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I am guessing that you mean the Gold 1 troy ounce Krugerrand. I am also guessing that you mean the US$ price. Because the Rand price would be R27.50. Since the coin was intended to be sold for the price of gold the retail price of the Krugerrand would be the price of gold plus a small premium (Proably 4-5% of the gold price of the coin). Since the price could flucuate on a daily basis the retail price could and would fluctuate. Also, an individual coin dealer might charge more of a premium if they wanted to. This site: http://www.usagold.com/reference/prices/1970.html lists the average selling price for that year. It ranges from $34.94 to $37.44 per troy oz. The Krugerrand was only sold in one troy ounce coins at that time. In 1970 the Rand was worth more than the dollar. The dollar price for gold reflects the higher value of the Rand. If you could have, don't you wish you would have bought a thousand of them. RR
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Value of quarter ounce krugerrand with gold bezzel?
A Quarter Krugerrand is worth about $300.
What is the value of a silver krugerrand?
The South African government mints the krugerrand in gold only. There are silver kruggerrands floating around but they are not minted coins so be careful.
How much does used home cost in the 1970's?
I looked at a house in 1969 that was several years old and the selling price was 13,000. That seemed like a lot of money at the time. Housing prices vary from area to area and state to state. Depending on where the house is located the price can be higher or lower. So, it is hard to tell you prices of houses because they vary so much.
What happens when the market price is lower than the equilibrium price?
When the market price is lower than the equilibrium price the price of the product will continue to rise. The price will rise until it equal the equilibrium price.
Can you find price elasticity if there is no change in price?
There must be a change in the price to calculate the price elasticity. Elasticity depends on the changes in the demand of a good or service based on the change in the price of a good or service.
What is the value of half Krugerrand?
The price of a Half Krugerrand varies with the price of gold per ounce. Pick up a copy of your local newspaper and find the price of gold in the business section to find out what a half ounce of gold is worth-it may even tell you what the spot price of a half Krugerrand is according to most recent reports.
What did a krugerrand cost in 1978?
Gold was worth an average 193 dollars in 1978. A South African gold krugerrand was and is worth about 10 percent more that the present price of gold. A krugerrand in 1978 would have been worth about 212 dollars.
What is the value of the Krugerrands?
The price of a Half Krugerrand varies with the price of gold per ounce. Pick up a copy of your local newspaper and find the price of gold in the business section to find out what a half ounce of gold is worth-it may even tell you what the spot price of a half Krugerrand is according to most recent reports.
What is the lowest wholesale market price of 1 oz Krugerrand in the world today?
USD 1200
How much is 1962 krugerrand worth?
Nothing, because there is no such thing as a 1962 Krugerrand. The first Krugerrand was struck in 1967.
What is a 1974 Gold Krugerrand worth?
A 1974 1 oz. Gold Krugerrand can reach up to $2,500.00 in value.
How much is a Krugerrand worth in US dollars?
Check your newspaper financial section for the price of one ounce of gold. It changes daily.
Value of quarter ounce krugerrand with gold bezzel?
A Quarter Krugerrand is worth about $300.
Is a krugerrand coin worth more as a coin or gold?
Even if Krugerrand value is closely linked to the value of gold, Krugerrands are worth more as coins, since they are sold with a premium (3% and more) over the gold price. Specially proof Krugerrand coins that have a collector value are worth much more than the gold they are made of. Older bullion Krugerrands may also increase in their collector value.
What is a 1974 Gold Krugerrand?
A 1974 1 oz. Gold Krugerrand can reach up to $2,500.00 in value.
How old are krugerrand coins?
The Krugerrand coin was minted in 1967 making the earliest coins about 44 years old.
What was the average price of gas in 1970?
The average price of a gallon of regular leaded gasoline in 1970 was $.36 cents.
