The 1-ounce gold Krugerrand is 91.67% fine gold, and weighs 1.0909 troy ounces. It is distributed from the South Africa Mint in tubes of 10 and/or 15 coins per tube. Its diameter is 32.7 mm, thickness 2.83 mm. Gold bullion coins got their start in 1967 when South Africa introduced the Krugerrand.