The Krugerrand was first minted in 1967 to help South Africa market its gold. It is produced by the Rand Refinery in Germiston, a city in the East Rand of Gauteneng in South Africa. The name itself is a combination of "Kruger" (a past president of South Africa) and "Rand", the South African currency. The Krugerrand is minted from a more durable copper-gold alloy often referred to as "crown's gold" because of its use in English gold sovereigns, among others. It is 91.67% (22 karat) gold and 8.33% copper. The total weight of the coin is 1.0909 troy ounces (33.93 grams) and is therefore still 1 ozt (31.1035g) of pure gold.
The Krugerrand is one of the most popular gold bullion coins in the world, having accounted for around 90% of the global gold coin by 1980. This coin is synonymous with quality and reliability.
Add some age to your collection with the purchase of a 1 oz 1978 Krugerrand gold coin today.
| 4966 | |
| South Africa | |
| Rand Refinery | |
| Lightly Used | |
| 9167 | |
| Bust of Paul Kruger and the words "SUID-AFRIKA·SOUTH AFRICA". | |
| A Springbok Antelope with the mintage year 1978 on either side and the words "KRUGERRAND FYNGOUD 1 oz FINE GOLD". | |
| 1967 | |
| 32.6 | |
| 2.5 | |
| Otto Schultz (obverse), Coert Steynberg (reverse) | |
| 1.00 |
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Country
Manufacturer
Condition
Purity
Obverse
Reverse
First Released
Diameter (mm)
Average Thickness (mm)
Designer
Metal Weight (ozt)
The Krugerrand was first minted in 1967 to help South Africa market its gold.
It is produced by the Rand Refinery in Germiston, a city in the East Rand of Gauteneng in South Africa.
The name itself is a combination of "Kruger" (a past president of South Africa) and "Rand", the South African currency.
The Krugerrand is minted from a more durable copper-gold alloy often referred to as "crown's gold" because of its use in English gold sovereigns, among others.
It is 91.67% (22 karat) gold and 8.33% copper.
The total weight of the coin is 1.0909 troy ounces (33.93 grams) and is therefore still 1 ozt (31.1035g) of pure gold.
The Krugerrand is one of the most popular gold bullion coins in the world, having accounted for around 90% of the global gold coin by 1980.
This coin is synonymous with quality and reliability.
Add some age to your collection with the purchase of a 1 oz 1978 Krugerrand gold coin today.
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