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  • 1 troy ounce gold Krugerrand coin
  • 1 troy ounce gold Krugerrand coin  2024 back
  • 1 troy ounce gold Krugerrand coin  2024 angle 1
  • 1 troy ounce gold Krugerrand coin  2024 angle 2
  • 1 troy ounce gold Krugerrand coin  2024 angle 3
  • Mint condition

1 troy ounce gold Krugerrand coin 2024

2.352,00 Per piece 75,62 Per gram

The price per gram is calculated by dividing the price per piece by the netto weight of the coin.

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16 in stock
Delivery time beyond stock: 2 - 3 weeks
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This is a new gold Krugerrand coin from 2024. Originating from South Africa, this coin contains 1 troy ounce of pure gold.... This is a new gold Krugerrand coin from 2024. Originating from South Africa, this coin contains 1 troy ounce of pure gold. Globally, the Krugerrand is one of the most renowned gold investment coins.
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From
Price per piece
5
2.350,00
10
2.348,00
25
2.346,00
50
2.344,00

Specifications

South African Mint
Selling price
€ 2.352,00
Price per gram
€ 75,62
Net weight
1 troy ounce (31,103 gram)
Fineness
91,67%
Brutogewicht
33,93 gram
Condition
Brilliantly Uncirculated
Year of issue
2024
Mint
South African Mint

Information

Gold Krugerrand coin from 2024

The gold Krugerrand is issued each year in South Africa, where the South-African Rand Refinery is responsible for minting these coins. The Krugerrand is a very famous coin with a rich history, it was first issued in 1967 and is thus the first coin that was traded extensively purely for its gold value.
 
A Krugerrand contains 1 troy ounce (31.103 gram) of pure gold and is easy to trade. What differentiates the Krugerrand is its lower gold content. The coin weighs slightly more than 1 troy ounce, namely 33.933 grams and the purity of the coin is lower than other coins, not 99.9% but 91.67%. Nevertheless, the coin does contain exactly 1 troy ounce of fine gold, making it as readily tradable and equally valuable as any other gold investment coin.
 
The reason why the coin is minted in a higher weight is because the South African Rand Refinery also wanted to include a copper alloy in the coin. This is to make the coin more durable than if it were minted in pure gold alone. Gold is a quite vulnerable metal material and therefore it easily gets scratches or other damages - something that is not likely to happen with the Krugerrand.

Design of 1 troy ounce gold Krugerrand coin

1 troy ounce gold Krugerrand coin


Obverse

On the obverse of the coin, the springbok is depicted with the word Krugerrand at the top, the year on the sides and below the springbok the words FYNGOUD and FINE GOLD 1 OZ are displayed.

1 troy ounce gold Krugerrand coin


Reverse

Paul Kruger, president of South Africa from 1883 to 1900, is depicted on the reverse of the Krugerrand coin. The phrase Sud Afrika - South Africa appears beneath his image. 

Buying Krugerrand coins

Officially, the Krugerrand has the status of legal tender despite the fact that there is no nominal value displayed on the coin. However, in practice, the Krugerrand is not used as legal tender because the gold value is much higher than what the nominal value would be. The gold Krugerrand coins are primarily traded for their gold value.
 
Looking to buy gold coins for investment? Then the gold Krugerrand is often an affordable choice. A majority of all customers who purchase gold investment coins of 1 troy ounce choose between the Maple Leaf and the Krugerrand. Internationally, the Krugerrand is also the most common and most prevalent coin.
 
A Krugerrand is available at a relatively low premium, making it relatively inexpensive to invest in gold this way. In addition to the 1 troy ounce gold Krugerrand, smaller denominations are also available of 1/2 troy ounce, 1/4 troy ounce and 1/10 troy ounce.


Featured

  • Gold Krugerrand from the current year
  • Most well-known gold investment coin worldwide
  • Issued since 1967 by the South African Mint


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South African Mint

South African Mint

The South African Mint is responsible for minting all coins of the South African rand on behalf of its owner, the South African Reserve Bank. Located in Centurion, near South Africa's capital, Pretoria, this mint produces coins for both domestic and international markets.