The South African Mint has also issued a few thousand proof coins each year, although even these pieces may not have much of a numismatic premium. (In other words, they also tend to sell for melt value.) Gold Krugerrand Price Chart (Key Dates Only, 1 oz Coins) Year Date Mintage Price...
So what are some of the things that contribute to the Krugerrand’s value? Many people appreciate the history of Krugerrand coins. The first Krugerrand ever created was made in 1967 by the South African Mint. This was a time of incredible political unrest. The United States stopped basing its...
In order to determine the price of a Gold Krugerrand, simply multiply the spot price of gold by the number of gold troy ounce in the Gold Krugerrand (1 ounce) and then add or subtract the current premium for the coin or coins. The value of a Gold Krugerrand is their competitive price,...
Gold Krugerrands do a great job of building a store of value while creating a hedge against inflation. In 1967, when the Krugerrand was first issued, the average1 oz gold bullion pricewas $35.50. The average gold prices per ounce in 2022 was close to $1800, and by 2024 the gold spot...
The Krugerrand uniquely has no stated face value: instead, its legal tender value is the bullion value of its gold at the current market price. South African Krugerrands are available in the following denominations: one troy ounce of pure gold, measuring 32.77mm in diameter; one half-ounce, ...
The original Krugerrand was made legal tender and stamped with a weight value for easy trading, making Americans aware this gold bullion coin could be legally purchased. The reverse displays a springbok in motion—a common breed of antelope in South Africa— bounding across the dry terrain. The...
Year 1967-2011 Metal Gold Fineness 0.9167 Actual Metal Weight 1 ozt Weight 33.93 gram Legal Tender Yes Face Value 1 Rand Mint Name South African Mint Obverse Designer Otto Schultz Reverse Designer Coert L. Steynberg Diameter 32.77 mm Thickness ...
Gold Krugerrand Coin Value The Krugerrand does not have a face value. Its legal tender value is the bullion value of gold at its current market price. It was the first bullion coin whose legal tender value was determined only by the bullion value of its metal content. The coin was initiall...
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These days most people know about Krugerrands because they’re popular investments among collectors or investors who want to invest their money safely without losing too much value over time. Do you own any Krugerrands?This entry was posted on May 16, 2023 ...