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.
is a 1973 krugerrand any more valuable than other krugerrands
The value of the Krugerrand is based on its weight in gold. A 1 ounce Krugerrand contains roughly 1 ounce of gold. The gold value is based on the market price for gold. On Dec. 29, 2007 the price for 1 ounce of gold is $838USD. A one ounce Krugerrand can safely be assumed to contain exactly 1 troy ounce of gold. Krugerrands usually trade at a slight premium to the price of gold bullion, sometimes a slight discount, and of course it depends whether you are buying or selling. We have provided a link with full specifications, and much more information about Krugerrands. The same website has pages with live spot gold prices in up to 12 different currencies. From these sources, you can work out an approximate Krugerrand value at any given time.
The R2 gold coin is a bullion coin, meaning that it's not worth much more than the gold it contains. The R2 coin contains 0.2354 fine oz of gold, and with gold currently selling for round about $1050 per fine oz the value of the coin is about R2000.
"Golden" Sacagawea dollars and the new Presidential Dollars, don't contain any gold. They are made of a bronze alloy that approximates the color of gold. However if you have a tiny (14 mm diameter) gold dollar from 1849 to 1889, it's real gold and the bullion value then was about $1. Now that tiny coin has over $100 worth of gold in it, but of course is worth considerably more as a collectible.
If the coin is a 2007 coin - A New Zealand 2007 bronze finish 10 cent coin (Tuatara Commemorative), uncirculated and in absolute mint condition could fetch up to $10 NZD. There were 15,000 minted. A reputable coin dealer will be able to give a more accurate valuation.
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.
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.
It depends. An older gold coin is worth more as a coin if it is in mint condition. That means it looks perfect. It was never used. If it is worn or damaged, it might be worth more for its weight in gold.
is a 1973 krugerrand any more valuable than other krugerrands
The value of a 1974 Krugerrand can vary depending on factors such as condition and current gold prices. As of 2021, a 1 oz 1974 Krugerrand could be worth around its gold melt value or more to collectors for its numismatic value. It's best to check with reputable coin dealers or online marketplaces for the most accurate valuation.
It depends on which denomination coin you have. A $10 coin has more gold than a $5 coin.
Defenitly. Any coin with a gold content is worth way more than face value.
It was worth more than $1,000.
That depends on factors such as the denomination, date, and condition. For example, a $10 gold coin is worth more than a $5 gold coin. At very least, there's value for the gold content.
I am guessing that you mean the Gold 1 troy ounce Krugerrand. I am also guessing that you mean the US$ 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
The 1987 5 Dollar gold eagle is a 1/10 ounce bullion coin. What ever the price of gold is per ounce the coin is worth one tenth of the price. Right now gold is $1,164.20 per oz.The coin is worth $116.4. The proof is worth more.
You do not specify what country it is from or what the denomination is. Whatever the coin is, the melt value will be whatever the current price of gold is. Alternatively, it will probably be worth more as a collectible coin.