Since 1967 the springbok has leapt across a mirrored field. Now — for the first time — the South African Mint inverts the light: the field turns velvet-matte like the savanna at dusk, and the design gleams above it as if cast from liquid gold.
Only 400–500 pieces per issueMirrored design, matte field22-carat Krugerrand goldWooden case & certificate
„There are coins you buy. And there are coins you never let go of.“
Take a Krugerrand in your hand and you hold more than an ounce of gold: you hold six decades of trust. The same coin your father knew. The same warm gold resting in millions of vaults around the world.
Yet what you see on this page has never existed in the history of this coin — and once the last capsule is sealed, it will not return any time soon.
The craft behind the fascination
What happens when gold inverts the light?
Reverse proof literally means: proof, inverted. What usually mirrors turns matte. What is usually matte begins to shine.
Under the loupe: mirrored relief on a velvet-matte field
The field: still as velvet
The entire surface of the coin is finely frosted. It absorbs the light instead of throwing it back — calm and deep like desert sand just after sunset. Only this quiet field gives the design its stage.
The design: cast from light
The springbok and the Paul Kruger portrait are polished to a mirror finish — like the finest proof coin, only inverted. Turn the coin in the light and the relief flashes, rises, comes alive. You cannot help but look.
The hue: gold you recognise
Krugerrand gold is 22 carat: 91.67% fine gold, hardened with a trace of copper. Hence that unmistakably warm glow connoisseurs recognise at first sight — in reverse proof it appears deeper still.
Available to order now — delivery from mid-July 2026
The 2026 first edition
Five issues, one promise: each is limited to 400 to 500 pieces — worldwide, across all markets combined. At launch you secure every issue at a reduced first-edition price.
The ½ oz as well as the 5-coin and 6-coin sets will follow shortly. Want to be the first to know? Just call us: +49 7930-2699.
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A look at the first two issues
What 500 pieces do to a price
The 1 oz gold reverse proof debuted in 2024 as a world first — mintage 500. Today the numbers speak for themselves:
The world premiereVintage20249.990 €Current dealer price
500 pieces — today 67% above the current first-edition price of the 2026 issue.
Sold out at KettnerVintage20258.990 €Last dealer price
500 pieces — our stock was gone within a year. Anyone looking today needs luck and patience.
Available nowVintage20265.990 €First-edition price instead of 6.990 €
500 pieces — you stand at the beginning of the story, not at its end.
The classic fractional sets show what strict limitation does, too: the 3-coin sets of the Kaiser Wilhelm and Paul Kruger editions were issued at €1,490 each — today they trade at €4,290 and €4,490 respectively. Both: completely sold out at Kettner.
The new reverse proof 3-coin set starts today exactly where those stories began: at €1,490.
Kettner Edelmetalle dealer prices as of June 2026. Past performance is no guarantee of future results.
For the first time in 59 years of the Krugerrand
The small springboks have never existed in inverted light
The 1 oz had its world premiere in 2024. The fractional sets are having theirs now: for the very first time the South African Mint strikes the small Krugerrand sizes in reverse proof — issued in two sets, each of which exists only 400 times.
The 3-coin set — €1,490
1/10 + 1/20 + 1/50 oz — three sizes, one case, mintage 400.
The 4-coin set — €2,990
1/4 + 1/10 + 1/20 + 1/50 oz — 13.05 g of fine gold, mintage 400.
And a detail collectors understand immediately: the 1/20 and 1/50 oz miniatures are available from us exclusively in these sets — you will search for them individually in vain.
Delivered in the South African Mint case — with certificate of authenticity
The most famous gold coin in the world
59 years. One coin. Four moments.
1967The birth
The first Krugerrand is struck — the world’s first bullion coin. More than 58 million ounces have followed to this day.
2017The anniversary
For its 50th birthday a Krugerrand appears in reverse proof just once — in silver. A foretaste, nothing more.
2024The world premiere
For the first time in gold: 1 oz reverse proof, mintage 500. Today it trades far above its original first price.
2026The greatest chapter
For the first time the quarter, the tenth and the fractional sets in inverted light — the most extensive reverse proof programme in Krugerrand history.
„Whoever owns a Krugerrand owns a piece of gold history. Whoever owns a reverse proof belongs to the few hundred holding its newest chapter in their hands.“
400 sets. 500 coins.
One first edition.
What is sold out will never be struck again — the 2025 issue was gone from our stock in less than twelve months. Secure your issue while you still have the choice of which one it should be.
