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Looking for a trusted gold coin with real value and history?
The Krugerrand Gold Coin is one of the most famous gold coins in the world. It has been around for over 55 years and is known for wealth, strength, and South Africa’s rich past. Its strong history makes it a favorite for collectors and investors around the world.
There are many famous gold coins like American Eagles and Gold Britannias. The Krugerrand, however, has a special place in history. When South Africa faced trade bans, the British Gold Britannia took its place. But the Krugerrand still stayed popular.
So, what makes this coin so special?
The South African Krugerrands were first made in 1967. It is a gold coin (also in silver since 2017), made by the South African Mint and Rand Refinery. The name “Krugerrand” comes from President Paul Kruger and “rand,” the country’s money.
Did you know?
The Krugerrand was the world’s first modern gold coin made for regular people to own gold.
In the 1970s and 1980s, some countries banned Krugerrands due to South Africa’s apartheid policies. After apartheid ended, the coin became popular again. You can now buy these valuable 1 oz gold Krugerrands and similar silver coins at BOLD Precious Metals. Adding Krugerrands to your collection or investment can bring value and security.
Gold is a smart choice for people who want to protect their money. The South African Gold Krugerrand is one of the most traded and trusted gold coins worldwide. It has a long history, high gold content, and is easy to buy and sell. The gold Krugerrand prices are one of the factors that make investors hesitate, but the gold coin compensates for it with its quality and everlasting demand. The Silver Krugerrand also attracts many investors.
Gold helps protect your money when the economy is not stable. Unlike paper money, gold keeps its value. The Gold Krugerrand is especially trusted because of its history and strong demand. Whether you're new or experienced, it’s a great way to add real value to your investments.
Krugerrands are made by the South African Mint, which is owned by the government and works with the South African Reserve Bank. The coin shows a picture of President Paul Kruger, a symbol of the country’s past. With over 130 years of experience, the Mint makes high-quality coins. You can buy and sell Krugerrands with full trust.
Krugerrands are made in large numbers each year, and over 50 million ounces of gold Krugerrands have been sold. This makes it one of the most traded gold coins globally. Its success helped other countries like the USA and UK start making their own gold coins.
Krugerrands are made of 22-karat gold (91.67% pure gold mixed with 8.33% copper). The copper gives it an orange color and makes the coin harder and less likely to scratch. This makes it perfect for keeping long-term.
Gold is known for keeping its value when prices rise. Krugerrands are pure, easy to sell, and well-known. That’s why many investors use them to keep their money safe from inflation.
Krugerrands come in different sizes—1 oz, 1/2 oz, 1/4 oz, and 1/10 oz—so you can buy the one that fits your budget. Even though they are legal tender in South Africa, the Krugerrand coin price is determined by their gold content.
The Krugerrand was created in 1967 by South Africa to promote its gold. It was designed by Otto Schultz and shows Paul Kruger on one side and a springbok antelope on the other. It was the first gold coin made for the public to buy and quickly became popular.
Its success encouraged other countries to make gold coins like the Gold Maple Leaf and American Gold Eagle. The design has stayed mostly the same, which helps it stay one of the top coins in the world.
Front Side (Obverse):
This side shows Paul Kruger, the president of the old South African Republic. It shows the country’s rich past. You’ll see the words “SUID-AFRIKA” and “SOUTH AFRICA.” The name “Krugerrand” combines “Kruger” and “rand.”
Interesting Fact:
The Krugerrand was initially conceived as a “working man’s coin,” intended to make gold ownership accessible to the general public. Its robust 22-karat gold composition made it durable enough for everyday circulation.
Back Side (Reverse):
This side shows a springbok antelope jumping across the land. You’ll also see the word “KRUGERRAND,” the year it was made, and how much gold it contains (e.g., “FYNGOUD 1 OZ FINE GOLD”). The coin’s design has stayed the same with small updates.
The Krugerrand family was first released as a 1 oz gold coin, but due to its enormous success, it was enlarged in 1980, and the South African Mint created fractional versions.
These variants include limited-edition proof coins, which are still produced today, as well as 1/2 oz, 1/4 oz, and 1/10 oz coins. This diversity guarantees that these esteemed currencies are accessible to investors with varying goals and financial constraints. Despite having a nominal face value, each Krugerrand's intrinsic value is closely correlated with the current market value of the gold it contains.
| Specifications of American Gold Eagle Coins | |||||
| Weight | Purity | Actual Gold Weight (AGW) | Total Weight | Diameter | Thickness |
| 1 troy ounce | .9167 | 31.103 grams | 33.93 grams | 32.77 mm | 2.84 mm |
| 1/2 troy ounce | .9167 | 15.552 grams | 16.96 grams | 27.07 mm | 2.215 mm |
| 1/4 troy ounce | .9167 | 7.776 grams | 8.48 grams | 22.06 mm | 1.888 mm |
| 1/10 troy ounce | .9167 | 3.110 grams | 3.39 grams | 16.55 mm | 1.35 mm |
Gold coins like the Krugerrand are popular because they have a lot of gold and are easy to sell. Each coin is 22-karat gold with one full troy ounce of pure gold. The South African Mint checks each coin for weight and gold content. You can also buy smaller versions of the coin.
Other good gold coins include the Gold Maple Leaf and the American Gold Eagle. But the Krugerrand remains one of the most trusted and well-known coins. It’s a good choice whether you're buying or selling.
The South African Mint was started in 1890. In 1989, it became part of the South African Reserve Bank. Besides Krugerrands, it makes other special coins, like the “Big Five” that feature wild animals from South Africa.
Krugerrands are made together with Rand Refinery, which also holds the rights to the “Krugerrand” name. Rand Refinery is one of the largest gold refineries in the world.
In the past, many countries stopped importing Krugerrands to protest South Africa’s apartheid system. These bans ended in the early 1990s when apartheid was over. After that, Krugerrands became popular again.
Always buy and sell gold safely. Use trusted dealers and secure methods.
The cost of gold Krugerrand depends mostly on the current gold price. Dealers also add a small extra cost to cover their services. As of May 2025, the 1 oz Krugerrand’s value is based on today’s gold price plus this extra fee. The price may also change based on the coin’s size, condition, or if it’s a special version. Check BOLD Precious Metals for current prices.
BOLD Precious Metals offers Krugerrands at great prices. With over nine years of experience, we are known for being honest and helpful. Our website is easy to use, and our support team is here to help.
Want to sell your Krugerrands? We offer a safe and simple process with top prices.
Explore our selection of Gold Krugerrands and other sought-after South African Mint bullion coins at BOLD Precious Metals today. Fortify your investment portfolio with these timeless assets.
For any concerns or queries, feel free to call or email us.
Phone: 1-(866)454-BOLD
Email: [email protected]
