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	$1685.26
1/2 oz	27.07	2.215	16.965	22 karat 91.67%	15.552	0.500	$842.63
1/4 oz	22.06	1.888	8.482	22 karat 91.67%	7.776	0.250	$421.32
1/10 oz	16.55	1.35	3.393	22 karat 91.67%	3.110	0.100	$168.53

1 oz Gold Gold Krugerrand

Buy Gold Krugerrand Coins. The 1 oz Gold Krugerrand Coin is minted in 22-karat gold (.9167 fine) by the South African Mint Company. Alloyed with copper for exceptional wear-resistance, this gold coin has a beautiful rose-tinted hue. First minted in 1967, the Gold Krugerrand Coin was for many years the only gold bullion coin available in the market. Krugerrand The 1-ounce gold Krugerrand bullion coin is among the most recognizable investment coin on the market, being the first investment-grade gold bullion coin ever offered. The South African Krugerrand is made using 91.67% pure gold, along with a copper alloy for increased durability, yet possesses one full troy ounce of gold per coin.

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: $1837.80/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.

Here are the current Krugerrand specifications from the South African Mint. Using these specifications allows anyone who trades Krugerrands a quick and easy method to verify that you do not have a counterfeit Krugerrand. Gold is a very dense metal, and difficult to fake. For example, the common stand in for gold you hear always hear about is lead. It's actually a very poor choice- if a counterfeiter cast lead into gold plated blanks matching the Krugerrand specifications for diameter and width, it would only be about 66% as heavy as it should be. (Tip: Krugerrands are not pure gold- they are actually 22K. The reason why is they are alloyed with copper to make them more durable, a 24K gold coin could be bent with your fingers- the alloy adds some strength. So each Krugerrand is 11 parts gold to 1 part copper. There is one full ounce of gold in a one ounce Krugerrand, but it is heaver than that in the Krugerrand specifications due to the added copper content.) An informed buyer can measure diameter and width using calipers, or an extremely fine ruler. A good quality digital scale can give an you accurate reading on weight. Measuring width, diameter, shape and weight greatly reduce your chances of receiving a fake. If this sounds like too much work, there's a quick and easy solution do the testing for you- we use a Fisch Instruments tester, you can find one on our Krugerrand tester page.

1 oz Krugerrand Specification

Gold Content: 1.0 oz, or 31.103 grams.
Weight: 33.930 g
Fineness: 22 carats
Diameter: 32.77 mm
Thickness: 2.84 mm

1/2 oz Krugerrand Specification

Gold Content: .5 oz, or 15.552 grams.
Weight: 16.965 g
Fineness: 22 carats
Diameter: 27.07 mm
Thickness: 2.215 mm

1/4 oz Krugerrand Specification

1979 Krugerrand 1 Oz Gold

Gold Content: .25 oz, or 7.776 grams.
Weight: 8.482 g
Fineness: 22 carats
Diameter: 22.06 mm
Thickness: 1.888 mm

Krugerrand 1 Oz Gold Coin

Krugerrand 1 Oz Value

1/10 oz Krugerrand Specification

Gold Content: .1 oz, or 3.110 grams.
Weight: 3.393 g
Fineness: 22 carats
Diameter: 16.55 mm
Thickness: 1.35 mm