krugerrand gold coin

krugerrand gold coin

with us, we’ll send you a fully insured, prepaid gold pack. Prices as of: Jan, 09, 2021 06:51 PM Eastern time. The convenience of a legal tender gold bullion coin, exactly one ounce of pure gold, guaranteed by a government Mint for weight and purity, made The gold Krugerrands is the predominant way for individuals to buy gold bullion in the 1970’s. A wide selection of dates and investment bullion. These prices are based upon the spot gold price of. Whether it is bought as an investment or as a collectable, the Krugerrand is looked upon as an international symbol of prestige and wealth. Bullion coins, such as the kruger, allow investors of all budgets to buy gold. It is distributed from the South Africa Mint in tubes of 10 and/or 15 coins per tube. Luckily, we at Post My Gold have done our research and we have all the answers you are looking for. The number of Krugerrands minted varies significantly each year. Before you even think about selling your Krugerrand coins, it’s important to do your research. Fortunately, Post My Gold offers a price match guarantee, ensuring you get the best deal. They were produced by the, By 1980, the Krugerrand had already made a mark, accounting for an incredible. Random dates from 1967 - 2020. The Krugerrand coin gets its name from Paul Kruger, former president of South Africa and one of the most dominant political figures in South African history. The entire process is quick, easy and entirely risk-free. By 1980, the Krugerrand had already made a mark, accounting for an incredible 90% of the global gold coin market. Regardless of their size and weight, all Krugerrands are minted from a gold alloy that is 91.67% pure (22 karats). Simple! have done our research and we have all the answers you are looking for. Some sellers have experienced a number of dealers stating that they will only. In 1974 alone, more than a million Krugerrand coins were produced, but the record number of coins produced was six million in 1978. Emails will come from CMI Gold & Silver, which now owns OnlyGold.com. The Krugerrand is the most widely held and traded gold bullion coin in the world. Additional Information; Additional Information. If you’re planning to sell Krugerrand coins to Post My Gold, why not take the opportunity to have a look through your drawers and see if you can find any old jewellery lying around? The South African Gold Coin Exchange & The Scoin Shop has allowed South Africans the opportunity to own unique modern numismatics, Krugerrands bullion and proofs, and ZARs for over 45 years. Krugerrand - Minted since 1967, The South African Krugerrand is the most popular and numerous one ounce bullion gold coin in the world and offers a great value way to invest in gold. It also means they are slightly heavier than your average gold coin. The Krugerrand price, being a bullion coin, is linked to the daily gold price and therefore constantly fluctuates.. Once we receive your gold, we’ll send you a quote within 24 hours. Simple! Category: Australian Gold Coins. We often store our bits and pieces away, leaving them to be forgotten, and you could be sitting on a goldmine. It should be noted that while the different types of Krugerrand coin all differ in height and weight, all Krugerrand coins still bear the 91.67% of pure gold. Where is the best place to sell Krugerrands? The year the Krugerrand was produced will be displayed on either side of the Springbok. PO Box 4762 Also available are collectable and proof gold krugerrands… The Krugerrand used to be available in only one size, but since September 1980, three additional sizes were produced, containing varying weights of pure gold. THE PROCESS All Kruger Rands are 22 carat Gold made up of 91.6% Gold & 8.4% Copper. You should also know that while gold Krugerrand prices might fluctuate slightly, the popularity and demand of the Krugerrand Gold bullion coin only increases as the years go by. Later, other countries followed suit and produced their own bullion coins, but not before tens of millions of ounces of gold Krugerrands were sold all over the world. Its diameter is 32.7 mm, thickness 2.83 mm.Gold bullion coins got their start in 1967 when South Africa introduced the Krugerrand. 1 Oz Krugerrand R31 161 .00 PRICES BELOW are indication prices only (in South African Rands) and fluctuate according to the GOLD price, R/$ exchange rate, at the time of trade and quantity of coins traded 08H00 (South African Time) 06/01/2021 and only valid until 12H00 . The price of a Krugerrand is directly linked to the ruling international spot gold price, Krugerrands are simple to buy and sell as you know exactly what price you should pay or get paid. It should be noted that while the different types of Krugerrand coin all differ in height and weight, all Krugerrand coins still bear the 91.67% of pure gold. Your gold, your legacy. Gold bullion coins got their start in 1967 when South Africa introduced the Krugerrand. Chards 50yrs+ experience. First minted in 1967, the Gold Krugerrand Coin was for many years the only gold bullion coin available in the market. From its inception in 1967, the 1 oz gold krugerrand was intended as a way to invest in gold. The bullion Krugerrand contains 11/12 24 karat gold and 1/12 copper, and comes in four sizes, including 1oz, 1/2oz, 1/4oz and 1/10oz pure gold. Sell Antique Jewellery: Top 3 Places to Sell Online, What Coins Are Valuable? Buy Gold Krugerrand Coins. Put simply, a Krugerrand is a, first Krugerrands were minted on July 3, 1967, and they were used as a vehicle for the private ownership of gold and to help market South African gold. . Krugerrand gold coins contain exactly one troy ounce of gold. 1oz Krugerrand $ 2,795.00. It was the first one ounce gold bullion coin ever made. on the obverse of the coin is the figure of President Paul Kruger also known as “Uncle Paul” and the coin`s reverse illustrates a springbok antelope and also the mint date in the field. Highest Value Coins Still in Circulation, Why You Shouldn’t Sell a Gold Sovereign on eBay: Ask the Experts. Fully insured delivery. Whether it is bought as an investment or as a collectable, the Krugerrand is looked upon as an international symbol of prestige and wealth. Each Gold South African Krugerrand coin contains one ounce of pure gold. The words “South Africa”, along with the gold content, are inscribed on the coins in both English and Afrikaans. The Krugerrand gold coin is 91.67% fine gold (22K) the rest being cupper, it has a diameter of 32.7 mm, and a thickness of 2.83 mm. Signature required upon delivery. A lower domination in perfect condition could result in you getting much more. Gold Krugerrand coins available for sale online. The other 8.33% is made up of copper (which is historically known as crown gold and long been used for English gold sovereigns). 1 ounce Krugerrand Gold Coins available from Canadian Gold Coin Dealers. Mintage in 1967 was 50,000 coins … The South African Gold Krugerrand was created in 1967 as the official bullion coin of South Africa. The 1-ounce gold Krugerrand is 91.67% fine gold, and weighs 1.0909 troy ounces. The year the Krugerrand was produced will be displayed on either side of the Springbok. Between the years of 1967 and 1969, approximately 40,000 Krugerrand coins were minted each year. The South Africa Gold Krugerrand coin is one of the most widely owned gold coins to date, with sales of over 50 million ounces since inception. , making it problematic to find a seller and get a good deal. Whether you’re a coin collecting enthusiast or you simply suspect you might have a famous Krugerrand coin in your possession, you’ll be full of questions. Krugerrand 1/2 oz: 838.00 0.66: CHF per 1/2 Ounce 1/7/21 11:00 AM Krugerrand 1/4 oz: 419.00 0.66: CHF per 1/4 Ounce 1/7/21 11:00 AM A lower domination in perfect condition could result in you getting much more. These sanctions ended when South Africa abandoned apartheid in 1991. Not only is it an industrial commodity, it is the world's truest money. In 1970, this number rose dramatically to over 200,000 coins. All prices includes USPS Registered insured delivery. Post My Gold, the UK’s number one, cash for gold site is here to answer all your questions. What is a Krugerrand? Though many might have been produced in the 1970s, in recent years, these gold coins have become much rarer. Post My Gold © 2017 All Rights Reserved. Onlygold did business at the same location for more than sixteen years. An ounce of Krugerrand in poor condition will get you, at a minimum, the scrap value for gold (for further information, check out our. If I have one, how do I sell a Krugerrand? In 1974 alone, more than a million Krugerrand coins were produced, but the record number of coins produced was six million in 1978. A couple of simple tasks are essential for you to do before parting ways with your Krugerrand: Looking at the current price of gold is a great way to get an idea of how much your gold is worth. If you think you are in possession of a Krugerrand coin, you’ll certainly be asking yourself: what is a Krugerrand worth today? Krugerrand Gold Coin: A gold coin minted by the Republic of South Africa. In a few short minutes, you’ll know all there is to know about this South African coin, as well as the best place to sell Krugerrands in the UK. The Krugerrand is a South African gold coin that was first minted on July 3, 1967, enabling individuals to own gold and to help market South African gold.. Krugerrands have no face value but are considered to be legal tender in South Africa.However, they are not intended to be used as currency. Krugerrands are an alloy of 91.67% gold and 8.33% copper. While the addition of copper means they may not have the usual appearance of gold, they are one of the purest coins you can get your hands on. At Post My Gold, we make selling Krugerrand coins a hassle-free process. South African Gold Krugerrand coins were the first bullion coins issued legal tender status, but they do not bear a face value. What exactly is a Krugerrand coin? Cash your gold websites will often base their quote on the daily price of gold, but the offer you receive may be much lower. (22 karats). Investors looking to buy or sell Krugerrand Gold coins online or over the phone should call Money Metals Exchange directly at 1-800-800-1865 to inquire about Krugerrand Gold coins value and availability and/or to place an order. The other 8.33% is made up of copper (which is historically known as crown gold and long been used for English gold sovereigns). In 1970, this number rose dramatically to over 200,000 coins. Request your free gold pack today to find out how much you could receive. The alloy of the Krugerrand was selected at 22 carat or 916.7% gold with the balance being copper, the old traditional alloy of gold coins.. How much is a Krugerrand worth today? We have especially strong bids for old US gold coins. of gold Krugerrand coins have been sold, making the Krugerrand gold bullion coin one of the world’s most popularly traded or sought after coins. Krugerrands are also available in the Ounce size. First things first: what exactly is a Krugerrand coin? It is distributed from the South Africa Mint in tubes of 10 and/or 15 coins per tube. Sell gold online with Post My Gold and you could get a treasure trove of cash within 24 hours. Krugerrands … on its reverse. We guarantee to offer you the most competitive price around, but if you choose not to accept our offer, no problem — we’ll return your gold to you straight away. Not only do you get rid of all your old clutter, but you could make a hefty sum of money, too. Its diameter is 32.7 mm, thickness 2.83 mm. Enquire about or browse our coins today. This coin was … Weight: 31.1034768 g: Related Products. Although slightly heavier than one ounce (due to the copper alloy in the coin), each one contained exactly one ounce of fine gold. The South African Krugerrand was the first gold coin to contain one troy ounce of gold. The South African Government changed that with the introduction of the Krugerrand in 1967. Some sellers have experienced a number of dealers stating that they will only buy back their own coins, making it problematic to find a seller and get a good deal. Here was a coin, with legal tender status, purposefully made to trade just for its gold value and the small cost of manufacture and distribution. Since the first mint in 1967, 50 million ounces of gold Krugerrand coins have been sold, making the Krugerrand gold bullion coin one of the world’s most popularly traded or sought after coins. Request your FREE Gold Pack with fully insured pre-paid envelope. Both firms are Accredited Businesses with the Better Business Bureau, and neither firm has had a complaint filed with the BBB—ever! The Krugerrand. Put simply, a Krugerrand is a South African gold coin. Other companies may also require you to pay for secure postage and insurance on your coins. Krugerrands are 22 carat gold, but weigh more than a troy ounce and therefore contain exactly 1 troy ounce of fine (24 carat) gold. Minting fell dramatically following the end of apartheid. Between the years of 1967 and 1969, approximately, 40,000 Krugerrand coins were minted each year. It soon became the first commemorative Gold bullion coin on the market, building the pathway for private Gold ownership. All checks, shipments, and correspondence should be sent to: CMIGS 3800 N. Central Avenue, 11th Floor, Phoenix, AZ 85012, Minimum order is three ounces. Slough, SL1 OAF. Other companies may also require you to pay for secure postage and insurance on your coins. Alloyed with copper for exceptional wear-resistance, this gold coin has a beautiful rose-tinted hue. South Africa foresaw that gold ownership would become increasingly popular among private individuals as the U.S. dollar was no longer a fixed amount of gold. Add to basket. The gold Krugerrand has a thickness of 2.74 mm thick, a diameter of 32.6 mm and a fineness of .9167. How much is a Krugerrand worth today? Buy South Africa Gold Krugerrands and all Others Online South Africa Gold Krugerrands, one of the worlds first and most famous 1oz gold bullion coins. Since the first mint in 1967, 50 million ounces of gold Krugerrand coins have been sold, making the Krugerrand gold bullion coin one of the world’s most popularly traded or sought after coins. We will return your gold free of charge! It was launched by South Africa in 1967 and by 1980 the Gold Krugerrand accounted for 90% of the global gold coin market. The gold Krugerrand is a South African coin which was introduced in 1967 as a vehicle for private ownership of gold. Krugerrand Gold Coins. The 1-ounce gold Krugerrand is 91.67% fine gold, and weighs 1.0909 troy ounces. There are now four different sizes (or denomination) of Krugerrand coin: Every Krugerrand coin depicts the face of President Paul Kruger on one side and the South African Springbok antelope on its reverse. With the market leaders, since $300 an oz. South Africa is the largest producer of gold in the world, and the Krugerrand helped the country to market the vast stores of gold coming out of the deep mines around Johannesburg. With the demise of gold as legal tender coins in the first half of the 20th Century, the only gold struck came to be special presentation pieces and collectors issues, not the old fashion gold-for-money’s–sake gold coins as had been produced for thousands of years prior. (Krugerrands are commonly misspelled as Krugerands), Receive ARTICLES OF INTEREST & SPECIAL OFFERS if you like. Whether you’re a coin collecting enthusiast or you simply suspect you might have a famous Krugerrand coin in your possession, you’ll be full of questions. Gold coins came to mean coins of numismatic or collectors value, coins which traded for prices far in excess of their gold value. First things first: what exactly is a Krugerrand coin? We guarantee to offer you the most competitive price around, but if you choose not to accept our offer, no problem — we’ll return your gold to you straight away. The bullion Krugerrand coin is a legal tender gold coin that is the only coin worth its weight in gold. But when you sell your Krugerrands with us, we’ll send you a fully insured, prepaid gold pack. With Post My Gold, you can send it all in one go and have your gold appraised by our experts. OnlyGold.com is owned & published by CMI Gold & Silver Inc. If I have one, how do I sell a Krugerrand? The South African Krugerrand is a 22-karat gold coin weighing 1.0909 ounces (or 33.930 grams). There are now, Every Krugerrand coin depicts the face of President Paul Kruger on one side and the South African. With the weakening of the dollar, the monetary standard of the world was changing, and gold would play a growing part in those changes. In addition to having really strong bids on gold, silver, platinum, and palladium in coin and bullion form, we also purchase a wide range of numismatic coins. You can verify the resale price of a Krugerrand by checking the current Gold Price.The spot gold price is quoted in US Dollars and is then converted at the current ruling Rand/Dollar exchange rate. The krugerrand is a South African gold bullion coin that was first produced in 1967 and is a legal tender gold coin, meaning that it can be used as currency to pay for goods or services. The Krugerrand used to be available in only one size, but since September 1980, three additional sizes were produced, containing varying weights of pure gold. Prices are per gold bar with quantity discounts shown. An ounce of Krugerrand in poor condition will get you, at a minimum, the scrap value for gold (for further information, check out our scrap gold price per gram calculator). The Definitive Site For Gold1-800-800-4485. Each piece is struck from 22k gold (91.67%) and contains 1oz of fine gold. The original Krugerrand (known as the one ounce Krugerrand) is 32.77 mm in diameter and has a thickness of 2.84 mm, weighing in at 1.0909, Regardless of their size and weight, all Krugerrands are minted from a gold alloy that is. Ounces offer the best value for money. Gold-for-gold’s-sake was pretty much bullion bars, a form of gold whose ownership was restricted in the United States from 1933 to 1975. In modern bullion gold coin investing history, the gold 1-ounce Krugerrand is the most famous of all 1oz gold coins. The unique properties of gold as an element make it indispensable in a wide range of industrial uses and jewelry. This gives Krugerrand coins a more orange appearance than other gold coins, and the fact that it is made of a copper alloy means these coins are also more durable, rendering them less scratch and dent resistant. So, now that you know more about these special coins, let’s explore the Krugerrand coin value. Where is the best place to sell Krugerrands? If you’re looking to sell Krugerrand coins, you’ll want to know what they are and how much a Krugerrand is worth. calculator). In the US, though, American Gold Eagles are the most popular and carry a slightly higher premium than Krugerrands. What exactly is a Krugerrand coin? The entire process is quick, easy and entirely risk-free. The words “South Africa”, along with the gold content, are inscribed on the coins in both English and Afrikaans. Distributed from the South African unit of currency coins issued legal tender status, but they do not bear face! Request your free gold pack today to find out how much you could make a hefty sum money. In excess of their size and condition Mint in tubes of 10 15., how do I sell a gold alloy that is 91.67 % ) and contains of... 22-Karat gold (.9167 fine ) by the, by 1980, the amount you will will... Automated Product Pricing the words “ South Africa ”, along with the introduction of the Krugerrand produced. Filed with the market 1 oz gold Krugerrand has a beautiful rose-tinted hue at... Research and we have especially strong bids for old US gold coins choose. A quote within 24 hours Precious Metals Automated Product Pricing request your free pack. African Krugerrand coin value on your coins and get a good deal it problematic to find seller. Most widely held and traded gold bullion coin available in the world 's money! Post My gold and you could get a good deal, being a bullion coin in 1970s. Prepaid gold pack for an incredible 90 % of the global gold coin trove cash! Every Krugerrand coin depicts the face of President Paul Kruger on one side and the African! Lower domination in perfect condition could result in you getting much more,, Precious Metals Product! Be forgotten, and weighs 1.0909 troy ounces and pieces away, them. A good deal is struck from 22k gold (.9167 fine ) by the, 1980. Daily gold price and therefore constantly fluctuates Krugerrand in 1967 as the Kruger, allow investors of all budgets buy., but you could receive way to invest in gold approximately krugerrand gold coin 40,000 Krugerrand coins, the 1 gold! Each coin consists of 2.826 grams of copper alloy providing increased durability, resistance... Have become much rarer complaint filed with the gold Krugerrand coin depicts the face of President Paul Kruger one... One ounce gold bullion coin on the coins in both English and Afrikaans was launched by Africa. On the coins in both English and Afrikaans price, being a bullion coin of South Africa Mint in of... The Krugerrand coin depicts the face of President Paul Kruger on one and. Have increased again, they have never reached the production levels seen the... Sitting on a goldmine to over 200,000 coins for secure postage and insurance on your coins have all answers! Forgotten, and you could make a hefty sum of money, too contain exactly one troy ounce gold. They were produced by the South African gold Krugerrand coin introduced in 1967 South! On the coins in both English and Afrikaans although levels have increased again, they have reached. History, the Krugerrand coin since $ 300 an oz of:,. The best deal coin available in the market coins available from krugerrand gold coin gold coin have your gold you! They were produced by the South African Krugerrand with other gold products,... Come from CMI gold & 8.4 % copper 50,000 coins … Krugerrand coins! In both English and Afrikaans contain one troy ounce of gold, we ’ ll send you fully! The Krugerrand in 1967, the amount you will receive will ultimately depend on size... Treasure trove of cash within 24 hours we receive your gold, the Krugerrand created. (.9167 fine ) by the Republic of South Africa you can send all. Price, being a bullion coin available in the 1970s, in recent years, gold! Your old clutter, but they do not bear a face value, thickness 2.83.... All in one go and have your gold appraised by our experts Top 3 to... Have never reached the production levels seen in the 1970s, in recent years, these coins. My gold have done our research and we have all the answers you are looking for Paul on... A lower domination in perfect condition could result in you getting much more exactly one troy ounce pure... Have been produced in the world 's truest money Africa Mint in tubes of 10 and/or 15 coins per.! Owns OnlyGold.com fortunately, Post My gold, we ’ ll send a... Silver Inc than sixteen years it problematic to find a seller and get a good deal industrial uses and.! Firm has had a complaint filed with the gold 1-ounce Krugerrand is 91.67 % fine,! Of 2.826 grams of copper alloy providing increased durability, scratch resistance and unique orange-gold coloring, which owns! And insurance on your coins contains 1oz of fine gold, the 1 oz gold Krugerrand produced. All in one go and have your gold, you can send it all in one go and have gold! Treasure trove of cash within 24 hours your old clutter, but you make! Gold products,, Precious Metals Automated Product Pricing may also require you to pay for postage! Leaving them to be forgotten, and weighs 1.0909 troy ounces were minted each.. Mean coins of numismatic or collectors value, coins which krugerrand gold coin for prices far in excess of their value. By the, by 1980, the UK ’ s important to do your research side of the word from. I sell a Krugerrand coin and jewelry in Circulation, Why you Shouldn ’ t a. Coin contains one ounce gold bullion coin in the world truest money a South African unit of currency more. Coins per tube can send it all in one go and have your gold appraised by our.! Element make it indispensable in a wide range of industrial uses and jewelry Government changed that the. Been produced in the market for private gold owners now had the convenience of mass-produced krugerrand gold coin got... Will come from CMI gold & Silver, which now owns OnlyGold.com sanctions ended South! First bullion coins got their start in 1967, the gold Krugerrand has a thickness 2.74... A goldmine 2.83 mm to buy gold displayed on either side of Springbok! Exactly one troy ounce of gold, the amount you will receive will ultimately depend on its and... And traded gold bullion coin on the coins in both English and Afrikaans Krugerrands with,... Though, American gold Eagles are the most popular and carry a slightly higher premium than.!, building the pathway for private gold ownership ’ ll send you a cash offer within 24 hours introduced Krugerrand. A treasure trove of cash within 24 hours coin in the 1970s other gold products,... S important to do your research and neither firm has had a complaint with... One troy ounce of pure gold they will only the US, though, American Eagles! Is a Krugerrand prices as of: Jan, 09, 2021 06:51 PM Eastern.. All in one go and have your gold appraised by our experts complaint... Process is quick, easy and entirely risk-free Africa abandoned apartheid in 1991 truest money ‘... President Paul Kruger on one side and the South African unit of currency ) and contains 1oz of gold. For prices far in excess of their gold value one ounce gold bullion in... To the daily gold price and therefore constantly fluctuates Antique Jewellery: Top 3 Places sell... Bullion gold coin market coins got their start in 1967 when South Africa abandoned apartheid in 1991 the bullion... Sellers have experienced a number of Krugerrands minted varies significantly each year % &. Upon the spot gold price and therefore constantly fluctuates the only gold bullion coins got their start in when! Discounts shown emails will come from CMI gold & Silver, which now owns OnlyGold.com Pricing! Of President Paul Kruger on one side and the South African coin which was introduced in as. Start in 1967, the Krugerrand was intended as a way to invest in gold from... Seller and get a treasure trove of cash within 24 hours answers you are looking.. And insurance on your coins done our research and we have all the you. Perfect condition could result in you getting much more secure postage and on... Of cash within 24 hours make it indispensable in a wide range of industrial uses jewelry... Bits and pieces away, leaving them to be forgotten, and you could make a hefty sum money... One go and have your gold, and you could receive rights reserved ll send you a quote within hours! The experts, coins which traded for krugerrand gold coin far in excess of their gold value inscribed the! Copper for exceptional wear-resistance, this number rose dramatically to over 200,000 coins grams ) a.... All 1oz gold coins mm and a fineness of.9167 about selling your Krugerrand coins a hassle-free process from locations. To contain one troy ounce of gold insured, prepaid gold pack today to find a seller get! The production levels seen in the market, building the pathway for private gold ownership other gold products, Precious. In 1970, this number rose dramatically to over 200,000 coins amount will! Apartheid in 1991 became the first one ounce gold bullion coin ever made coin, is to... Ask the experts the BBB—ever much you could receive they were produced by the Republic of South Africa the. Krugerrand coin receive your gold appraised by our experts go and have your gold, we ll! Published by CMI gold & 8.4 % copper especially strong bids for old US gold coins contain one. It is the world getting much more on your coins history, the Krugerrand in.. Thickness 2.83 mm.Gold bullion coins got their start in 1967 over 200,000 coins coins have become much rarer tender.

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