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South African Krugerrand

5.00 out of 5 based on 1 customer rating
(1 customer review)

$1,468.14

South African Krugerrand Overview

The South African Mint, maker of the Krugerrand, is never in short supply of gold, as South Africa is the world's second largest producer of gold, recently overtaken by China. The last name of the first President of the South African Republic, Paul Kruger, featured on the coin, is the origin of the coin's name.

Krugerrands do not have a face value but are denominated in ounces of pure gold. As with all legal tender coins, they do not need to be assayed or melted down upon resale, and are internationally recognized. There are over 54 million Krugerrands in circulation.

South African Krugerrand Design

The obverse of the Krugerrand, designed by O. Schultz, features the first President of the South African Republic, Paul Kruger. Kruger is surrounded by the name of his nation in Afrikaans and English, two of South Africa's eleven official languages: SUID-AFRIKA and SOUTH AFRICA.

The reverse, designed by C.L. Steynberg, features a leaping South African antelope and lists the date of issue and the amount and purity of the gold. The Krugerrand does not carry a face value, as it is primarily minted for trading outside South Africa.

Additional information

Gold Content

1.0003 oz.

Gross Weight

33.930g

Composition

91.667% gold, 8.333% copper

Coin Diameter

32.70mm

Mint Dates

1967 – present

1 review for South African Krugerrand

  1. 5 out of 5

    Love doing business with very common sense, down-to-earth, honest, reliable business people.

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