Homepage / Bullion Coins: S. African Bullion / South African Krugerrand Gold Coin

South African
Gold Krugerrand

1967 to Present

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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Where You Can Buy
South African Gold Krugerrands

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Mintage Figures

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Design of the
South African Gold Krugerrand

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Obverse

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.

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Reverse

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..

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History of the
Gold Krugerrand

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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.

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1 oz. Gold Krugerrand
Coin Information

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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

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1/2 oz. Gold Krugerrand
Coin Information

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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

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1/4 oz. Gold Krugerrand
Coin Information

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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

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1/10 oz. Gold Krugerrand
Coin Information

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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:

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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

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