Krugerrands are 22 carat gold, but weigh more than a troy ounce and therefore contain exactly 1 troy ounce of fine (24 carat) gold. Using the price of gold in early 2018, around $1,330 per ounce, plus a typical $25 per coin premium charged by dealers to cover mint costs and a profit margin, ¼ oz Krugerrand gold coins would be valued at around the $357. Alternatively, for brand new coins see new 2019 krugerrand. 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. item 1 1976 South Africa Gold Krugerrand 1oz Coin In 14kt Bezel 1 - 1976 South Africa Gold Krugerrand 1oz Coin In 14kt Bezel. You just need to look at the gold spot price per oz to get an idea of its price on re-sell. The Krugerrand is one of the most popular gold bullion coins in the world, having accounted for around 90% of the global gold coin by 1980. Diameter 3.2 cm. This coin is synonymous with quality and reliability. Krugerrands are the most popular gold bullion coin in the world and offer a great value way to invest in gold. Among the one ounce gold bullion coins, the krugerrand carries the lowest premium over spot. Quantity: Decrease Quantity: Increase Quantity: Price: MSRP: R155,000.00 R154,000.00. Description: Condition: New. Krugerrands are 22 carat gold, but weigh more than a troy ounce and therefore contain exactly 1 troy ounce of fine (24 carat) gold. Our bullion 1oz Krugerrand gold coins are checked for weight and quality before they are dispatched. 500 x Silver … 24 … Coins may be circulated and are therefore sold based on their bullion value. This lends an orange tint to the coin instead of the more brilliant hue when silver is used. Qty in Cart: 0. Shipping and handling . It was first minted on 3 July 1967 and with that, it came to existence in a time, when the price of noble metal was skyrocketing. Alternatively, please see our best value Krugerrands here. South Africa - Krugerrand 1978 - 1 oz - Gold UNC (Uncirculated) Country South Africa Type Non circulating coin Years 1967-2017 Value 1 Krugerrand (1) Metal Gold (.917) Weight 33.93 g Diameter 32.7 mm Thickness 2.85 mm Shape Round Will be shipped by registered post South Africa had the inspired idea to mint their own gold coin, the Krugerrand gold coin which contained exactly one troy ounce of gold, in order to boost their gold market. Our bullion 1oz Krugerrand gold coins are checked for weight and quality before they are dispatched. The Krugerrand Gold Coin first introduced in 1967, making them the most popular gold bullion coin in the world. Image: Front (Face) Back (Springbok) 14 DAY 100% SATISFACTION GUARANTEE. Each coin is 22 karat gold and contain 1 full Troy ounce of fine (24k) gold. In the US, though, American Gold Eagles are the most popular and carry a slightly higher premium than Krugerrands. Ounces offer the best value for money. The current price per unit of weight and currency will be displayed on the right. 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.. Share on: Twitter Facebook Google+ Pinterest Reddit Stumble it Digg LinkedIn Del.icio.us. The worth of a ¼ oz South African Gold Krugerrand is closely tied to the worth of the gold it contains. 1oz Proof Krugerrand Gold Coin. Click here for specific date coins. The figure has been lower in recent years as many other countries are now competing in the one-ounce gold coin market, but the 1oz Gold Krugerrand is still one of the World's most traded gold coins. Over forty years ago the South African government had an idea to sell gold bullion to the international community. Proof Krugerrand from the year 1978. Krugerrands are the most popular gold bullion coin in the world and offer a great value way to invest in gold. Krugerrands are 22 karat gold, but weigh more than a troy ounce and therefore contain exactly 1 troy ounce of fine (24 karat) gold. Krugerrand from the year 1978. At the time, the concept of minting a coin with the weight of an investment unit, namely the ounce, was new and innovative. Add some age to your collection with the purchase of a 1 oz 1978 Krugerrand gold coin … So the majority of a Krugerrand's value comes from the gold bullion content. When the fractal krugerrands (1/2 oz, 1/4 oz, 1/10 oz) were introduced in 1980, they continued with marking the weight on the coin rather than the value. From its inception in 1967, the 1 oz gold krugerrand was intended as a way to invest in gold. For the purpose it was created, the Krugerrand exceeded expectations and was wildly successful. Weight: .5 Grams . Seller assumes all responsibility for this listing. Random dates from 1967 - 2020. What is a Krugerrand coin? South African Gold Krugerrand coins were the first bullion coins issued legal tender status, but they do not bear a face value. Weight: 33.93 g Diameter: 32.7 mm Thickness: 2.85 mm The images provide a good impression of the gold coin. The value of a Krugerrand is based upon its gold content plus a premium. 3. Krugerrand 1978 - Gold Description South Africa - 1 Oz. If you wish to select a currency other than USD for the Silver holdings calculator. The Krugerrand is one of the most popular gold bullion coins in the world, having accounted for around 90% of the global gold coin by 1980. Krugerrands are 22 carat gold, but weigh more than a troy ounce and therefore contain exactly 1 troy ounce of fine (24 carat) gold. South African 1978 1oz gold Krugerrand. + FREE DOOR TO DOOR COURIER Item Type: Krugerrand Bullion Gold coin Ships... MSRP: R155,000.00 R154,000.00. NOTE: You must select a currency for gold first, even if you don't enter a value for gold holdings. Alternatively, please see our best value Krugerrands here. The Krugerrand is the oldest bullion coin. Overall Krugerrand value also depends on the gold dealers’ premiums. Gold Krugerrands are designed to be durable and are therefore .9170, or 91.7% gold, with the remainder being copper. The Krugerrand gold coin a model for other bullion gold coins. 1978 Krugerrand Mini Gold Coin. As a gold bullion coin, South African gold Krugerrands are as good an investment as any other form of gold coin. 8,500 proof coins were issued in this year. Alternatively, please see our best value Krugerrands here. R 101,000.00 Krugerrand Silver Coin Monster Box 1oz. The Current Value for the amount entered is shown. Edition: Commemorative Mini Replica Collectable. Composition and Design. As the buyer, you should be aware of possible: - delays from customs inspection. The Krugerrand coin was specifically produced to offer an easy means for private investors to access the gold bullion market. $2,500.00 +$25.00 shipping. Gold krugerrand are backed by the South African government for their purity, gold content and weight. Our jewellery experts at Post My Gold give their definitive guide to the different types of Krugerrand coins, how much they are worth and how to get the best price when selling your Krugerrand online. Dimensions: Diameter: 32.77 mm. Size: 10mm (3/8") in diameter. When it was conceived, in 1967, the Krugerrand was not intended to be legal tender; it was considered just a bullion gold coin, destined to investments. item 2 1976 KRUGERRAND 1-OZ GEM PROOF ORIGINAL BOX 2 - 1976 KRUGERRAND 1-OZ GEM PROOF ORIGINAL BOX. Sellers declare the item's customs value and must comply with customs declaration laws. 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