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The Gold Standard

The Krugerrand’s unique features set the standards for other gold bullion coins and are the reasons why it is internationally acclaimed and recognised by millions of people around the world.

The World’s First Bullion Coin

Issued only in South Africa, the Krugerrand was the first gold coin in the world to be denominated in ounces of pure gold. Launched in 1970, it was first only produced as a 1oz gold bullion coin. Then, recognising an opportunity in the market, fractionals of a ½oz, ¼oz and 1/10oz were introduced in 1980.

Traded Internationally

As the Krugerrand is so easily and well recognised, buying and selling Krugerrands internationally is simple and straightforward. They can be bought from and sold to thousands of coin dealers, banks and their branches worldwide. This also makes them an investment with high liquidity.

Traded For Gold Content

Unlike collector coins, where value is determined by their rarity and condition, Krugerrands are valued for their gold content and carry a small premium as a result.

Easily Determined Value

At any time, the value of a Krugerrand can easily be determined based on the given gold price in troy ounces. The various denominations further facilitate making the calculations as they are exact amounts.

Legal Tender Coin

Minted by the South African mint, Krugerrands have always been legal tender coins under South African legislation. This means, that unlike many cast or minted gold bars, they don’t need to be assayed or melted down on resale.


With a gold purity of 22 carats, Krugerrands are hard enough to resist normal scratching and denting. This enhanced durability and strength further help retain their value and tradability, unlike 24 carat bars and coins that are easily damaged and require protective packaging.

A Golden Opportunity

The internationally acclaimed Krugerrand is the most widely held and actively traded bullion coin in the world, with over 60 million sold. It is the easiest way for investors to own and trade gold. For many centuries and across many continents, gold has been a trusted store of value, especially in financially challenging times.

A hedge against inflation and other economic uncertainties, it retains its value better than many other commodities and stocks. With the increase in demand for gold, the Krugerrand is an attractive and sought-after investment product, serving as a safe haven for wealth preservation.

Worth Its Weight In Gold

Designed for discerning investors worldwide, Krugerrands are ounce-denominated bullion coins, available in four sizes containing exactly 1oz, ½oz, ¼oz or 1/10 oz of pure gold. Their value is directly linked to their gold content. Krugerrands are 22 carat coins, containing 11/12 24 carat gold and 1/12 copper. As a traditional alloy used in gold coins that serve as currency, copper hardens the coins, enhancing their durability and strength. This further makes the Krugerrand an ideal and tradable investment vehicle.

Source: Rand Refinery