VAT Exempt in SA

The Most Liquid Gold Coin in the World

1892 Silver 6-Coin Proof Set – Including 1 Shilling, 2.5 Shilling, 2 Shilling, 3 Pence, 5 Shilling Double Shaft, and 6 Pence

1892 Silver 6-Coin Proof Set – Including 1 Shilling, 2.5 Shilling, 2 Shilling, 3 Pence, 5 Shilling Double Shaft, and 6 Pence

Name: 1892 Silver 6-Coin Proof Set – Including 1 Shilling, 2.5 Shilling, 2 Shilling, 3 Pence, 5 Shilling Double Shaft, and 6 Pence
Brand: The South African Gold Coin Exchange
SKU: ZA-92-6COIN-SIL
Price: 1450000.0 ZAR
Availability: InStock

R 1,450,000.00

1/10oz

1/4oz

1/2oz

1oz

2oz

Diameter

Mintage

Weight

Finish

Composition

Description

Gold was first discovered in South Africa in the Johannesburg area in 1886. Paul Kruger, the president at the time, wanted to create a currency for The South African Republic. He started the first mint in South Africa in Pretoria. However, he could not wait for it to be constructed because he wanted the coins in circulation before the election. So Kruger minted the 1892 coins at the German Mint in Berlin.

The coins were initially struck with a double shaft design on the ox wagon. This design is associated with the "European" style ox wagon whereas the Voortrekker ox wagon only had a single shaft. These type of coins are highly desirable.

Coins in This Set:

1892 1 Shilling PF63.
1892 2.5 Shilling PF64
1892 2 Shilling PF63
1892 3 Pence PF64
1892 5 Shilling Double Shaft PF62
1892 6 Pence PF63

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