Gold Krugerrand Coins

Gold Krugerrand Coins

The Gold Krugerrand is one of the world’s most recognized gold bullion coins, produced by the South African Mint in partnership with the Rand Refinery. First issued in 1967, it was the world’s first modern gold bullion coin and remains one of the most widely traded gold coins globally.

Gold Krugerrand Coin Features

• Contains 1 troy ounce of 22-karat gold (91.67% gold, copper alloy for durability)
• Legal tender of South Africa, issued without a face value
• Guaranteed for gold weight and purity by the South African Mint
• Trades based directly on the live gold spot price
• One of the most liquid and globally recognized gold bullion coins
• Easy to buy, sell, and trade worldwide

History & Design

The Gold Krugerrand was first minted on July 3, 1967, during a period when South Africa was the world’s leading gold producer. The coin was developed by the South African Mint, South African Reserve Bank, and the Chamber of Mines to promote private gold ownership worldwide.

A defining feature of the Krugerrand is that it was issued without an explicit face value, ensuring its value would always reflect its gold content and the global gold price. It was also the first gold bullion coin denominated in one troy ounce, a standard later adopted by many other sovereign mints.

The obverse features Paul Kruger, former President of the South African Republic, while the reverse depicts the Springbok antelope, a national symbol of South Africa.

Fractional sizes (½ oz, ¼ oz, and 1/10 oz) were introduced in 1980, expanding accessibility to a broader range of buyers. Over 50 million Gold Krugerrands of all sizes have been minted, cementing the coin’s place as a cornerstone of the global bullion market.

Delivery & Secure Storage

Gold Krugerrand coins can be shipped securely and discreetly, with full insurance, tracking, and adult signature requirements. Kitco also offers allocated, non-bank gold storage, where coins are fully insured, segregated, and recorded as your direct property.

Buy Gold Krugerrand Coins from Kitco

Choosing a trusted precious metals dealer matters. Kitco has been buying and selling precious metals since 1977, offering transparent pricing tied to live markets, secure delivery, and professional customer support for gold buyers worldwide.

For assistance with buying or selling gold, contact our Customer Service team at info@kitco.com, 1-877-775-4826 (U.S. & Canada), or 1-514-313-9999 (Worldwide).