22-Karat · .9167 Fine Gold · Since 1967
Gold
Krugerrand
The world's first and most traded gold bullion coin. Minted by the South African Mint since 1967.
Live Krugerrand Pricing
Current market data for the 1 oz Gold Krugerrand.
Gold Krugerrand Price
Product pricing (KR)
Current Ask Price
$4,420.60
per 1 oz Gold Krugerrand
Bid
$4,247.20
Ask
$4,420.60
Market Stats
Open
$4,432.80
High
$4,476.70
Low
$4,410.40
Prev Close
$4,440.00
As of: Dec 19, 2025, 4:15 AM
Gold Krugerrand (KR) pricing from Monex • Updated on page load
Why Gold Krugerrand?
The original gold bullion coin, established in 1967, with unmatched global recognition and proven liquidity.
Proven Track Record
First modern gold bullion coin, minted since 1967. Over 50 million ounces produced, making it the most widely held gold coin in the world.
Global Recognition
Recognized and traded worldwide by dealers and investors. Highly liquid with narrow bid-ask spreads, making buying and selling straightforward.
IRA Eligible
Qualifies for Precious Metals IRAs under IRS rules. The .9167 purity meets the requirements for tax-advantaged retirement accounts.
Who Buys Krugerrand Coins?
The Gold Krugerrand appeals to investors who prioritize liquidity, global recognition, and proven value storage.
Long-Term Investors
Investors building wealth over decades choose the Krugerrand's proven 50+ year track record. Each coin contains exactly one troy ounce of pure gold.
IRA Investors
Those building Precious Metals IRAs value the Krugerrand's IRS-approved status and strong secondary market for eventual distributions.
Liquidity-Focused Buyers
The Krugerrand's global recognition means you can sell it virtually anywhere in the world. Dealers everywhere know and trust this coin.
Capital Requirement
Based on current Gold Krugerrand (KR) ask price:
per 1 oz Gold Krugerrand
KR pricing varies with gold spot and dealer premiums
Comparing Gold Bullion Coins
Understanding how the Gold Krugerrand compares to other leading gold bullion coins helps you make informed decisions.
| Feature | Krugerrand | Gold Eagle | Maple Leaf |
|---|---|---|---|
| Gold Purity | .9167 (22K) | .9167 (22K) | .9999 (24K) |
| Issuing Mint | South African | U.S. Mint | Royal Canadian |
| First Minted | 1967 | 1986 | 1979 |
| IRA Eligible | Yes | Yes | Yes |
| Typical Premium | 2-4% | 3-5% | 2-4% |
| Best For | Liquidity + Low Premiums | U.S. Legal Tender | Maximum Purity |
Iconic Design & Heritage
The Gold Krugerrand features one of the most recognized coin designs in the world.
Obverse: Paul Kruger Portrait
The obverse features a portrait of Paul Kruger, president of the South African Republic from 1883 to 1900. The design, created by Otto Schultz, has appeared on South African coinage since 1892.
Historical Note: Kruger was a key figure in South African history and the struggle for independence during the Boer Wars.
Reverse: Springbok Antelope
The reverse depicts a Springbok antelope, South Africa's national animal, designed by Coert Steynberg. This graceful image symbolizes the natural beauty and wildlife of South Africa.
First Minted: The Krugerrand debuted in 1967 as the world's first modern gold bullion coin, designed to help market South African gold.
Questions & Answers
Common questions about Gold Krugerrand coins answered by our editorial team.
What is the Gold Krugerrand coin?
The Gold Krugerrand is the world's first modern gold bullion coin, minted by the South African Mint since 1967. It contains exactly 1 troy ounce of pure gold alloyed with copper to achieve .9167 fine (22-karat) purity, making it more durable than pure gold coins. The coin features Paul Kruger on the obverse and a Springbok antelope on the reverse.
Why does the Krugerrand use 22-karat gold instead of pure gold?
The Krugerrand uses a copper alloy (.9167 fine, 22-karat) for durability. Pure 24-karat gold is soft and scratches easily. The copper alloy makes Krugerrands more resistant to wear while still containing exactly 1 troy ounce of pure gold. This same alloy approach is used by the American Gold Eagle.
How much does a Gold Krugerrand cost?
At current gold prices, a Gold Krugerrand costs approximately ~$4,200–$4,640 depending on spot price and dealer premiums. The price consists of the gold spot value plus a premium typically ranging from 2-4% for standard bullion coins.
Are Krugerrand coins easy to sell?
Yes, Gold Krugerrand coins are extremely liquid. As the world's most recognized gold bullion coin with over 50 million ounces minted since 1967, they're accepted by dealers everywhere. Most established dealers will buy Krugerrand coins at competitive prices, typically within 2-3% of spot.
Can I hold Krugerrand coins in my IRA?
Yes, Gold Krugerrand coins are specifically listed in IRS guidelines as approved for Precious Metals IRAs. They meet all eligibility requirements for tax-advantaged retirement accounts. Coins must be held by an approved custodian in an approved depository while in your IRA.
Further Reading
View current pricing or browse the resource library for detailed guides on premiums, storage, and IRA eligibility.