1 Oz Gold South African Krugerrand

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Krugerrand
South Africa
Value 1 troy oz. fine gold
Mass  34.05 g  (1.09 troy oz)
Diameter  32.6 mm  (1.28 in)
Thickness  2.84 mm  (0.11 in)
Composition Gold (91.67% Au, 8.33% Cu)
Years of minting 1967-Present
Obverse
Kruger01.jpeg
Design 1967 by Otto Schultz - Profile of Paul Kruger with "SUID-AFRIKA·SOUTH AFRICA" in the legend.
Reverse
Design 1967 by Coert Steynberg - A springbok antelope with the mint date in the field. The legend is inscribed with "KRUGERRAND" and the gold weight.

 


 Krugerrand Specifications

Denomination Diameter*
(mm)
Thickness*
(mm)
Weight
(g)
Fineness Gold content Edge reeded
(g) (oz t)
1 oz 32.77 2.84 33.930 22 carat 91.67% 31.103 1.000 160**
1/2 oz 27.07 2.215 16.965 22 carat 91.67% 15.552 0.500 185
1/4 oz 22.06 1.888 8.482 22 carat 91.67% 7.776 0.250 150
1/10 oz 16.55 1.35 3.393 22 carat 91.67% 3.110 0.100 115
* Maximum dimensions

The Krugerrand is 32.6 mm in diameter and 2.74 mm thick. The Krugerrand's actual weight is 1.0909 troy ounces (33.93 g). It is minted from gold alloy that is 91.67% pure (22 karats), so the coin contains one troy ounce (31.1035 g) of gold. The remaining 8.33% of the coin's weight (2.826 g) is copper (an alloy known historically as crown gold which has long been used for English gold sovereigns), which gives the Krugerrand a more orange appearance than silver-alloyed gold coins. Copper alloy coins are harder and more durable, so they can resist scratches and dents.

The Krugerrand is so named because the obverse bears the face of Boer statesman Paul Kruger, four-term president of the old South African Republic. The reverse depicts a springbok, one of the national symbols of South Africa. The image was designed by Coert Steynberg, and was previously used on the reverse of the earlier South African five shilling coin. The name "South Africa" and the gold content are inscribed in both Afrikaans and English (as can be seen on the pictures of the coin).

The word "Krugerrand" is a registered trade mark owned by Rand Refinery Limited, of Germiston, South Africa.

 

 

 

 

 

 

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