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Add this 2024 1/50 oz Gold Krugerrand Proof coin to your cart and collection today!
2024 South Africa 1 oz Proof Gold Krugerrand
The Krugerrand debuted in 1967 as the worlds first modern gold bullion coin and remains a top choice for collectors and investors. The coin initially served to promote South African gold in international markets. Krugerrands have no face value and instead derive their worth from the live gold price at the time of trade.
Highly valued worldwide, the Gold Krugerrand showcases a design deeply rooted in South African history. The obverse displays Paul Kruger, the first president of the South African Republic, honoring the political and military events of 19th-century South Africa. The reverse features a springbok antelope, the national animal, along with the coins gold weight and year of issue.
South African Mint
Gold was discovered near Johannesburgs Witwatersrand area in 1886, prompting President Paul Kruger to establish a national mint. The South African Mint produces Proof Krugerrands and partners with the Rand Refinery to mint bullion Krugerrands. As a wholly owned subsidiary of the South African Reserve Bank, the mint produces coins on its behalf. Today, the South African Mint ranks among the worlds leading exporting mints.
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