Gold · coin · 916.7 · South African Mint
Gold Krugerrand 1 oz
The 1 oz Gold Krugerrand was the world's first modern gold bullion coin, launched by South Africa in 1967, and it remains one of the most widely traded gold coins. It contains exactly one troy ounce of fine gold, alloyed with copper to 22 karats (916.7) for a harder, more scratch-resistant coin.
Images are for illustration and show the general design. The year of issue and design details of the coin you receive may vary.
$4,305.91
No sales tax charged · updates live| Metal | Gold (Au, element 79) |
|---|---|
| Fine metal content | 1 ozt |
| Fineness | 916.7 |
| Premium over spot | 3.5% |
| Spot price used | $4,160.30 / ozt |
| Sales tax | No sales tax charged · United States |
| Price chart | Gold price chart → |
About the 1 oz Gold Krugerrand
The obverse carries the portrait of Paul Kruger and the reverse the springbok antelope designed by Coert Steynberg. Because copper is added, the coin weighs 33.93 g and has a warmer, slightly reddish tone than 24-karat coins. It measures 32.77 mm across and carries no face value.
One-ounce gold coins from national mints are the most widely recognized form of investment gold. The issuing mint stands behind each coin's weight and purity, so the 1 oz Gold Krugerrand is easy to sell to bullion dealers around the world, and its price follows the gold spot price closely, with a modest premium for minting.
Buying and paying
The 1 oz Gold Krugerrand is priced live from the gold spot price plus a stated premium of 3.5%, in US dollars. At checkout your price is locked for 10 minutes while you confirm your order. You then pay by domestic wire transfer or ACH, quoting your order number. We currently charge no sales tax; any use tax your state may require is your responsibility.
Frequently asked questions
Why is the Krugerrand 22 karat?
The Krugerrand is alloyed with copper to make it harder, so it resists scratches and wear better than pure gold. It still contains exactly one troy ounce of fine gold. The copper adds weight, which is why the whole coin weighs 33.93 g.
Does the Krugerrand have a face value?
No. The Krugerrand has no face value printed on it, but it is legal tender in South Africa. Its value comes entirely from the gold it contains.
Why does the Krugerrand look more orange than other gold coins?
The copper in its alloy gives the Krugerrand a warmer, orange-red tone compared with 24-karat coins such as the Britannia or Maple Leaf. This is normal and doesn't change how much gold it contains.
Is there less gold in a Krugerrand than in a Britannia?
No. Both contain one troy ounce of fine gold. The Krugerrand is 22 karat and slightly heavier because of its copper, while the modern Britannia is 24 karat. Many buyers simply choose whichever has the lower premium.
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