The gold Krugerrand is the world’s oldest and most recognized official bullion coin. This half troy ounce Krugerrand contains 15.55 grams of gold. Its total weight is slightly higher at 16.965 grams due to the addition of 1.4 grams of copper. This composition makes the coin 22 carats, giving it its distinctive reddish-golden hue.
Since the Krugerrand contains exactly half a troy ounce of gold, its value is equivalent to that of other half-ounce 24 carat gold coins such as the Maple Leaf. Many investors prefer the Krugerrand for its unique color and its higher resistance to scratches compared to pure gold coins.
The Krugerrand is regarded as one of the world’s leading gold coins, offering both historical significance and an attractive price point. Considered the classic among gold investment coins, more than 50 million troy ounces of Krugerrands have been minted, making it the most widely circulated bullion coin in the world.
The Krugerrand was first minted in 1967 by The South African Mint. Like other bullion coins, it contains 15.55 grams (half a troy ounce) of fine gold. Due to its gold-copper alloy, the coin is slightly heavier than a 24 carat coin of the same size. The alloy consists of 91.67% gold (916.67/1000) and 8.33% copper. The half troy ounce Krugerrand weighs exactly 16.965 grams, containing 15.55 grams of gold and 1.4 grams of copper. This composition not only provides its signature reddish tone but also ensures extra strength and scratch resistance.
The obverse shows a portrait of Paul Kruger, the former president of the South African Republic, affectionately known as “Uncle Paul” among Afrikaners. Surrounding the portrait are the inscriptions “South Africa” and “Suid-Afrika.” The reverse features the South African springbok, the country’s national symbol, along with the year of issue and the weight of half a troy ounce of fine gold. The coin has a reeded edge. The portrait of Paul Kruger was designed by Otto Schulz, while the reverse design featuring the springbok was created by Coert Steynberg.
Would you like to sell your gold coins? Holland Gold offers a buyback guarantee for this coin. We also purchase coins that were not originally bought from us. Visit our website under the “Sell to us” section to view the current buyback price.
| Fine weight | 1/2 Troy Ounce (15,6 Gram) |
| Total weight | 16,97 Gram |
| Dimensions | Ø 22.07 mm x 2.22 mm |
| Purity / Content | 916,7/1000 - 22 Carats |
| Year of issue | Various dates |
| Condition | New |
| Country of Origin | South Africa |
| Mint House | The South African Mint |
| Packaging | Soft plastic coin capsule |
| Safety features | Yes |
| Legal tender | Yes |
| Face value | - |
| Tax (VAT) | Exempt from VAT |
| Insured shipment possible | Yes, at a location of your choice |
| Pick-up available | Yes, in Alkmaar or Rotterdam |
| Storage possible | Yes, in the Netherlands |