Answer
Apr 01, 2026 - 11:00 AM
Do you have the same question? Follow this Question
Apr 01, 2026 - 11:00 AM
View all Gold Krugerrand Questions & Answers
We’ve provided several answers to questions related to Gold South African Krugerrand 1 oz - BU (Varied Year) , see some other helpful Q&A related to this product.
Question: Why buy from Guidance Corporation?
Answer: We are a family-owned business with over 35 years of experience, offering a 100% authenticity guarantee and the best market pricing on all world gold bullion.
Question: How should I store my Krugerrands?
Answer: While they are durable due to the 22k alloy, they should be kept in protective flips or tubes to prevent copper spotting or surface grime.
Question: How can I tell if a Krugerrand is authentic?
Answer: Authentic Krugerrands have a very specific weight (33.93g), diameter (32.77mm), and a distinct "pinkish" hue from the copper. Dealers also use electronic testers to verify the metal's signature.
Question: Does the Krugerrand come in other sizes?
Answer: Yes, the South African Mint also produces fractional sizes: 1/2 oz, 1/4 oz, and 1/10 oz.
Question: What inscriptions are on the coin?
Answer: The obverse says "SUID-AFRIKA" and "SOUTH AFRICA." The reverse features "KRUGERRAND," the year of mintage, and "FYNGOLD 1 OZ FINE GOLD."
Question: Is the Krugerrand highly liquid?
Answer: Yes. Because it is the most recognized gold coin in the world, it can be easily sold to virtually any coin dealer or bullion bank globally.
Question: What is the significance of the 2026 issue?
Answer: The 2026 mintage marks the 59th anniversary of the series, which remains the most widely owned and traded gold bullion coin in history.
Question: What are the physical dimensions of the coin?
Answer: The 1 oz Gold Krugerrand has a diameter of 32.77 mm and a thickness of 2.84 mm.
Question: Are Krugerrands legal to own in the United States?
Answer: Yes. While there was a ban on importing new Krugerrands between 1985 and 1991 due to apartheid, it was always legal to own them, and all import restrictions were lifted decades ago.
Question: When was the Gold Krugerrand first released?
Answer: It was introduced in 1967 as the world's first modern gold bullion coin intended for private ownership.
Question: Who manufactures the Gold Krugerrand?
Answer: The coins are co-produced by the South African Mint and the Rand Refinery.
Question: What animal is on the reverse?
Answer: The reverse features a Springbok antelope, a national symbol of South Africa, prancing across the veld.
Question: Who is depicted on the obverse of the coin?
Answer: The obverse features Paul Kruger, the four-term president of the old South African Republic. The name "Krugerrand" is a portmanteau of his name and the "Rand," South Africa's currency.
Question: Is the Gold Krugerrand IRA-eligible?
Answer: No. Unlike the Gold American Eagle (which is also 22k but specifically exempted), the Krugerrand does not meet the IRS minimum purity requirement of .995 for most gold coins. It is generally not eligible for a Precious Metals IRA.
Question: Does the coin weigh more than 1 ounce?
Answer: Yes. Because of the copper alloy, the total weight of the coin is approximately 1.0909 troy ounces (33.93 grams), though the gold content is exactly 1 troy ounce.
Question: Is the Krugerrand 24-karat gold?
Answer: No. The Krugerrand is struck in 22-karat gold (91.67% gold and 8.33% copper). This copper alloy gives the coin its signature orange-gold hue and makes it significantly more durable and resistant to scratches than 24k coins.
Question: How much gold is in a 1 oz Krugerrand?
Answer: Each coin contains exactly 1 troy ounce of fine gold.
Question: What is a "Varied Year" Krugerrand?
Answer: It is a 1 oz Gold Krugerrand where the specific year of mintage is determined by our current inventory. You may receive coins from a single year or a mix of different years, all in Brilliant Uncirculated (BU) condition.
View all Gold South African Krugerrand 1 oz - BU (Varied Year) Questions & Answers