Moving Abroad? Take Tax-Free, Collectible Gold With You.

Proof Krugerrands are considered collectible coins - making them legally exportable, tax-free assets for South Africans using their annual R1 million offshore allowance.

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Buy Proof Krugers

Currency Hedge

These gold coins provide a hedge against the Rand depreciation

Tax Free

No VAT or capital gains tax on Proof Krugerrands which are collectibles

Use Your Yearly Single Discretionary Allowance

South African residents are allowed to move up to R1 million per year abroad without tax clearance

Choose Proof. Move smart.

Many don’t realise that only Proof Krugerrands offer advantages when moving assets offshore. Bullion Krugerrands may trigger tax or compliance issues. 

Why Choose Proof Krugerrands for Offshore Wealth Planning?

Tax-Free Status

Proof Krugerrands are exempt from VAT and Capital Gains Tax. T's and C's apply.

Classified as Collectibles

Not subject to the exchange control rules applied to bullion

Globally Respected

Recognised and tradable in many international markets

R1 Million SDA per individual

Each South African citizen over 18 years of age is entitled to a R1 Million yearly Single Discretionary Allowance.

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Buy Proof Krugers
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 South African Krugerrand Gold Coin

R 99,000.00
Quantity

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.

Proof Krugerrands are designed as collectibles, offering premium value beyond the gold content. 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.

Krugerrand Travel Checklist

For South African residents over the age of 18 who are investing in gold and taking it overseas for personal safekeeping under the R1 million Single Discretionary Allowance (SDA).

Proof of Purchase

Official tax invoice from your gold dealer (e.g. The Scoin Shop)


Must include:

  • Your full name
  • Date of purchase
  • Type and quantity of Krugerrands
  • Rand value

Personal Identification

Must include:

  • South African green barcoded ID or Smart ID or Passport
  • SARS income tax number

SARS & Customs Requirements

If you’re personally taking the coins overseas (not gifting or exporting for someone else):
When flying out:

  • Declare the Krugerrands at SARS Customs at the airport
  • Complete the Traveller Declaration form
  • Present your ID
  • Present your invoice for the coins
  • Present your proof of payment (if asked for by an offical)

SDA Compliance (R1 million limit per calendar year)

Your purchase and export falls under your Single Discretionary Allowance (SDA). No SARS tax clearance or SARB approval is required if you remain under the R1 million annual limit and if the purpose is for personal investment and secure offshore storage, not resale or gifting.

Bank or Exchange Documentation

Keep your proof of payment. If foreign currency was used, a BOP form may be requested. Some banks may ask for a TCS PIN, especially for large transactions. Clarify these details with your financial or tax advisor.

At the Airport

Arrive early to declare your coins at customs. Declare that your coins are for personal investment held abroad first this is applicable to you. Carry all paperwork in your hand luggage. Remember, SARS laws and requirements change regularly, ensure you are up to date with the latest requirements.

Secure What’s Yours

We'll Help You Make It Tax-Efficient

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Disclaimer  
The information on this page is provided for educational and informational purposes only and does not constitute financial, tax, legal, or investment advice. We recommend consulting with your independent financial advisor, tax consultant, or legal expert to ensure your personal circumstances and regulatory obligations are properly addressed. We are not licensed financial advisors. However, we can refer you to trusted professionals should you require specialist advice. We are not responsible or liable for any tax or customs issues you may encounter. Any such matters are solely your responsibility, and we bear no liability for them.