A 2023 quarter ounce Krugerrand gold coin from the Rand Refinery in South Africa.
The gold Krugerrand has been the premier global one ounce gold coin since it's introduction in 1967. Thanks to its success the quarter ounce gold Krugerrands were introduced in 1980 and have been manufactured with the same specifications and design ever since.
The South African 1/4oz Krugerrand is minted in a 22 carat gold and copper alloy, making it much more resistant to scratches compared to coins minted in pure gold. Because of this the coin weighs more than a 1/4 troy ounce (8.482 grams) so that it contains exactly a 1/4 troy ounce (7.775 grams) of fine gold and has the classic reddish tint the Krugerrands are known for.
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