Proof Gold Krugerrand

Proof Gold KrugerrandShould you buy a proof gold Krugerrand? What's so special about a proof? The South African mint first stamped out Krugerrands on gold blanks from the Rand Refinery in 1967. Both proof gold Krugerrands and uncirculated coins were released- however it was hard the general public to tell which was a proof gold krugerrand and which was not because they both both had a mirror finish. This sent the mint back to the drawing board to find some way to differentiate a proof from the other coins. In 1968 they tried two variations- a frosted finish on one side, mirrored on the other, and a dual frosted finish. They also upgraded the number of reeds (indentations along the diameter of a coin)

2007 South Africa 1 4 KR Proof Krugerrand NGC PF 70 ULTRA CAMEO
2007 South Africa 1 4 KR Proof Krugerrand NGC PF 70 ULTRA CAMEO
$331.00 (27 Bids)
End Date: Monday Jun-26-2017 18:51:01 PDT
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2008 South Africa 1 4 KR Proof Krugerrand NGC PF 70 ULTRA CAMEO 1 of 300
2008 South Africa 1 4 KR Proof Krugerrand NGC PF 70 ULTRA CAMEO 1 of 300
$321.00 (27 Bids)
End Date: Monday Jun-26-2017 20:04:01 PDT
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2005 South Africa 4 Coin Gold Krugerrand Proof Set FS SKU 58248
2005 South Africa 4 Coin Gold Krugerrand Proof Set FS SKU 58248
$2,921.02
End Date: Tuesday Jun-27-2017 7:08:04 PDT
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2009 SOUTH AFRICA MINT 1 10 OZ GOLD PROOF KRUGERRAND BOX COA RARE LOW MINTAGE
2009 SOUTH AFRICA MINT 1 10 OZ GOLD PROOF KRUGERRAND BOX COA RARE LOW MINTAGE
$325.00
End Date: Wednesday Jun-28-2017 11:20:24 PDT
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2001 South Africa 1 2 oz Proof Gold Krugerrand
2001 South Africa 1 2 oz Proof Gold Krugerrand
$797.00
End Date: Wednesday Jun-28-2017 11:32:34 PDT
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2000 South Africa 1 2 oz Proof Gold Krugerrand
2000 South Africa 1 2 oz Proof Gold Krugerrand
$797.00
End Date: Wednesday Jun-28-2017 11:38:39 PDT
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2001 South Africa 1 4 oz Proof Gold Krugerrand
2001 South Africa 1 4 oz Proof Gold Krugerrand
$420.00
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2009 South Africa PF70 First Strike Gold Proof Krugerrand Set
2009 South Africa PF70 First Strike Gold Proof Krugerrand Set
$4,000.00
End Date: Wednesday Jun-28-2017 21:13:30 PDT
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2016 Proof Krugerrand 1 10th 22ct gold coin South Africa Mint in red box
2016 Proof Krugerrand 1 10th 22ct gold coin South Africa Mint in red box
$395.00
End Date: Thursday Jun-29-2017 8:13:53 PDT
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from 180 to 220 on the proofs (an interesting sidenote on the reeds- in 1977 they produced a variation on the proof, one with 188 reeds). Like any gold coin, it is important to buy from a reputable seller. You can also look for certification paperwork from organizations like the South African Gold Coin Exchange (SAGCE) or the Numismatic Guaranty Corporation (NGC), who also frequently seal proofs in protective plastic.

So what makes a proof special? "Proof" is not so much a grade applied to a standard coin, but a term to define coins that have had special treatment in their preparation. For example the proof gold Krugerrand coin blanks are specially polished prior to striking. Areas of the presses may be sandblasted or polished depending upon the finish they are looking for on the final coin. The operators of the presses typically hand load the blanks. The blanks are struck twice (double struck) to give a perfect, more vivid image. They are typically certified, sealed in plastic alone or in gift sets, and sold to collectors, rather than gold investors. If you are looking to buy a proof gold Krugerrand we have a selection below for you. Before you buy a Krugerrand we recommend you check the current gold Krugerrand price and bid accordingly. If you'd like to see more auctions, just enter 'proof Krugerrand' in the box at the bottom of the page and you'll see a list of all the current auctions.

Proof Krugerrands can be purchased individually and in sets in the distinctive "Red Box" from the South African mint, along with a certificate of authenticity. A proof gold Krugerrand is different, distinctive, and treasure to own.

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