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Krugerrand

American  
[kroo-guh-rand, -rahnd] / ˈkru gəˌrænd, -ˌrɑnd /

noun

  1. (sometimes lowercase) a one-ounce gold coin of the Republic of South Africa, equal to 25 rand: first issued in 1967.


Krugerrand British  
/ ˈkruːɡəˌrænd /

noun

  1. a South African coin used for investment only and containing 1 troy ounce of gold

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of Krugerrand

Kruger + rand 2

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

The gold was supposed to be for Nadia's college fund, but the one around Nadia's neck is the only Krugerrand left.

From Salon Apr. 16, 2022

The 1oz Krugerrand coins were minted in the 1970s, according to a PAS report.

From BBC Dec. 9, 2020

His successor, Pierre Lassonde, then president of Greenwood Village, Colorado-based Newmont, declared ETFs “our biggest success in 25 years, the biggest since the South African Krugerrand in the 1970s.”

From BusinessWeek Dec. 20, 2010

The United States Mint is running short of gold coins, and the South African mint increased Krugerrand production by 50 percent late last month, to its highest level in 25 years, on brisk European demand.

From New York Times Jun. 12, 2010

The South African Krugerrand was far and away the world's top-selling gold bullion coin for years.

From Time Magazine Archive

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