Gold Krugerrand Information
The Krugerrand (or Kruger for short) is a South African gold coin produced by the South African Mint. Introduced on 3 July 1967 in order to help market South African gold, and four decades later following much competition from other bullion coins, the Krugerrand is still holding its own as one of the most recognisable and saleable bullion coins on the market. To date over 48,000,000 troy ounces of fine gold contained in Krugerrands has been sold. Rand Refinery Limited, producers of the blanks for the Kruger and also marketers of the coins, equates this to more Krugerrands in circulation internationally than all other Gold bullion coins combined.
Between 1970 and 1979 the Krugerrand was the only one ounce denominated gold bullion coin available to the international market. Its success, dominating the gold coin market by 1980, led to other gold-producing countries also issuing their own bullion coins and as a result the “Kruger” earned the title of the world’s first bullion coin!
The coins have legal tender status in South Africa, which allows them to be easily imported into most countries. Economic sanctions against South Africa in the 1970s and 1980s made the Krugerrand an illegal import in many western countries. Whilst they carry legal tender status, Krugerrands do not have a Currency face value on them like many of their counterparts.
On the obverse side of the coin the face of Paul Kruger is shown. He was a famous Boer resistance leader who fought against Great Britain and also the fifth as well as the last president of the South African Republic, holding office for four terms. Paul Kruger was also a nature conservationist. The coin takes its name from the combination of “Kruger” and “Rand” (the national currency of South Africa) – the Krugerrand.
On the reverse is a Springbok (one of the national symbols of South Africa). The image was designed by Coert Steynberg and was used on the reverse of the earlier South African five shilling coin. The word “South Africa” and the gold content are inscribed on the obverse side of the coin in both Afrikaans and English.
Gold Krugerrand Technical Specifications
| Size | Total Weight (g) |
Fineness /1.000 |
Gold Content (T oz) |
Gold Content (g) |
Min Diameter (mm) |
Max Diameter (mm) |
Min Thick (mm) |
Max Thick (mm) |
Edge Milling |
|---|---|---|---|---|---|---|---|---|---|
| Full | 33.930 | .917 | 1.00 | 31.103 | 32.61 | 32.77 | 2.74 | 2.84 | 180 |
| Half | 16.965 | .917 | 0.50 | 15.552 | 26.93 | 27.07 | 2.115 | 2.215 | 150 |
| Quarter | 8.482 | .917 | 0.25 | 7.776 | 21.94 | 22.06 | 1.788 | 1.888 | 140 |
| Tenth | 3.393 | .917 | 0.10 | 3.110 | 16.45 | 16.55 | 1.25 | 1.35 | 115 |
A full Krugerrand contains 1 Troy Ounce of pure Gold. Because pure gold, known as fine or 24 carat gold, is very soft, the Gold in a Krugerrand is alloyed with copper, to make 22 carat "crown gold", which is the same alloy used in British Gold Sovereigns. This makes the coin much more durable and scratch resistant. To compensate for the diluted 22 karrat gold content, the overall weight of a Krugerrand is slightly heavier than 1 ounce so that the overall pure gold content is 1 troy ounce. This is why a Krugerrand, when placed next to another Bullion coin of 24 carat, or .9999 gold (such as a Gold Maple) will often appear more orange in colour.
Krugerrands were originally produced in 1 ounce versions, but fractions of Half Ounce, Quarter Ounce and One Tenth Ounce are also minted. These additional sizes became available 1980.
Featured GOLD Krugerrand item
1 Ounce South African Krugerrand (Our Dates) | |||||
  Seller: AUTrading Store Inventory Available Now | $ 1,790.40 | GOLD | 1.00 | 4.15% | $ 71.40 |
GOLD Krugerrand Price Comparison (Click headers to compare by)
| Item | Price | Symbol | Troy Oz | % GOLD Premium | GOLD Premium |
|---|---|---|---|---|---|
1978 ONE OUNCE (1OZ) FINE GOLD KRUGERRAND!!! BEAUTIFUL COIN!! | |||||
  Store: ASHLAND GOLD AND SIL... 140 (100.0%) Auction ending in 0d 0h 32m (6) Glen Allen,VA,USA | $ 1,850.00 | GOLD | 1.00 | 7.62% | $ 131.00 |
1981 ONE OUNCE (1OZ) FINE GOLD KRUGERRAND!!! BEAUTIFUL COIN!! | |||||
 Store: ASHLAND GOLD AND SIL... 140 (100.0%) Auction ending in 0d 1h 48m (4) Glen Allen,VA,USA | $ 1,850.00 | GOLD | 1.00 | 7.62% | $ 131.00 |
Beautiful 1975 1oz South Africa Fine Gold Krugerrand Coin, Uncirculated & Sealed | |||||
 Seller: texe56 69 (100.0%) Auction ending in 0d 3h 16m (7) Flint,TX,USA | $ 1,861.00 | GOLD | 1.00 | 8.26% | $ 142.00 |
Beautiful, Rare 1982 Sealed South Africa Krugerrand 1/4 ounce Fine Gold Coin !!! | |||||
 Seller: texe56 69 (100.0%) Auction ending in 0d 4h 36m (2) USA | $ 455.00 | GOLD | 0.25 | 5.88% | $ 25.25 |
(3) One Ounce Pure Gold, 1979 Krugerrand, 2009 Pilharmonick, 2001 Eagle - Nice! | |||||
 Seller: tcane13 820 (100.0%) Auction ending in 0d 4h 52m (1) Ormond Beach,FL,USA | $ 5,399.88 | GOLD | 3.00 | 4.71% | $ 242.88 |
1980 Half Krugerrand - 1/2 Krugerrand - South Africa Gold | |||||
 Store: Jewelry Manufacturer... 134 (100.0%) Auction ending in 0d 5h 19m (No Bids) Plano,TX,USA | $ 925.00 | GOLD | 0.50 | 7.62% | $ 65.50 |
1982 South Africa 1 OZ. Gold Krugerrand - Uncirculated - Gold Investment | |||||
 Store: isthisanoddoranend 94 (100.0%) Auction ending in 0d 6h 46m (17) Murrieta,CA,USA | $ 1,848.99 | GOLD | 1.00 | 7.56% | $ 129.99 |
1/4 Ounce South African Krugerrand (Our Dates) | |||||
 Seller: AUTrading Store Inventory Available Now | $ 489.20 | GOLD | 0.25 | 13.83% | $ 59.45 |
2000 5 pc. 22 Carat Gold Krugerrand PROOF Set w/ Box & COA - Limited Edition!! | |||||
 Store: BellevueRareCoins 976 (99.8%) Auction ending in 0d 8h 11m (28) Bellevue,WA,USA | $ 3,713.00 | GOLD | 1.90 | 13.68% | $ 446.90 |
FOUR PIECE 2010 SOUTH AFRICA KRUGERRAND SET ~ NGC PF 70 ULTRA CAMEO ~ 1.85 TOZ | |||||
 Store: simsion 8021 (100.0%) Auction ending in 0d 10h 16m (13) Henrico,VA,USA | $ 3,458.89 | GOLD | 4.00 | -49.70% | $ -3,417.11 |
GOLD KRUGERRAND 1/10 oz. PROOF PCGS PR69 | |||||
 Seller: vrod3689 72 (100.0%) Auction ending in 0d 10h 57m (16) Sebastopol,CA,USA | $ 193.95 | GOLD | 0.10 | 12.83% | $ 22.05 |
PROOF GOLD KRUGERRAND 1/4 oz | |||||
 Seller: vrod3689 72 (100.0%) Auction ending in 0d 11h 9m (15) Sebastopol,CA,USA | $ 490.00 | GOLD | 0.25 | 14.02% | $ 60.25 |
1983 gold krugerrand | |||||
 Seller: 7th-day-christian 281 (100.0%) Auction ending in 0d 11h 14m (No Bids) Pulaski,VA,USA | $ 1,800.00 | GOLD | 1.00 | 4.71% | $ 81.00 |
THREE (1) OZ. KRUGERRAND GOLD COIN UNCERCULATED starting bid only $5699.99 | |||||
 Seller: loco702 467 (100.0%) Auction ending in 0d 11h 16m (No Bids) Las Vegas,NV,USA | $ 5,699.99 | GOLD | 3.00 | 10.53% | $ 542.99 |
1982 Gold Krugerrand 1/4 ounce Coin | |||||
 Seller: zorcas 397 (100.0%) Auction ending in 0d 11h 59m (8) Eastsound,WA,USA | $ 430.00 | GOLD | 0.25 | 0.06% | $ 0.25 |
1/2 Ounce South African Krugerrand (Our Dates) | |||||
 Seller: AUTrading Store Inventory Available Now | $ 956.65 | GOLD | 0.50 | 11.30% | $ 97.15 |
South Africa Gold Krugerrand, 1979 Bullion | |||||
 Seller: scottdora1209 62 (100.0%) Auction ending in 0d 14h 4m (No Bids) Roy,WA,USA | $ 1,739.00 | GOLD | 1.00 | 1.16% | $ 20.00 |
1 Ounce South African Krugerrand (Our Dates) | |||||
Seller: AUTrading Store Inventory Available Now | $ 1,790.40 | GOLD | 1.00 | 4.15% | $ 71.40 |
1975 South Africa Krugerrand 1oz Fine Gold Coin | |||||
 Store: Fast Cash Pawn and J... 128470 (99.8%) Auction ending in 1d 2h 52m (24) Denver,CO,USA | $ 1,850.00 | GOLD | 1.00 | 7.62% | $ 131.00 |
1 Ounce South African Krugerrand 2011 BU | |||||
 Seller: AUTrading Store Inventory Available Now | $ 1,825.17 | GOLD | 1.00 | 6.18% | $ 106.17 |
| Items 1 to 20 of 141 | 1 2 3 4 5 6 7 8 Next | ||||
GOLD Price
| USD | Date | ||
| GOLD | 1,719.00 | 06/02/2012 | PM |
Gold Price Chart USD
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