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South African Mint
The South African Mint is the official maker of the South African rand and Krugerrand coins, on behalf of the South African Reserve Bank. These bullion coins all bear the Springbok - the national animal of South Africa.
The mint operates in conjunction with the Rand Refinery, who provide the gold to the South African government for the Krugerrand coins and, in return, are permitted to supply domestically and internationally.
2004 1/4oz Natura Lynx Gold Proof Coin
from £937.50
2005 1/2oz Natura Hippopotamus Gold Coin
from £1,754
from £1,751
2001 1/2oz Natura Oryx Gold Proof Coin Boxed
from £1,845
2025 Elephant Gold Coin Big Five Series 1oz
from £3,352
1oz Gold Bar Rand Refinery Minted
from £3,300
2000 1oz Natura Gold Coin Sable Boxed
from £3,957
2024 Elephant Gold Coin Big Five Series 1oz
from £3,390
1995 1oz Natura Gold Coin Rhinoceros
from £3,677
1994 1oz Natura Gold Coin Lion
from £3,553
2013 Protea 1oz Gold Coin Nelson Mandela
from £3,560
from £3,960
2022 Elephant Gold Coin Big Five Series 1oz
from £3,420
1997 1oz Natura Proof Gold Coin Buffalo NGC PF69
from £3,784
2007 1oz Natura Proof Gold Coin Eland NGC PF70
from £3,834
2023 Elephant Gold Coin Big Five Series 1oz
from £3,393
1996 1oz Natura Gold Coin Elephant Boxed
from £3,567
2014 1oz Natura Gold Coin Leopard
from £3,777
1992 Protea 1oz Proof Gold Coin
from £4,142
2004 Protea 1oz gold Proof Coin Mandela Boxed
from £3,640
The primary product supplied to us from South Africa is the Krugerrand; the world's first 1oz bullion coin. These were introduced in 1967 and are 22-carat, which is evident by their orange hue. This colouring is due to the alloying of the gold with copper, and has been a signature style for the Krugerrand and the British Sovereign coins for decades.
Following the release of an anniversary proof Silver Krugerrand, the South African Mint authorised a bullion version to be issued in 2018 for annual release.
Rand Refinery
The Rand Refinery was technically founded in 1909 as the Witwatersrand Co-operative Smelting Works. Its mission was to handle gold and silver by-products from mining work in South Africa. The refinery can be found in Germiston - part of the metropolitan region surrounding Johannesburg.
Following success, the private Rand Refinery was launched in 1920 - three years before The Royal Mint established a mint in South Africa for gold Sovereign coins. Its purpose was to refine gold closer to mining sites, rather than the costly option of shipping unrefined ore to the UK to the Bank of England, which would then be processed by The Royal Mint in London.
Over time it has expanded its services, producing a mix of cast and minted bullion, as well as aiding the gold jewellery industry and offering vault facilities for safekeeping precious metal investments. The Rand Refinery provides all the gold required for coin minting to the South African Mint (the former Royal Mint site), and in return the Rand Refinery is licensed to distribute South African bullion and collectable coinage around the world.
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