What happened to the Krugerrand?
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What happened to the Krugerrand

In 1980, the Krugerrand paid for over 90% of the entire global gold coin market and became the gold of choice for investors. However, in the early 1990s, the Krugerrand collapsed as the western planet banned the import of the Krugerrand because it exploited its association with apartheid in South Africa.

What is the value of a Krugerrand

The reliable value of the Krugerrand is based on its gold records plus premium. Krugerrands of different sizes require different surcharges, and factors such as:

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When was the first 1oz Krugerrand made

1967 Krugerrand is the first year the Krugerrand was minted. Our 1 oz Krugerrand bars are analyzed for weight and quality before shipping.

Is this 1967 South Africa 1 oz proof gold Krugerrand worth anything

This 1 oz South African Gold Krugerrand from 1967 is a great addition to any collection. The coin is now made of 0.9167 gold and has a mirror finish. The obverse features a bust next to Paul Kruger, accompanied by the names “SUID-AFRIKA” and “AFRICA” “South”.

What year Krugerrand is worth the most

“The 1967 Krugerrand is very popular with collectors because of the year it was minted. In 1967, a genuine 1 ounce Kruger bar would have cost (£27! Yes indeed). Today, whether you decide to sell it at auction or through a creative dealer, a 1967 Krugerrand could cost north of R40,000.

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Why is a Krugerrand worth so much

In particular, these Krugerrands are minted to give them additional numismatic value – or collectible value above the value of gold. Brilliant Uncirculated and Kruger have a limited mintage or number of gold coins produced. Proofs also mostly have special treatment. Rand’s Refinery Specially polishes blank cards.

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