South African KRUGERRAND Gold Coin「916.7」1 oz., ½, ¼ and ⅒ oz.

The Krugerrand is one of the world’s most famous and widely traded gold bullion coins. First introduced in 1967 by the South African Mint and Rand Refinery, it was created to promote private gold ownership and make gold investment accessible to the public.

Named after Paul Kruger, the former president of the South African Republic, and the rand, the country’s national currency, the coin quickly became a global standard for bullion investment. The obverse features Paul Kruger’s portrait, while the reverse depicts the iconic springbok antelope.

Krugerrands are minted primarily in 22-karat gold (91.67% gold) with added copper for durability, giving them a slightly reddish tone. They are available in multiple sizes—1 oz, ½ oz, ¼ oz, and 1/10 oz—with the 1 oz being the most recognized.

The coin’s popularity stems from its high liquidity, low premiums, and international recognition, making it a preferred choice for both new and seasoned investors. Today, the Krugerrand remains a benchmark in the global bullion market and a symbol of reliable gold investment.

Although the Krugerrand is struck in 22-carat (916.7) gold, each 1 oz coin contains a full troy ounce of pure gold. The copper alloy increases the coin's gross weight to approximately 33.93 g and improves its durability.