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Krugerrand

South Africa

1967

Reference data compiled from public catalogs

Estimated Melt Value

$4,792.14

Based on Gold spot price ($4,792.115/oz) · 91.7% purity · 33.93g

Updated 10:13 PM

Collector premium not included

Specifications

CountrySouth Africa
Years Minted1967
Composition91.67% gold, 8.33% copper
Weight33.93 g
Diameter32.77 mm
Thickness2.74 mm
ShapeRound
EdgeReeded

Design

Obverse

Features a portrait of Paul Kruger, the former President of the South African Republic.

Reverse

Depicts a springbok antelope, the national animal of South Africa.

History & Notable Facts

The 1967 Krugerrand marked the first time a gold coin was produced purely for investment, containing exactly one troy ounce of fine gold in a 22-karat alloy.

This made it an immediate hit for buyers dodging currency controls. The obverse shows Paul Kruger, the former South African president, while the reverse features a springbok antelope—both designs drawn from earlier South African coins. Mintage figures for that year are well-documented at around 40,000 pieces, though exact export numbers remain murky due to international trade restrictions.

Struck at the South African Mint in Pretoria, the coin's edge is reeded to deter clipping. It doesn't carry a face value, which puzzled some collectors at the time. As for myths, no, it wasn't cursed by apartheid ghosts—though handling one in a vault can feel eerily quiet.

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