2025 1oz South African Krugerrand Gold Coin

South African Krugerrand 2025 1oz Gold Coin

The Krugerrand remains the world’s most widely held and actively traded gold bullion coin. Created in the late 1960s, it was introduced at a time when South Africa accounted for around 75% of annual global gold mine output. Following the collapse of the Gold Standard in 1971, the Krugerrand became the key instrument for promoting private gold ownership worldwide.

History and Development
The coin was developed by the Chamber of Mines of South Africa in partnership with the South African Reserve Bank and the South African Mint. First issued on 3 July 1967, the Krugerrand was the world’s first gold coin denominated by weight in ounces. More than 50 million pieces have since been minted across all sizes, making it one of the most recognised and trusted bullion coins globally.

Unique Characteristics
Struck in 22 karat gold, the Krugerrand was deliberately produced without a face value. Instead, its worth is tied directly to the prevailing price of its fine gold content. This approach ensured that ordinary buyers could acquire gold confidently, with the assurance that their coins reflected the true market value of the metal itself.