The Krugerrand is the best-known and most widely used gold coin in the world. It was first issued by the South African Mint in 1967 and is named after South African President Paul Kruger and the Rand currency. The Krugerrand was the first bullion coin to state the gold weight in ounces rather than the denomination in currency units.

The South African Mint was founded in 1890 as a branch of the Royal Mint in London. Originally used to mint gold coins, it later expanded its production to include silver and copper coins. The Mint is famous for its Krugerrand gold coins and today produces high quality collector coins in gold, silver and platinum using the latest minting technology. It is a symbol of South African identity and pride and makes a valuable contribution to the country's coinage culture and economy. The South African Mint has an excellent reputation for its products, which are manufactured to strict quality standards and are known for their precision and attention to detail.