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Weight: 31.1034768 g: Related Products. Buy Gold Krugerrand Coins. Before you even think about selling your Krugerrand coins, it’s important to do your research. The South African Government changed that with the introduction of the Krugerrand in 1967. 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. Simple! Request your free gold pack today to find out how much you could receive. 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. If you choose to sell Krugerrand coins, the amount you will receive will ultimately depend on its size and condition. 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. 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. These sanctions ended when South Africa abandoned apartheid in 1991. Once we receive your gold, we’ll send you a quote within 24 hours. Luckily, we at Post My Gold have done our research and we have all the answers you are looking for. Whether it is bought as an investment or as a collectable, the Krugerrand is looked upon as an international symbol of prestige and wealth. Between the years of 1967 and 1969, approximately, 40,000 Krugerrand coins were minted each year. All checks, shipments, and correspondence should be sent to: CMIGS 3800 N. Central Avenue, 11th Floor, Phoenix, AZ 85012, Minimum order is three ounces. 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. What exactly is a Krugerrand coin? Since then the gold Krugerrand, which is produced by the South African Mint has proved popular and by the 1980’s accounted for 90% of the gold coin market. It was the first one ounce gold bullion coin ever made. They were produced by the, By 1980, the Krugerrand had already made a mark, accounting for an incredible. First minted in 1967, the Gold Krugerrand Coin was for many years the only gold bullion coin available in the market. Its diameter is 32.7 mm, thickness 2.83 mm. The Krugerrand price, being a bullion coin, is linked to the daily gold price and therefore constantly fluctuates.. Krugerrands are also available in the Ounce size. In 1974 alone, more than a million Krugerrand coins were produced, but the record number of coins produced was six million in 1978. Both firms are Accredited Businesses with the Better Business Bureau, and neither firm has had a complaint filed with the BBB—ever! calculator). First produced in 1967, the Krugerrand celebrated its 50th birthday in 2017, and it’s still one of the top-selling gold bullion coins in the world.. During the late 1960s and early 1970s, South Africa mined 75 per cent of the total gold output in the western world. Krugerrand Gold Coin: A gold coin minted by the Republic of South Africa. The Krugerrand. 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. If you think you are in possession of a Krugerrand coin, you’ll certainly be asking yourself: what is a Krugerrand worth today? The Krugerrand is the most widely held and traded gold bullion coin in the world. Krugerrand Gold Coins. 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. OnlyGold.com is owned & published by CMI Gold & Silver Inc. A wide selection of dates and investment bullion. Enquire about or browse our coins today. The entire process is quick, easy and entirely risk-free. Additional Information; Additional Information. Krugerrands are 22 carat gold, but weigh more than a troy ounce and therefore contain exactly 1 troy ounce of fine (24 carat) gold. Once we receive your gold, we’ll send you a quote within 24 hours. This coin was … South African Gold Krugerrand coins were the first bullion coins issued legal tender status, but they do not bear a face value. Regardless of their size and weight, all Krugerrands are minted from a gold alloy that is 91.67% pure (22 karats). on its reverse. 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). , making it problematic to find a seller and get a good deal. At Post My Gold, we make selling Krugerrand coins a hassle-free process. Where is the best place to sell Krugerrands? 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. The 1-ounce gold Krugerrand is 91.67% fine gold, and weighs 1.0909 troy ounces. Your gold, your legacy. Also available are collectable and proof gold krugerrands… The other 8.33% is made up of copper (which is historically known as crown gold and long been used for English gold sovereigns). The 1-ounce gold Krugerrand is 91.67% fine gold, and weighs 1.0909 troy ounces. with us, we’ll send you a fully insured, prepaid gold pack. It is distributed from the South Africa Mint in tubes of 10 and/or 15 coins per tube. Cash your gold websites will often base their quote on the daily price of gold, but the offer you receive may be much lower. All prices includes USPS Registered insured delivery. A lower domination in perfect condition could result in you getting much more. Mintage in 1967 was 50,000 coins … First things first: what exactly is a Krugerrand coin? 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? Not only is it an industrial commodity, it is the world's truest money. Minting fell dramatically following the end of apartheid. How much is a Krugerrand worth today? It is distributed from the South Africa Mint in tubes of 10 and/or 15 coins per tube. In modern bullion gold coin investing history, the gold 1-ounce Krugerrand is the most famous of all 1oz gold coins. If you’re looking to sell Krugerrand coins, you’ll want to know what they are and how much a Krugerrand is worth. 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. We often store our bits and pieces away, leaving them to be forgotten, and you could be sitting on a goldmine. Other companies may also require you to pay for secure postage and insurance on your coins. Slough, SL1 OAF. (22 karats). Krugerrands are the world’s most popular gold bullion coins, with more Krugerrands having been minted and sold than any other modern gold bullion coin. 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. 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. 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. The latter part of the word comes from ‘Rand’ – the South African unit of currency. The South African Krugerrand was the first gold coin to contain one troy ounce of gold. Instead of odd-weight bars of gold, the market for private gold owners now had the convenience of mass-produced bullion coins. 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. The 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. Gold bullion coins got their start in 1967 when South Africa introduced the Krugerrand. 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. 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 Although slightly heavier than one ounce (due to the copper alloy in the coin), each one contained exactly one ounce of fine gold. It soon became the first commemorative Gold bullion coin on the market, building the pathway for private Gold ownership. Chards 50yrs+ experience. 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. The number of Krugerrands minted varies significantly each year. Highest Value Coins Still in Circulation, Why You Shouldn’t Sell a Gold Sovereign on eBay: Ask the Experts. Fortunately, Post My Gold offers a price match guarantee, ensuring you get the best deal. 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. 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. 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. Each piece is struck from 22k gold (91.67%) and contains 1oz of fine gold. The bullion Krugerrand coin is a legal tender gold coin that is the only coin worth its weight in gold. 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. 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. 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 . If I have one, how do I sell a Krugerrand? So, now that you know more about these special coins, let’s explore the Krugerrand coin value. 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. Some sellers have experienced a number of dealers stating that they will only. 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. The entire process is quick, easy and entirely risk-free. First things first: what exactly is a Krugerrand coin? They were produced by the South African Mint. have done our research and we have all the answers you are looking for. Sell Antique Jewellery: Top 3 Places to Sell Online, What Coins Are Valuable? Krugerrand gold coins contain exactly one troy ounce of gold. Copyright – CMI Gold & Silver Inc. All rights reserved. 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. How much is a Krugerrand worth today? 1oz Krugerrand $ 2,795.00. Onlygold did business at the same location for more than sixteen years. Krugerrands … Whether it is bought as an investment or as a collectable, the Krugerrand is looked upon as an international symbol of prestige and wealth. 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.. The South African gold Krugerrand has made gold ownership simple by providing a one troy ounce unit of gold that was easy to buy and sell all over the world. 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. , the amount you will receive will ultimately depend on its size and condition. Prices are per gold bar with quantity discounts shown. Compare 1-oz South African Krugerrand with other gold products, , Precious Metals Automated Product Pricing. We will return your gold free of charge! Between the years of 1967 and 1969, approximately 40,000 Krugerrand coins were minted each year. Its diameter is 32.7 mm, thickness 2.83 mm.Gold bullion coins got their start in 1967 when South Africa introduced the Krugerrand. . The 1 oz Gold Krugerrand Coin is minted in 22-karat gold (.9167 fine) by the South African Mint Company. With the weakening of the dollar, the monetary standard of the world was changing, and gold would play a growing part in those changes. Alloyed with copper for exceptional wear-resistance, this gold coin has a beautiful rose-tinted hue. Don't like the offer? There are now, Every Krugerrand coin depicts the face of President Paul Kruger on one side and the South African. What exactly is a Krugerrand coin? Gold coins came to mean coins of numismatic or collectors value, coins which traded for prices far in excess of their gold value. These prices are based upon the spot gold price of. Each coin consists of 2.826 grams of copper alloy providing increased durability, scratch resistance and unique orange-gold coloring. Gold Krugerrand coins available for sale online. In 1974 alone, more than a million Krugerrand coins were produced, but the record number of coins produced was six million in 1978. 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. Although levels have increased again, they have never reached the production levels seen in the 1970s. 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. 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. Post My Gold, the UK’s number one, cash for gold site is here to answer all your questions. THE PROCESS All Kruger Rands are 22 carat Gold made up of 91.6% Gold & 8.4% Copper. The gold Krugerrand has a thickness of 2.74 mm thick, a diameter of 32.6 mm and a fineness of .9167. 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. Though many might have been produced in the 1970s, in recent years, these gold coins have become much rarer. Not only do you get rid of all your old clutter, but you could make a hefty sum of money, too. PostMyGold.com The Definitive Site For Gold1-800-800-4485. Fully insured delivery. With Post My Gold, you can send it all in one go and have your gold appraised by our experts. The other 8.33% is made up of copper (which is historically known as crown gold and long been used for English gold sovereigns). 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