Krugerrand Value

Price% Unit Date Krugerrand 1 oz: 1,840.65 0.93: USD per 1 Ounce 2/5/21 04:26 PM Krugerrand 1/10 oz: 160.90 0.75: CHF per 1/10 Ounce.

• The World Coin Price Guide was independently compiled by Active Interest Media’s NumisMaster. In some cases, NGC has made adjustments or edits to the prices, descriptions and specifications. NGC makes the World Coin Price Guide available to its website visitors as a free service, but in no way does the information provided represent NGC’s.
• Krugerrand prices and the price of all gold coins will move in line with the current gold prices, since the bulk of their value comes solely from the gold content of each coin. Some gold coins may have a value that is far higher than their gold content alone because they are from a year when not many coins were minted, or because of their.

Krugerrand Value By Year

Gold Krugerrands are gold coins native to South Africa that take their peculiar name from the combination of two words, namely, “Kruger” that is the name of famous South African President and “Rand” which stands for the unit of South African national currency. First minted in 1967 in the efforts to introduce South African gold to world investors, Krugerrand gold bullion coins remain one of the most popular means of investment in gold due to their exceptional purity and content. These coins are struck from 22 Karat gold and are considered the top selling bullion coins in the world.

Here we list of top 5 factors that affect the value of Krugerrands:

Krugerrand Value Gold Coin

1. The first and most important determining factor for Krugerrand value is the current price of gold. This factor will undoubtedly drive its value up or down. The market price of precious metals works in the opposite direction with market trends. When the economy is healthy, the prices of all precious metals are low and they soar in unhealthy market scenarios.

2. The size of Krugerrands is the second important factor in establishing their value. Krugerrand gold coins have no denominations but come in a variety of sizes. A full Krugerrand is considered a 1 oz gold Krugerrand coins, it contains a full troy ounce of gold. Half, quarter and tenth of a Krugerrand contain respective fractions of the gold content.

3. Overall Krugerrand value also depends on the gold dealers’ premiums. Smaller bullion coins are less popular among gold dealers and investors and tend to carry higher costs associated with premiums of handling smaller coin sizes. It’s considered to be financially wiser to purchase Krugerrand coins that come in full sizes due to lesser added cost.

1976 Krugerrand Value Today

4. Krugerrand value is also driven by a coin’s actual grade, or condition it’s in. An uncirculated coin is going to be worth more than the one that has been worn by circulation. Additionally, depending whether the coin is of bullion, proof or non-proof edition will drive Krugerrand value up or down. Generally, proof and non-proof editions are valued higher due to higher level of design elements like edge serrations and finer image details and clarity.

Krugerrand Value History

5. Numismatic value is another important factor affecting the actual Krugerrand value. Some collectors are willing to pay more money for a certain mintage year that they consider to be more valuable compared to the rest.