1 oz Krugerrand Gold Coin - Random Year

When it comes to liquidity, legacy, and long-term store of wealth, few bullion coins compete with the legendary 1 oz Gold Krugerrand. First issued in 1967 by the South African Mint, the Krugerrand was the original modern gold bullion coin, and it remains one of the most widely traded and recognized gold coins in the world. Whether a new investor or a seasoned gold stacker, buying a secondary market 1 oz Krugerrand gives you unbeatable value, proven liquidity, and immediate global recognition.

Why Buy a 1 oz Krugerrand Gold Coin?

With a 57-year mintage history, the South African Krugerrand price reflects its status as one of the most liquid gold investments. 

Widely traded on the secondary market, these coins are easy to buy and sell, ensuring you can quickly convert your investment to cash.  

Secondary market 1 oz Krugerrands often have lower premiums than new coins, delivering more gold for your money.  

Crafted from 22k gold (91.67% pure) alloyed with copper, the Krugerrand's robust composition ensures lasting durability and a distinctive reddish-gold hue that captivates collectors and investors alike.

Unlike some bullion coins, the 1 oz Krugerrand has no nominal face value. Its legal tender status in South Africa is tied directly to its gold melt value. 

Design & Legacy

Introduced in 1967, the Krugerrand revolutionized private gold ownership, becoming the blueprint for modern bullion coins. 

• Obverse: Portrait of Paul Kruger, former South African President and symbol of independence.
• Reverse: The iconic Springbok antelope, the country's national animal, framed by inscriptions denoting weight and purity.
• Metal Content: 1 troy oz of pure gold (91.67% gold, 8.33% copper)
• Total Weight: 33.93 grams (1.0909 troy oz)
• Legal Tender: Carries no nominal face value; its worth in South Africa is based solely on its intrinsic gold Krugerrand melt value.
• Mintage: Issued annually since 1967 by the South African Mint

The slightly reddish tint from its copper alloying gives the Krugerrand a unique and distinctive appearance that separates it from other gold bullion coins like the American Gold Eagle or Canadian Maple Leaf.

Benefits of Secondary Market Krugerrands

• Lower Premiums: Often priced closer to the gold Krugerrand melt value than brand-new coins.
• Trusted Authenticity: Experienced dealers inspect and verify each coin for purity and weight.
• Easy to Sell: The Krugerrand is one of the most widely accepted coins by dealers, both online and brick-and-mortar.
• Portfolio-Friendly: A must-have for any serious precious metals investor looking for a hedge against inflation and a proven asset with enduring demand.

Despite U.S. import bans from 1986 to the 1990s due to apartheid sanctions, the coin's global popularity never waned. Today, its enduring legacy and widespread availability on the secondary market make it a trusted choice for investors seeking Krugerrand value. 

Whether you're a seasoned bullion buyer or new to precious metals, the 1 oz Krugerrand Gold Coin is a valuable addition to any portfolio. From hedging against inflation to preserving wealth for future generations, this coin delivers tangible value you can hold in your hand.   

Potential Numismatic Value

As a vintage gold coin, some 1 oz Krugerrand may also carry numismatic value. Learn more about 1 oz Krugerrand Coin Values in our Bullion Coin Value Guide.

FindBullionPrices.com tracks prices from some of the most trusted and reputable online bullion dealers to help find the lowest prices on 1 oz Krugerrand Gold Coin - Random Year.

The gold prices on our site for coins and bullion are updated hourly and adjusted with gold spot price. We give you the tools to compare prices of gold coins from well-reviewed bullion dealers.

Comparing prices for Gold Krugerrands across multiple bullion dealers help to ensure that you pay the lowest price.

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