The Krugerrand contains 31.103 g of fine gold. Enter how many coins you have to see the live melt value and a realistic dealer buy price.
Melt value
€3,675.77
Buy offer at 90%
€3,308.20
Fine gold content: 31.103 g · Prices updated 18:24 UTC · Prices by MetalflowAPI
Indicative values only. Dealers’ offers vary.
| Country | South Africa |
| Years struck | 1967–present |
| Gross weight | 33.93 g |
| Fineness | 0.9167 |
| Fine gold content | 31.103 g |
| Sizes available | 1 oz, 1/2 oz, 1/4 oz, 1/10 oz |
The Krugerrand was the first modern bullion coin, struck by the South African Mint from 1967 to give private investors an easy way to own Witwatersrand gold. Its copper alloy gives it a warm reddish tone and makes it harder-wearing than pure gold coins. It holds exactly one troy ounce of fine gold in a heavier 33.93 g coin.
A Krugerrand weighs 33.93 g gross at 0.9167 fineness, so it contains 31.103 g of pure gold.
Multiply the fine gold content of 31.103 g by the current spot price per gram in your currency. The calculator above does this with live prices and multiplies by your quantity.
Bullion coins usually trade a few percent above melt when buying and slightly below melt when selling back. Expect 90–98% of melt from a specialist dealer and less from a general pawnbroker.
Wear removes a little metal but the loss is usually under one percent, so heavily circulated coins are still bought near melt. Damaged or mounted coins may be discounted for extra refining work.
Only if it has no collector premium. Rare dates, proof issues and original packaging can add well above melt value, so check the date and mintmark before melting.
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