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It's a gold bullion coin issued by South Africa, similar to the American Eagle or Canadian Maple Leaf coins. They're sold for their gold content, not for spending.
What else can I help you with?
How old are krugerrand coins?
The Krugerrand coin was minted in 1967 making the earliest coins about 44 years old.
What is the value of a South African 1978 fine gold Krugerrand coin?
what is value of a south African 1978 fine gold Krugerrand coin
What is the name of the famous gold coin minted in South Africa?
Krugerrand
How do you know a 1980 south African krugerrand 1 oz coin is real and are there fake ones?
Yes, there are most definitely fake krugerrands in circulation. The best way to verify a fake or real krugerrand is to go to a reputable coin dealer. You can also do some measurements of the coin, a real 1 oz. krugerrand will weigh 33.930g. its diameter will be 32.77mm, and its thickness will be 2.84mm.
What type of money starts with k?
Krugerrand - South African gold coin
Where can a gold Krugerrand be bought?
Online coin retailers like APMEX and Monex carry gold Krugerrand. CMI Gold and Silver Inc. also sells gold Krugerrand, but it can only be purchased via telephone order.
How many ounces of gold in a krugerrand?
A standard Krugerrand coin contains exactly 1 troy ounce of gold.
What is the weight in troy ounces of a krugerrand gold coin?
16.718 gm = 0.537496oz (troy)
How heavy is a kruger rand?
A Krugerrand is a gold coin weighing one troy ounce, which is approximately 31.1 grams. However, the total weight of the coin, including its copper alloy, is about 33.93 grams. The Krugerrand was first minted in 1967 and is primarily used as an investment vehicle.
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 the weight of a gold krugerrand?
A full Krugerrand weighs 33.93g and contains one Troy Ounce of pure gold (31.1g). To make the coin more hardwearing, the gold is alloyed with copper, making it 91.67% pure.
How do you spell Krugeran?
The correct spelling is the proper noun Krugerrand, a South African gold bullion coin.
