What makes Krugerrand of South Africa so popular?


Krugarand is by far the most famous ounce gold coin. The first Krugerrand was created in 1967 and has remained a favorite of South African currency investors ever since.

South Africa’s iconic bullion currency is the basis of private ownership of gold and it has transformed the industry.

Krugerrand became so popular worldwide that it inspired other countries to make their own 1-ounce gold coins, such as The Canadian Gold Maple Leaf, Australian Nugget, Chinese Gold Panda, American Gold Eagle, and British Britannia.

An important asset of Krugerrand is its history and popularity. It is the most traded and collected bullion coin in the world. If you are interested in investing in gold, then South Africa’s Krugerrand is the safe and right way!

Gold coins in general have a general advantage over bullion bars and jewelry. For starters, they are issued by the government which makes them recognized all over the world. This means you can sell your 1oz coins almost anywhere in the world without the hassle of verification.

Legal tender price

The legal tender has been going on since the creation of the South African coin. Krugerrand has no monetary face value, which means their legal tender is valued at the gold market price. So you are legally entitled to exchange Krugerrand currency for a cash value equivalent to 1 ounce of gold.


Krugerrand has little advantage over other 1-ounce bullion coins because they offer slightly lower prices than the American Gold Eagle and the Canadian Gold Maple Leaf. The 1-ounce bullion coin is usually the most affordable gold investment and the slightly lower price gives Krugerrand an extra advantage over other currencies.


Krugerrand contains more than 90% of the 22-carat gold and a small amount of silver and copper. This blend gives Krugerrand its gold-orange hue and makes it more durable because pure gold is quite soft and easily damaged.

The 22 carat Krugerrand coin has stronger compounds than other bullion coins and is not easily damaged.

6 reasons to own gold

Its a history of retaining value

Gold is volatile, but the price of gold will never be zero. Unlike paper coins, coins or other assets, gold has maintained its value throughout the ages. People see gold as an asset to the family and pass it on from one generation to the next.

The weakness of the US dollar

When times are uncertain, people look for alternative ways to invest. The US dollar is one of the most important reserve currencies in the world, but when the dollar weakens against other currencies, people invest more in gold and this raises the price of gold – a perfect example is the period between 1998-2008 when gold almost tripled in early 2008. The 1000 1000 / oz milestone was reached and almost doubled between 2008 and 2012.


The easiest way to do this: As the cost of living increases, so does the price of gold.

Uncertainty in the world

When the financial / political situation is precarious, the stock market collapses, businesses cannot get loans as easily as before, and confidence in the government weakens – then gold prices usually rise. Why? New investors are increasing the price of gold because investors believe that gold is a good investment


Investors can buy and own physical gold, both personally and anonymously.

Other than that …

Gold is a real treasure trove of universal money, value and wealth protection.

Physical gold cannot go bankrupt or break. Gold bullion promises or obligations will not default.

Bottom line

Although the price of gold may change in the short term, in the long run it has always maintained its value.