South African Krugerrand Gold Coin

The South African Krugerrand is a portmanteau of President Paul Kruger surname and “rand,” which is South Africa’s official currency. The gold Krugerrand is durable, contains high purity gold and is considered a prized possession for investors and collectors.

Continue reading to learn more about the history and value of the South African Krugerrand.


Front / Obverse

The front of the Krugerrand shows a portrait of Paul Kruger, a president of South Africa who served four terms in office. Around the portrait reads “South Africa” in both English and Afrikaans, a language of South Africa.
Designer: Otto Schultz

Rear / Reverse

On the back side of the Krugerrand, the design features a springbok, an antelope that is considered a symbol of South Africa. On the top of the springbok, the coin’s name is inscribed.
Designer: Coert Steynberg



The South African Krugerrand was first released in 1967. It was released in order to allow citizens the chance to own gold and was first used as currency. This is why the coin’s gold is more durable than other gold coins. Now, the Krugerrand is rarely used as currency since its gold is considered a valuable investment.

The Krugerrand was very successful, and it inspired other countries to create their own valuable gold coins including Canada and the United States.



Other Favorite Posts You Might Like...

Do You Know the Parts of Your Coins? If you're a kid coin collector, then you're obviously pretty smart. But just how smart are you when it comes to knowing all the parts of the coins that you love so much? Read on to see just how muc...
Kids Coin Corner A comprehensive resource for kids, teens, parents and educators to learn about coin collecting, precious metals investing and more...   Did you know that coin collecting all started ...
Coin of the Month: Perth Mint Australian Map-Shape... Calling all coin collectors! Perth Mint has released another unique Australian map shaped coin. Not only is this coin appealing to those looking for distinctively shaped coins, but it also feature...