A giant in the coin industry was conceived in 1964 when the concept of a legal tender gold coin linked to the daily gold price, was introduced in South Africa. This 1 oz, 22 carat gold coin was originally named “The Trojan”, but when the official striking took place on 3 July 1967 at the South African Mint in Pretoria, it was renamed THE KRUGERRAND.
Featured on the obverse of this unique coin is Paul Kruger, the first President of the Zuid Afrikaansche Republiek (ZAR) and who instigated its first legal tender coinage. A Springbok, one of the country's most famous national symbols, features on the reverse. Aggressive marketing caught the imagination of other worldwide mints and when sanction pressures effectively impeded the Chamber of Mines' efforts in the early 1980's to continue marketing gold and Krugerrands through its subsidiary, Intergold, other worldwide mints began to produce bullion gold coins to fill the void left by the Krugerrand. Fortunately however, the successful branding of this mighty coin has stood the test of time.
The South African Mint proudly makes the commemorative proof Krugerrands in four sizes: 1 oz, 1/2 oz, 1/4 oz and 1/10 oz. The coins are made with the utmost care and then encapsulated to protect their mint condition. The coins can be purchased as singles or as a set. They are manufactured under strict conditions, in limited editions and sold together with numbered Certificates of Authenticity. These golden treasures are proudly owned by coin collectors all over the world.