Krugerrand 1oz Gold Coin 2023
Rand Refinery
Rand Refinery (Pty) Ltd, located in Germiston, South Africa, was founded in 1920 by the Chamber of Mines. It is the world’s largest integrated single-site precious metals refinery and smelter. The refinery processes raw gold to a minimum purity of 99.5%, used for bars or as material for Krugerrand coins. It plays a central role in the global gold market. Rand Refinery is one of only five LBMA Good Delivery Referees, guaranteeing top standards in quality, purity, and sourcing.
GPSR: Rand Refinery Limited
P.O. Box 565
1400 Germiston, South Africa
gold@gold.co.za
+27 (011) 418-9000
The Krugerrand gold coins are the most popular and best-selling bullion coins in the world today with major appeal for investors.
The Krugerrand 1oz Gold Coin 2023 has a gold content of 31.1 grams, which corresponds to exactly one troy ounce of gold, the fineness of the Krugerrand is 916.67/1000, which equates to 22 karats. The addition of 8.34% copper gives the gold coin extremely good scratch resistance and the copper content gives the Krugerrand its famous reddish-gold colouring.
The appearance of the Krugerrand gold coins has not changed since 1967, only the year and the weight on the reverse are altered. The weights for Krugerrand gold coins are: 1 ounce, ½ ounce, ¼ ounce, 1/10 ounce.
The obverse of the coin features the profile of Paul Krueger, President of the Republic of South Africa from 1882 to 1902, the image was designed by Otto Schultz in 1892. On his left is the inscription "SUID-AFRIKA" and on his right "SOUTH AFRICA".
The reverse of the Krugerrand bears the image of a springbok antelope, the national animal of South Africa with “Krugerrand” inscribed above in capital letters. The year the coin was minted is displayed by splitting it with two digits either side of the image. The weight of the Krugerrand gold coin is displayed below the image and the lettering is displayed as "FYNGOUD 1OZ FINE GOLD".
| 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 | 2023 |
| Grade | Brilliant |
| Condition | Circulated |
| Thickness | 2.84 mm |
| Diameter | 32,77 mm |
| Packaging | Single in Pouch |
| Packaging Unit | 10 per Tube |
| Large Packaging 2 | 500 per Box |