Buy Krugerrands

Where does the gold Krugerrand come from?

The gold Krugerrand has a rich and fascinating history. This coin was first introduced in 1967 by the South African Mint to encourage private ownership of gold.

The coin is named after Paul Kruger, the fifth president of the South African Republic, whose portrait is depicted on the obverse of the coin. The name ‘Rand’ refers to the Witwatersrand, the area where most of South Africa’s gold reserves are located.

The Krugerrand was the first investment coin to be minted in large quantities and, for many years, was the only coin that allowed private ownership of gold. As a result, it quickly gained international renown and popularity.

In the 1970s and 1980s, the Krugerrand accounted for almost 90% of the global gold market. Today, this coin remains a favourite among investors thanks to its high quality and reliability.

Our range of gold Krugerrand coins

At GoldBase, we offer an extensive range of gold Krugerrand coins, available in various weights and years of issue. You can choose from the smaller denominations of 1/10 oz, 1/4 oz, and 1/2 oz, up to the larger 1 oz coins.

Whether you are an experienced investor or just starting out in gold investment, our range has something for everyone. Our diverse stock ensures that you can always find a suitable option, whatever your investment goal.

The gold content of the Krugerrand

The gold Krugerrand is renowned for its high quality and specific composition. Each Krugerrand has a gold content of 22 carats, which corresponds to 91.67% pure gold. The remaining 8.33% consists of copper, which gives the coin its characteristic light orange colour.

Design of the Krugerrand

The iconic design of the Krugerrand was created in 1964 by Otto Schultz and Coert Steynberg. The obverse of the coin features a profile of Paul Kruger, surrounded by the inscription "SUID-AFRIKA · SOUTH AFRICA".

The reverse features an elegant springbok, a national symbol of South Africa, with the year of issue and the inscriptions "KRUGERRAND" and "FYNGOUD 1 OZ FINE GOLD" above it. This timeless design contributes to the enduring popularity and recognisability of the gold Krugerrand.

What is the value of a gold Krugerrand?

The value of a gold Krugerrand is largely determined by the current gold price. As the price of gold fluctuates, so does the value of the Krugerrand. The weight of the coin plays a crucial role in this; the heavier the coin, the higher the value.

At GoldBase, you can always easily view the current price and value of gold Krugerrand coins, enabling you to make informed investment decisions.

Buy gold Krugerrands at GoldBase

Are you considering buying a gold Krugerrand? We offer not only a wide range, but also numerous benefits that make your purchasing experience pleasant and reliable. With our competitive prices, fast delivery thanks to our large stock, and secure and insured shipping, you are assured of a hassle-free purchase.

Furthermore, GoldBase holds an AFM licence and all our products carry the LBMA hallmark, which guarantees the highest quality. Whether you choose the 1/10 oz, 1/4 oz, 1/2 oz or 1 oz Krugerrand, we are here to assist you at every step of your investment journey.

Browse the range in the GoldBase Store or contact our expert customer service team for personalised advice if you’d like to start buying gold online. Invest in your financial future today with a gold Krugerrand from GoldBase.