Krugerrand 1 oz
South Africa · gold · 1967-today
Overview
The Krugerrand is the first modern bullion coin: South Africa has struck it since 1967 to give the country's gold a monetary form recognised worldwide. The obverse shows Paul Kruger, president of the South African Republic at the end of the nineteenth century; the reverse a springbok, the antelope that is the national emblem. The 916.67 ‰ alloy (22 carat) contains copper, which gives the coin its characteristic coppery hue and good resistance to handling: it weighs 33.93 g for 31.103 g of fine gold, one troy ounce, and measures 32.77 mm across and 2.84 mm thick. It is legal tender without a face value; fractions of a half, a quarter and a tenth of an ounce also exist. Very widely traded, it is also one of the most imitated coins: weight to the centigram, diameter and ring are the first checks. At Gold & Silver Company in Dottignies, every Krugerrand is weighed and appraised in front of the person; the assay in the agency is what counts.
Fractions: 1/2 oz 16.965 g Ø 27.07 mm; 1/4 oz 8.482 g Ø 22.06 mm; 1/10 oz 3.393 g Ø 16.55 mm.
Characteristics
| Country | South Africa |
|---|---|
| Metal | gold |
| Gross weight | 33.93 g |
| Fineness | 916.67 ‰ |
| Fine metal | 31.103 g |
| Diameter | 32.77 mm |
| Thickness | 2.84 mm |
| Years of issue | 1967-today |
How to check it
Indicative check: weigh the coin to the centigram and measure its diameter with callipers; a deviation of more than 0.1 g or 0.2 mm from the reference values warrants an examination in the agency. The assay in the agency is what counts.
At Gold & Silver Company
Every coin is weighed and appraised in front of the person, at the agency in Dottignies (Mouscron); the price is set at the rate of the moment of the transaction and is never published in advance.
Welcome policy: for gold, Gold & Silver Company receives by appointment from one kilogram; below that, no appointment is needed during opening hours; for silver, no appointment is needed whatever the quantity.
Related terms
Further reading
Sources
Characteristics checked against the reference numismatic catalogues and the issuers' official specifications (September 2026). The appraisal in the agency is what counts.