1987 4 Coin Gold Proof Krugerrand Set GRC

GRC four coin proof South African Krugerrand set from 1987.

South African Krugerrands

The name Krugerrand combines the official currency of South Africa - the Rand - with the name of influential South African statesman, Paul Kruger, who appears on the obverse side of these coins.

These 22 carat gold coins were introduced in 1967 using metal processed by the Rand Refinery, struck by the South African Mint. They proved an enormous success, accounting for more than 90% of the global bullion market by 1980 and inspiring similar bullion coins from countries around the world.

Today, Krugerrands are available in other metals, a range of fractional weights and with a collectible proof finish. These coins, however, maintain the specifications set down more than 50 years ago, including the distinctive springbok reverse, celebrating South Africa’s national animal.

Gold Reef Mint Krugerrands

To mark the twentieth anniversary of these iconic gold coins the South African Mint offered a range of proof pieces in 1987. This set contains four of those gold Krugerrands:

• A 1987 Gold Proof 1 Ounce Krugerrand
• A 1987 Gold Proof Half Ounce Krugerrand
• A 1987 Gold Proof Quarter Ounce Krugerrand
• And a 1987 Gold Proof Tenth Ounce Krugerrand

Each piece bears a tiny 'GRC' mintmark to the reverse, indicating that they were struck at the Gold Reef City Mint within the Rand Refinery complex near Germiston, in Gauteng. The GRC Mint is one of only two South African mints to have struck legal tender SA coins. The mint mark adds an extra element of collectibility.

Four Coin Anniversary Set

All the coins in this set are composed of 91.67% gold and finished to proof standard - as indicated by the additional edge serrations, compared to their bullion equivalents, and the higher level of detail apparent in the designs.

The total weight of the coins in this collection is 62.78 grams, equating to 57.55 grams of fine gold.

The four GRC Mint coins in this set have been sealed in individual sleeves by the team at The South African Gold Coin Exchange. This works to preserve the finish of these collectible coins. The set is presented in a bespoke velvet lined box.