Gold: $1498.40  Silver: $17.82  Platinum: $934.00  90% Junk $1 FV: $12.74  Gold/Silver Ratio: 84.09

South Africa Gold and Silver Bullion, Coins, Bars and Rounds

South Africa Silver

Product Dealer Cheapest Price
2017 South Africa Silver Krugerrand ebay $4.90
2018 South African Silver Krugerrand SD Bullion $20.25
2019 South African Silver 1 oz Krugerrand Coin UniversalCoin.com $19.70

South Africa Gold

Gold and Silver Coins from South Africa

South Africa is the home of the Krugerrand Gold Coin, considered by many to be the first gold bullion coin issued by a government to be used as a store of wealth. The Gold Krugerrand Coin was first issued in 1967. It contained 1 oz of pure gold in an alloy that contained copper which gives it the orangish hue that it's known for.

In 1980, South Africa began to produce the Krugerrand in fractional gold sizes included 1/2 troy ounce, 1/4 troy ounce and 1/10 troy ounce.

During the 1970's the Krugerrand dominated the global bullion market, accounting for as much as 90% of gold bullion investment. Due to it's success, other countries began to produce their own gold coins.

Gold Krugerrand Specifications
Denomination Diameter
(mm)
Thickness
(mm)
Weight
(grams)
Fineness
(purity)
Gold content
(gram) (troy ounces)
1 oz 32.77 2.84 33.930 22 karat (91.67%) 31.103 1.000
1/2 oz 27.07 2.215 16.965 22 karat (91.67%) 15.552 0.500
1/4 oz 22.06 1.888 8.482 22 karat (91.67%) 7.776 0.250
1/10 oz 16.55 1.35 3.393 22 karat (91.67%) 3.110 0.100

The Silver Krugerrand, along with the Platinum Krugerrand were introduced in 2017 to commemorate the 50th Anniversary of the iconic coin's release.

The South African Mint is responsible for the minting of Rand coins.