Historically, one of the best selling world gold coins are the Krugerrand Gold Bullion Coins. Over the decades, they've been among the most successful gold coins in the history of modern gold bullion coins. The Krugerrand got its name from Paul Kruger, South Africa’s first and only president. Feb 06, 2021 The South African Krugerrand is a 22-karat gold coin weighing 1.0909 ounces (or 33.930 grams). Each coin consists of 2.826 grams of copper alloy providing increased durability, scratch resistance and unique orange-gold coloring. The gold Krugerrand has a thickness of 2.74 mm thick, a diameter of 32.6 mm and a fineness of.9167.

As perhaps the first bullion coin ever designed and issued, the Gold South African Krugerrand is regarded as the “elder statesman” of gold bullion coins. Due to its popularity, other countries followed suit years later with the U.S. government minting the American Gold Eagle coins and Canada issuing the Canadian Gold Maple Leaf coins. This coin comes in 1 oz, 1/2 oz, 1/4 oz, 1/10 oz sizes. Use the calculator to help figure out the melt value of any.

Denomination	Diameter (mm)	Thickness (mm)	Weight (g)	Purity	Gold content		Current Melt Value
					(g)	(oz)
1 oz	32.77	2.84	33.930	22 karat 91.67%	31.103	1.000	$1684.44
1/2 oz	27.07	2.215	16.965	22 karat 91.67%	15.552	0.500	$842.22
1/4 oz	22.06	1.888	8.482	22 karat 91.67%	7.776	0.250	$421.11
1/10 oz	16.55	1.35	3.393	22 karat 91.67%	3.110	0.100	$168.44

1 oz Gold Gold Krugerrand

While the coin itself weighs 1 ounce, the 1 oz Gold South African Krugerrand is actually only 91.7% gold with the remainder metal being copper. This lends an orange tint to the coin instead of the more brilliant hue when silver is used. Since this is strictly a bullion coin, the 1 oz Gold South African Krugerrand has a value based strictly on gold spot value with a slight premium. These coins, while collectible in their own right, are more of a gold investment coin instead of a collectible coin such as the Canadian Gold Maple Leaf or U.S. American Gold Eagle coins.

Current Gold Price: $1836.90/oz

Recognized worldwide as the first standard for gold bullion coins, the 1 oz Gold South African Krugerrand is a very popular and very attractive way for investors to have gold on-hand and is a great alternative to gold bars or ingots.

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