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Coins Value for South Africa. Price Guide for Coins from South Africa with the guiding value of all the years and grades. Country: Value: First standard coinage. 1 Penny (1892-1898) 3 Pence (1892-1897) 6 Pence (1892-1897) 1 Shilling (1892-1897) 2 Shillings (1892-1897) 2.5 Shillings (1892-1897) Second standard coinage. 1/4 Penny (1937-1947)
- The Krugerrand History
- The Design
- The South African Mint
- The South African Krugerrands Series
- How to Determine Krugerrand Value
- South African Gold Krugerrand Price Charts
- Advantages and Disadvantages of Krugerrands
- Frequently Asked Questions About Krugerrand Coins
The first strike of Gold Krugerrand coins happened on July 3, 1967. The South African government aimed to explore the natural abundance of gold ores in the many South African mines and promote private ownership of the precious metal. In 1980, the Gold Krugerrand coin represented 90% of the gold coinsavailable in the global gold coin market, but, de...
The gold bullion coins feature the same national symbols stamped on their first release in 1967. The elements depicted represent the nation's pride, patriotism, and freedom.
South African Mint Base of Operations. Source The history of gold mining in South Africa precedes the foundation of its first official mint, which dates back to 1890 in Pretoria. Kruger was the South African Republic president. He established the first national mint in 1886 to explore the abundant natural sources, produce richness, and meet the int...
Krugerrand Gold Coins
The One Ounce Krugerrand Gold coin measures 32.77 mm in diameter, 2.84 mm thick, and has a gross weight of 33.93 grams. The fractional sizes of the iconic Gold Krugerrand arrived in 1980. The 1/2 oz, the 1/4 oz, and the 1/10 oz coins seemed more popular among investors who could not afford the gold price in a whole troy-ounce coin or those who appreciated the idea of making Gold Krugerrands a collection by acquiring all the versions. The standard bullion finish and the original design have ac...
Proof Krugerrands
The Proof Krugerrand coin differs from regular bullion coins for its mirror-like appearance. While the design imprinted in the South African Krugerrand gets a higher relief, the specific polishment applied to the coin's background provides a 3-D and shiny luster. Struck in limited numbers, Proof Krugerrand coins also differ from their bullion versions because of the number of serrations on the coin's edges. Bullion coins have 160 serrations and proof ones 220. The SA Mint produced fewer proof...
The 50th Anniversary Edition
The South African Mint celebrated the 50th Anniversary of the Gold Krugerrand in 2017 with an unprecedented edition of the Premium Uncirculated South African Krugerrand. Gold Krugerrands got a 22k commemorative limited edition. All the Gold modern bullion coins are 91.67% pure gold. For the first time, the Mint included two other metal-based products containing 99.9% purity levels: the 1 oz Platinum Krugerrands and the 1 oz Silver Krugerrand. Both options of the coin feature the same design e...
Krugerrands are made of noble metals in Bullion, Proof, or Premium Versions. The finish type used to enhance surfaces impacts the product price, along with its graded condition, rarity, and collectibility considerations. However, the determining factor of a coin's value is its metal content. Institutions like the LBMA - London Bullion Market Associ...
Below, you will find a price chart for Gold Krugerrands, including the 1 Troy oz version, fractional sizes, and proof coins. All information is extracted from NGC Coin Explorer. Please note complete mintage information from the Rand Refinery and South African Mint are not currently available beyond 2013. Denomination: Krugerrand *Melt Value - may v...
The acquisition of physical bullion may be a sensible option for investment funds in a diversified portfolio. Bullion tends to remain less prone to devaluation in times of market turmoil than commodities that depend on fiat currency variations. Due to its intrinsic nature, it tends to keep its value over the years, which may be an exciting way to p...
What is a Krugerrand?
Krugerrand was the first 1 oz gold coin minted in the world. Produced for the first time in 1967 in South Africa, they arrived in the market as a private investment. Currently made in gold, silver, and platinum with a high concentration of metal content in each version, in varied sizes, including fractions, they have legal tender status guaranteed by the Republic of South Africa.
How much is a Krugerrand worth?
Bullion value usually depends on their metal content and weight. Troy ounce (oz) is the unit of measurement commonly used to weigh bullion coins, and the precious metal's spot price determines how much one troy ounce is worth. For instance, 1 oz Gold Krugerrand is worth at least 1 oz or approximately 31,1 grams of gold.
What impacts the valuation of Krugerrands?
Some factors influence the assessment of a particular coin to establish its value. Some are condition, weight, collectibility, rarity, and metal content. Since coins are initially valued because of their nature as precious metals, a drastic variation in the metals' spot price, which is not often, may affect a coin's value.
People also ask
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When was the Rand introduced in South Africa?
South African Republic coins catalog with values . Previous - coins of South African Republic 1961-1990. Republic of South Africa (since 1961) South African Rand=100 cents 5 rand 1994 (1994, 1995) nickel plated copper 5 RAND SOUTH AFRICA SUID-AFRIKA / 1994 Value - 1-2 USD . 5 rand 1996 (1996-2000) nickel plated copper 5 RAND ININGIZIMU AFRIKA ...
South Africa: Period: Republic (1961-date) Type: Non-circulating coin Years: 1970-1990 : Value: 1 Rand 1 ZAR = USD 0.05 Currency: Rand (1961-date) Composition: Silver (.800) Weight: 15.0 g: Diameter: 32.7 mm: Thickness: 2.25 mm: Shape: Round: Technique: Milled: Orientation
South Africa: Currency: Rand: Coin Type: One Rand, Gold: Issued: 1980: Portrait: Jan van Riebeeck (facing) Face Value: 1 (x Rand) Circulation Mintage: 14,000: Total Mintage: 32,000: Current: Yes: Material: 0.917 Gold: Designer: Coert Laurens Steynberg, Willie Myburg: Technology: Milled (machine-made) Shape: Round: Orientation: Medal Alignment ...
- One Rand, Gold
- Rand
- South Africa
- 1980
The rand was introduced in the then Union of South Africa on 14 February 1961, shortly before the establishment of the Republic on 31 May 1961. The rand replaced the pound with a decimal currency: 100 cents (100c) = 1 rand (R1), 1 rand being valued at 10 shillings and 1 cent at 1.2 pence. The coins bore the forward-facing portrait of Jan van ...
Xe Currency Converter. Amount. 1.00$ From. USD – US Dollar. To. ZAR – South African Rand. 1.00 US Dollar = 18.59 3122 South African Rand. 1 ZAR = 0.0537833 USD. We use the mid-market rate for our Converter. This is for informational purposes only. You won’t receive this rate when sending money. Login to view send rates. View transfer quote.
