICA
Reverse
South Africa / Gold Quarter Ounce 1989 Krugerrand - reverse photo

The reverse shows at its centre a Springbok antelope, the national animal symbol of South Africa, which divides the date: 1989.

Around above, the name of the coin: 1/4 KRUGERRAND.

Around below, the composition and weight in Afrikaans and English: FYNGOUD 1/4 OZ FINE GOLD.

The designer's initials CLS (for Coert Laurens Steynberg) are in the right field between the letters OL of GOLD and the ground under the Springbok.

Reverse Inscription 1/4 KRUGERRAND 1989 FYNGOUD 1/4 OZ FINE GOLD
EdgeMilledEdge InscriptionNone
Notes

5,943 uncirculated coins and 2,998 proofs from the Rand Refinery (no mint mark), plus 835 proofs from the Gold Reef City Mint (GRC mint mark).

Gold Quarter Ounce 1989 Krugerrand: Known varieties
Variety Proof
Images South Africa / Gold Quarter Ounce 1989 Krugerrand / Proof - obverse photo South Africa / Gold Quarter Ounce 1989 Krugerrand / Proof - reverse photo
Mintage Issued: 2,998 (included in total)
Details

Proof coins have finer reeding (220 edge serrations), while the regular coins have coarser reeding (180 serrations).

Variety Proof with GRC mint mark
Mintage Issued: 318 (included in total)
Details

GRC mint mark, for the Gold Reef City Mint in Johannesburg, on the reverse between the YN of FYNGOUD and the ground under the Springbok.

Gold Quarter Ounce 1989 Krugerrand: References to Information Used
SourceEditionAboutLinkNotes
South African Mint Mintage link
All (54) Coins of Country: South Africa, Type: Gold Quarter Ounce (1/4 oz)
Coin NameMintageSymbolLegend
Gold Quarter Ounce 1980 Krugerrand 533,878 Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 1981 Krugerrand 726,428 Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 1982 Krugerrand 1,269,168 Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 1983 Krugerrand 63,687 Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 1984 Krugerrand 502,971 Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 1985 Krugerrand 593,893 Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 1986 Krugerrand 8,613 Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 1987 Krugerrand 6,050 Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 1988 Krugerrand 8,808 Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 1989 Krugerrand 9,259 Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 1990 Krugerrand 2,750 Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 1991 Krugerrand 1,626 Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 1992 Krugerrand 1,629 Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 1993 Krugerrand 3,061 Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 1994 Krugerrand 40,621 Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 1995 Krugerrand 13,980 Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 1996 Krugerrand 1,853 Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 1997 Krugerrand 1,470 Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 1998 Krugerrand 5,638 Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 1999 Krugerrand 36,834 Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 2000 Krugerrand 37,482 Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 2001 Krugerrand 18,289 Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 2002 Krugerrand 15,442 Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 2003 Krugerrand 16,368 Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 2004 Krugerrand 4,570 Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 2005 Krugerrand 5,871 Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 2006 Krugerrand 12,846 Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 2007 Krugerrand 10,884 Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 2008 Krugerrand 18,616 Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 2009 Krugerrand 45,716 Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 2010 Krugerrand 40,883 Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 2011 Krugerrand unknown Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 2012 Krugerrand unknown Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 2013 Krugerrand unknown Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 2014 Krugerrand unknown Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 2015 Jackal unknown SOUTH AFRICA 2015
Gold Quarter Ounce 2015 KBR - Mountains unknown SOUTH AFRICA 2015
Gold Quarter Ounce 2015 KBR - Species unknown SOUTH AFRICA 2015
Gold Quarter Ounce 2015 Griqua Town unknown Coat of Arms of South Africa SOUTH AFRICA 2015
Gold Quarter Ounce 2015 Krugerrand unknown Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 2016 CWCBR - North unknown SOUTH AFRICA 2016
Gold Quarter Ounce 2016 CWCBR - South unknown SOUTH AFRICA 2016
Gold Quarter Ounce 2016 Hyena unknown SOUTH AFRICA 2016
Gold Quarter Ounce 2016 Cheetah unknown Coat of Arms of South Africa SOUTH AFRICA 2016
Gold Quarter Ounce 2016 Krugerrand unknown Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 2017 Springbok 2,300 SOUTH AFRICA · 2017
Gold Quarter Ounce 2017 Krugerrand unknown Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 2018 UNESCO - Rock Art 300 SOUTH AFRICA 2018
Gold Quarter Ounce 2018 UNESCO - Rhino 300 SOUTH AFRICA 2018
Gold Quarter Ounce 2018 Rise of the Dinosaurs 2,300 RISE OF THE DINOSAURS SOUTH AFRICA MMXVIII ARCHOSAURIA
Gold Quarter Ounce 2018 Krugerrand unknown Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 2019 Homo Ergaster 1,000 CRADLE OF HUMANKIND SOUTH AFRICA MMXIX HOMINIDS
Gold Quarter Ounce 2019 Krugerrand unknown Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Gold Quarter Ounce 2020 Krugerrand unknown Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
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Gold Quarter Ounce 1989 Krugerrand: Details
CountrySouth Africa
CurrencyRand
Coin TypeGold Quarter Ounce (1/4 oz) Krugerrand
Issued1989
SymbolPaul Kruger by Otto Schultz
Face ValueVaries (x Rand)
Circulation Mintage5,943
Total Mintage9,259
CurrentYes
Material0.917 Gold
DesignerCoert Steynberg, Otto Schultz
TechnologyMilled (machine-made)
ShapeRound
OrientationMedal Alignment (Axis 0)
Size (mm)22.0600
Thickness (mm)1.8880
Mass (g)8.4820
OCC IDANMQ-OPYC-VMDZ-EJYG
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Gold Quarter Ounce 1989 Krugerrand: Photos
ImageDetails
1989 Proof Quarter Ounce Gold Krugerrand
Copyright: Bullion by Post
Notes: Proof.
Source
1989 Proof Quarter Ounce Gold Krugerrand
Copyright: Bullion by Post
Notes: Proof.
Source
Gold Quarter Ounce 1989 Krugerrand: Catalogue Reference IDs
SourceReference ID
Friedberg, Gold Coins of the WorldSouth Africa Fr-15
Krause, Standard Catalog of World CoinsSouth Africa KM# 106