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South African One Rand Gold Coin

How much is a South African 1 Rand coin worth?

27th November 2025: Today, we're paying £349.40 for One Rand gold coins.

To facilitate easier trade, the Rand coin was struck in 1 Rand and 2 Rand denominations. The Rand is a product of the move towards South Africa's decimalisation in coinage and thus represents 100 South Africa Cents. The common symbol for the Rand is the letter R. 

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How much is a South African 1 Rand coin worth?

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1oz gold krugerrand Weight in grams Fineness purity Gold content Value in £
South African Gold Coins
1oz Gold Krugerrand 33.93 .9167 31.103 £2,973.16
Half Krugerrand 16.965 .9167 15.552 £1,486.58
1/4oz Gold Krugerrand 8.482 .9167 7.776 £743.77
1/10oz Gold Krugerrand 3.393 .9167 3.11 £297.13
1 Pond Gold Coin 7.98 .9166 7.31 £698.81
2 Rand Gold Coin 7.98 .9167 7.32 £698.81
1 Rand Gold Coin 3.99 .9167 3.66 £349.40
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The South African 1 Rand coin has the same dimensions as the British Half Sovereign, being 19.43 millimetres in diameter and 1.09 millimetres in thickness. The coin weighs in a 3.99 grams and is made of 22 carat gold alloy. The front face of the coin bears the portrait of Jan van Riebeeck, the founder of Cape Town. Meanwhile the reverse side of the coin displays Coert Steynberg's Springbok design, which was originally created for the South African 5 Shilling coin in 1948.

As of March 2002, the 1 Rand and 2 Rand coins are no longer being minted by the South African government - they were formally replaced by the enduring Krugerrand some years earlier. To facilitate this change in available currency, all trade in the Common Monetary Area is rounded to the nearest 5 cents. While the coins are still considered legal tender for trade, they have become less visible in trade as collectors remove them from circulation to add to their collections.

Gold Rand coins were only minted until 1983, when they were completely replaced by the smaller Krugerrand coins in a process that began in 1967.

We Buy One Rand South African Gold Coins

If you are looking to sell one or more 1 Rand Coins, we will offer you our buy price upfront. Once our in-house numismatists have inspected your coin, we will be sure to adjust our price if your example is deemed of premium collectable quality. 

When we are trusted to buy the public's hard earned gold, we don't reward this trust with unfair valuations and hidden fees. We believe your 1 Rand coins will receive no better valuation than ours but, if you are not happy with your figure, you are free to walk away with your South African gold at any stage prior to sale completion. 

Sell 1 Rand Coins With Gold Traders Today 

Ready to sell 1 Rand gold coins with Gold Traders? Our online claim form is the best place to start. Simply input the coins you wish to have valued and we will be in touch shortly. 

If you have not used our Trading Standards-approved gold dealing service yet, we invite you get in touch or visit our Trustpilot page to learn more of our refreshing approach. 

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Subject to you giving us timely authorisation of payment, we will pay you on the day of receipt (Monday to Friday). 

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