Certified Gold Krugerrand Coins

About the South African Certified Gold Krugerrand Coin

South African Gold Krugerrands are one of the most highly sought-after gold bullion products on the gold coin market. First issued in 1967, the coins gained instant and widespread attention, by 1980, Gold Krugerrands accounted for more than 89% of gold coins available in the industry. Yet, some countries declared the import of these coins illegal, due to their association with the apartheid government of South Africa. Despite this restriction over 22 million Gold Krugerrands were imported to the United States of America between 1974 and 1985. The production of these coins varies from year to year, from 1 million editions to 23,000 editions. This is why Certified South African Krugerrands of limited editions are very rare to find and highly desired by passionate numismatists.

The name of the Krugerrand coins is a combination of the “rand” name of the South African currency, which comes from the gold discovery in Witwatersrand in 1886, and “Kruger” which is the name of the South African President, Paul Kruger. These famous historical coins are considered to be international symbols of prestige and luxury, so a Certified Gold Krugerrand will definitely be a valuable acquisition for your investment portfolio.

Certified Gold Coins are coins that have been authenticated by well-known coin grading companies, such as PCGS and NGC. Each coin that is certified by one of these companies is thoroughly examined according to its quality and condition before receiving its grade and certificate. The most highly graded Certified Gold Coins have grades between 65 and 70, meaning that they either have a few blemishes which can be noticed under 5x magnification or, in the case of 70-graded ones, have no tear or wear marks at all. The Certified Gold Krugerrands with 69 and 70 grades are very rare, especially the backdated issues with limited mintage quantities, so finding a coin with this grade designation can be considered pure luck and a highly valuable acquisition for your investment portfolio.

Main Sizes of the South African Certified Gold Krugerrand Coins

The first South African Gold Krugerrand Coin was released in 1967 with its size being 1 troy ounce. In 1980, to the Krugerrand series, were also added the fractional options of ½ oz., ¼ oz., and the 1/10 oz. coins. Since the mintage of these Gold Krugerrands varies from year to year, some of the Certified Krugerrands of particular weights are very rare. Krugerrand Gold Coins are made of .9167 22-karat pure gold. The remaining content of the coin is made of copper, which makes the gold coin more durable and harder. This is why you can still find Certified Gold Krugerrands of early editions that don’t have any dents or scratches. Also, for this reason, the Certified and, therefore, regular and proof Gold Krugerrands have a slightly more orange color than the regular gold coins that are made of silver alloy.

The Design of the South African Certified Gold Krugerrand Coin

The iconic design of these highly valuable Certified Gold Krugerrands has garnered several worldwide prizes. The obverse side of the coin depicts the portrait of Paul Kruger, one of the Presidents of South Africa. The design of this portrait belongs to the famous engraver Otto Schultz. On the reverse side of the coin is represented the image of the springbok gazelle, the most popular national symbol of South Africa. The springbok antelope is depicted in its natural habitat of dry savannahs. The springbok is the South African rugby team’s mascot. The reverse side design belongs to the well-known South African sculptor, Coert Steynberg. This design has been used for the 5-shilling coin which was released in 1947 in celebration of the British Royal family’s visit to Africa. On the coin is also engraved its name and the name of the country in Afrikaans and English, as well as the coin’s weight and purity marks. The South African Gold Krugerrand does not contain any engravings of its face value since its price is established according to the gold spot price.

If you have any questions about these rare Certified South African Gold Krugerrand Coins, please do not hesitate to contact us at 800.852.6884. You can also reach a Bullion Exchanges customer service associate online through the use of our live chat feature, or by email at info@bullionexchanges.com.