VAT Exempt in SA

The Most Liquid Gold Coin in the World

VAT Exempt in SA

The Most Liquid Gold Coin in the World

VAT Exempt in SA

The Most Liquid Gold Coin in the World

Buy 1 oz Krugerrand Proof Coins at Best Prices at The Scoin Shop

1 oz Krugerrand Proof Coins at Best Prices at The Scoin Shop

1oz Proof Krugerrand Gold Coin

Name: 1oz Proof Krugerrand Gold Coin
Brand: The South African Gold Coin Exchange
SKU: K001-PROOF
Price: 75000.0 ZAR
Availability: InStock

R 75,000.00

1/10oz

1/4oz

1/2oz

1oz

Diameter

32.77 mm

Mintage

Varied by year

Weight

33.93 g

Finish

Proof

Composition

Gold (.917)

Description

Own a piece of South Africa’s numismatic legacy with the 1oz Proof Krugerrand Gold Coin. Crafted with unparalleled precision, this limited-edition coin is a collector’s dream, featuring a flawless proof finish and 220 serrations on its edge, distinguishing it from its bullion counterpart.

Proof Krugerrands are designed as collectibles rather than bullion investments, offering premium value beyond the gold content. As legal tender in South Africa, these coins are not subject to VAT, enhancing their appeal for collectors and investors alike.

Celebrate the iconic Krugerrand’s heritage with this beautifully struck coin, a perfect addition to any collection or a meaningful gift for special occasions.

Krugerrands are subject to price changes due to market volatility. Prices indicated can and may change depending on time of proof of payment.

Produced by the South African Mint

Minted for 50+ Years

1st

gold bullion coin specifically designed for retail investment

50m+

Krugerrands have been sold worldwide

Why Buy a Krugerrand

Explore how Krugerrands compare to other financial assets, highlighting their unique advantages as a secure, globally recognized investment.

Proof Krugerrand

Stocks/ETF

Tax

Not Subject to Capital Gains

Subject to Capital Gains Tax

Asset Class

Tangible Physical Asset

Digital Asset

Price Stability

Low Volatility

Highly Volatile

Long-Term Value

Proven Value Over Decades

Performance Varies

Ease of Ownership

Anyone Can Easily Own and Store

Requires Brokerage Account

Global Recognition

Recognized Worldwide

Varies by Stock

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Frequently Asked Questions

How is a Proof Krugerrand different from a bullion Krugerrand?

Proof Krugerrands are struck with more precision, have a mirror-like finish, and are produced in limited quantities. They also have 220 serrations on the edge, compared to 160 serrations on bullion Krugerrands.

Are Proof Krugerrands VAT-free in South Africa?

Yes, Proof Krugerrands are VAT-free in South Africa because they are legal tender.

Why are Proof Krugerrands more expensive than bullion Krugerrands?

Proof Krugerrands are priced higher due to their superior craftsmanship, limited mintage, and collectible appeal. They also require more time and effort to produce compared to bullion coins. Although it costs more, there is no VAT on Proof Krugerrands, however there is VAT on Bullion Krugerrands.

What sizes are Proof Krugerrands available in?

Proof Krugerrands are available in various sizes, including 2oz, 1oz, 1/2oz, 1/4oz, 1/10oz, 1/20th and special sets.

Can I sell a Proof Krugerrand easily?

Proof Krugerrands are highly sought after by collectors and investors, making them relatively easy to sell, particularly within numismatic markets in good market conditions