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The South African Mint is responsible for minting all coins of the Republic of South Africa on behalf of the South African Central Bank. Located in Centurion, Gauteng, near South Africa's administrative capital, Pretoria, the Mint produces coins for both the domestic and international markets.
The famous Krugerrand gold coin was first minted in 1967 with the aim of supporting South African gold.
Their most famous coin has to be the Gold Krugerrand. The obverse side of the coin only features one of South Africa's presidents - Paul Kruger. This coin was first commissioned in 1961 as a means of marketing and distributing the Gold minted from South Africa. With a diameter of 16.5mm, this coin is the smallest of all the coin series available. Despite its small size, this does not affect its popularity worldwide, and furthermore, its gold purity reaches an astonishing 91.67%.
These internationally acclaimed coins are attractive choices for many investors around the world. They offer a chance to buy real quality premium gold, for a good price. They appear great in any portfolio. Gold Avenue is proud to offer these historic and timeless coins in our portfolio.