South African Krugerrand 1oz
The world's first modern bullion coin and still its most-traded.
Compare live prices →History
First struck in 1967 by the South African Mint to give private investors a way to own gold during the gold-ownership restrictions of the era. Roughly half of all gold bullion coins ever produced are Krugerrands. They were embargoed in many Western countries during the apartheid sanctions of the 1980s and re-entered the global market freely after 1994.
Design
Obverse
Paul Kruger, Boer leader and last president of the Transvaal Republic (1883–1900), profile right. Designed by Otto Schultz.
Reverse
A springbok antelope — South Africa's national animal — leaping right. Designed by Coert Steynberg.
Specifications
| Purity | 91.67% gold (22-karat with copper) |
| Weight | 1 oz pure gold (33.93 g gross) |
| Diameter | 32.77 mm |
| Thickness | 2.84 mm |
| Face value | No denomination (legal tender by weight) |
| First issued | 1967 |
| Mint | South African Mint / Rand Refinery |
Why investors choose it
Consistently the lowest-premium 1 oz gold bullion coin from a major sovereign issuer, with the deepest secondary market worldwide.
