The Gold Krugerrand is a 22 carat coin which contains exactly 1 oz of Gold, the total mass of the coin is 1.09oz. Investors can buy Gold Krugerrand coins for a lower premium than some of the other 999.9 Gold bullion types. The coin’s composition is 91.67% Gold and 8.33% copper which makes the coin more durable and scratch resistant for circulation and general storage
Gold Krugerrands were first minted as 1oz coins in 1967. The 1⁄2, 1⁄4, and 1⁄10 ounce denominations was not released until 1980. The name ‘Krugerrand’ is actually a trade mark which is owned by the Rand Refinery who manufacture the Gold Krugerrand coins. Weighing 33.93g, this copper-Gold alloyed coin was once the most popular Gold coin in the world before sanctions impacted South Africa, in 1980 it held a 90% share of the Global Gold coin trade
World Famous
Gold Krugerrands are known throughout the world and were once the most popular Gold bullion coin in the world