Description
Before there was an Eagle or a Maple Leaf, there was the Krugerrand — the coin that proved everyday investors would buy gold in coin form, and the one still held by more people worldwide than any other. The copper alloy gives it a warmer color and a tougher strike than 24-karat coins, which is part of why it’s endured for nearly 60 years. One thing worth knowing up front: its purity sits just below the IRS threshold for retirement accounts, so it’s a cash purchase for outside-the-IRA holdings, not a Gold IRA coin — ask us which of our IRA-eligible coins pairs well alongside it.
Coin Specifications
- Metal: 22-karat gold (91.67% fine, alloyed with copper)
- Gold content: 1 troy oz
- Minted by: South African Mint (issued since 1967)
- Design: Paul Kruger (obverse), springbok antelope by Coert Steynberg (reverse)
- IRA eligibility: Not IRA-eligible — its 91.67% purity falls under the IRS’s 99.5% minimum for gold IRAs
- Legal tender: none stated (traded purely on gold content)
No published price on this page — call (833) 589-8100 for today’s live pricing, current availability, and Bishop Gold Group’s buy-back terms.
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