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South African Gold Krugerrand

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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South African Gold Krugerrands

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Design of the
South African Gold Krugerrand

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.

Reverse

The Reverse side of the Gold Krugerrand features the Springbok (gazelle), 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" on the left face side of the gold bullion coin.

"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.

Inscribed at the bottom are the words "FYNGOUD 1OZ FINE GOLD" representing the Gold Krugerrand's weight and purity.

History of the
Gold Krugerrand

The first Gold Krugerrand coins were minted in 1967, for the first several years the gold coins were produced for collectors - in proof-like fashion.

The South African mint didn't start to mass produce the Krugerrand in bullion form 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.

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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Buy Gold Krugerrands
(from one of the links below)

The Bullion Dealers below are Not Listed in Any Specific Order

"Click Here" for Trust Pilot, Better Business Reviews & other Customer Reviews on the Dealers below.

SDBullion
South African Gold Krugerrand page

GoldenEagle Coins
South African Gold Krugerrand page

GoldenEagle Coins
South African Gold Krugerrand page
(Collector Sets, Proofs, Graded Coins, and Bullion Krugerrands)

BGASC
South African Gold Krugerrand page

Money Metals Exchange
1 oz. South African Gold Krugerrand page

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