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)

Malawi 2007 40th Anniversary Krugerrand 20 Kwacha Gold CoinProof
Malawi 2007 40th Anniversary Krugerrand 20 Kwacha Gold CoinProof
$52.20
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1980 South Africa 1 oz Proof Gold Krugerrand SKU 23736
1980 South Africa 1 oz Proof Gold Krugerrand SKU 23736
$1,494.38
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2001 GOLD SOUTH AFRICA 1 2 KRUGERRAND COIN NGC PROOF 69 ULTRA CAMEO
2001 GOLD SOUTH AFRICA 1 2 KRUGERRAND COIN NGC PROOF 69 ULTRA CAMEO
$925.00
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1977 1oz Gold Krugerrand NGC PF66CAM Fine Reeding South Africa Cameo Proof coin
1977 1oz Gold Krugerrand NGC PF66CAM Fine Reeding South Africa Cameo Proof coin
$1,869.11
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2017 South Africa 6 Coin Krugerrand 50th Anniversary Proof Set SKU 114878
2017 South Africa 6 Coin Krugerrand 50th Anniversary Proof Set SKU 114878
$5,727.09
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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
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2017 Proof KRUGERRAND fractional set featuring 1 101 20 and 1 50th gold coins
2017 Proof KRUGERRAND fractional set featuring 1 101 20 and 1 50th gold coins
$750.00
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2015 Proof 1 10th 22ct Gold Krugerrand coin South African Mint only 1000
2015 Proof 1 10th 22ct Gold Krugerrand coin South African Mint only 1000
$299.00
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1998 South Africa 1KR Krugerrand Proof PF 68 Ultra Cameo NGC 1 oz Gold
1998 South Africa 1KR Krugerrand Proof PF 68 Ultra Cameo NGC 1 oz Gold
$1,705.25
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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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