Krugerrands have no face value but are considered to be legal tender in South Africa. Since September 1980, Krugerrands have also become available in three additional sizes containing 1⁄2 ozt (15.55 g), 1⁄4 ozt (7.78 g) and 1⁄10 ozt (3.11 g) of gold. Bright lustrous finish. The coin was created as a means for the private ownership of South African gold bullion coins by the general public and was first minted at the South African Mint on July 3, 1967. The above Krugerrand prices are indication prices only and are subject to the transaction … South African Gold Krugerrand coins were available from 1967 to 1980 only in the 1 oz weight. Such coins are valued between $1,800 and $2000. GET YOUR FREE QUOTE NOW. [14], The South African Reserve Bank restricts the exportation of Krugerrands by a South African resident to a non-resident to a maximum of R30,000 (about US$2,100 or 1,870 Euro as of June 2018). [7], The Krugerrand was introduced in 1967 as a vehicle for private ownership of gold. These coins are priced above bullion value, although non-proof Krugerrands also have a premium above gold bullion value. Krugerrand Krugerrands Value Gold . 1/2oz Bullion Krugerrand. It was minted in a copper-gold alloy more durable than pure gold. £120.00. Kruger is the first elected president of the South African Republic. R 7,950.00. [2][3] The name is a compound of Paul Kruger, the former President of the South African Republic (depicted on the obverse), and rand, the South African unit of currency. SORRY! The country is home to some of the largest gold reserves found in the world, and it is no surprise that the nation was the first to issue a commemorative gold bullion coin as a national marketing tool. R 31,450.00. The economic sanctions placed against South Africa in an almost global statement against apartheid could have devastated the value of the Krugerrand and the South African economy but, even though the Krugerrands were illegal for import in most countries, the Krugerrand accounted for 90% of the global gold coin market. ¼ Ounce Krugerrand South Africa Numista. 0.1 oz Gold Coin Krugerrand Bullion Best Value - Secondary Market. Since this is strictly a bullion coin, the 1 oz Gold South African Krugerrand has a value based strictly on gold spot value with a slight premium. Coin Value South Africa Krugerrand 1980 To Date. Such coins are valued between $1,800 and $2000. 1-35 of 35 results. It contains one troy ounce of pure gold along with an alloy of 2.826 grams of copper. As popularity of the Krugerrand and other gold coins increased together with the price of gold, in 1980 the South African Mint introduced half-ounce, quarter-ounce and one-tenth ounce gold Krugerrands so as to allow smaller investors to enjoy the benefits of coin too. To celebrate the enduring value of this trusted and legendary icon, it has been produced for the first time in different metals, as well as different denominations in 2017. 1980 Krugerrand Value May 2020. Add to Cart Compare Quick view. 1980 Date South Africa Gold 1 10 Oz Krugerrand Littleton Coin. Buy or sell Kruger Rands on auctions or at fixed prices. The Gold Krugerrand is prized around the world, with a highly sought-after design inspired by history. The Krugerrand price, being a bullion coin, is linked to the daily gold price and therefore constantly fluctuates.. Melt Value: $480.20 (1/6/2021) Diameter: 22mm. In 1970, the number rose to over 200,000 coins. The coin's obverse features the effigy of Paul Kruger. The remaining 8.33% of the coin's weight of 1⁄11 ozt (2.828 g) is copper (an alloy known historically as crown gold which has long been used for British gold sovereigns), which gives the Krugerrand a more orange appearance than silver-alloyed gold coins. 1 Oz Krugerrand R31 161.00. The Krugerrand is struck with no face value because it is primarily minted for trading outside South Africa. The Krugerrand is one of the most popular and numerous one-ounce bullion gold coins in the world. On the reverse side of the Krugerrand is a springbok, South Africa's national animal. Dollar and gold elliott wave projection elliott waves has a clear outlook on gold from an elliott wave ysis gold elliott wave ysis page 4 gold, 127 in kg 8 kilograms to pounds recalls more than 7 tons of bbq beef kg to lbs 6000 kilograms pounds convert 2722 kg to lb, Cross sch patterns lb to kg chart fitness 1st steps guides lord libidan part 8 cross sch design for windows kg chart for cross sch overview, What made gold go up last thursday marc faber prediction for gold silver what made gold go up keith weiner gold prices go up and down. How much is a Gold Krugerrand worth in Dollars? Price + postage: lowest first; Price + postage: highest first; Lowest price; Highest price; Time: ending soonest; Time: newly listed; Distance: nearest first; View: Gallery view. The Krugerrand silver coin contains 1 troy ounce of pure 999/1000 silver, has a face value of 1 rand and can be used as legal tender. Home Shop Bullion Krugerrand Proof Krugerrand Modern Numismatics ZAR's SafeGold Coins About The Coins Krugerrand Big Five Elephant Diwali 2020 D-Day - A Snapshot in Time . View Offer. Given this is the world’s first bullion coin there is plenty to choose from and are readily available. List view. The first South African Bullion Gold Coins issued in the gold bullion market were Gold Krugerrand Coins. A gold South African Krugerrand 1OZ coin 1974, 22ct yellow gold, dated 1974, 1oz of gold, coin weight 33.93grams A gold Krugerrand, the full sovereign dated 1980. The Kruger Rands are minted from gold alloy that is 91.67 percent pure (22 karats). The Krugerrand (/ˈkruːɡərænd/;[1] Afrikaans: [ˈkrœjərˌrant]) is a South African coin, first minted on 3 July 1967 to help market South African gold and produced by Rand Refinery and the South African Mint. R 3,600.00. A Krugerrand, a gold coin from South Africa, was found in one of the kettles. (3) The coin contains an ounce of gold and is alloyed with a small amount of copper for durability. Dollars were over $1,900 in September 2011 and traded under $1,100 at … 1oz Bullion Krugerrand. Krugerrands have no face value but are considered to be legal tender in South Africa. South African Gold Krugerrand coins were the first bullion coins issued legal tender status, but they do not bear a face value. Reverse: Springbok bounding right divides date. The Krugerrand's actual weight is 1 1⁄11 troy ounces (34 g). Copper alloy coins are harder and more durable, so they can resist scratches and dents. £1,650.00. from £154.81 (Exempt/No VAT) Status: Out of Stock . More than one million coins were produced in 1974, and in 1978 a total of six million were produced. The Krugerrand Silver coin contains 1 troy ounce of pure 999.0 / 1000 silver and its legal tender value is 1 rand. Visitors to South Africa can export up to 15 coins by declaring the items to the South African Revenue Service. Qty in Cart: 0. [15] Between 1974 and 1985, it is estimated that 22 million gold Krugerrand coins were imported into the United States alone. The Krugerrand is one of the most popular and numerous one ounce bullion gold coins in the world and for 2017, celebrates its 50th anniversary. Private mints have also attempted minting gold and silver bullion rounds (the term coin denotes legal currency) in the style of the Krugerrand. The Krugerrand is 32.77 millimetres (1.290 in) in diameter and 2.84 millimetres (0.112 in) thick. Krugerrands have a diameter of 32.6mm, a thickness of 2.74mm, and a fineness of .9167. The Gold Krugerrand was introduced in 2017 in a premium uncirculated finish with a bullion gold version following the next year. The Krugerrand is one of the most popular and numerous one ounce bullion gold coins in the world and for 2017, celebrates its 50th anniversary. Specifications ; Composition: Gold Fineness: 0.9170 Weight: 33.9300g AGW: 1.0003oz Melt Value: $1,958.03 (1/6/2021) Diameter: 32.7mm Design; Obverse: Bust of Paul Kruger left Obverse Legend: SUID — AFRIKA • SOUTH AFRICA Reverse: Springbok walking right divides date Reverse Designer: Coert L. Steynberg Edge Description: Reeded Notes Diameter 3.2 cm. 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. (2) The premium above spot is one of the lowest available on the market. Reverse Designer: Coert L. Steynberg. The gold Krugerrand coin has been minted since 1967 by The Rand Refinery in South Africa. The name itself is a compound of Kruger (the former South-African president depicted on the obverse) and rand, the South African unit of currency. It was designed by Otto Schultz. The legend is inscribed with ", This page was last edited on 29 November 2020, at 13:13. This price includes 10 Krugerrands of One Ounce size. It contains one troy ounce of pure gold along with an alloy of 2.826 grams of copper. [24], In the 21st century, Krugerrands have received media attention in the United States after anonymous donors have left the valuable coin in the Salvation Army's annual "Christmas Kettle" donation jars in various cities around the country. Krugerrand Wikipedia. Krugerrand Online Fast Shipment Fully Insured. The market value of Krugerrand is changed based on the price of the world gold market. [9], Economic sanctions against South Africa for its policy of apartheid made the Krugerrand an illegal import in many Western countries during the 1970s and 1980s. Order Here. [4] Most sanctions ended in 1991, after the South African government took steps toward ending its apartheid policy.[10][11][12][13]. The Krugerrand is a household name and can be bought and sold in almost every country on Earth. If you want to stick with gold, due to the 1 oz gold coin value over silver bullion, we offer the South African gold Krugerrand in several sizes. at African Bullion. Each South African Krugerrand's price is the gold spot price of current market plus a premium per coin. 2020 1 oz . Bullion Krugerrands... MSRP: R309,000.00 R308,000.00. 2020 1 oz .999 South African Krugerrand Holographi . In addition to the "Premium Uncirculated" issue, 15,000 silver "Proof" krugerrands were also issued as well as "Proof" krugerrands in gold and platinum. 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.. [citation needed] On the occasion of the 50th anniversary of the coin range, fractional sizes of 1/20 and 1/50 oz were also added. Minted by the world-famous Rand Refinery of South Africa, this silver bullion Krugerrand coin is fabricated in 0.999 pure silver. The reverse depicts a springbok, the national animal of South Africa. 1 Ounce Krugerrand South Africa … Even though these coins bear no face value, they have a value based on the pure gold used to mint these coins. The gold Krugerrand coin has been minted since 1967 by The Rand Refinery in South Africa. The South African Gold Krugerrand was created in 1967 as the official bullion coin of South Africa. Capital Plastics 2X2 Holder - Krugerrand In Black. Order Here. We are the Largest Krugerrand Dealer in South Africa. Krugerrands have a diameter of 32.6mm, a thickness of 2.74mm, and a fineness of .9167. The obverse side of the coin, designed by Otto Schultz, depicts a bust of Paul Kruger, the last president of the Republic of South Africa. This 1967 1 oz. 1/10oz Bullion Krugerrand. Production levels of Krugerrands have significantly varied since its introduction. CGT Exempt: No. History of the Krugerrand. 1974 1oz Krugerrand Gold Coin. They were launched for the first time in 1967 and conquered 90% of the precious metals market by 1980. Notes; Note: 180 edge serrations for uncirculated, 220 serrations for proof From 1967 to 1969, around 40,000 coins were minted each year. Krugerrands were never assigned a face value but were designed to derive their value from the price of Gold at the time they are traded. They can be distinguished from the bullion Krugerrands by the number of serrations on the edge of the coin. Obverse Designer: Otto Schultz. Specifications ; Composition: Gold Fineness: 0.9170 Weight: 33.9300g AGW: 1.0003oz Melt Value: $1,958.03 (1/6/2021) Diameter: 32.7mm Design; Obverse: Bust of Paul Kruger left Obverse Legend: SUID — AFRIKA • SOUTH AFRICA Reverse: Springbok walking right divides date Reverse Designer: Coert L. Steynberg Edge Description: Reeded Notes 25 x One Ounce 2020 Bullion Silver Krugerrand. The South African Krugerrand gold coin has everything you want in an investment; liquidity, portability and quality. The effigy of Paul Kruger, the first President of the Zuid Afrikaansche Republiek (ZAR) is depicted on the obverse. The iconic Krugerrand, regarded by many as the coin that started modern gold coin collecting, celebrates its 50th anniversary in 2017 since it was first struck on 3 July 1967. 1/10oz Proof Krugerrand -- Gold Coin. 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. der South-African-Mint-Company geprägt und weltweit vertrieben. Reverse displays the graceful springbok antelope, iconic to the wildlife of South Africa. Design; Obverse: Bust of Paul Kruger left. Subtotal: Add to Cart. Size Specification. Edge Description: Reeded. 1/2 Oz Krugerrand R15 897.00. Gold Krugerrand has a proof finish, it was struck by the South African Mint. The name itself is a compound of Kruger (the former South-African president depicted on the obverse) and rand, the South African unit of currency. The South African Krugerrand was first minted in 1967, and just like its country of origin, it caused a stir around the globe for many years. Weight 34 grams. The remaining 8.33% of the coin's weight of ⁄11 ozt (2.828 g) is copper (an alloy known historically as crown gold which has long been used for British gold sovereigns), which gives the Krugerrand a more orange appearance than silver-alloyed gol… The mid- and late-1970s saw a bull market for gold run wild that pushed demand for the Gold Krugerrand higher than ever before, forcing the South African Mint to remove mintage caps on the coins and strike them to meet the new demand. Product Specifications. £4.00 postage. More Info. 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. Coins Non-currency - 2016 South African Gold Krugerrand Coin Replica - Coin Non-currency Chair China Coin Egypt Replica Coin Gold Coin 4 Coin Africa. 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. One Ounce Krugerrand Weight 33.930g Gold content 1.0oz or 31.103 grams Purchasing KrugerandsWe accept EFT payments for KrugerrandsFor cash payments a 2% bank deposit fee is addedNo credit cards acceptedSelling KrugerrandsWe make an immediate EFT paymentWe need to make a copy of your ID documentYou need to complete a Bi . The Krugerrand's actual weight is 1 ⁄11 troy ounces (34 g). The Gold Krugerrand Coin is made from 22 karat gold, or 91.67% in pureness. South africa gold krugerrand 1980 south africa coin value ucoin how much is a krugerrand worth gold 1 4 oz gold krugerrand south 1980 krugerrand value may 2020 south africa 1 4 oz gold krugerrand. The United States which had historically been the largest market for the coin, banned imports in 1985; the previous year, over US$600 million of Krugerrands had been marketed in that country. Melt Value: $480.20 (1/6/2021) Diameter: 22mm. 2019 | Krugerrand. The name "South Africa" and the gold content are inscribed in both Afrikaans and English (as can be seen on the pictures of the coin). You can value your Krugerrand on any given day by using our coin calculator Bullion Coin Calculator. By 1980 the Krugerrand accounted for 90% of the global gold coin market. South africa gold krugerrand 1980 1980 krugerrand gold coins may 2020 1 4 oz gold krugerrand south coin value south africa krugerrand 1 ounce krugerrand south africa numista. The gold Krugerrand was first minted in 1967 by the South African Mint, and the name 'Krugerrand' comes from the name of the president at the time; Paul 'Kruger', and the unit of currency of South Africa the 'Rand'. It is minted from gold alloy that is 91.67% pure (22 karats), so the coin contains one troy ounce (31.1035 g) of gold. [25][26][27][28], Reagan Bans Imports of S. Africa Krugerrand, "KRUGERRAND LUSTER DIM FOR LOCAL COLLECTORS", Yearbook of the United Nations, Volume 45, "Most South African Sanctions Lifted: ML&B White Paper - Morgan Lewis", "Bush Lifts a Ban on Economic Ties to South Africa", "Global Interest In Silver Investment Expands As South Africa Adds New Silver Krugerrand", "Gold Krugerrands: Buying gold coins - 17 August 2007", "Why the Krugerrand Is the King of Gold Bullion Coins", Financial surveillance and exchange controls FAQ, "Salvation Army of Tallahassee receives rare South African Krugerrand coin", "Krugerrand dropped into Salvation Army kettle", "For fifth year in a row, mystery person drops a gold coin in Salvation Army kettle", "Gold Krugerrand appears in a Salvation Army red kettle", Gold Ounce (1 oz) Krugerrand, Coin Type from South Africa, https://en.wikipedia.org/w/index.php?title=Krugerrand&oldid=991321833, Articles with unsourced statements from November 2015, Articles with unsourced statements from July 2015, Creative Commons Attribution-ShareAlike License, 1984 by Coert Steynberg - A springbok antelope with the mint date in the field. While the South African Krugerrand has been a mainstay of the gold bullion industry since the late 60s, the South African Mint had not pursued a silver bullion coin until 2018. This lends an orange tint to the coin instead of the more brilliant hue when silver is used. The Krugerrand is 32.77 millimetres (1.290 in) in diameter and 2.84 millimetres (0.112 in) thick. [6], In 2017, the Rand Refinery began minting silver versions, which have the same overall design as the gold coin. You must log into your existing account here at MoneyMetals.com -- and have an existing transaction history -- in order to sell your precious metals to us online. While the coin itself weighs 1 ounce, the 1 oz Gold South African Krugerrand is actually only 91.7% gold with the remainder metal being copper. Home; Krugerrand Prices; Stamps. Current Gold Price: $1913.10/oz . This website uses cookies to improve your experience. These bullion 1oz Krugerrands are brand new 2019 uncirculated coins, ... Krugerrands are the most popular gold bullion coin in the world and offer a great value way to invest in gold. 1 troy oz gold South African Krugerrand coins was first conceptualized in 1964 as a legal tender bullion coin marked only with its weight in gold. 1 Oz Krugerrand R31 161 .00 PRICES BELOW are indication prices only (in South African Rands) and fluctuate according to the GOLD price, R/$ exchange rate, at the time of trade and quantity of coins traded 08H00 (South African Time) 06/01/2021 and only valid until 12H00 . Buy and Sell Bullion Krugerrands with The South African Gold Coin Exchange & The Scoin Shop. Krugerrands are 22 carat gold, but weigh more than a troy ounce and therefore contain exactly 1 troy ounce of fine (24 carat) gold. Since then, the family has been extended further. Krugerrands are 22 carat gold, but weigh more than a troy ounce and therefore contain exactly 1 troy ounce of fine (24 carat) gold. The image was designed by Coert Steynberg, and was previously used on the reverse of the earlier South African five shilling coin. Each coin follows the same designs as the full one-ounce Krugerrand. The word "Krugerrand" is a registered trademark owned by Rand Refinery Limited, of Germiston. x. Since this is strictly a bullion coin, the 1 oz Gold South African Krugerrand has a value based strictly on gold spot value with a slight premium. GET A QUOTE NOW. South African gold Krugerrand 1975 33.93 g (1.09 troy oz) 22ct South African gold Krugerrand 1975 33.93 g (1.09 troy oz) 22ct gold South African 1978 1oz gold Krugerrand. The advantages of the South African Gold Krugerrand 1 oz coins are many: (1) its value moves directly with the price of gold. R 15,900.00. 1/4oz Bullion Krugerrand. Krugerrands are 22 carat gold, but weigh more than a troy ounce and therefore contain exactly 1 troy ounce of fine (24 carat) gold. Buy ten Ounces and save! Proof coins have 220 edge serrations, while bullion coins have 160. 1980 1/10 oz Solid Gold South African Krugerrand Coin. The production dropped to 23,277 coins in 1998 and then increased again, although not reaching previous levels. Simply select South Africa from the list of countries and then select 1oz Krugerrand from the list of coins, then add 1 Krugerrand to the quote. Die Münze wird seit 1967 in Südafrika von der Rand-Refinery bzw. R340.00 . Shop with confidence on eBay! The Krugerrand was a unique specimen at the time, given that it could convert into any currency and was brought into being to give the South African mint a much-needed boost. [8] That year, South Africa introduced three smaller coins with a half troy ounce, quarter ounce, and tenth ounce of gold. 1980 Krugerrand Value Thursday, 7 January 2021. From 1967 through 2016 they were only offered in gold. The value of one Gold South African Krugerrand coin is equivalent to the melt value of one troy ounce of gold, which varies minute by minute. South African Gold Krugerrand 1 Oz Best Price Ships Free. Obverse Legend: SUID-AFRIKA - SOUTH AFRICA. http://www.goldkrugerrandvalue.com/ is website that provides complete information about South African Krugerrand Value and gold price in various state. South Africa Gold Krugerrand 1980 Bullion For Online Ebay. The South African Gold Krugerrand is a Legal Tender coin issued by South Africa, weighing 33.93 grams, or 1.0909 troy ounces of 22-karat gold. 1 bid. History. or Best Offer. The coin is so named because the obverse, designed by Otto Schultz,[20] bears the face of Boer statesman Paul Kruger, four-term president of the old South African Republic. Mint / Brand: South African Mint. The commemorative issues are distinguished by a '50' privy seal mark above the springbok design on the reverse for the platinum and silver issues and to the right of the springbok design on the gold issues. Prices of Gold Krugerrands in U.S. WOULD REDUCE POSTAGE FROM Jersey WHERE POSSIBLE IF MORE THAN ONE LOT IS PURCHASED AND POSTED TOGETHER. Country: South Africa. * Design: The 1 oz South African Krugerrand Silver Coin was released for the first time in 2017. party pan plug plants available, yellow gew squash, cook them with garlic butter or in foil on the braai ,bbq #1. south african krugerrand NO DAMAGE. View Offer Add to compare From R619.37 at African Bullion. Brand New 2019 one ounce South African Krugerrand Gold coins. Der Krugerrand ist die wohl beliebteste und bekannteste Anlagegoldmünze der Welt. The issue limit for these commemorative platinum, gold and silver coins was 2,017 for platinum, 5,000 for gold and 1,000,000 for silver. Individual coins come in a protective plastic flip. 2019 | Krugerrand. Krugerrand online fast shipment fully insured 1 oz silver krugerrand value melt 1 oz gold krugerrand coins kitco 1 oz south african gold krugerrand coins money metals south african gold krugerrand 1 oz best price ships free krugerrand wikipedia. Reverse Designer: Coert Steynberg. Krugerrand 1 oz: 1,948.35 -0.12: USD per 1 Ounce 1/7/21 03:07 PM Krugerrand 1/10 oz: 167.60 0.66: CHF per 1/10 Ounce 1/7/21 11:00 AM South Africa has long been a hotbed of precious metal and gemstone mining. The South African Gold Krugerrand is a Legal Tender coin issued by South Africa, weighing 33.93 grams, or 1.0909 troy ounces of 22-karat gold. [14], During the bull market in gold of the 1970s, the gold Krugerrand quickly became the primary choice for gold investors worldwide. Coin Value South Africa Krugerrand 1980 To Date. Face value R1 (ZAR). Struck for the first time on 3 July 1967, with the aim of marketing South African gold, this legend in the coin industry was conceived when the concept of a legal tender gold coin linked to the daily gold price was introduced in South Africa. This huge success of the Krugerrand encouraged other gold-producing countries to mint and issue gold bullion coins of their own, including the Canadian Gold Maple Leaf in 1979,[16] the Australian Nugget in 1987,[16][17] the Chinese Gold Panda in 1982,[18][19] the American Gold Eagle in 1986,[16][18] and the British Britannia coin in 1987.[16]. 1980 South Africa 1 Oz Gold Krugerrand Krugerrands Apmex . Quantity: Decrease Quantity: Increase Quantity: Price: MSRP: R309,000.00 R308,000.00. 1980 krugerrand value may 2020 south africa gold krugerrand 1980 bullion for online ebay gold krugerrand 1 4 oz south african coin pacific 1980 date south africa gold 1 10 oz krugerrand littleton coin 1 4 oz gold krugerrand south african bullion coin brilliant 1980 south africa 1 oz gold krugerrand krugerrands apmex. £7.00 postage. Obverse features distinctive portrait of Paul Kruger, Republic of South Africa's first President. The name itself is a compound of Kruger (the former South-African president depicted on the obverse) and rand, the South African unit of currency. Edge Description: Reeded. You can now sell your 1 Oz South African Gold Krugerrand Coin to us, at a price of $1,907.95 each! It is minted from gold alloy that is 91.67% pure (22 karats), so the coin contains one troy ounce (31.1035 g) of gold. Republic of South Africa; … [4][5], Although gold Krugerrand coins have no face value, they are considered legal tender in South Africa by the South African Reserve Bank Act (SARBA) of 1989. [citation needed][21], The South African Mint Company produces limited edition proof Krugerrands intended to be collectors' items rather than bullion investments. Get The Best Prices. Issued and backed by the South African Reserve Bank. NB: Prices exclude shipping costs. Like its famous counterpart the Gold Krugerrand, the Silver Krugerrand features imagery of South Africa’s national symbol, the Springbok, along with a portrait of South Africa’s first president Paul Kruger. Wt. Struck for the first time on 3 July 1967, with the aim of marketing South African gold, this legend in the coin industry was conceived when the concept of a legal tender gold coin linked to the daily gold price was introduced in South Africa. The South African gold Krugerrand has long been recognized around the world as a go-to coin for bullion investors. [22][23], 2017 marked the 50th year of issuance (1967–2017) and to commemorate the anniversary, the South African Mint produced "Premium Uncirculated" versions in gold (.916 or 22 carat) and for the first time also in platinum (.999 fine) and silver (.999 fine). R549.00 . (Krugerrand Value) The Bullion Value for a 1oz Krugerrand today is £749.95. The rounds often depict Paul Kruger and a springbok antelope, some even blatantly copying the design of the Krugerrands themselves, though the inscriptions are altered. It soon became the first commemorative Gold bullion coin on the market, building the pathway for private Gold ownership. South African 1oz Ounce 1980 Gold Krugerrand 916 7. View Offer . Obverse Legend: SUID-AFRIKA - SOUTH AFRICA. Krugerrand Value Top 5 Factors That Affect It Gold And Silver. Krugerrands contain exactly 1 troy ounce (31.103 grams) of fine (24 carat) gold but weigh a total of 33.93 grams, which is more than a troy ounce. Notes; Note: 180 edge serrations for uncirculated, 220 serrations for proof The Krugerrand coins issued by South Africa are quite well-known around the world. We'll assume you're ok with this, but you can opt-out if you wish. The reasoning for this unusual decision was to express the Krugerrand’s value by linking its fine gold content, which is portrayed on the reverse of the coin, with the prevailing market price of gold. For bullion investors million coins were available from 1967 to 1969, around 40,000 coins were in... Country on Earth in 1974, and in 1978 a total of six million were produced in,! Readily available market by 1980 from 1967 through 2016 they were only offered gold... First time in 1967 and conquered 90 % of the Krugerrand 's actual weight is 1 ⁄11 troy (... 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