It was recently valued at 2.2 million South African rand, equal to more than $140,000 (USD) at the time of writing. The melt value alone of this coin is an impressive $92,500 based on the current gold price. Yet its value as a collectible is significantly higher because of its ...
However, a standard Krugerrand is only worth a single Rand. That means that the metal in a Krugerrand coin is worth much more than the official value of the coin if used as legal tender. Although there may never be any point in spending Krugerrands this way, this distinctive feature is ...
Stamping the Krugerrand in English when the gold coin was first struck could have been strategic to attract American buyers. 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. ...
Some years have put the serial number under or between the ears of wheat on the bottom right side of the reverse side of this coin. Thesilver bullionand gold Krugerrand was also released in 2017, but it has a face value of 1 rand (one rand). ...
(Note: Gold Krugerrand are commonly misspelled as Gold Krugerand, Gold Kreugerrand, gold Kugerrand, Gold Kuggerand and Gold Krueger rand) Minimum order value 5000 USD Live Prices Order ValuePricePremium $ 0 - $ 9,999 $ 3,031.94 3.80% $ 10,000 - $ 14,999 $ 3,029.01 3.70% $ 15,...
Face Value :None Size Specification :1 oz, 1/2 oz, 1/4 oz, 1/10 oz. Diameter :32.77 mm, 27.07 mm, 20.06 mm, 16.55 mm. Edge :Reeded Description History of South African Krugerrand The South African Krugerrand was first introduced in 1967 minted by the South African Mint to offer priv...
Face Value 1 Rand Mint Name South African Mint Obverse Designer Otto Schultz Reverse Designer Coert L. Steynberg Diameter 32.77 mm Thickness 2.84 mm Edge Design reeded Series Krugerrand Related Products As Low As $2,945.41 Unavailable Customer Ratings & Review ...
While Krugerrand Gold Coins have no face value, they are considered legal tender in South Africa via the South African Reserve Bank Act of 1989. South African Krugerrand Silver Coinsare also available in the overall series. Investing in South African Krugerrand Gold Coins at Provident Metals ...
The South Africa Gold Krugerrand is a compound name of the country's president (Kruger) and South Africa's unit of currency (rand). In the 1970's and 1980's, a few western countries made the import of the South Africa Gold Krugerrand illegal, due to the apartheid regime at the time....
The coins have legal tender status in South Africa, although Krugerrands were never assigned a rand (ZAR) value. Krugerrands were designed to derive their value exclusively from the price of gold at the time they are traded. If the price of gold changes, so does the price of Krugerrands....