Minted since 1967 by the South African Mint, the Krugerrand was the very first governmint-issued gold bullion coin to contain a full troy ounce of net pure gold. It was intended to help market gold from Souh Africa's mines on the international investment market.

The Krugerrand was designed by O. Schultz, portraying the first President of the South African Republic, Paul Kruger. His portrait is surrounded by the name of his nation in Afrikaans and English, two of South Africa's eleven official languages: "SUID-AFRIKA ' SOUTH AFRICA".
A springbok (a South African antelope) prances across the reverse, as designed by C.L. Steynberg. This side also lists the date of issue and the amount and purity of the gold. Interestingly, the Krugerrand does not carry a face value, as it is primarily minted for trading outside South Africa.

*Due to market volatility, these values are estimates only and subject to change based on spot and premium fluctuations.*

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