INDEXMelt value
$3,880
1 troy oz at $3,879.76 per oz gold spot
Typical asking premium over melt
$30.70 under melt
Median ask of 12 sellers; asking prices, not sales
The Krugerrand Gold 1 oz contains 1 troy ounce of fine gold. At $3,879.76 per ounce (spot as of October 31, 2026), its melt value is $3,880. Over the 90 days to October 20, 2026, 12 distinct sellers asked a median of $30.70 under melt for it. These are asking prices, not completed sales.
As of the last site build; refreshes when the page loads. See how these figures are made or the raw data (JSON).
Recent asks (12 of 12)
These are asking prices, not completed sales. Each premium is measured against the spot price on the day it was posted. Asks differ from one another by $46.78 (median absolute deviation): a spread, not a range to price within.
| Posted | Ask per item | Over melt | Spot that day | Subreddit | Item | Source |
|---|---|---|---|---|---|---|
| October 18, 2026 | $4,181.00 | $13.55 over melt | $4,167.45 | r/Pmsforsale | 2022 1oz Gold Krugerrand | post |
| September 30, 2026 | $4,125.00 | $28.40 under melt | $4,153.40 | r/Pmsforsale | 1982 Krugerrand | post |
| September 14, 2026 | $4,250.00 | $80.00 under melt | $4,330.00 | r/Pmsforsale | 1978 Australian Krugerrand (2 listed) | post |
| September 7, 2026 | $4,300.00 | $108.91 under melt | $4,408.91 | r/CoinSales | 1977, 1978, 1979 1 oz Gold Krugerrand (3 listed) | post |
| September 6, 2026 | $4,425.00 | $7.36 under melt | $4,432.36 | r/Pmsforsale | 1980 1 oz Gold Krugerrand | post |
| August 30, 2026 | $4,554.00 | $100.00 over melt | $4,454.00 | r/Pmsforsale | 1oz Krugerrand | post |
| August 27, 2026 | $4,500.00 | $103.19 under melt | $4,603.19 | r/Pmsforsale | 1979 1oz Gold Krugerrand | post |
| August 23, 2026 | $4,625.00 | $21.37 over melt | $4,603.63 | r/Pmsforsale | 1976 1oz Gold Krugerrand | post |
| August 19, 2026 | $4,490.00 | $36.39 under melt | $4,526.39 | r/Pmsforsale | 1978 1oz Krugerrand Gold | post |
| August 19, 2026 | $4,440.65 | $45.50 under melt | $4,486.15 | r/Pmsforsale | 1978 1oz Gold South African Krugerrand | post |
| August 17, 2026 | $4,450.00 | $46.63 over melt | $4,403.37 | r/Pmsforsale | 1975 1oz Krugerrand | post |
| August 17, 2026 | $4,400.00 | $33.00 under melt | $4,433.00 | r/Pmsforsale | 1975 1oz gold Krugerrand | post |
Item names are an automated extraction from each post, not the seller's own words.
Specifications
- Legal tender in
- South Africa
- Face value
- No face value
- Fineness
- .9167
- Fine gold content
- 1 troy oz
- First issued
- 1967
- Coindex id
KRGR
History
The first mint in Pretoria opened in 1892 on Church Square. After gold was discovered near Johannesburg in 1886, President Kruger's Zuid-Afrikaansche Republiek saw an urgent need for its own coinage. That mint closed after British forces occupied Pretoria in 1900, and a branch of Britain's Royal Mint opened in Pretoria in 1923.
The South African Mint has been a wholly owned subsidiary of the South African Reserve Bank since 1988. The first gold Krugerrand, introduced in 1967, was struck on the mint's historic Oom Paul press, a German machine built in 1891 for the first Pretoria mint. The mint makes the bullion Krugerrand jointly with Rand Refinery and also issues it in silver, and it added the Big 5 gold and platinum bullion coins in 2020.
Further reading
- South African Mint: Home to Oom Paulsamint.co.za
- South African Mint: About ussamint.co.za
- DITSONG Museums of South Africa: The Mint, from bullion to coinditsong.org.za
Compiled by Coindex from the sources above. It is not a statement by the mint.
Sources: specifications from the Coindex catalog, spot from Coindex's precious-metals feed, and asking prices from r/Pmsforsale and r/CoinSales posts matched to this exact product. Coindex does not sell bullion and is not a dealer.