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


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Updated on 03/11/2024

South African
Gold Krugerrand

1967 to Present



paul kruger

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

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

South Africa began minting the Gold Krugerrand in 1967.

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.




Where You Can Buy Gold Krugerrand
from one of our Reputable Dealers




Design of the
South African Gold Krugerrand



Obverse

1oz Gold Krugerrand bullion coin - obverse side

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

Inscriptions:

  • SUID - AFRIKA - South Africa written in Afrikaans, the native language of South Africa
  • SOUTH AFRICA - South Africa written in Enlish







Reverse

2019 1oz Gold Krugerrand bullion coin - reverse side

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

Inscriptions:

  • CLS - Coert Stevnberg's initials 
  • KRUGERRAND
  • Year of Issue - divided on both sides of the Springbok Antelope
  • FYNGOUD 1OZ FINE GOLD" - representing the Gold Krugerrand's weight and fineness in Afrikaans and English. 




History of the
Gold Krugerrand



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.

South Africa began minting the Gold Krugerrand in 1967.

For the first three years of production, the South African Mint minted only 40,000 of the Gold Krugerrand; the bullion coin wasn't mass produced until 1970.

In the late 1980s, South Africa's policy of apartheid brought economic sanctions against the country from many Western countries, which made the Krugerrand illegal to import.

In 1994, South Africa's international sanctions were lifted when they abandoned apartheid. The Krugerrand regained its status as one of the world's leading gold bullion coins.

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






0_Header - Affiliated Bullion Dealers - UNIVERSAL

Purchase
Gold Krugerrands

from the Reputable Bullion Dealers below.



The Links below will take you directly to

the page described.




BGASC

South African Gold Krugerrand

BuyGoldandSilverCoins - 4.8 star Customer Reviews

Free Shipping on Orders $199 and up






Money Metals Exchange

South African Gold Krugerrand

Money Metals Exchange - Better Business Bureau Review

Free Shipping on Orders $199 and up






SD Bullion / Silver Doctors

South African Gold Krugerrand

SD Bullion - 4.8 star Customer Reviews

Free Shipping on Orders $199 and up






SilverGoldBull

South African Gold Krugerrand

SD Bullion - 4.8 star Customer Reviews

Free Shipping on Orders $199 and up






Walmart

South African Gold Krugerrand


Shipping prices varies by item

Walmart - Customer Reviews





Universal Coin

South African Gold Krugerrand

Universal Coin - Better Business Bureau Review link

Free Shipping on Orders $199 and up



Notice


  • No Personal Information is Obtained by this guide when you visit any of the merchants above.
  • Information is obtained only when you make a purchase, and that is between you and the merchant only.
  • See this guide's Affiliate Disclosure page for more information; here)





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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



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