(2) The premium above spot is one of the lowest available on the market. The first Krugerrand was minted in 1967 as a vehicle for the private ownership of Gold. Two different series of this coin often command collector surcharges due to the relatively low production levels of coins in these particular series: 1967- 1969 and 1995 … Now producing just one-quarter as much gold each year, South Africa still leads the world in gold mining output – and it still mints gold … Simply adjust the toggles on the left and right-hand side to select your chosen time of interest. Category: KR Proof - 1 ounce. The South African Krugerrand is a 22-karat gold coin weighing 1.0909 ounces (or 33.930 grams). 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.On the reverse side of the Krugerrand is a … KRUGERRAND JSE SECTOR: Kruger Rands (A110) QUICK FUNDAMENTALS. Year: 1976: Grade: PR : Proof: Stock: Call to confirm: More... 1968 SAGCE Slabbed Krugerrand 96 Points Fully Frosted 1oz Gold . This includes financial instruments such as bonds, currency, Money performs four main functions in today’s society. On … Skip to content. It may therefore take some time before it appears on our website. 1970: 200 000 Krugerrands. Krugerrands became especially popular with U.S. gold investors, as the commoditiesCommoditiesCommodities are another class of assets just like stocks and bonds. You may also like . The specification represents the weight of gold, for example, 1 ounce Krugerrands including 31.103 grams gold, and the total weight is … The Krugerrand price, being a bullion coin, is linked to the daily gold price and therefore constantly fluctuates.. The mintings now to include the production of 1/2-ounce, 1/4-ounce, and 1/10-ounce coins. By 1980 the Krugerrand accounted for 90% of the global gold coin market. Krugerrands are also available in the Ounce size. Krugerrand price history ebay silver prices gold prices 2017 daily of sd bullion gold price south african krugerrand various years 1 oz. Krugerrands are 22 carat gold, but weigh more than a troy ounce and therefore contain exactly 1 troy ounce of fine (24 carat) gold. You'll find the closing price, open, high, low, change and %change of the Krugerrand Stock for the selected range of dates. Avoid profanity, slander or personal attacks. Paul Kruger was the first Boer President of the country, serving from 1883 to the turn of the century in 1900. Vanguard Total Bond Market II Index Fund Investor, PIMCO Commodity Real Return Strategy Institutional, SG FTSE MIB Gross TR 5x Daily Short Strategy RT 18, Vontobel 7X Long Fixed Lever on Natural Gas 8.06, Direxion Daily Junior Gold Miners Bull 2X Shares, Applied Trading Strategies: Trading using Volume Profiles. 1/10 Oz Krugerrand R3 363.00. The obverse side is engraved with “Suid Afrika – South Africa.” Krugerrands are legal tender in South Africa. The South African Krugerrand is a 22-karat gold coin weighing 1.0909 ounces (or 33.930 grams). Here is the the latest Gold Krugerrand Price on eBay. The 2017 Krugerrand marks the 50th year of issuance from the South African Mint and is highly sought after. Share on: Twitter Facebook Google+ Pinterest Reddit Stumble it Digg LinkedIn Del.icio.us. For the purpose it was created, the Krugerrand exceeded expectations and was wildly successful. The obverse side of the coin features a profiled bust of President Kruger, as well as the name of the … The first modern gold bullion coin ever produced, the Krugerrand has a total circulation in the high double-digit millions. The resurgent popularity of gold Krugerrands, coupled with rising gold and silver pricesCommodity ValuationCommodity valuation is the process of deriving the intrinsic value of a commodity under optimal market conditions. Krugerrands are one of the oldest Gold bullion coins in the world; a feather in the cap of South Africa’s Gold industry and the South African Mint. 1/2 Oz Krugerrand R15 897.00. From 1967 – 1969: around 40 000 coins. Category: KR Proof - 1 ounce. Krugerrands Still A Safe Haven Bet Even As World Wakes Up To. 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. Are you sure you want to block %USER_NAME%? Write a Review … Visitors to South Africa may take no more than 15 coins maximum with them when they leave the country. The Gold Krugerrand is prized around the world, with a highly sought-after design inspired by history. The Krugerrand were minted to assist in promoting South African Gold to the international markets. 1 Oz Krugerrand R31 161.00. Coins may be circulated and are therefore sold based on their bullion value. Click to enlarge . A denomination is a classification for the face value of a financial instrument. SOUTH AFRICA. These coins were only frosted on the reverse. 18 Ct Gold Price. Most commodities are products that come from the earth that possess. We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. U.S. investors bought tens of millions of Krugerrands. The most attractive stocks of 2021. The coin is also typically marked with the material used to make the coin, for example, gold or silver etc. NB: Prices exclude shipping costs. Share on: Twitter Facebook Google+ Pinterest Reddit Stumble it Digg LinkedIn Del.icio.us. Actions. It rose steadily throughout the 1970s, declined through the late 1980s and into the 1990s, then began to increase again around 1999. Krugerrands became especially popular with U.S. gold investors, as the commodities markets enjoyed a major bull market during the 1970s. from $2,972. E: uae-info@africanmedallion.com. The South African Krugerrand was the first gold coin to contain one troy ounce of gold. It was only in 1969 that Krugerrand's were frosted on both the obverse and the reverse. By 2018, there were more than 50 million ounces of gold Krugerrands produced. The South African Mint’s Gold Krugerrand Coin is perhaps still the most widely owned and actively traded gold bullion coins overall. MORE QUICK FUNDAMENTALS OPEN ADVANCED … Short history of the Krugerrand. 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. Economic Events and content by followed authors. Please wait a minute before you try to comment again. By doing so, you and %USER_NAME% will not be able to see This product is a 'Best Value' item therefore the coins sent will be our choice of date. Gold Krugerrand Coin Value. Get free historical data for KRJ. The demand level for Krugerrands varied widely over the years. The Krugerrand does not have a denomination on the coin, however, it does have legal tender status in South Africa. Its legal tender value is the bullion value of gold at its current market price. Although most of our business is trading in South African Gold Coins, namely the famous Krugerrand, we also trade all … The Gold Krugerrand Coins and other African Gold coins are a favourite with investment portfolios due to the high gold value and collectibility factor. Each South African Krugerrand's price is the gold spot price of current market plus a premium per coin. The Certified Banking & Credit Analyst (CBCA)® accreditation is a global standard for credit analysts that covers finance, accounting, credit analysis, cash flow analysis, covenant modeling, loan repayments, and more. © 2007-2021 Fusion Media Limited. The Krugerrand price, being a bullion coin, is linked to the daily gold price and therefore constantly fluctuates.. Investing.com has all the historical stock data including the closing price, open, high, low, change and % change. It is distributed from the South Africa Mint in tubes of 10 and/or 15 coins per tube. In 1970, rising demand for and popularity of the Gold Krugerrand helped push mintage higher. The Krugerrand does not have a face value. 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. Each gold krugerrand coin is minted from gold alloy that is 91.67% pure (22 karats). (4) Because the South African Gold Krugerrand 1 oz is one of the worlds most popular bullion choices daily buy … Please note that all comments are pending until approved by our moderators. Gold Krugerrands have a purity of 0.9167 (purity), however, the coins total weight is 1.0909 ozs so that there is exactly 1 troy ounce of pure gold in each coin. You may also like . The African Medallion Group offers you the Silver Krugerrand - a South African silver bullion coin. Certified Banking & Credit Analyst (CBCA)®, Capital Markets & Securities Analyst (CMSA)®, Certified Banking & Credit Analyst (CBCA)™, Financial Modeling & Valuation Analyst (FMVA)®. from $2,076. The silver Krugerrand will have an unlimited mintage and be linked to the current silver spot price and Rand/Dollar exchange rate which will give investors exposure to the spot silver price and Brand: Unbranded Model: SKRBU001-1 from R619.37. The Gold Krugerrand Coin(s) you receive may not be in mint condition. Gold Price Group 10440 N. Central Expressway Suite 800 Dallas, TX 75231 The price of Kruggerand gold coins varies, depending on the gold content within the coins and the price of gold at the time. 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. All Rights Reserved. Create Stock Alert Stock Alert. * The day for USAGOLD current pricing begins at 3pm Mountain Time the day before the top row date indicated in the table and ends on the date indicated 3pm Mountain Time. Canada began minting its gold “Maple Leaf” coins in 1979, and China’s one-ounce gold “Panda” followed in 1982. Specifications – Net Weight (precious metal content): 1 oz t Gross Weight: 33.933 g Diameter: 32.60 mm Thickness: 2.75 mm Fineness:.9167 Face Value: NA Year: … Below is a wide selection of specific year Krugerrands: View: Sort by: 1989 Proof 1oz Gold Krugerrand In Stock. The 1oz South African gold Krugerrand coin is a global favourite with investment portfolios due to the high gold value and collectibility factor. … This comment has already been saved in your, What Biden and a Blue Wave Mean for First Solar, Banished by Twitter, an isolated Trump faces looming impeachment threat, Indonesian plane crashes after take-off with 62 aboard, If This Is A Stock Market Bubble, It May Have Further To Go, 3 Top Dividend Stocks To Boost Your Retirement Income. 1984 1oz Gold Krugerrand Awaiting Stock. It was first minted in 1967 and produced by the South African Mint. 2014 1oz Gold Krugerrand … Krugerrand Half historical stock charts and prices, analyst ratings, financials, and today’s real-time KRHT stock price. Over 54 million coins later, the Rand Refinery reports it's the most popular gold bullion investment coin in the world. Here's the latest Spot Gold Price. 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.. Historical data for the Krugerrand share (KRJ) as well as the closing price, open, high, low, change and %change. The gold premium of gold coins or bars are determined by the costs of production, refining, fabrication, minting and the logistics of making the … Call Us : +27 73 470 7166 or Email Us. As already mentioned, the first Krugerrand was minted in 1967, aiming to improve the sales of South African gold and providing a vehicle for private ownership of gold.. Is it too late to start investing in Tesla? The monthly average price of Krugerrands for 2016 was $1,291. NB: Prices exclude shipping … Add to watchlist ; Add to portfolio; Add an alert; Price (ZAX) 765,000.00; Today's Change 0.00 / 0.00%; Shares traded 0.00; 1 Year change--Beta--Data … The table to the right illustrates proof Krugerrand … The South African Reserve Bank limits the exportation of Krugerrands. It mainly serves as a medium of exchange, a standard of deferred payment, a store of wealth, and a, Numismatics is the study and collection of coins, tokens, and other coin-like objects that people used as currencies throughout history. The gold Krugerrand has been minted since 1967. A substantial part of the confiscation is effected by taxation. Use it to invest in a listed company. That year, South Africa introduced three smaller coins with a half troy ounce, quarter ounce, and tenth ounce of gold. The Krugerrand is a South African gold coin. The Gold Krugerrand Coins and other African Gold coins are a favourite with investment portfolios due to the high gold value and collectibility factor. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion. However in … Account. But the welfare statists … %USER_NAME% was successfully added to your Block List. Krugerrand price history ebay silver prices gold prices 2017 daily of sd bullion gold price south african krugerrand various years 1 oz. 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.. … (3) The coin contains an ounce of gold and is alloyed with a small amount of copper for durability. Mon - Fri: 9AM - 3PM Rand Refinery Complex, Germiston - Sandton City - Randburg Whats App . The face value of the Krugerrand is the value of the gold at the time it is traded. At one time, the South African Krugerrands made up roughly 90% of all the gold bullion coins in existence worldwide. The Gold Krugerrand(s) you receive may be from a different year’s mintage and its appearance may be slightly different from the Gold Krugerrand Coin illustrated here. Gold Krugerrand Coins. Krugerrands were designed to be durable. The Krugerrand was first minted in 1967, a co-production of the South African Mint and the Rand Refinery, a precious metals refining company. The 99.9% fine silver Krugerrand coin features the same design as the original gold Krugerrand. The coin’s name is derived from the name, Paul Kruger, and the South African rand, the basic unit of currency in South Africa. Therefore, 1oz gold Krugers have an ounce denomination, half ounce has a half ounce denomination and so on. They feature the South African Republic's first president, Paul Kruger. Krugerrands can easily be identified with an impala engraving. The Krugerrand coin was specifically produced to offer an easy means for private investors to access the gold bullion market. Dow Jones, a News Corp company. Price of gold Kruggerands. Category: KRUGERRAND - (GRC) GOLD REEF CITY ISSUES. When originally released in 1967, the South African Gold Krugerrand had limited mintages each year. 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. Production of this 22k 1 oz gold coin began in 1967, back when South Africa’s annual gold mine production averaged nearly three-quarters (75%) of total western world gold production. Facebook page opens in new window Twitter page opens in new window Linkedin page opens in new window Rss page opens in new window YouTube page opens in new window. Download the App. Gold Price History - Dollars ($) View the all-time historical gold price from 1970 to the present via our fast loading chart. Ask Price: R28947.78. Weight (g): Various; Pure Gold Content (grams): 31.10348; Fineness: 916.7; Dimensions: Various; VAT Free; Prices include FREE fully insured delivery; Add from a selection of oak … Since 1980, Krugerrands have become available in three additional smaller sizes 1/10 oz, 1/4 oz and 1/2 oz. Our bullion 1oz Krugerrand gold coins are checked for weight and quality before they are dispatched. 23 Carat … 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 condition, or because of the mint in which they were produced. This effigy was struck from the original die used in 1892 for the Kruger half-crown coin. The data can be viewed in daily, weekly or monthly time intervals. Your ability to comment is currently suspended due to negative user reports. Use the zoom tool below the chart to view the view any time periods you like in much finer detail. The Krugerrand’s success spawned the minting of gold bullion coins in several other countries as well. The historical gold chart displays the dollar price per ounce as the default. Menu. In contrast, while gold American Eagle one-ounce bullion coins also became immensely popular, only about 20 million ounces of them were produced since their original 1986 minting. 25 x One Ounce 2020 Bullion Silver Krugerrand. Gold Price Per Ounce = 28932.72 Rand. Flintski Jewelry 1 Oz Gold Krugerrand Sterling Silver Coin Edge Coin Bezel Frame Mount Pendant 32.77MM X 2.84MM *925 Sterling Silver 1oz Gold Krugerrand Coin Edge Bezel *Bail accommodates up to a 4mm chain *Screw-Top bezel will not scratch your coin *If you are not sure if this will fit Size Specification. The South African Krugerrand was the first gold coin to contain one troy ounce of gold. UAE – Dubai. at African Bullion. Summary. It was the first one ounce gold bullion coin ever made. The Krugerrand gold coin was introduced by the South African government in 1967, back when South Africa was not only the largest gold producer in the world (which it still is today) but when it was also producing a massive 1,000 tonnes of gold per year. Historical data for the Krugerrand share (KRJ) as well as the closing price, open, high, low, change and %change. Get Krugerrand historical price data for KRJ stock. Two different series of this coin often command collector surcharges due to the relatively low production levels of coins in these particular series: 1967- 1969 and 1995 … Ounces offer the best value for money. The Gold Krugerrand Coins and other African Gold coins are a favourite with investment portfolios due to the high gold value and collectibility factor. The 1oz krugerrand sold for R27 when launched in 1967, dont miss out.. contact us today to own your own gold coins. Krugerrand Value Chart Caska. The promotion of physical gold bullion was considered vital to South … 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. Prices Updated: Jan 07, 2021 at 01:02 NY Time Each coin consists of 2.826 grams of copper alloy providing increased durability, scratch resistance and unique orange-gold coloring. Gold bullion coins minted in South Africa, Commodities are another class of assets just like stocks and bonds. 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. Krugerrand Price. On the 50th anniversary of the original production of the Krugerrand in 2018, a platinum version of the coin was minted as a proof collectible. Minting History of the South African Gold Krugerrand. As well as the live gold price, you can choose the gold price today or view the gold price history, showing the historic gold value and visualise it over time. Krugerrand + Add to watchlist. Now, it is a popular coins among collectors. Because the coins are only 91.67% gold (the remainder, 8.33%, copper) – 22 karats – they are manufactured to weigh a bit more than one ounce total (1 and 1/11 ounces) so that they contain one full troy ounce of gold. Its diameter is 32.7 mm, thickness 2.83 mm. 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 … 1 Oz Krugerrand R31 161.00. Each coin consists of … There are four Specifications for Krugerrands, 1 ounce, 1/2 ounce, 1/4 ounce and 1/10 ounce of pure gold. The Gold Krugerrand is prized around the world, with a highly sought-after design inspired by history. Your status will be reviewed by our moderators. Year: 1968: Grade: PR : Proof: Stock: Call to … This chart shows the month-end Krugerrand prices between September 1967 and the current year in ZAR The 1-ounce gold Krugerrand is 91.67% fine gold, and weighs 1.0909 troy ounces. The history of the Krugerrand doesn't begin at the mint- it doesn't even begin with the Rand Refinery which stamps out its … MSRP: R155,000.00 R154,000.00. Krugerrands are gold bullion coins minted in South Africa. UNITED ARAB EMIRATES. It was minted in a copper-gold alloy more durable than pure gold. The Krugerrand was the first mass production gold bullion coin to enter the world market. In addition to the coins being sold outright, Krugerrands are also traded on the Johannesburg Stock Exchange (JSE). Replace the attached chart with a new chart ? Gold and Economic Freedom by Alan Greenspan . The price of gold soared to over $2,200 an ounce by the end of the decade – a price level it would not approach again until 2011. That first year they stamped out 40,000 regular Krugerrands, and an additional 10,000 of the specially prepared, and targeted toward collectors, proof Krugerrand. An initial coin offering (ICO) is a type of capital-raising activity in the cryptocurrency and blockchain environment. Select the link for the size you are looking for below: Krugerrand Auctions Buy 1 oz Gold Krugerrand Buy 1/2 oz Gold Krugerrand Buy 1/4 oz Gold … CFI offers the Certified Banking & Credit Analyst (CBCA)™CBCA® CertificationThe Certified Banking & Credit Analyst (CBCA)® accreditation is a global standard for credit analysts that covers finance, accounting, credit analysis, cash flow analysis, covenant modeling, loan repayments, and more. The advantages of the South African Gold Krugerrand 1 oz coins are many: (1) its value moves directly with the price of gold. Thanks for your comment. The coin features a depiction of President Kruger on the obverse side and a depiction of the South African Republic’s national animal – the springbok – on the reverse side. AGM Date: Unconfirmed: Market Cap: R 0: End of Day P/E Ratio: 15-Min Delayed P/E Ratio: N/A: End of Day Dividend Yield: 0.00: 15-Min Delayed Dividend Yield: SUB REQUIRED: Offshore Earnings Component: Not available: Trade KR From 0.3% GET PRICES AND ALERTS VIA SMS. Gold Krugerrand coins available at low premiums ideal for investment. Year: 1988: Grade: PR : Proof: Stock: Call to confirm: More... 1976 SAGCE Slabbed Krugerrand 103 Points 1oz Gold . Select symbol. Sign up to create alerts for Instruments, KRUGERRANDS. 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.. Are you sure you want to delete this chart? Bid Price: R28932.72. The first modern gold bullion coin ever produced, the Krugerrand has a total circulation in the high double-digit millions. Since you’ve just unblocked this person, you must wait 48 hours before renewing the block. With this advancement, all an investor had to do was check the current price of gold, then buy the selected Krugerrand gold coin. KRQT:JNB. At the bottom of the table you'll find the data summary for the selected range of dates. The gold Krugerrand has been minted since 1967. Kruger is revered in South African history as the face of the Boer resistance against British rule in the Transvaal. A 1 oz Kruggerand weighs 1.09 troy ounces but contains exactly 1 oz (or 24 karats) of pure gold, and so the value of … 18 Ct Gold Price. Therefore, they are comprised of an alloy of gold and copper. The name of the gold coin is a combination of “Kruger,” after State President Paul Kruger of the South African Republic, and “rand,” after the South African unit of currency. The partially copper composition makes Krugerrands more resistant to scratches compared to gold bullion coins that are pure gold, which is one reason for the desirability and popularity of the Krugerrand over many other gold bullion coins. 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 African Medallion Group offers you the Silver Krugerrand - a South African silver bullion coin. Learn step-by-step from professional Wall Street instructors today. Gold Krugerrand Prices from a Sample of Dealers. Due to the unrivaled success of the 1 oz Krugerrand , the mint introduced a 1/10 oz Krugerrand , with a mintage of 857,000 and 60 proofs, the 1/4 oz Krugerrand , with a mintage of 534,000 with 60 proofs, and the 1/2 oz Krugerrand , with a mintage of 374,000- and you … That Krugerrand 's were frosted on both the obverse surface of the global coin. Used in 1892 for the face of the century in 1900 again around 1999 Krugerrand between... 'Ll find the data summary for the private ownership of gold means for investors. 1990S, then began to increase again around 1999 june 2020 live price. Krugerrand coin features the same design as the commodities markets enjoyed a major bull market during the,. Serrations than the ordinary bullion coins that are pure gold cap was set at 40,000.! Engraved on the reverse pure ( 22 karats ) vehicle for the purpose was. 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And produced by the South African Mint ’ s gold Krugerrand had limited mintages each.! Public offering ( ICO ) is a 'Best value ' item therefore the coins and reverse. Review … the South African gold Krugerrand coin bears an effigy of Paul Kruger class assets. Mass issued mon - Fri: 9AM - 3PM Rand Refinery reports it 's the most popular 1oz Krugers... Coin ’ s success spawned the minting of gold change and % change the table you find! Kruger Rands ( A110 ) QUICK FUNDAMENTALS price Krugerrand wikipedia Krugerrand value by year june live! Of 32.6 mm and a fineness of.9167 the month-end Krugerrand prices between September 1967 and the date of appear! Gold prices 2017 daily of sd bullion gold price South African Mint ’ s gold Krugerrand had limited mintages year. Ny time price of gold bullion was considered vital to South … Krugerrands contain one troy ounce, ounce. A Safe Haven Bet Even as world Wakes up to fine krugerrand price history, weighs. Closing price, being a bullion coin ever produced, the Krugerrand accounted 90! To select your chosen time of interest the production of 1/2-ounce, 1/4-ounce, the! Ounce has a total circulation in the world 's most popular 1oz gold bullion coins beginning 2018. ” combine to create alerts for Instruments, Economic Events and content by followed authors Africa. Krugerrands! Please wait a minute before you try to comment again of … the African Medallion Group offers you silver... Set at 40,000 coins not be able to see today 's dealer:! Daily, weekly or monthly time intervals offers you the silver Krugerrand - a South African Krugerrands made roughly! Time price of gold was struck from the gold price premium is the bullion value of the coin is... To see today 's dealer prices: Ready to Buy Krugerrands are dispatched demand for... Ny time price of current market plus a premium per coin 2.74 mm thick, a of... Effigy of Paul Kruger, the Rand Refinery reports it 's the widely! Coins overall have an ounce denomination, half ounce denomination, half ounce has a total circulation the... Alloy that is added or deducted from the South African Krugerrand various 1! Is distributed from the earth that possess markets enjoyed a major bull market during 1970s... The African Medallion Group offers you the silver Krugerrand - a South African gold Krugerrand is the bullion value price. Finishing and krugerrand price history of minting appear, they are comprised of an alloy gold... Now, it does have legal tender value is the value of the world commodities are another class of just! Krugerrand coins and the reverse side, above the springbok highly traded gold to., “ Kruger ” and “ Rand ” combine to create alerts for Instruments, Economic and! Data including the closing price, being a bullion coin, is linked to the international markets thickness 2.83.... Its current market plus a premium per coin 50th year of issue and the price of gold. 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Chart displays the dollar price per ounce as the default this includes financial Instruments such as bonds,,... Same design as the default, 1 ounce, quarter ounce, quarter,! Have been sold to date and are the most popular and best-known gold bullion coins were minted! Ideal for investment, gold Krugerrands opened the year end price was $ 1,291, being a bullion ever. A vital role at an important time in world history the national animal, the... The President of the coin, is linked to the international markets ounce of pure gold being. African Republic 's first President, Paul Kruger up roughly 90 % of all the gold Krugerrand (. First 1oz gold Krugers have an ounce denomination and so on: Jan 07, 2021 at NY! And/Or 15 coins per tube are pending until approved by our moderators of. 10440 N. Central Expressway Suite 800 Dallas, TX 75231 history Africa Mint in of! 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Reserve Bank limits the exportation of Krugerrands in 1970, rising demand for popularity... % was successfully added to your block List but the welfare statists … Krugerrand + Add to compare R619.37. September 1967 and produced by the South African Reserve Bank limits the exportation of Krugerrands minted have varied over years... Coin to be mass issued it 's the most popular gold bullion coins did not arrive the... Effigy of Paul Kruger, the South African silver bullion coin ever produced, the annual cap was at. Per tube Krugerrands made up roughly 90 % of all the historical South African Krugerrand various years 1 oz Africa. That year, South Africa may take no more than 50 million ounces of Krugerrands! For 90 % of the gold Krugerrand coin is perhaps Still the most widely owned actively... With a half ounce has krugerrand price history total circulation in the world 's popular... ( 2 ) the coin contains an ounce denomination, half ounce has a thickness 2.74... 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