Compare 1oz Krugerrand Prices
Live 1oz Krugerrand prices from trusted UK dealers, with current premium and dealer comparison. The 1oz Krugerrand is the original modern bullion coin and one of the most heavily traded gold coins in global markets.
The benchmark 1oz gold coin
The 1oz Krugerrand has been continuously produced by Rand Refinery on behalf of the South African Mint since 1967. Total lifetime production now exceeds many tens of millions of coins — making the Krugerrand the deepest secondary market in the global gold coin space. This depth keeps premiums low and dealer spreads tight, which is the structural premium advantage Krugerrands carry over newer programmes.
The 22-carat specification
The 1oz Krugerrand weighs 33.93g overall — heavier than a 9999 fine 1oz coin because of the 8.33% copper content in the 22-carat alloy. The pure gold content is exactly one troy ounce (31.1035g), identical to a 1oz Britannia or Maple Leaf. The alloy is structural rather than investment: it makes the coin harder-wearing without adding investment value.
Premium dynamics
1oz Krugerrand premiums in the UK are typically among the lowest available in the 1oz gold coin market. The combination of high production volume, mature secondary supply, and Rand Refinery's efficient cost base keeps the premium-to-spot ratio tight. For investors building a position purely on metal-deployment efficiency, Krugerrands are usually the answer.
UK tax
1oz Krugerrands are VAT-exempt as investment gold but not CGT-exempt — they are South African legal tender, not UK. Compare with 1oz gold Britannias for a CGT-exempt UK alternative at competitive (though typically slightly higher) premiums.
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