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South African
Gold Krugerrand

1967 to Present



paul kruger

The Gold Krugerrand is the World's most circulated gold bullion coin.

The gold bullion coin gets its name from the popular four-term President of the old Republic of South Africa, Paul Kruger 1883 - 1900 (pictured), and the Rand, the South African currency.

In 1966, the South African Reserve Bank, gave authorization to the Rand Refinery Ltd. to manufacture gold blanks and the South African Mint to strike the blanks into Krugerrand gold bullion coins.




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Coin Info
1 oz., 1/2 oz., 1/4 oz.,& 1/10 oz.






Mintage Figures





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Design of the
South African Gold Krugerrand




Obverse

gold krugerrand obv

The obverse side of the South African Gold Krugerrand displays the portrait of Paul Kruger.

"SUID~AFRIKA" is inscribed along the inner perimeter of the gold bullion coin.

The language is Afrikaans, the native language of South Africa.

In addition, the English pronunciation "SOUTH AFRICA" is also inscribed on obverse side of the gold coin.








Reverse

gold krugerrand rev

The Reverse side of the Gold Krugerrand features the Springbok Antelope, one of the national symbols of South Africa.

Coert Steynberg designed the reverse side of the coin.

His initials "CLS" can be found directly above the word "GOLD" under the Springbok Antelope.

"KRUGERRAND" is inscribed along the top of the coin.

The year of issue is shown broken in half and displayed on both sides of the Springbok Antelope.

Inscribed at the bottom are the words "FYNGOUD 1OZ FINE GOLD" representing the Gold Krugerrand's weight and purity, in both the Afrikaans and English languages..






History of the
Gold Krugerrand




The first Gold Krugerrand coins were minted in 1967.

For the first 3 years of production, the South African Mint only minted 40,000 of the Gold Krugerrand each year, they didn't start to mass produce the Krugerrand in until 1970.

In the 1970's and 1980's, South Africa's policy of apartheid brought along economic sanctions against the country which made the Krugerrand an illegal import in many Western countries.

In 1994, South Africa abandoned apartheid, shortly after the sanctions were lifted, the Krugerrand regained its status as one of the world's leading gold bullion coin.

krugerrands







1 oz. Gold Krugerrand
Coin Information




Introduction:.......1967

IRA Approved:.....No

Grade:................Uncirculated

Face Value:.........None

Gold Content:......1 troy oz.

Total Weight:......33.93 grams

Purity:................0.9167

Karat:.................22 karat

Diameter:...........32.77mm

Thickness:...........2.84mm

Designers:...........Otto Schultz (obverse) & Coert Steynberg (reverse)

Mint Mark:...........No

Edge:..................Reeded







1/2 oz. Gold Krugerrand
Coin Information




Introduction:.......1980

IRA Approved:.....No

Grade:................Uncirculated

Face Value:.........None

Gold Content:......0.5 troy oz.

Total Weight:......16.965 grams

Purity:................0.9167

Karat:.................22 karat

Diameter:...........27.07mm

Thickness:..........2.215mm

Designers:..........Otto Schultz (obverse) & Coert Steynberg (reverse)

Mint Mark:...........No

Edge:.................Reeded







1/4 oz. Gold Krugerrand
Coin Information




Introduction:......1980

IRA Approved:.....No

Grade:................Uncirculated

Face Value:........None

Total Weight:......8.482 grams

Purity:................0.9167

Karat:.................22 karat

Diameter:...........22.06mm

Thickness:..........1.888mm

Designers:..........Otto Schultz (obverse) & Coert Steynberg (reverse)

Mint Mark:..........No

Edge:.................Reeded







1/10 oz. Gold Krugerrand
Coin Information




Introduction:......1980

IRA Approved:....No

Grade:...............Uncirculated

Face Value:........None

Total Weight:.....3.393 grams

Purity:...............0.9167

Karat:................22 karat

Diameter:..........16.55mm

Thickness:.........1.35mm

Designers:.........Otto Schultz (obverse) & Coert Steynberg (reverse)

Mint Mark:.........No

Edge:................Reeded







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1oz. & Fractional
S. African Gold Krugerrand
Mintage Figures
:




Year...........1 oz.........1/2 oz.........1/4 oz.............1/10 oz


1967.........40,000


1968............40,000


1969............40,000


1970..........211,018


1971..........550,200


1972..........543,700


1973...........859,300


1974.........3,203,675


1975.........4,803,925


1976.........3,004,945


1977.........3,331,344


1978.........6,012,293


1979........4,940,755


1980........2,845,872.......245,096.......353,916.........856,011


1981........3,108,968.......257,063.........844,737.......1,108,331


1982........2,179,120.......222,044.......695,755........1,017,192


1983.........3,169,200.......227,435........545,292.........741,222


1984.........2,305,128.......197,438.........622,813........755,988


1985...........609,837.........98,783.........354,964.........382,137


1986............698,600.........17,134..........15,044..........81,451


1987..........312,177.........10,398.............8,806..........53,628


1988..........307,612..........3,214.............8,418..........54,058


1989..........308,923..........4,254.............6,513..........40,875


1990..........286,808..........3,996.............6,980..........52,225


1991............42,334..........2,678.............5,815..........44,206


1992............50,630..........4,366.............7,601..........55,440


1993..........163,909.........14,156...........19,663..........72,477


1994..........278,815........17,709.............22,091..........87,814


1995.............8,285........17,694..............15,459.........43,159


1996...........17,163...........2,488...............7,867.........36,035


1997...........12,199..........10,746............12,889..........39,664


1998............12,703...........7,984............14,174..........30,386


1999...........21,845..........23,738............28,671..........50,098


2000............6,657............2,593..............2,517..........19,567


2001............33,406...........3,337..............5,846..........21,938


2002............85,841...........2,724..............4,464..........13,420


2003............41,995............2,363..............4,279...........7,315


2004..............87,794..........2,847.................604.............868


2005..............27,570..........6,338..............8,141.........21,560


2006...............50,790..........9,576..............8,645........14,743


2007..............194,451..........11,775...........3,890..........8,769


2008..............256,288..........10,999..........13,685.........14,681


2009..............731,262..........40,071..........37,325.........83,181


2010..............613,870..........25,714..........39,244.........58,731


2011..............722,938..........32,718..........35,025..........79,151


2012..............716,295..........50,035..........41,659.........80,102


2013..............833,261..........27,613..........29,779.........73,059


2014....................na................na...............na...............na


2015....................na................na...............na...............na


2016....................na................na...............na...............na


2017....................na................na...............na...............na


2018....................na................na...............na...............na


2019....................na................na...............na...............na


2020....................na................na...............na...............na


2021....................na................na...............na...............na


2022....................na................na...............na...............na


2023....................na................na...............na...............na


na= not available

At this time, the South African Mint only releases the mintage figures for the proof version of its Gold Krugerrand.  



Gold Krugerrand Mintage Sources:




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