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The South African Mint is a leading producer of high‑quality currency and collectable coins, with a history spanning over 130 years. It is a wholly‑owned subsidiary of the South African Reserve Bank (SARB) and is renowned for its craftsmanship, innovative designs, and commitment to preserving South Africa’s heritage.
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Krugerrand Gold Coins: A Legacy in Circulation
Since its 1967 debut, the Krugerrand has become the world’s most widely circulated gold coin, with over 46 million ounces sold—more than all other gold coins combined. Each original coin contains 1 troy ounce of fine gold but weighs 33.93 grams, the extra weight due to a durable 11/12 gold and 1/12 copper alloy that resists wear.
Conceived by the South African Chamber of Mines to promote local gold, the coin features a portrait of President Paul Kruger on the obverse. His name also inspired Kruger National Park, while “rand” refers to the gold-rich Witwatersrand region—also the name of South Africa’s currency. Originally produced only in 1 oz size, fractional Krugerrands (1/2 oz, 1/4 oz, and 1/10 oz) have been minted since 1980 to offer more accessible options for investors.
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First issued in 1967, the South African Gold Krugerrand was launched as the nation’s official bullion coin—the world’s first modern gold piece created specifically for private ownership.
Although granted legal‑tender status, Krugerrands carry no stamped face value. The obverse showcases a portrait of Paul Kruger, the four‑term president of the South African Republic, designed exclusively for the coin’s debut year.
Coert Steynberg’s reverse depicts a springbok antelope—South Africa’s national emblem—an image previously used on the country’s five‑shilling pieces. All legends appear in both Afrikaans and English.
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This includes brands such as Perth Mint, Royal Mint, ABC, NZ Mint and many more. See our full Trusted Brands list for the mints we exclusively trade with (see full list).
Why This Works?
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1 Troy Ounce | 33.93 grams
91.76% Fine Gold | 22ct
Coin
South African Mint - The Rand Refinery
32.77 mm
Various
Circulated
Unlimited
22ct Fine Gold Coin
South African Mint - Rand Refinery - South Africa
Christchurch Gold Guarantees purity of all items
1OZ-XAU-SAM-KRG
Safe & Secure Delivery Options
We offer multiple options to ensure your gold and silver orders are delivered securely and discreetly:
1. Collect from Our Hornby Branch
The fastest and simplest option. Visit our secure Christchurch office for free collection. After-hours appointments available.
2. CourierPost Depot Collection (Nationwide)
Pick up from a local CourierPost depot near you. All packaging is unbranded for privacy, and shipments are fully insured up to $20,000 NZD.
3. Secure Courier Delivery
A secure courier can meet you at a business or public location in most NZ cities. This service includes custom insurance options and is quoted by our brokerage team based on your requirements.
Uncompromising Authenticity Verification
We are committed to ensuring the authenticity of every bullion product we offer. Each item undergoes a meticulous, multi-layered verification process, including:
Our comprehensive approach aligns with international standards, ensuring that all Investor Bullion products meet stringent quality and purity benchmarks.
Fast Sell Back whenever You Need it
We understand that liquidity is a crucial aspect of bullion. To provide our clients with peace of mind, we offer a robust process so you can quickly sell back to us when you need:
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Expert Gold/Silver Services
Located in Hornby, Christchurch, our secure and discreet premises offer expert guidance and personalized service for all your precious metals investment needs.
Our Services Include:
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