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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

Rand Refinery Ltd., which makes the Krugerrand, said May 13 that sales are heading for their best month since August.

From BusinessWeek ● May 15, 2011

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

Since then American goldbugs have bought only 603,000 oz. of U.S. medallions, compared with at least 6 million oz. of Krugerrand and Maple Leaf coins.

From Time Magazine Archive

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