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Rand Refinery
Rand Refinery Krugerrand 1 oz Gold Coin

Rand Refinery Krugerrand 1 oz Gold Coin

Best price now

$4,237.75at SilverGoldBull.comChecked Nov 10

Compared across 3 stores. Prices are checked against each store and labelled with when.

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Price facts

  • Last seen at $4,237.75 at SilverGoldBull.com on Nov 10.
  • Checked at 3 stores.
  • Our take on the Rand Refinery Krugerrand 1 oz Gold Coin

    The Krugerrand is the world's most widely held one-ounce gold bullion coin, first minted by the South African Mint in 1967. It is struck in 22-karat gold (91.67% gold, with copper for durability) but weighs slightly more than a troy ounce so it contains exactly 1 troy ounce of fine gold. That alloy makes it harder and more scratch-resistant than pure 24-karat coins like the Canadian Maple Leaf or Austrian Philharmonic, and it is the easiest bullion coin to buy and resell almost anywhere. It suits investors who want low-premium, liquid gold rather than a collectible, since bullion-grade coins are sold on metal value and dates are the seller's choice.

    Best forFirst-time gold buyersInvestors stacking bullion by weightBuyers who want easy resale worldwideHandlers who prefer a scratch-resistant coin
    Pros
    • Contains exactly 1 troy ounce of fine gold
    • 22-karat alloy resists scratches and dents better than pure gold
    • The most traded bullion coin in the world, so easy to sell
    • Low premium over the gold spot price
    • Recognized and accepted by dealers almost everywhere
    Cons
    • Sold as bullion, so the date you receive is the seller's pick
    • Coins may arrive circulated, with marks and wear
    • No face value and no legal-tender status outside South Africa
    • Copper content dulls the color compared with 24-karat coins
    • Not a collectible; condition does not add value

    Rand Refinery Krugerrand 1 oz Gold Coin prices at every store

    • SilverGoldBull.comNew

      In stock

      $4,237.75Free shippingChecked Nov 10
      Visit SilverGoldBull.com
    • BullionByPost.comNew

      In stockShips from abroad · duties may apply

      $4,335.00Free shippingChecked Nov 10
      Visit BullionByPost.com
    • AmazonNew

      Availability unknown

      As an Amazon Associate, Deal.ai earns from qualifying purchases.

      $5,244.91Free shippingChecked Nov 10
      Visit Amazon

    Rand Refinery Krugerrand 1 oz Gold Coin price history

    Lowest price we've seen: $4,237.75 on Nov 10 at SilverGoldBull.com. Tracked across 3 stores since Nov 10.

    What reviewers say

    Buyers of the one-ounce Krugerrand describe it as a straightforward bullion purchase: the coin arrives as expected, well protected, and matches its stated weight and purity. Most comments focus on the coin being genuine and clean rather than on collector quality.

    What people mention
    • ConditionMixedBuyers accept that bullion coins may show circulation marks, though some expect a cleaner coin.
    • PackagingPraisedOwners say the coin arrives well packaged and protected.
    • AuthenticityPraisedBuyers report the coin is genuine and matches the stated weight and purity.
    • Date selectionCriticisedThe specific year is the seller's choice, which disappoints buyers hoping for a particular date.

    From BullionByPost.com

    • Minted since 1967, the South African Krugerrand is the most popular and numerous one ounce bullion gold coin in the world
    • Offers a great value way to invest in gold
    • 22 karat gold but weighs more than a troy ounce, containing exactly 1 troy ounce of fine (24 karat) gold
    • 'Best Value' item: coins sent will be the seller's choice of date
    • Coins may be circulated and are sold based on their bullion value
    • Checked for weight and quality before dispatch
    Materials
    22 karat gold (fineness 916.7), containing 1 troy ounce (31.10348 g) of fine 24 karat gold; total weight 33.93 g
    Fit
    32.77mm diameter x 2.84mm thick
    Shipping
    Delivery is free and fully insured, with a 25kg weight limit per parcel; orders over 1.6kg sent via UPS with a 3-4 day delivery estimate; US orders under the st

    About the Rand Refinery Krugerrand 1 oz Gold Coin

    The Krugerrand is a South African one-ounce gold bullion coin, minted since 1967. It is the most popular and most numerous one-ounce bullion gold coin in the world. This coin is made by Rand Refinery.

    The coin is 22 karat gold (fineness 916.7). It weighs more than a troy ounce, 33.93 g in total, and contains exactly 1 troy ounce (31.10348 g) of fine 24 karat gold. It measures 32.77 mm in diameter and 2.84 mm thick.

    This is a Best Value item. The coins may be circulated, the date is the seller's choice, and the coin is valued on its bullion content.

    Type
    Gold bullion coin
    Fine gold
    1 troy ounce (31.10348 g) of 24 karat gold
    Purity
    22 karat, fineness 916.7
    Total weight
    33.93 g
    Diameter
    32.77 mm
    Thickness
    2.84 mm
    Minted since
    1967
    Date
    Seller's choice
    Condition
    May be circulated

    What buyers say

    Buyers like
    • Very efficient transaction, all as expected
    • Very quick delivery with no problem with the coin
    • Coin arrived perfect, clean and very well packaged

    Specifications

    Type
    Coin

    Questions and answers

    Is a Krugerrand really one ounce of gold?
    Yes. It is 22-karat gold but weighs 33.93 grams, so it holds exactly 1 troy ounce of fine 24-karat gold.
    Why is it 22-karat instead of 24-karat?
    Copper is added for hardness, so the coin resists scratches and dents better than pure gold coins like the Maple Leaf.
    Will I get a specific year?
    No. Bullion Krugerrands are sold on metal value, and the date is the seller's choice. Ask before buying if you want a particular year.
    Can the coin arrive scratched or worn?
    Yes. Bullion coins may be circulated, and marks do not reduce their gold value.
    How does it compare with a Canadian Maple Leaf?
    The Maple Leaf is 24-karat and .9999 fine; the Krugerrand is 22-karat and tougher. Both contain 1 troy ounce of gold.
    Does it have legal tender status?
    It is legal tender in South Africa only, and it carries no face value usable elsewhere.
    Where is the Rand Refinery Krugerrand 1 oz Gold Coin cheapest?
    At SilverGoldBull.com, for $4,237.75, as of our latest check.
    What do buyers say about the Rand Refinery Krugerrand 1 oz Gold Coin?
    Buyers like: Very efficient transaction, all as expected; Very quick delivery with no problem with the coin; Coin arrived perfect, clean and very well packaged.
    Where can I buy the Rand Refinery Krugerrand 1 oz Gold Coin?
    3 stores we checked sell it, including SilverGoldBull.com, BullionByPost.com, Amazon.