The first-ever Proof Krugerrand, minted in 1967, marks the birth of the world’s most iconic gold bullion coin. This inaugural issue from the South African Mint is a historic collector’s piece—highly sought after for its legacy, rarity, and investment value.
Struck in 22-karat gold with a mirror-like Proof finish, the 1967 Proof Krugerrand is a milestone in numismatic and bullion history.
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
Any further questions?
If you need more information, call us on 011 784 8551, visit us in store or book an online call with a consultant.
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