Krugerrand (1 oz) Melt Value
South Africa’s bullion standard and the world’s most traded gold coin. Same 22-karat, full-ounce formula as the Gold Eagle.
Melt value per coin$4,053.771 oz × $4,053.77/oz gold · spot as of August 4, 2026
gold content
1 troy oz
Weight
33.93 g
Composition
.9167 fine (22-karat, 1 troy oz gold)
Years
1967–present
Melt value by quantity
| Quantity | Melt value |
|---|---|
| 1 coin | $4,053.77 |
| 5 coins | $20,268.85 |
| 10 coins | $40,537.70 |
Frequently asked questions
- How much gold is in a krugerrand (1 oz)?
- Each krugerrand (1 oz) weighs 33.93 grams (.9167 fine (22-karat, 1 troy oz gold)) and contains 1 troy ounces of gold.
- What is a krugerrand (1 oz) worth in melt value today?
- At the current gold spot price of $4,053.77 per troy ounce, the melt value is about $4,053.77 per coin.
- Is a krugerrand (1 oz) worth more than its melt value?
- Often, yes. Melt value is the floor — scarce dates, mint marks, and higher grades carry collector premiums above metal content. Check the grade-by-grade price guide before selling any coin as bullion.
Keep digging
Melt values update with live spot prices and are estimates, not offers to buy. Dealers pay below melt to cover refining margins; collectible examples are worth more than melt. It is currently illegal to melt US one-cent and five-cent coins.
