Gold Krugerrand Values
Gold Krugerrands are produced by the South African Mint, established in 1890. They were first minted in 1967 and became popular way for individuals to invest in gold. Each coin bears the portrait of Paul Kruger, the former South African president, on the obverse side and a springbok antelope, the national animal, on the reverse side. The common sizes of Krugerrand coins include the 1 oz, the most widely traded, and smaller sizes like 1/2 oz, 1/4 oz, and 1/10 oz options. Krugerrands continues to attract investors and collectors alike as one of the world's most well-known gold bullion coins.
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About the Gold Krugerrand
Gold Krugerrands are similar in composition to the American Gold Eagle, as a 22k gold coin rather than 24k. However, the Krugerrand tends to price similarly to the Gold Maple Leaf coin. The pricing of gold Krugerrands tends to be similar to generic bars and rounds available in assay and TEP. The Krugerrand is a very popular coin that is easy to buy and easy to liquidate. Buying specific year Krugerrands, for those wishing to build a collection, will pay an additional premium and see a higher final price. Krugerrands typically do not have numismatic value, and therefore their price tends to track closely with the spot price of gold.
