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The Gold Krugerrand is not just a bullion coin — it's a global symbol. Debuting in 1967 from the South African Mint and perfected by the world-famous Rand Refinery, South African Krugerrands were the very first modern investment gold coins on the market to the public. Their unparalleled liquidity, history, and wear-resistant nature have made them a popular investment vehicle for over 55 years.
We at BOLD Precious Metals provide a great selection of Krugerrand gold coins — from the standard 1 oz Gold Krugerrand to a range of fractional sizes — at low prices with safe, insured shipping.
Gold Krugerrands have maintained their status as one of the most trusted bullion coins for decades. Here’s why investors continue to turn to this classic option:
Once accounting for over 90% of the international gold coin market, Krugerrands continue to be widely accepted by dealers and investors around the world. Over 50 million ounces of gold Krugerrands have been bought since their first introduction.
Struck in 22-karat gold (.9167 fine), the coins are copper-alloyed for increased durability, presenting them in reddish color and increased scratch and wear resistance — ideal for long-term holding.
Coming in 1 oz, 1/2 oz, 1/4 oz, 1/10 oz, and 1/50 oz sizes, Krugerrands fit into any investor's budget and strategy. Fractional units were introduced in 1980 to provide increased investment possibilities.
Since Krugerrands are a South African legal tender (though they do not have face value), they get their value from gold content. Their international acceptability makes them freely sellable or purchasable anywhere.
Gold has always been an old standby asset. Krugerrands, specifically, are a completely documented vehicle for preserving wealth in questionable economic times. Their good track record and high profile provide additional confidence to investors.
Struck by the South African Mint, which is owned by the South African Reserve Bank in collaboration with Rand Refinery, the coins commemorate more than 130 years of minting excellence and tradition.
All gold Krugerrand coins come with a heritage-laden history. Produced as early as 1967, the Krugerrand was the first bullion gold coin ever made available to the public for investments globally. The Krugerrand paved the way for modern bullion coins like the American Gold Eagle and Canadian Maple Leaf.
Otto Schultz designed the obverse with President Paul Kruger — a highly important historical South African — and the reverse with a springbok antelope, the symbol of South Africa. "Krugerrand" is the combination of Kruger + rand (South African monetary unit).
Although banned in most countries in the apartheid decade of the 1970s–1980s, the Krugerrand remained widely popular and regained world popularity after sanctions were lifted in the 1990s. Its resilience during political and economic turbulence speaks volumes of its firm underpinning and global confidence.
While the original 1 oz Krugerrand is still the top choice, investors can also purchase fractional denominations as a matter of convenience and affordability. These include ½ oz, ¼ oz, 1/10 oz, and the tiny 1/50 oz coins. There is even proof and limited mintage varieties available for collectors.
Here are the key specifications:
Weight | Purity | Actual Gold Weight | Total Weight | Diameter | Thickness |
---|---|---|---|---|---|
1 oz | .9167 | 31.103 g | 33.93 g | 32.77 mm | 2.84 mm |
½ oz | .9167 | 15.552 g | 16.96 g | 27.07 mm | 2.215 mm |
¼ oz | .9167 | 7.776 g | 8.48 g | 22.06 mm | 1.888 mm |
1/10 oz | .9167 | 3.110 g | 3.39 g | 16.55 mm | 1.35 mm |
The South African Mint mints all coins with care and precision in collaboration with Rand Refinery, which holds the legal rights to the Krugerrand name.
As of 1st July 2025, the Gold Krugerrand's face value depends on size. The 1 oz Krugerrand will be priced around $3458.30, and a ½ oz coin around $1822.30. The ¼ oz type usually retails for about $967, and the 1/10 oz Krugerrand around $380. Prices tend to move with the gold spot and the mark-ups by the dealer.
Want to test the genuineness of your coin? Here are some simple tests:
When buying online, only use reputable sources like BOLD Precious Metals.
A Gold Krugerrand costs as much as the spot price of gold plus a minor premium of the dealer. Higher denominations, such as the 1 oz, tend to have a better dollar cost for gold, while lower denominations provide value.
For example, as of July 2025, a Krugerrand may range between $2,350–$3300 depending on market conditions and sizes.
One of the most popularly sought and traded gold coins globally, the Krugerrand Gold Coin is over 55 years old. It represents power, worth, and the immense heritage of South Africa. First launched in 1967, the Krugerrand made it possible for common investors to possess gold, an accomplishment that made the world take notice of bullion coins.
We're delighted here at BOLD Precious Metals to provide this legendary coin with unstated pricing, insured, secure delivery, and personal customer service. All Gold Krugerrands we sell are straight from the South African Mint and Rand Refinery — organizations recognized for their quality and reliability.
Even in the days of apartheid in South Africa, when a few nations used trade prohibitions, the Krugerrand was sought after. Its comeback after the apartheid was wiped out added further to its universal acceptability, and it is one of the most popular choices for investors and collectors now.
A first-time investor in gold or an experienced buyer, Krugerrands provide authenticity, strength, and very high liquidity, all coupled with a record of dependability.
Gold Krugerrands are .9167 fine (91.67% gold), alloyed with copper for durability and long-term wear resistance.
Yes. Their long-standing global recognition, strong liquidity, and low premiums make them one of the most practical gold investments available.
In addition to the classic 1 oz Gold Krugerrand, you’ll find options in ½ oz, ¼ oz, 1/10 oz, and 1/50 oz.
Yes. While they don’t have a face value printed, Krugerrands are considered legal tender in South Africa.
Most custodians require .999+ purity for IRA gold, so Gold Krugerrands typically do not qualify. We recommend checking with your IRA provider.