Krugerrand 1oz Gold Coin 1968
Rand Refinery
The Rand Refinery was the inventor of the standard 1oz investment gold coin. With the launch of the Krugerrand in 1967 it still produces the most well-known gold coin in the world today.
The Krugerrand is one of the most famous and also the most successful investment gold coin in the world. The year 1968 had a mintage of 20,000 coins and condition of the here offered 1968 Krugerrands is in pristine-condition. Copper changes color over time, this is the reason why older Krugerrands have the famous red-golden shine.
This offer is very limited in quantity.
Weight & Size
The gross weight of the 1968 Krugerrand in 1oz is 33.93 grams, with a fine gold content of 31.103 grams, which is equivalent to 22 karats (91.66%) in purity. The diameter is 32.7 mm with a thickness of 2.8 mm.
| Ounce | Fineweight | Diameter | Thickness |
|---|---|---|---|
| 1oz | 31,103 g | 32,7 mm | 2,8 mm |
Gold Alloy
The gold alloy consists of 91.66% gold with 8.34% of copper. This is a classic 22K red-gold-alloy, which is also used for the English Sovereign. The advantage of this alloy is a higher scratch resistance. Coins that do not have the same hardness of the Krugerrand and get scratched over the years often have to be melted down. From 1967 to 1979 Krugerrand gold coins were produced exclusively in the one ounce size. In 1980 fractional weights of ½ oz, ¼ oz and 1/10 ounce were introduced and made available for purchase.
Details 1oz Krugerrand
- Manufacturer: Rand Refinery
- Country of origin: South Africa
- Year of Issue: 1968
- Diameter: 32.69 mm
- Thickness: 2.84 mm
- Gross weight: 33.93 grams
- Karat: 22 K
- Fine Weight: 31.1 grams
- Fineness: 916.66 / 1000
- Copper content: 8.34%
- Alloy: Gold/copper alloy
- Scratch resistance: good
- Hardness: 57 HB
- Melting point: about 957 ° C
| Metal | Gold |
| Form | Gold Coin |
| Country of Origin | South-Africa |
| Manufacturer | Rand Refinery |
| Series | Krugerrand |
| Purity | 917/1000 |
| Fineweight | 31.10 gram |
| Gross Weight | 33.93 gram |
| Denomination (oz) | 1 oz |
| Year of issue | 1968 |
| Grade | Brilliant |
| Condition | Circulated |
| Thickness | 2.75 mm |
| Diameter | 32.69 mm |
| Packaging | Single in Pouch |
| Packaging Unit | 10, 20 or 25 per Tube |