1 oz Krugerrand Mixed Years — world's oldest bullion coin, mix 1967-2025
1 troy ounce of pure gold in crown gold alloy (fineness 916.7/1000), struck by Rand Refinery in the Republic of South Africa. The "Mixed Years First Grade" variant is a randomly selected vintage from 59 years of continuous Krugerrand history (since 1967) — the first and most popular bullion coin in the world. The Krugerrand is a legend of the precious metals market: in its first two decades (1967-1985) it accounted for 90% of the global bullion coin market, defining the standard "1 oz of gold = 1 investment unit" later adopted by the Maple Leaf, Eagle, Vienna Philharmonics and all competitors.
Obverse — Paul Kruger, fourth President of the South African Republic
The obverse depicts the portrait of Paul Kruger (1825-1904), the fourth President of the South African Republic (1883-1900), legendary leader of the Boers in the Boer Wars against the British Empire. Designed by Otto Schultz, chief engraver of the South African Mint. Inscriptions: "SUID-AFRIKA SOUTH AFRICA" and life dates.
Reverse — Springbok antelope
The reverse depicts a Springbok antelope, the national symbol of South Africa and the name of the rugby national team. Designed by Coert Steynberg. Inscriptions: "KRUGERRAND" and "FYNGOUD 1 OZ FINE GOLD" (a mix of Afrikaans and English).
Why buy the Krugerrand Mixed Years at GoldInvest24?
- Full 1 troy ounce (31.1035 g) of pure gold in 22K crown gold alloy (916.7/1000)
- World's oldest bullion coin — since 1967, 59 years of continuous history
- Mix 1967-2025 — random vintage from the entire Krugerrand history
- The cheapest way to enter the "classic" South African investment
- Low premium over spot (typically 3-5%) — global liquidity #1
- Crown gold alloy (22K) — greater hardness vs 24K, better protection from scratches in circulation
- Global recognition — the Krugerrand is the most-traded bullion coin in history
- No face value — the Krugerrand is the only bullion coin without face value, its worth = market value of gold
- Standard packaging in protective capsule
- VAT-exempt across the EU as Investment Gold (Council Directive 2006/112/EC)
- Exposure to the South African rand (ZAR) and South African precious metals
- Ideal start to building a gold portfolio — safest and most recognized position
- Excellent alternative to Mixed Years 2nd Grade (if perfect mint condition matters)
- Authenticity verification at GoldInvest24 — guaranteed originality
Historical background — why the Krugerrand changed the bullion market
The Krugerrand was inaugurated in 1967 by the South African Mint as a response to the growing global demand for physical investment gold (after France left the London Gold Pool in 1967, the start of the "dollar crisis"). The genius of the concept rested on three key decisions: (1) striking in 22K crown gold — historic standard of British sovereigns, greater hardness vs 24K for circulation; (2) no face value — value = market price of gold, no governmental cap; (3) marketing campaign in the U.S. and Europe positioning the Krugerrand as a "miracle hedge against inflation". The strategy worked 100% — in the 1970s-80s the Krugerrand held 90% of the global bullion coin market share. After 1985, when the U.S. imposed a trade embargo on South Africa (apartheid), the share fell and competitors (Maple Leaf 1979, American Eagle 1986, Vienna Philharmonics 1989) took part of the market. After the fall of apartheid (1994) the Krugerrand returned to the global market and remains a top-3 bullion coin to this day.
Technical specification
| Manufacturer |
Rand Refinery / South African Mint, Pretoria |
| Accreditation |
LBMA Good Delivery |
| Country of issue |
Republic of South Africa |
| Series |
Krugerrand (since 1967, world's oldest bullion) |
| Year |
Mixed (1967-2025) |
| Grade |
First Grade (perfect mint condition) |
| Metal |
Gold Au in crown gold alloy |
| Fineness |
916.7/1000 (22K) |
| Composition |
91.67% Au + 8.33% Cu (copper) |
| Coin weight |
33.93 g |
| Pure gold weight |
31.1035 g (1 oz t) |
| Diameter |
32.77 mm |
| Thickness |
2.84 mm |
| Face value |
NONE (worth = market value of gold) |
| Strike |
Bullion (BU) |
| Legal status |
Legal tender in South Africa (since 1980) |
| VAT |
Exempt (EU Investment Gold) |
| Packaging |
Protective capsule |
| Obverse |
Portrait of Paul Kruger (Otto Schultz) |
| Reverse |
Springbok antelope (Coert Steynberg) |
Frequently asked questions (FAQ)
Does the Krugerrand contain 1 troy ounce of pure gold?
Yes. Coin weight 33.93 g, pure gold 31.1035 g (1 oz). The rest is copper (crown gold alloy).
Why does the Krugerrand have no face value?
Designed as a coin = value of gold. Since 1980 legal tender in South Africa at spot value.
How does First Grade differ from Second Grade?
First Grade is perfect mint condition. Second Grade has slight circulation defects with identical gold content.
Is the coin VAT-exempt?
Yes. Krugerrand has fineness 916.7/1000 (>900) — qualifies as investment gold and is VAT-exempt across the EU.
Who was Paul Kruger?
Stephanus Johannes Paulus Kruger (1825-1904) — fourth President of the South African Republic, Boer leader in the Second Boer War against the British Empire.
What is the oldest possible vintage?
1967 (mintage 6,360 pcs bullion). Typically you receive vintages from the 80s, 90s, or 2000+.
Discover more at GoldInvest24
Expand your Krugerrand collection: Gold investment coins | Gold rates | GoldInvest24
Order the 1 oz Krugerrand Mixed Years First Grade — world's oldest bullion coin in perfect condition.
