The Kruggerand is a gold coin from South Africa. They are released by the South African Mint and Government of South Africa. You could get them in South Africa or check with a local coin store.
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.
The value of 1 ounce coins varies from day to day, as the spot price changes, as well as the premium, depending on the coin. However, today, at the end of June, a Krugerrand costs 880 British Pounds.
what is value of a south African 1978 fine gold Krugerrand coin
The value of a 1980 Krugerrand primarily depends on its gold content and current market prices for gold, as well as its condition and demand among collectors. As of October 2023, gold prices fluctuate around $1,900 to $2,000 per ounce, and a Krugerrand contains one ounce of gold, making its intrinsic value roughly between $1,900 to $2,000. Additionally, collectors might pay a premium for coins in excellent condition or with unique provenance. For a precise valuation, it's best to consult a coin dealer or check recent sales of similar coins.
South African politician
The Krugerrand coin was minted in 1967 making the earliest coins about 44 years old.
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.
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.
Nothing, because there is no such thing as a 1962 Krugerrand. The first Krugerrand was struck in 1967.
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.
A 1974 1 oz. Gold Krugerrand can reach up to $2,500.00 in value.
A Quarter Krugerrand is worth about $300.
Half ounce kruggerands were not made in 1968. The South African Mint did not begin to make fractional sizes until 1980. A one ounce 1968 Krugerrand can be purchased for approximately $1,850.00 USD. They are all proof coins unless opened by the original owner.
The value of 1 ounce coins varies from day to day, as the spot price changes, as well as the premium, depending on the coin. However, today, at the end of June, a Krugerrand costs 880 British Pounds.
A 1974 1 oz. Gold Krugerrand can reach up to $2,500.00 in value.
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.
You've got to give the country of origin, the year, and the denomination. Africa is made out of many countries, many of which have issued gold coins and even within a country the denominations can vary. For example, a 1/10th of an ounce South African Krugerrand is worth around $165 or so, whereas a full ounce Krugerrand can be worth $1700 or so depending on the price of gold.