South African Gold Krugerrands

Gold Krugerrands have been one of the world’s most popular gold coins for decades. Featuring impressive obverse and reverse designs, the coin is ideal for stackers and collectors alike. 

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South African Gold Krugerrand 1 oz Coin (Random Year)

We always like to include a ‘random year’ option for our most popular coins. Gold Krugerrands are no exception. These coins have been popular with collectors for decades, and the random year option allows investors to save big on premiums while still cashing in on one of the coolest gold coins in bullion history. With this coin, you’ll receive a 1 oz South African Gold Coin minted with .9167 fineness. Because designs for this coin have remained the same throughout its five decades of mintage, expect to see little variation from one year to the next. 

2023 1 oz South African Gold Krugerrand 

This is the latest coin in the South African Gold Krugerrands series. First minted in 1967, the coin was an instant success and even once made up 90% of all gold coin sales. If the numbers don’t speak for themselves, take a look at the designs on this famous gold coin. The obverse features a portrait of Paul Kruger, a controversial but important figure in the history of South Africa. The reverse emphasizes the country’s national animal, the Springbok Antelope. 

2023 1/10 oz South African Gold Krugerrand

Looking for something a bit cheaper? Not all stackers are interested in dropping $2,000 on a single full ounce gold coin. If you’re in the market for a smaller fractional version of South Africa’s most popular gold coin, our 2023 1/10 oz South African Gold Krugerrands are perfect for your growing portfolio. Expect to find the same obverse and reverse images on this coin as you’d see on the full 1 oz weight. Great things come in small packages, and you won’t want to miss out on the fractional South African Gold Krugerrand. 

Buy South African Gold Krugerrands! 

South African Gold Krugerrands were once the most popular gold coin in the world. And it wasn’t even close. For a period of time, the Gold Krugerrand from South Africa’s national mint made up an incredible 90% of all gold coin sales in the world. Talk about dominance! 

A long and complicated history involving embargoes, political squabbles, and collector hoarding led to the coin falling out of favor. But even today, Gold Krugerrands are a staple of most gold bullion stacks across the globe. If you have stacker friends, they probably know all about the Gold Krugerrand. It might be time you add this certified classic to your own collection. 

Scroll up to the top of this page to get a better look at our extensive inventory of competitively priced Gold Krugerrands. But if you need a bit more information about one of the world’s most impressive and historically successful gold coins, read on for a detailed guide about South African Gold Krugerrands. 

History of Gold Krugerrand Coins 

Gold Krugerrands have one of the most fascinating histories in all of precious metals. The first release of this popular series came in 1967 at the hands of the then-unknown South African Mint. The Gold Krugerrand changed the game for gold producers. In just a few years, the coin exploded onto the global scene, peaking at around 90% of the international market for gold bullion coins.

In 1985, prominent governments including the United States banned the import of Gold Krugerrands. Their reasoning had to do with Apartheid, a racially oppressive system that was practiced by the South African government in the 1970s and 1980s. As a result, people panicked and bought up – or sold – all of the Gold Krugerrands they could get their hands on. 

Popularity never really recovered for this gold coin – at least not to its pre-embargo levels. Still, its stunning success directly led to the creation of some of our favorite gold coins, including the Gold Maple Leaf, American Gold Eagle, and the British Gold Britannia.

South African Gold Krugerrand Details 

Before you jump on board to invest in Gold Krugerrands, let’s take a look at some of the key features that help make this coin so popular among collectors. Below, we’ll outline the designs on both faces of the Gold Krugerrand, as well as some popular alternatives.

Obverse Design 

On the front of each South African Gold Krugerrand, you’ll find the familiar face of Paul Kruger. Gold Krugerrand designs haven’t changed much since their initial release in 1967, so his face decorates every coin minted from then until now. Kruger himself is a controversial political figure. To his fans, he’s a tragic hero who did a lot for the cause of South African independence. To critics, his policies played a direct role in the development of the racist apartheid system. 

On this coin, he’s shown in exceptional detail wearing a suit. 

2023 1 oz South African Gold Krugerrand

Reverse Artwork 

The reverse side of South African Gold Krugerrands is quite a bit less controversial. It features another South African symbol – the Springbok Antelope. This is the national animal of South Africa, the country to which it is native. Here, the antelope frolics among South African plants in a natural grasslands landscape. 

Do Silver Krugerrands Exist? 

Silver Krugerrands to exist. The Silver Krugerrand is much newer than its gold counterpart and was first released in 2017. While it doesn’t yet enjoy the popularity of the South African Gold Krugerrand, we find that Silver Krugerrands are a growing staple in many bullion stacker portfolios. 

Why Buy Gold Krugerrands? 

Are Gold Krugerrands worth investing in? To get the inside scoop, we’ll need to take a much closer look at both the pros and cons of buying South African Gold Krugerrands. 

Pros and Cons of South African Gold Coins 

We say this all the time, but it’s worth mentioning here: there are pros and cons to every gold investment. Any dealer who tells you that a given coin or bar has only upsides is misleading you. To help our customers be as informed as possible about our most popular gold coins, we’ll spend some time explaining the advantages and disadvantages to investing in South African Gold Krugerrands below.

Advantages to Investing in South African Gold Krugerrands

We generally find that experts note 3 main advantages to Gold Krugerrands: historical demand, impressive designs, and high collectability. Combined, these benefits make it hard to resist the call of one of the most historically popular gold coins in human history. 

Historical Demand 

Historical demand is an important part of investing. When you put your money on a gold coin, you’re betting that this coin is likely to become more valuable to collectors in the future. While gold bar investments generally hinge on the price of gold itself, coins contain numismatic value. To invest the smart way, try to find coins that might appreciate in collectable value in the future. 

In this respect, Gold Krugerrands never disappoint. Since their creation by the South African Mint in 1967, these have been some of the most popular gold coins on the planet. This history of success on the secondary market makes them a safe bet for most gold stackers. 

Impressive Designs 

Regardless of how you feel about Paul Kruger’s legacy, there’s no denying the aesthetic appeal of the Gold Krugerrand series. On the obverse, Kruger’s portrait invokes the powerful imagery of South Africa’s formative years as a budding nation. The reverse features another national symbol, the African Springbok Antelope. Combined, these intricate, detailed designs paint a picture of the country’s people, culture, and history. 

High Collectability 

These coins are also highly collectable. Because of its historical popularity and significance, the South African Gold Krugerrand is an impressive addition to any collection. These pure gold coins are easy – and addicting – to stack. We don’t blame investors who have put a majority of their investing money into South African Gold Krugerrands. This history of collectability helps cement the Gold Krugerrand as a premier investment vehicle for gold stackers. 

Downsides of Gold Krugerrands 

Gold Krugerrands are not without their faults. Namely, the coin features very little design variation from year to year and a lower gold fineness than many of its peers. Let’s take a look at the two main cons to buying South African Gold Krugerrands. 

2023 1 oz South African Gold Krugerrand Obverse
1 oz South African Gold Krugerrand Coin’s take a look at the disadvantages of buying Gold Krugerrands. 

No Design Variation

While minor changes might occasionally happen, the South African Gold Krugerrand’s design has remained the same for decades. This could be either a pro or a con, depending on your own investment preferences. On each coin, you’ll find an obverse portrait of Paul Kruger and a Springbok Antelope on the reverse. If you like variety in your coin collection, the South African Gold Krugerrand’s steady consistency might not fit your style. 

Lower Gold Fineness

Like the lack of design variation, this con to buying Gold Krugerrands is defined by personal preferences and taste. Some gold coins, such as the Canadian Gold Maple, contain .9999 fine gold bullion. This coin instead caps out at .9167. While some investors are picky and prefer a higher purity, the lower fineness of each Gold Krugerrand does result in a more durable coin. 

Guide to Investing in Gold Krugerrands 

Are you considering Gold Krugerrands for your expansive investment portfolio? We don’t blame you. But before you hop onto Hero Bullion’s website and buy some quality Gold Krugerrands for your stack, there are a few things you need to know. Below, read about 3 tips every investor needs to know before investing in gold: monitoring the market, comparing prices, and taking care of your coins. 

Monitor the Market

2022 110 oz South African Gold Krugerrand Coin Reverse
1/10 oz Gold Krugerrand

Always keep your eye on the current spot price of gold. While Krugerrands do sell for an additional premium over spot, their base value will always be determined by the melt value of the gold they contain. Because of this, monitoring the gold market is your ticket to a profitable portfolio. When the price of gold is low, it might be a perfect time to buy the dip and get more gold for your stack. And when prices are high – sell your Gold Krugerrands back to us!

Comparing Prices and Premiums 

This shouldn’t need much explaining, especially for investors who are seasoned gold stackers. Always look through multiple sites before buying your coins to make sure you’re getting the best deal possible on Gold Krugerrands. Hero Bullion offers competitive prices on all Gold Krugerrands, and our discreet, secure shipping process helps ensure that you get your coins quickly and without damage. 

Taking Care of Your Gold Krugerrands 

After you’ve made your investment, the very worst thing that could happen is that you lose them to theft or disaster. Keep your coins safe by investing in some cotton gloves to handle them with, as well as a temperature controlled safe to store them in. 

You might also need to ask your homeowners insurance provider for additional precious metals coverage, especially if you have a relatively large collection of pure gold coins. It’s always better to be safe than sorry! Taking these steps now can save you thousands of dollars in the future. 

Final Thoughts: Buy South African Gold Krugerrands with Hero Bullion! 

We’re so excited to offer an expanded inventory of South African Gold Krugerrands. For decades, the Gold Krugerrand has been one of the world’s most collectable gold coins. Minted with .9167 fine gold bullion, these pieces have won their reputation as a solid choice for any gold stacker. 

At the top of this page, you’ll find our current stock of Gold Krugerrands. If you have any questions about buying or selling Gold Krugerrand coins, don’t hesitate to reach out to our customer service team!