The world s first gold bullion coin the first gold bullion coin in the world and a persistent favorite outside of the united states the krugerrand is generally one of the more affordable gold coins on the market and is recognizable for its unique hue and depiction of a springbok antelope.
Gold cougaran coin value.
Prices of gold krugerrands in u s.
Dollars were over 1 900 in september 2011 and traded under 1 100 at the end of 2015.
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.
Krugerrand 1 oz price.
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.
So the majority of a krugerrand s value comes from the gold bullion content.
Get all information on the price of krugerrand 1 oz including news charts and realtime quotes.
More south african krugerrands have been purchased than all other 1 oz gold coins available on the market.
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How much is a gold krugerrand worth in dollars.
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.
The krugerrand ˈ k r uː ɡ ə r æ n d.
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.
While there are a number of gold coins available on the market today the south african krugerrand has the legacy of being the first one troy ounce gold bullion coin issued as legal tender by a government and valued based its gold content intrinsic value rather than the face value of the coin.