South african krugerrands are iconic coins produced from the great store of gold first discovered in south africa in 1886.
1 4 krugerrand gold coin value.
The history of 1 4 oz krugerrands.
Prices of gold krugerrands in u s.
Krugerrands are subject to price changes due to market volatility.
Dollars were over 1 900 in september 2011 and traded under 1 100 at the end of 2015.
How much is a gold krugerrand worth in dollars.
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1 4 oz krugerrands from the south african mint are only a small portion of the total gold produced from south africa one of the world s largest gold producers.
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.
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So the majority of a krugerrand s value comes from the gold bullion content.
Bullion coins such as the kruger allow investors of all budgets to buy gold.
They can be distinguished from the bullion krugerrands by the number of serrations on the edge of the coin.
In 1980 the fractional krugerrand s 1 2 ounce 1 4 ounce and 1 10 ounce were added to the 1 ounce krugerrand in order to assist the smaller buyer to obtain gold at an affordable price the krugerrand is unique in that it is legal.
Krugerrand 1 4 oz price.
The krugerrand price being a bullion coin is linked to the daily gold price and therefore constantly fluctuates.
These coins are priced above bullion value although non proof krugerrands also have a premium above gold bullion value.
The history the name itself comes from combining the currency of the country rand with the last name of paul kruger the famed former president of south africa.
Make offer 3 gold coins 1909 d 5 indian gold coin 1982 1 4 oz krugerrand 2000 10 age excellent entry investment south africa 1 4 oz gold krugerrand random year au 695 00.
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Proof coins have 220 while bullion coins have 160.