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)

2006 South Africa 5 Coin Gold Krugerrand Otto Schultz Proof Set SKU 72260
2006 South Africa 5 Coin Gold Krugerrand Otto Schultz Proof Set SKU 72260
$2,897.21
End Date: Saturday Aug-19-2017 13:50:21 PDT
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2017 South Africa 1 50 oz GOLD KRUGERRAND NGC PF70 UC PROOF Rare 1st year 1 50
2017 South Africa 1 50 oz GOLD KRUGERRAND NGC PF70 UC PROOF Rare 1st year 1 50
$178.55
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2017 South Africa 5 oz Gold Krugerrand Proof PAPPS19409 Lot 20161566
2017 South Africa 5 oz Gold Krugerrand Proof PAPPS19409 Lot 20161566
$30.00
End Date: Sunday Aug-20-2017 1:00:17 PDT
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2017 South Africa 1 2 oz Proof Gold Krugerrand PAPPS19427 Lot 20161622
2017 South Africa 1 2 oz Proof Gold Krugerrand PAPPS19427 Lot 20161622
$30.00
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2000 South Africa 1 2 oz Proof Gold Krugerrand PAPPS19531 Lot 20161499
2000 South Africa 1 2 oz Proof Gold Krugerrand PAPPS19531 Lot 20161499
$30.00
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1978 South Africa Proof Gold Krugerrand 1oz NGC PF67UCAM
1978 South Africa Proof Gold Krugerrand 1oz NGC PF67UCAM
$1,815.88
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Malawi 2007 40th Anniversary Krugerrand 20 Kwacha Gold CoinProof
Malawi 2007 40th Anniversary Krugerrand 20 Kwacha Gold CoinProof
$53.36
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2017 South Africa 1 4 oz Proof Gold Krugerrand PAPPS19640 Lot 20161889
2017 South Africa 1 4 oz Proof Gold Krugerrand PAPPS19640 Lot 20161889
$30.00
End Date: Monday Aug-21-2017 2:00:30 PDT
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2017 South Africa 1 10 oz Proof Gold Krugerrand PAPPS19641 Lot 20161513
2017 South Africa 1 10 oz Proof Gold Krugerrand PAPPS19641 Lot 20161513
$30.00
End Date: Monday Aug-21-2017 2:00:53 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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