Krugerrands

July 1967 saw the very first Krugerrand minted. The bullion coin was minted as a way to market South African gold globally and to afford the population with the opportunity to own gold privately. While it contained one troy ounce of pure gold, the Krugerrand was the very first ounce denominated gold coin in the world. The Krugerrand was minted in a copper-gold alloy, making it more durable than pure gold and was the first choice for people buying gold in 1980, making up more than 90% of the global coin market. However, during this time, the Krugerrand became unfavourable with some Western countries who forbade any imports with the apartheid government of South Africa. By 1991 sanctions were lifted after the end of apartheid and the world began to re-embrace the Krugerrand and favour it as a was to secure their fortune. During 1974 - 1985, approximately 22 million gold Krugerrand coins were imported into the United States of America. The success of the Krugerrand struck a note amongst many countries who were inspired to create their own gold bullion coins, such as the American Gold Eagle, the Canadian Gold Maple Leaf, the Australian Nugget, the British Britannia Coin and the Chinese Gold Panda

Proof

The Krugerrand proof coin is a collectors coin that showcases the fine craft, design and technique corresponding to the original bullion coin. Proof coins are pressed several times with a lower weight, transferring each detail impeccably. A proof coin is hand-packed and encapsulated to ensure the mint condition is maintained. Fifty years after it was first minted, the demand to own gold has helped to increase the sale and trade of gold Krugerrand coins.

Bullion

The bullion Krugerrand coin is a legal tender gold coin that is the only coin worth its weight in gold. The bullion Krugerrand contains 11/12 24 karat gold and 1/12 copper, and comes in four sizes, including 1oz, 1/2oz,1/4oz and 1/10oz pure gold. The Krugerrand bullion is the most widely traded coin in the world, as it is a trusted bullion coin.