Asked in Real Estate InvestingCurrency ConversionsInvestment BankingMetal and Alloys
How much is a kruggerand worth?
November 12, 2010 3:34AM
Krugerrands are NOT PURE GOLD!!! The are 91.666 percent pure gold and 8.333 percent copper. This is why a "One Ounce" Krugerrand weighs more than one ounce. It does have an ounce of pure gold in it, but it weighs more than an ounce.
Also note the spelling has only one "g" and two "r's."
Check the linked website for more details
1 ounce - $1,317
1/2 ounce - $666
1/4 ounce - $333
1/10 ounce - $143
(All prices as of September 10, 2010)