Krugerrand Gold Coin 1oz Best Value (Pre-Owned)
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| Metal | Gold |
| Purity | 22 carat (916.7 fine) — contains 1 troy oz pure gold |
| Weight | 33.93g total weight |
| Diameter | 32.77mm |
| Mint | South African Mint |
| CGT Status | Not CGT-exempt (foreign coin) — see CGT-free alternatives |
| Condition | Pre-owned, bullion grade |
| Year | Mixed year (best value from current stock) |
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Introduced in 1967, the 1oz Gold Krugerrand is one of the world's most recognised and widely traded bullion coins. Produced by the South African Mint, it has remained a popular choice for investors thanks to its strong reputation, global liquidity, and excellent value in the gold market. Although struck in 22-carat gold, each Krugerrand is minted to a total weight ensuring it contains exactly 1 troy ounce of pure gold. This Best Value pre-owned listing offers the most competitive price point — year selected from current stock. Read: Gold Coins vs Gold Bars and New vs Pre-Owned Bullion.
Pre-owned coins may show signs of handling or age including surface marks, light scratches, or natural wear consistent with circulation. These have no impact on gold content or investment value. If you require a specific year or condition, please contact our team.
The obverse carries a right-facing portrait of Paul Kruger — the Boer statesman and President of the South African Republic from 1883 to 1900 — designed by Coert Steynberg. The inscription reads "SUID-AFRIKA · SOUTH AFRICA". Kruger's portrait has appeared on every Krugerrand since the coin's introduction in 1967, giving the series its distinctive identity and name.
The reverse features a springbok — the national animal of South Africa — designed by Coert Steynberg, with the date of issue beneath. The coin's name "Krugerrand" is inscribed alongside the weight legend "FYNGOUD 1 OZ FINE GOLD", confirming its 1 troy ounce pure gold content regardless of year. The distinctive orange-gold colour of the coin results from the 22-carat copper alloy used, which also makes it more durable than higher-purity coins.
No. The Krugerrand is South African legal tender, not UK legal tender, so it does not qualify for the CGT exemption available to British coins such as the Gold Sovereign or Gold Britannia. Gains from selling Krugerrands may be subject to Capital Gains Tax. See our CGT-free gold coins guide for tax-efficient UK alternatives.
The Krugerrand is struck in 22-carat gold (91.67% pure), alloyed with copper to improve durability. To ensure it contains exactly 1 troy oz of pure gold, the coin is minted slightly heavier than 31.1g — its total weight is 33.93g. The copper gives it its characteristic warmer, orange-gold colour and makes it more scratch-resistant than 24-carat coins.
Our Best Value pre-owned Krugerrands are bullion-grade coins that may show signs of circulation or handling, such as surface marks, light scratches, or natural wear. This is entirely normal for traded bullion coins and has no impact on gold content or investment value. Read: New vs Pre-Owned Bullion.
As a Best Value listing, the year is selected from current stock. Krugerrands have been produced since 1967 and all contain the same 1 troy oz of pure gold. If you require a specific year, please contact our team before ordering.
The Krugerrand offers strong global liquidity and typically trades at a tight premium to spot, making it an efficient way to hold 1oz of physical gold. The main consideration for UK investors is that it is subject to CGT, unlike British legal tender gold coins. It suits investors primarily focused on gold exposure at low premium rather than tax efficiency. Read: Best Gold Coins for UK Investors.
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