Buy 1 oz South African Gold Krugerrands | Gainesville Coins ®

1 oz South African Gold Krugerrand - Random Dates

SKU: SAGB1 14 Reviews
south african gold krugerrand random
south african gold krugerrand random
south african gold krugerrand random
south african gold krugerrand random
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Buy 1 oz South African Gold Krugerrand - Random Dates


How To Buy 1 oz Gold Krugerrands


Gainesville Coins strives to provide the best buying experience possible. We accept a wide variety of payment options such as credit cards, bank wires, checks and crypto currency. Please call us at 813-482-9300, submit a contact form or email us directly at Sales@GainesvilleCoins.com with any questions.

What Are Gold Krugerrands

The Krugerrand was first introduced by the South African government in 1967. In the five decades since, it has set the standard model for a gold international trade coin. All of today's modern bullion coin series from other state mints are patterned after the -- tremendously successful -- experiment of the Krugerrand.

No other government-issued gold bullion coin has enjoyed the same level of sustained success and popularity as South Africa's Gold Krugerrand.

Gold Krugerrand Specifications

Krugerrands bear an edge design that uses a reeded (also known as serrated) pattern. The three fractional sizes of the Krugerrand that have been issued by the Rand Refinery (in partnership with South Africa's state mint) since 1980, which measure 1/10 oz, 1/4 oz, and 1/2 oz, each have a slightly different number of serrations.

Special collectible Krugerrands with a proof finish, which means that the coins exhibit mirrored fields and frosted relief devices, are given 220 serrations, the most of any variety in the series.

In terms of precious metal content, the standard-size Krugerrand contains one troy ounce of pure gold. It has a net weight of 33.93 grams.

Each Krugerrand coin, regardless of size, is struck from 22-karat gold, meaning it is .917 fine gold (91.7% pure gold). This alloy is known as "Crown gold." It is alloyed with copper to give the coins more durability. The combination of metals also creates the distinctive orange-gold hue that the Krugerrand is known for.

In other words, the Gold Krugerrand has the same amount of pure gold (1 troy oz) as other gold bullion coins that are .9999 fine, such as the Gold Maple Leaf from Canada. The only difference is that a Krugerrand will stand up to wear and handling better than a 24-karat gold coin. Gold of this high purity is much softer than the Crown gold alloy.

The 1 oz Gold Krugerrand has a maximum diameter of 32.77 mm across and a maximum thickness of 2.84 mm.

The South African Krugerrand: Reviving the International Trade of Physical Gold

One of the things that made the Krugerrand unique was its lack of a denomination. It has no legal tender face value, which means these coins are traded based on their weight as bullion alone (i.e. the melt value of their gold content).

The Distinguishing Features of the Gold Krugerrand

The name of the Krugerrand is a compound word derived from two sources that make perfect sense: 1) Paul Kruger, the "founding father" and president of the South African Republic (ZAR), who is pictured on the obverse of the coin; and 2) the rand, the name of the country's currency.

On the reverse design that was created by the artist Coert Steynberg, a type of antelope native to South Africa known as the springbok is shown prancing along to the right. It divides the four digits of the year-date, with two numbers appearing on either side of the animal. "KRUGERRAND" stretches across the top half of the rim. The bottom rim includes the inscription "FYNGOLD 1 OZ FINE GOLD," using both English and the national language, Afrikaans.

The same is true of the obverse inscription: It reads "SUID-AFRIKA" and "SOUTH AFRICA" across the outer rim, using both languages. Afrikaans was derived from Dutch, as many of the original European settlers in the country were from the Netherlands. Afrikaans shares a syncretistic or "creolized" relationship with other dialects native to Africa. Incredibly, it is just one (along with English) out of eleven official languages spoken in South Africa.

The springbok is used elsewhere as a national symbol, serving as the mascot for the country's popular national rugby team. Kruger's portrait on the obverse was created by Otto Schultz, with small adaptations made by engraver Tommy Sasseen from the original image by Schultz.

Buy Gold Krugerrands Online for the Lowest Premiums Available!

Gainesville Coins offers these 1 oz South African Gold Krugerrand coins (Random Date) for the lowest premium over spot that you will find anywhere.


Stock photos only. Random dates based on in stock inventory.

south african gold krugerrand random

Specification

Year
1967-2011
Metal
Gold
Fineness
0.9167
Actual Metal Weight
1 ozt
Weight
33.93 gram
Legal Tender
Yes
Face Value
1 Rand
Mint Name
South African Mint
Obverse Designer
Otto Schultz
Reverse Designer
Coert L. Steynberg
Diameter
32.77 mm
Thickness
2.84 mm
Edge Design
reeded
Series
Krugerrand

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Customer Ratings & Review

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Showing 14 reviews.
Nick15
Gold Krug
Thursday, April 25, 2019
Nice Coins for just buying gold without the fluff
0 of 0 people found this helpful
Rayy
Good Choice For Gold
Monday, October 15, 2018
Gainesville had these on their daily deal and couldn't resist picking a few up.
2 of 2 people found this helpful
Benny
my top pick
Wednesday, January 17, 2018
I like that these coins are recognized all over the world.
3 of 3 people found this helpful
Eden
very cool older coin
Monday, January 15, 2018
This is my first purchase of a non current date bullion coin and I'm very pleased. I know Krands are a popular choice and pricing on these is spot on. I'll be buying these again
2 of 2 people found this helpful
Douglasart
Cant go wrong with the krand
Tuesday, June 20, 2017
The krand is the most recognized gold coin in the world. Even non coin people have prob. heard of this thing. Coin arrived in excellent condition considering how old it is and the pricing was right on point. I paid with a personal check and the transaction went very smoothly. The packing is also very secure and it took alot of effort to actually get the box open.
3 of 3 people found this helpful
guy88
Quick ship, great quality, great prices!
Friday, February 19, 2016
5 Stars for Gainesville Coins! Best prices, fast shipping, and top notch service. Sure these Krugs are the worst looking gold coins compared to all the others out there, but these are recognized worldwide and have the lowest premium. Get this if you are a coin collector and want one of each Eagle, Maple Leaf, Panda, etc. Gold is a store of value, it is an insurance policy that is tangible and won't go to zero. Your paper money isn't backed by anything and is slowly getting replaced by Ones and Zeros. Till that day comes where everything is digital, you do not want a power outage or if terrorists strike the power grid, you won't have access to your money for awhile. Think about it!
5 of 5 people found this helpful
HappyGainesvilleCustomer
Great Product - at least the Krugerrands I received - and fast quality shipping.
Sunday, November 9, 2014
The Krugerrands I received were in excellent condition regardless of the dates. The oldest one was just a little duller than the rest but the majority seemed to be excellent to about uncirculated quality. These obviously sat in a safe for most of their lifetime. This was a great transaction from beginning to end. Krugerrands at Gainesville Coins are one of the best gold coin bargains on the market today. Would purchase again when I can afford them.
6 of 6 people found this helpful
36102
Is the Krugerrand For You?
Wednesday, September 10, 2014
I was fortunate to learn from a Frenchman why you buy gold and we started buying Krugerrands (KR) in the early '70's through Canada because they were not yet legal in the US. If you are a coin collector, one or two KRs will do you. If you are serious about store of value, then the KR is for you. Gainsville provides the best value for this coin. I use them for my purchases and have never been disappointed. Also consider the British Gold Sovereign, but you pay a higher premium. Both coins are recognized worldwide and should be your basis for real money. Look closely at your dollar bill - it is a piece of paper that is turning into plastic money that does not hold any store of value.
8 of 9 people found this helpful
Keoni
Great price, but the Krugerrand is not all that impressive.
Saturday, June 7, 2014
Great price, but the Krugerrand is not all that impressive. The coins arrived quickly and in good condition. That pretty well sums it up for me. GC just had a price I could not pass up for any 1 ounce gold coin. Unfortunately, for me, the Krugerrands just are not all that impressive. A side by side comparison with the Eagle, Buffalo, Maple Leaf, Kangaroo, Philharmonic and others and it is definitely not much to look at. But they are 1 ounce of gold and internationally recognized and respected, so what the heck.
9 of 14 people found this helpful
Verne
Krugerrand Review
Friday, January 24, 2014
The Krugerrand is my favorite gold coin. I've bought many of these random date Krugerrands from Gainesville Coins and their service has never disappointed me. The coins have always arrived on time and in good condition. You can get these pretty much anywhere, but I recommend getting them from GC, they are my preferred dealer.
9 of 10 people found this helpful
Jonathan113
Gold Krugerrand...
Wednesday, December 18, 2013
I appreciate the historical significance of the Krugerrand, but I've never been very impressed with the design. I bought a few to diversify my collection, but to me they are more middle of the road.
8 of 9 people found this helpful
Evan12345
Fascinating
Wednesday, December 18, 2013
I didn't know much about Krugerrands before stumbling upon it one day while looking for other gold coins. I was really surprised to find that it inspired some of the most well known coin series today, like the Gold Maples, Kangaroos, and Eagles. The descriptions on Gainesville's website are always very informative and their staff is always helpful as well. I love this site and will continue to use it for years to come!
9 of 9 people found this helpful
Bullionbuyer
Great coin, great service, great price!
Monday, January 21, 2013
Krugerrands were great looking and in great shape. Gainesville staff was helpful and made my first purchase through this company very smooth. With the quality, service, and best pricing around, I will be making many more purchases through Gainesville Coins!
19 of 20 people found this helpful
Goldfinger
Best coin in the universe
Friday, July 6, 2012
This coin is know intergalactically for its fine space/time/matter balance of metallic gold and spiritual gold.
16 of 27 people found this helpful