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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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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 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..
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.
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
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
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
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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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.
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