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Please note that our offices will be closed from 3pm Friday 7th August until 9am Monday 17th August. Orders may still be placed on the website during that time but a minimum order value of £250 will apply with dispatch delayed until after the closure. Read More
Due to very high demand order dispatch may be delayed by 1-3 days.

2020 Gold Krugerrands!!

Currently available now in One Tenth, One Quarter & One Ounce

2020 1/10th Gold Krugerrand Coin
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2020 1/10th Gold Krugerrand Coin. Weight 3.39 grams. Purity 22 carat (916.7/1000). Dimensions 16.5 x 1.35 mm.
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Prices in GBP£188.48 VAT free
The 2020 1/10th Gold Krugerrand Coin is Value Added Tax (VAT) free
2020 1/4oz Gold Krugerrand
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This 2020 1/4oz Gold Krugerrand is a 22 carat (916.7 Fineness) coin with a Fine weight of 7.78g grams and a total weight of 8.5 grams. Dimensions (mm) 23.00 x 2.00.
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Prices in GBP£452.02 VAT free
The 2020 1/4oz Gold Krugerrand is Value Added Tax (VAT) free
2020 1oz Gold Krugerrand
AvailabilityIn stock
This 2020 1oz Gold Krugerrand is a 22 carat (916.7 Fineness) coin with a fine gold weight of 31.103g grams and a total weight of 33.93 grams. Dimensions (mm) 32.60 x 2.84.The Krugerrand was the first gold bullion coin to be produced, in 1967, and the design has not changed, with the exception of the date of minting, in over half a century. The distinctive red tinge of colour is due to small quantities of copper included with the full Troy ounce of pure gold used to mint the coins.
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Prices in GBP£1,690.29 VAT free
The 2020 1oz Gold Krugerrand is Value Added Tax (VAT) free

The history of the South African Krugerrand

The South African Krugerrand was the first gold coin to contain one troy ounce of gold. First produced in 1967, the Krugerrand celebrated its 50th birthday in 2017, and it’s still one of the top-selling gold bullion coins in the world.

During the late 1960s and early 1970s, South Africa mined 75 per cent of the total gold output in the western world. Seeking a way to market and promote gold to increase demand, the South African government backed the idea to produce the Krugerrand gold coin.

Whilst some countries disallowed the Krugerrand coin due to its association with the apartheid in South Africa, it was still the most popular gold bullion product across most of the world in the 1970s.

What’s the value of a Krugerrand gold coin?

As with the vast majority of investment gold products, the Krugerrand coin is priced according to the content of gold in the coin, with a small premium (commonly known as a ‘fashion charge’) added to cover production and packaging costs.

This means that the South African Krugerrand doesn’t have a face value, with its value instead based on the fine gold content as priced twice per day by the London Bullion Market Association (LBMA).

The LBMA announces its gold price fix at 10.30 and 15.00 daily. It is this price that The Gold Bullion Co. use to offer competitive, real-time pricing for Krugerrands based on the live price of gold.

Furthermore, due to its status as a gold bullion investment coin, the Krugerrand coin is not subject to VAT.

Speaking to MoneyWeb after the Krugerrand coin achieved top-seller status in 2016, Richard Collocott, executive head of marketing at the Rand Refinery said: “It’s more than exceeded any expectations that could have been had at the outset.

“We anticipate and we have every intention for Krugerrands to remain, if not the top-selling gold coin in the world, in the top three.”

Where to buy the Krugerrand coin

The Rand Refinery doesn’t sell Krugerrands directly to the public, instead distributing them through independent dealers such as The Gold Bullion Co.

We stock South African Krugerrand coins in 1/10th, quarter, half and one-ounce variations and also carry the 2017 edition, which marks the coin as 50th year in production.

Browse the full range now and choose a VAT-free bullion product with an interesting history and strong promise for the future.

Buy Krugerrands from The Gold Bullion Company, a reputable and well-known UK-based family business.

Our outstanding customer service team - who have received a 99.6% positive rating in independent reviews from over 9,000 customers - backs every purchase with pre-sales advice and post purchase support. Every purchase features fully insured delivery and our unique buy-back guarantee.