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About the Krugerrand
While production of Krugerrands has varied over the years, there are currently over 60 million ounces of gold Krugerrands that have been sold since the introduction of the bullion coin in 1967, proving that the Krugerrand is a trusted and durable coin, designed to build value over time. For these reasons, the Krugerrand is the choice coin for collectors and investors.
While the Krugerrand has no face value these coins are considered to be legal tender in South Africa by the South African Reserve Bank Act.
For decades the Krugerrand has been the bullion of choice, as a way to secure peace of mind for financial stability and as a coin suited to collecting. With a durable formation, timeless design, proven tradability and reliability and global liquidity, the Krugerrand has proven to stand the test of time. It is an iconic, recognisable and celebrated brand and product worldwide. The Krugerrand offers tangible peace-of-mind during uncertain times, providing financial security at any given time.
Krugerrands contain 1 troy ounce of fine (24 karat) gold and are available in 1oz, 1/2oz, 1/4 oz or 1/10oz for both Bullion and Proof coins.
Bullion Coin Features
Matte Finish
Single Struck
Intended To Be Touched And Handled
Scratches Don't Affect The Value
Not Easy To Scratch Them
Stackable
No Fixed Yearly Mintage
180 Serrations
Rounded At The Edge
Universal Bullion Price
Attracts Capital Gains Tax
Proof Coin Features
Mirror-Like Frosted Finish
Double Struck
Not Intended To Be Touched By Hand
Scratches Will Affect The Value
Easy To Damage The Coins
Not Stackable
Yearly Limited Mintage
220 Serrations
Very Sharp Sides
Added Numismatic Value
Does Not Attract Capital Gains Tax
The Scoin Shop Story
The Scoin Shop opened its doors in 1972 as the retail division of The South African Gold Coin Exchange and is currently the largest gold coin distributor in South Africa. We have 12 retail shops nationwide, making gold easily accessible to our local clients. As the market leaders in buying and selling gold and other precious metal coins, we take pride in helping our customers begin, expand and safekeep their coin collections. We offer our clients some of the world’s rarest collectable numismatics, Krugerrands and ZARs. Our coin offerings include a wide range of coins showcasing masterpiece artwork, iconic figures and moments in history, wildlife and nature.
Our longstanding partnerships with various mints of the world ensures that we are able to offer the highest quality coins with the most innovative and unique coin designs from around the world. Our partnerships with foundations, charities, institutions and associations over 45 years stand testament to the hard work our incredible team have done for numismatics and collecting at large.
We offer an unparalleled service within the industry, providing absolute coin quality, safe delivery or collection, and secure storage options. Our clients are afforded peace of mind when storing their bullion and numismatics securely with our SafeGold safe custody options.
Join us in learning more about these collectables and start or expand your collection of coins today, one coin at a time.
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