Uncover the timeless elegance of the 2024 Proof South African Krugerrand 1/50 oz Gold Coins, now available on Provident Metals! As the oldest major bullion series globally, the Gold Krugerrand, introduced in 1967, holds a unique place in the hearts of collectors and investors alike. Highlights: Secured in an individual protective plastic capsule! Marks the 58th ...Read More
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The South African Krugerrand is the most widely owned gold bullion coin in the world, representing 46 million ounces since its introduction in 1967. The purpose of the original issue was to encourage individual ownership of gold, and it must be said that this objective has clearly been met by the Krugerrand. The coins were intended to be used as currency in South Africa, a...Read More
Introducing the captivating 2024 South African Krugerrand 1/10 oz Gold Coin, now available at Provident Metals! These coins, first introduced in 1967 to encourage personal gold ownership, hold a special place in South African history. Highlights: Each coin is carefully housed in protective flips or plastic tubes containing 50 coins! This release marks the 58th e...Read More
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Any quantity available for $12.14 per coin over spot!
In the months and years following the August 2012 shootings at South Africa's Marikana platinum mine, the world is casting an anxious eye on one of the most beautiful and historically turbulent republics in the world--along with its precious metals. Likewise, Provident Metals carries a variety of the country's precious metal coins, i...Read More
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As low as $87.16 per coin over spot!
The South African Krugerrand is the most widely owned gold bullion coin in the world, representing 46 million ounces since its introduction in 1967. The purpose of the original issue was to encourage individual ownership of gold, and it must be said that this ...Read More
Introducing the 2024 South African Krugerrand 1/4 oz Gold Coin, now available at Provident Metals. These unique coins have a history spanning more than a decade. Initially, the South African Mint exclusively offered 1 oz gold coins as South African Gold Krugerrands. However, in 1980, they responded to the series' popularity by introducing smaller coins like the 1/4 oz gold...Read More
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The South African Krugerrand is the most widely owned gold bullion coin in the world, representing 46 million ounces since its introduction in 1967. The purpose of the original issue was to encourage individual ownership of gold, and it must be said that this objective has clearly been met by the Krugerrand. The coins were intended to be used as currency in South Africa, a...Read More
Introducing the 2024 South African Krugerrand 1/2 oz Gold Coins, now available at Provident Metals! The South African Krugerrand coin made its first appearance in 1967, but it was only in the 1 oz size back then. Jump ahead to 1980, and they added smaller choices for investors, like the 1/2 oz Gold Krugerrand. Highlights: Comes in a protective flip or a plastic tub...Read More
As low as $46.89 per coin over spot!
The South African Krugerrand remains one of the world’s most beautiful and sought-after gold coins. Introduced in 1967, the South African Krugerrand was released by the South African Mint and Rand Refinery with a 1 oz gold coin as the......Read More
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As low as $55.39 per oz over spot!
The South African Krugerrand is the most widely owned gold bullion coin in the world, representing 46 million ounces since its introduction in 1967. The purpose of the original issue was to encourage individual ownership of gold, and it must be said that this ...Read More
As low as $55.39 per oz over spot!
Explore the captivating world of the South African Krugerrand - the oldest gold coin series globally. Released in 1967, these coins have stood the test of time, and now you have the chance to own the 2024 South African Krugerrand 1 oz Gold Coins, available at Provident Metals. Highlights: Each coin is carefully packaged in pr...Read More
As low as $63.89 per oz over spot!
While the South African Krugerrand 1 oz Gold Coin is no longer the dominant gold bullion coin globally, it still maintains a strong presence in the market and in the minds of gold investors around the globe. Produced by the......Read More
The South African Krugerrand Series is the oldest modern gold bullion collection. Introduced in 1967, the gold coins in this series were never intended for use in circulation, though each coin does have legal tender status in the Republic of South Africa. The coins of this series are highly sought-after by investors and recognized for the quality of the design and production. Highlights: Arrives with individual protective plastic flips or...Read More
This exclusive coin release from 1976 is perfect for any coin collector who enjoys gold bullion products. While this coin does not hold monetary value, it is still considered a special South African product produced by the Mint in that country and remains a wonderful collectible for any coin collection. Right now, the 1976 South African Krugerrand 1 oz Gold Coin can be purchased from this listing at Provident Metals. Coin Highlights: Coin...Read More
There are few gold coins in the world as popular and sought-after as the South African Krugerrand. Introduced in 1967 and expanded in 1980, the Krugerrand remains a popular choice around the world even though more options exist in the 21st century and economic boycotts in the 1980s curtailed demand around the world. Provident Metals now has 1982 South African Krugerrand 1 oz Gold Coins available to purchase online. Highlights: Arrives wit...Read More
The South African Mint and Rand Refinery have teamed up on the issue of South African Krugerrand coins since 1967. The gold bullion coins are named for Paul Kruger, former President of the South African Republic, and the modern fiat currency of the Republic of South Africa, the Rand. Provident Metals now has 1983 South African Krugerrand 1 oz Gold Coins available to purchase online. Highlights: Arrives with an individual plastic flip! ...Read More
Any quantity available for $86.59 per oz over spot!
Developed in 1967 to promote the gold reserves and bullion of South Africa, the Krugerrand is the world’s oldest gold bullion coin series still in production today. Introduced with a 1 oz gold coin in 1967, the South African Krugerrand has since grown to include fractional-ounce gold coins and a 1 oz silver coin. Provident Metals n...Read More
The South African Krugerrand 1 oz Gold Coin was introduced in 1967 by the South African Mint as a vehicle for private gold ownership. The nation issued the coins as a means of showcasing its vast natural gold reserves and give people a new means for private gold ownership after most nations had abandoned the gold standard in favor of fiat currencies. Right now, you can buy...Read More
As low as $55.39 per oz over spot!
Regarded as the epitome of gold coins worldwide, the South African Gold Krugerrand stands out prominently. Its introduction dates back to 1967, making it the pioneering series to commemorate an impressive 50-year anniversary. From the very start of its product...Read More
As low as $55.39 per oz over spot!
Discover the captivating South African Krugerrand Gold Coin, a cornerstone in the realm of gold bullion coins. Since its debut in 1967, the Krugerrand Gold Coin has held its place as the premier gold bullion coin for investment purposes. Unlike circulated curr...Read More
Holding both historical and cultural significance even to this day, the South African Gold Krugerrand coin is still considered a hugely popular gold product across the globe. Since its first release many years ago, this coin has been considered the world’s first modern gold bullion coin. Currently, the 1984 South African Krugerrand 1 oz Gold Coin can be purchased right here from Provident Metals. Coin Highlights: Coins arrive packaged i...Read More
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For those around the world who collect or invest in bullion products, they will also love this exclusive coin release for 2008. Originally distributed by the South African Mint, the gold Krugerrand coin is still known today as the first modern gold coin product across the globe. These coins still remain immensely popular even today. Currently, the 2008 South African Krugerrand 1 oz Gold Coin can be purchased online from Provident Metals. Coin ...Read More
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While the South African Krugerrand Gold Coin isn’t as popular as it was once, it still commands a strong presence in the gold bullion coin market globally. The Rand Refinery and South African Mint produced this coin in 1967 to promote the vast gold, precious metal, and gem reserves of the nation. The coin debuted as a 1 Troy oz specimen with 22-karat gold content along w...Read More
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There are several gold bullion coins on the market today, but none have a richer history than the South African Krugerrand Gold Coin. This popular gold coin program was the first of its kind and is still popular to this day. Learn all about the history of this unique coin program, right here at Provident Metals.
These coins were first introduced in 1967 as a means for the South African government to promote the vast gold, precious metal, and gem reserves of the nation. As such, the South African Krugerrand became the first modern gold bullion coin available for private investment. Their name is a combination of former prominent South African leader, Paul Kruger, and the country’s currency, the rand.
The South African Mint and the Rand Refinery made 50,000 Krugerrand Gold Coins in 1967, 40,000 of which were bullion coins and the other 10,000 were proofs. In the 1970s, the Krugerrand Gold Coin became the top choice for investors due to a bull market and it’s estimated that 22 million of these coins were imported to the United States between 1974 and 1985. In 1980, it’s estimated that the Krugerrand Gold Coin accounted for 90% of the global gold coin market.
Even though these coins found their way into the United States, availability was still scarce due to Western economic sanctions. At the time, South Africa was ruled by a minority white government and the system of apartheid in place in the country kept the native black population from gaining control of lands and moving up in society. As a result, Western governments adopted a boycott of South African goods.
Due to this boycott and the continued bull market on gold, other mints such as the Royal Canadian Mint, US Mint, Chinese Mint, and others created their own bullion gold coinage. The South African Krugerrand Gold Coin, despite the aforementioned issues, has still released a new coin annually since 1967.
While the design of these coins has seen some modernizations over the years, the designs of both the obverse and reverse have remained the same since 1967.
The series debuted in 1967 with both a 1 oz bullion coin and a 1 oz proof coin. It wasn’t until 1980 when fractional ounces such as the 1/2, 1/4, and 1/10 oz were made available. Proof coins of each weight were also made available in 1980. These four sizes are still the only sizes available in the series to this day.
While Krugerrand Gold Coins have no face value, they are considered legal tender in South Africa via the South African Reserve Bank Act of 1989.
Questions about South African Krugerrand Gold Coins? Give the Provident Metals customer service team a call at 800-313-3315. Our team is available for any inquiries you may have. We can also be reached via email or through our online chat feature.
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