South Africa has a rich history, as well as the famous South African Gold Coins that are indeed costly to collect. It’s mainly because of the following specifications: the Krugerrand is the name of their gold coin and deemed to rate way above gold content values intended for coins.

These gold coins are registered to be 22 carats in fineness. If it was a diamond, people would be sporting their bling-blings on their clothes. Gold Krugerrands were the first gold bullion coins produced in exact 1-ounce size, and sold for simply the spot gold price and a slight mark-up to cover manufacturing and distribution.

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2001 South Africa Prestige Natura Oryx Gemsbok Gold Proof 4 Coin Set Box Coa Price: $5,999.95 Time Left: 5h 37m

1979 Gold 1 Oz Krugerrand Price: $1,999.99 Time Left: 17h 18m

40th Anniversary 1st Bullion Africa Gold Coin Price: $100.00 Time Left: 1d 9h 18m

1931 South Africa Gold Sovereign Ms64 Ngc Price: $550.00 Time Left: 1d 11h

South Africa Gold 2 Rand 1979 Ex Proof 7988g02355 Oz Awg Price: $499.00 Time Left: 1d 11h 55m

2000 Africa 22 Gold Krugerrand Proof Set 4 Coins W Boxes Coa Limited Edition Price: $3,499.00 Time Left: 1d 21h 38m

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These South African Gold Coins have several denominations ranging from 1 oz to ½, ¼ and 1/10 oz. The most famous one is the 1oz and it has a diameter of 32.77, a weight if 33.930 grams, 91.67% fineness, and a remarkable gold content of 1 troy ounce. These coins make it tradable on amounts that go beyond the market dictates it to be. It is indeed a collector’s item since it is definitely a good catch.

Since countries connect the design of their currencies with their country’s distinctive history, the South African Gold Coins highlight one person that really helped place South Africa in the map. It is Stephanus Johannes Paulus Kruger. This is also where the currency name is derived from.