Krugerrand 1 oz Gold

Description

The Krugerrand was the first modern investment gold coin, launched in 1967 by South Africa to promote the sale of South African gold in international markets. It quickly became the industry standard. Its 22-karat alloy (with copper) gives it greater wear resistance than pure gold coins, while maintaining exactly 1 troy ounce of fine gold.

Key highlights

• First bullion coin in history — defined the category
• Contains exactly 1 oz of fine gold despite being a 22k alloy
• The world's most traded gold coin, with over 50 million units sold
• Its distinctive reddish colour comes from the copper alloy
• No face value — its nominal value is the price of its gold content

Specifications