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Krugerrand
Your Guide to Buying
About Gold Krugerrand
Gold
Krugerrand
Coins
• Gold
Eagle
• Gold
Maple Leaf
• Krugerrand
Gold
Krugerrand
The gold Krugerrand coin, especially the 1 oz Krugerrand, have been one
of the most popular items among Gold buyers ever
since they were first minted in July 1967.
The gold Krugerrand was the world's first modern gold bullion coin.
The
coin itself was named after the four time President of South Africa
Paul Kruger and his image remains on the obverse of these coins to this
day. The Rand is the official currency of South Africa. On the reverse
you’ll find the image of the South African springbok which is
a type of antelope native to South Africa. The words "South
Africa" and "fine
gold" are displayed in both
English and Afrikaans.
The Krugerrand one ounce gold coin was the first to contain an actual
troy ounce of gold and this trend was followed by the USA, Canada and
Australia with their American Eagle, Maple Leaf and Nugget gold coins
respectively.
1oz Krugerrand gold coin specifications:
Weight: 33.9305 gram
Fineness:0.917
Gold Content: 31.104 gram (1 troy oz)
Diameter: 32.61 mm to 32.77 mm
Thickness: 2.74 mm to 2.84 mm
Edge: Reeded
The Krugerrand's purity is .9170, or 91.7% gold, with the remainder
being copper. Copper alloy gold coins are more resistant to wear than
their 24 karat counterparts. The coin appears with a slight reddish
tone
gold rather than coins alloyed with silver which appear lighter, such
as the American Gold Eagle. Each 1
oz coin weighs 33.93
grams consisting of 31.1 grams pure gold (1 troy oz.) and 2.83
grams copper.
The gold coins come in four sizes since 1980, 1 oz., 1/2 oz., 1/4 oz.,
and 1/10th oz.
- Coin
- - - - Min. Diameter
- - Min. Width
- 1 Troy Oz
- 32.6 mm -
- - - -2.75
mm
- 1/2 Troy Oz
27.0 mm
- - - - -2.24 mm
- 1/4 Troy Oz
22.0 mm -
- - - -1.83
mm
- 1/10 Troy Oz 16.5
mm -
- - - 1.19
mm
PURITY .9170 | 22 karat
gold
1/4 oz. Gold Krugerrand - obverse and reverse
The Krugerrand has been minted every year since 1967
The Krugerrand is
available in both bullion and proof state.
Krugerrand sizes - 1/2 oz. 1 oz. 1/4 oz. and 1/10th oz.
• Gold
Eagle
• Gold
Maple Leaf
• Krugerrand
• American Silver
Coins
• How
to spot fake silver coins and bars
• Diamonds
Buying Guide
• Diamond
Rings
• How
to tell if a Diamond is real
• What
is moissanite?
• How
to read a diamond certificate
The South
African Mint
Gold Market
• KITCO
24 Hr. Spot Gold
American
Precious Metal
Exchange
Provident
Metals
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