South Africa · 1 oz Fine Gold · 1967–present
| Country | South Africa (South African Mint / Rand Refinery) |
| Denomination | 1 oz Fine Gold |
| Years struck | 1967–present |
| Gross weight | 33.93 g |
| Fine gold (AGW/ASW) | 31.103 g (1.0000 ozt) |
| Composition | 91.7% gold, 8.3% copper |
| Diameter | 32.77 mm |
| Thickness | 2.84 mm |
| Edge | Reeded |
| Designer | Otto Schultz / Coert Steynberg |
The Krugerrand was the first modern gold bullion coin and remains the most widely traded, containing one troy ounce (31.103 g) of gold in 22-karat crown gold, which gives it its characteristic coppery tone. It carries no face value; it is legal tender for the value of its gold.
| Issue | Mintage | Rarity | |
|---|---|---|---|
| 1967 | — | Details |
Introduced in 1967 to market South African gold to private owners, it dominated world bullion trade in the 1970s. Western import embargoes during apartheid (roughly 1985-1994) spurred the creation of competitors like the Maple Leaf and Gold Eagle.