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The coin is unlikely to be worth anything more than its face value. Its only 25 years old, and though the circulation has changed, there were millions of those coins around recently and they still lurk down the back of couches and in bottom drawers.
Wiki User
â 15y ago
Wiki User
â 12y agoThere were more than one gold coins issued by South Africa in 1983.
The 2 Rand coin (KM#64) had a mintage of 15,000. It has an image of a Spingbok (an african deer) on the front and a bust of Jan van Riebeeck on the back. The coin weighs 7.9881g and is 91.7% gold, giving it an AGW (Actual Gold Weight) of 0.2355 troy ounces. It's "melt" value is thus (as of March 14, 2012, with gold at US$1638 per troy ounce) about US$385.75 - in Uncirculated condition, it has a numismatic premium of perhaps 15% above that number.
1/10, 1/4, 1/2 and 1 Krugerrand coins were also all produced in 1983 - they are each 91.7% gold and cointain AGWs of, respectively, 1/10, 1/4, 1/2 and 1 troy ounce. They are valued at between "melt" and 10% over melt, depending on condition, although "Proof" examples may sell at a moderate premium to this range.
Wiki User
â 12y agoYou need to give us the denomination before we can provide a value.
Wiki User
â 12y agoaround 50c. hope that helps
Wiki User
â 11y agoR1
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