South Africa · 1967 – present
South African Krugerrand (1 oz) value
The coin that created the modern bullion market. A Krugerrand holds one troy ounce of fine gold in a copper-rich 22-karat alloy that gives it a distinctive warm colour.
Live melt value
| Currency | Gold spot / oz | Coin melt value |
|---|---|---|
| USD | 4,258.80 | 4,258.82 |
| EUR | 3,746.33 | 3,746.35 |
| GBP | 3,222.93 | 3,222.95 |
| JPY | — | — |
| CHF | — | — |
Coin specifications
- Gross weight
- 33.93 g
- Fineness
- 917/1000 (91.67%)
- Fine metal content
- 31.104 g (1.0000 oz)
- Metal
- Gold
- Issuer
- South Africa
- Minted
- 1967 – present
Other gold coins
Frequently Asked Questions
How much pure gold is in a South African Krugerrand (1 oz)?+
31.104 g — the coin weighs 33.93 g gross at 917/1000 fineness, which is 1.0000 troy ounces.
How is the South African Krugerrand (1 oz) value calculated?+
We divide the coin's fine metal content by 31.1035 to get troy ounces, then multiply by the live gold spot price in your chosen currency. The result is the melt value, before any dealer premium.
Will a dealer pay the melt value?+
Buy-back offers usually sit slightly below melt for common coins and above melt for sought-after dates or grades. Use the melt value as your baseline when comparing offers.