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Gold bullion

Gold Krugerrand

MELT VALUE AT THE LIVE GOLD PRICE


Melt value of one item
$4,037.70

Live · updated 05:00 UTC

Dealers typically charge about $4,078.08 to $4,199.21 for one, which is 1% to 4% over melt.

The Krugerrand, first struck in 1967 by the South African Mint, was the first modern gold bullion coin. It is 22 karat gold, alloyed with copper, and holds one troy ounce of gold in a coin that weighs 1.0909 oz in total. It has no face value: it is sold only for its gold.

Premium range method. Dealer prices for one item (check or wire payment) read from two dealers on 2026-10-28, divided by melt value and rounded outward. It is a range of what we saw, not a promise. Card payments and small orders cost more; large orders cost less.

Specifications

Gold Krugerrand facts

Gold content
1 troy oz (31.103 g) of pure gold
Fineness
22k, .9167 (91.67% gold, with copper)
Total weight
1.0909 troy oz (33.93 g)
Diameter
32.77 mm
Face value
None (no stated denomination)
Issuer
South African Mint
First struck
1967
Also made in
1/2, 1/4 and 1/10 oz

Source: South African Mint. Specifications are those published by the issuer.

Where to buy

Dealer prices for one Gold Krugerrand

DealerPriceOver spotChecked
SD Bullion Lowest$4,083.81check/wire qty-1 tier+1.1% over spot+$46.11Checked 62 min agoView
Kitco$4,122.69wire/check qty-1 (1+) tier+2.1% over spot+$84.99Checked 62 min agoView
APMEXPrice not available hereCheck price
JM BullionPrice not available hereCheck price
Money Metals ExchangePrice not available hereCheck price
Bullion ExchangesPrice not available hereCheck price
BGASCPrice not available hereCheck price

Spot melt value of this item: $4,037.70. Newest price checked 62 min ago. "Over spot" is the dealer price minus melt value, as a share of melt. Prices are for a single item, before shipping and tax, and change through the day: confirm at the dealer.

Full comparison for this item   Premium over spot calculator

More gold bullion

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Questions

Quick answers

How much is a Gold Krugerrand worth?

Its melt value is the pure gold it contains (1 troy ounce) times the live gold spot price, shown at the top of this page. Buying it costs more than melt, and selling it back typically returns 95% to 99% of melt for well-known bullion.

What premium over spot do dealers charge for a Gold Krugerrand?

Lustre saw dealers charging about 1% to 4% over melt for one item on 2026-10-28 (single-item prices paid by check or wire, from SD Bullion and Kitco). Premiums change with demand and supply, and are higher for small orders and card payments.

Is a Gold Krugerrand priced by the ounce?

Yes. The price follows the gold spot price, plus a premium. The premium pays for making, shipping and the dealer's costs.

Where can I compare Gold Krugerrand prices?

The table on this page lists the dealers Lustre checks, with each current price and premium over spot, and a link to the dealer. If a dealer's price cannot be read, the row says "Check price".