South African Gold Krugerrand Coin

April 16th, 2008 by admin
5-1oz-south-african-gold-krugerrand-bullion-coins- 5 - 1oz. South African Gold Krugerrand Bullion Coins
US $9,000.00 (1 Bid)
End Date: Sunday Feb-05-2012 19:00:40 PST
Add to watch list
beautiful-1975-1oz-south-africa-fine-gold-krugerrand-coin-uncirculated-&-sealed Beautiful 1975 1oz South Africa Fine Gold Krugerrand Coin, Uncirculated & Sealed
US $1,835.99 (6 Bids)
End Date: Monday Feb-06-2012 11:27:48 PST
Add to watch list
beautiful-rare-1982-sealed-south-africa-krugerrand-1-4-ounce-fine-gold-coin-!!! Beautiful, Rare 1982 Sealed South Africa Krugerrand 1/4 ounce Fine Gold Coin !!!
US $455.00 (2 Bids)
End Date: Monday Feb-06-2012 12:48:07 PST
Add to watch list
1982-south-africa-1-oz-gold-krugerrand-uncirculated-gold-investment 1982 South Africa 1 OZ. Gold Krugerrand - Uncirculated - Gold Investment
US $1,848.99 (17 Bids)
End Date: Monday Feb-06-2012 14:58:11 PST
Add to watch list
2000- 5-pc-22-carat-gold-krugerrand-proof-set-w-box-&-coa-limited-edition!! 2000  5 pc. 22 Carat Gold Krugerrand PROOF Set w/ Box & COA - Limited Edition!!
US $3,713.00 (28 Bids)
End Date: Monday Feb-06-2012 16:23:28 PST
Add to watch list
four-piece-2010-south-africa-krugerrand-set-~-ngc-pf-70-ultra-cameo-~-1-85-toz FOUR PIECE 2010 SOUTH AFRICA KRUGERRAND SET ~ NGC PF 70 ULTRA CAMEO ~ 1.85 TOZ
US $3,338.22 (12 Bids)
End Date: Monday Feb-06-2012 18:27:54 PST
Add to watch list
gold-krugerrand-1-10-oz-proof-pcgs-pr69 GOLD KRUGERRAND 1/10 oz. PROOF PCGS PR69
US $177.68 (11 Bids)
End Date: Monday Feb-06-2012 19:08:57 PST
Add to watch list
1983-gold-krugerrand 1983 gold krugerrand
US $1,800.00 (0 Bid)
End Date: Monday Feb-06-2012 19:25:49 PST
Add to watch list
1982-gold-krugerrand-1-4-ounce-coin 1982 Gold Krugerrand 1/4 ounce Coin
US $370.00 (4 Bids)
End Date: Monday Feb-06-2012 20:10:53 PST
Add to watch list
south-africa-gold-krugerrand-1979-bullion South Africa Gold Krugerrand, 1979 Bullion
US $1,739.00 (0 Bid)
End Date: Monday Feb-06-2012 22:16:13 PST
Add to watch list
fisch-fake-coin-detector-for-1-2-oz-american-eagle-krugerrand-britania-isle-o Fisch Fake Coin Detector for 1/2 oz American Eagle, Krugerrand, Britania, Isle o
US $60.00 (0 Bid)
End Date: Tuesday Feb-07-2012 12:35:11 PST
Add to watch list
fisch-fake-coin-detector-for-1-4-oz-american-eagle-krugerrand-britania-isle-o Fisch Fake Coin Detector for 1/4 oz American Eagle, Krugerrand, Britania, Isle o
US $50.00 (0 Bid)
End Date: Tuesday Feb-07-2012 12:36:42 PST
Add to watch list
south-africa-krugerrand-1-oz-fine-gold-bullion-coin-1978 South Africa Krugerrand 1 Oz Fine Gold Bullion Coin 1978
US $1,832.89 (27 Bids)
End Date: Thursday Feb-09-2012 18:57:42 PST
Add to watch list
1980-1-4-oz-krugerrand-gold-coin-south-africa 1980 1/4 OZ KRUGERRAND GOLD COIN, SOUTH AFRICA
US $204.50 (3 Bids)
End Date: Saturday Feb-11-2012 12:18:47 PST
Add to watch list
gold-1981-african-krugerrand-gold-coin-999-pure-ounce-fyngoud-1-oz-fine-gold GOLD 1981 African Krugerrand Gold Coin .999 Pure Ounce FYNGOUD 1 OZ FINE GOLD
US $1,750.00 (1 Bid)
End Date: Saturday Feb-11-2012 15:05:26 PST
Add to watch list
1981-half-ounce-gold-south-african-krugerrand 1981 Half Ounce Gold South African Krugerrand
US $384.62 (10 Bids)
End Date: Sunday Feb-12-2012 21:00:06 PST
Add to watch list
1982-krugerrand-1-4-oz-fine-gold-coin-bullion-pendant-14k-gold-bezel 1982 Krugerrand 1/4 oz. Fine Gold Coin Bullion Pendant-14K Gold Bezel
US $765.00
End Date: Monday Feb-13-2012 15:01:59 PST
Add to watch list
-1980-1-2-oz-south-african-krugerrand-gold-bullion-coin-beautiful- 1980 1/2 Oz. South African Krugerrand Gold Bullion Coin Beautiful
US $1,029.99
End Date: Monday Feb-13-2012 16:27:11 PST
Add to watch list
krugerrand-1-10-oz-south-africa-gold-bullion-coin Krugerrand 1/10 Oz. South Africa Gold Bullion Coin
US $254.99
End Date: Wednesday Feb-15-2012 8:10:41 PST
Add to watch list
one-0z-fine-gold-krugerrand-south-africa-coin ONE 0Z FINE GOLD KRUGERRAND SOUTH AFRICA COIN
US $1,905.00
End Date: Saturday Feb-18-2012 15:20:27 PST
Add to watch list
2011-1-10-oz-south-african-krugerrand-gold-coin-brilliant-*bu*-new- 2011 1/10 oz South African Krugerrand Gold Coin Brilliant *BU* NEW.
US $249.99
End Date: Monday Feb-20-2012 14:21:15 PST
Add to watch list
1982-1-4-oz-south-african-krugerrand-gold-coin-beutiful- 1982 1/4 Oz. South African Krugerrand Gold Coin Beutiful.
US $539.99
End Date: Monday Feb-20-2012 16:45:39 PST
Add to watch list
1-2-oz-proof-1981-krugerrand-pcgs-pr68-dcam- 1/2 OZ PROOF 1981 KRUGERRAND PCGS PR68 DCAM
US $1,399.99
End Date: Thursday Feb-23-2012 14:29:59 PST
Add to watch list
4-pieces-1-4-0z-of-fine-gold-krugerrand-coins 4 PIECES 1/4 0Z OF FINE GOLD KRUGERRAND COINS
US $1,920.00
End Date: Friday Feb-24-2012 9:18:27 PST
Add to watch list
gold-south-african-krugerrand-1-oz-bu-random-year Gold South African Krugerrand 1 oz BU Random Year
US $1,934.00
End Date: Friday Feb-24-2012 20:22:29 PST
Add to watch list
5x-gold-south-african-krugerrand-1-oz-bu-random-year 5x Gold South African Krugerrand 1 oz BU Random Year
US $9,472.00
End Date: Friday Feb-24-2012 20:24:14 PST
Add to watch list
2x-gold-south-african-krugerrand-1-oz-bu-random-year 2x Gold South African Krugerrand 1 oz BU Random Year
US $3,826.00
End Date: Friday Feb-24-2012 20:25:18 PST
Add to watch list
1-4-0z-of-fine-gold-krugerrand-south-africa-coin 1/4 0Z OF FINE GOLD KRUGERRAND SOUTH AFRICA COIN
US $510.00
End Date: Saturday Feb-25-2012 13:44:21 PST
Add to watch list
$7250-3x-24k-gold-krugerrand-coins-w-18k-gold-elephant-w-diamond-bracelet-7-25- $7250-3x 24K Gold Krugerrand Coins w/18K Gold Elephant w/Diamond Bracelet-7.25"
US $3,948.00
End Date: Sunday Feb-26-2012 17:49:27 PST
Add to watch list
2000-pcgs-1-2-oz-gold-gem-uncirculated-krugerrand-wtc-recovery-911-world-trade- 2000 PCGS 1/2 oz Gold Gem Uncirculated Krugerrand WTC Recovery 911 World Trade
US $1,150.00
End Date: Tuesday Feb-28-2012 10:56:12 PST
Add to watch list
2000-pcgs-1-10-oz-gold-gem-uncirculated-krugerrand-wtc-recovery-911-world-trade- 2000 PCGS 1/10 oz Gold Gem Uncirculated Krugerrand WTC Recovery 911 World Trade
US $349.00
End Date: Tuesday Feb-28-2012 11:47:22 PST
Add to watch list
2000-1-4-oz-krugerrand-gem-wtc~9-11-01-ground-zero-recovery~rare-~coa~★bonus★ 2000 1/4 oz. Krugerrand Gem WTC~9-11-01 GROUND ZERO RECOVERY~RARE ~COA~★BONUS★
US $689.99
End Date: Wednesday Feb-29-2012 1:47:21 PST
Add to watch list
gold-african-krugerrand-coin-random-year-1-10-oz- GOLD AFRICAN KRUGERRAND COIN RANDOM YEAR 1/10 OZ
US $332.49
End Date: Wednesday Feb-29-2012 7:20:33 PST
Add to watch list
2000-pcgs-1-4-oz-gold-gem-uncirculated-krugerrand-wtc-recovery-911-world-trade- 2000 PCGS 1/4 oz Gold Gem Uncirculated Krugerrand WTC Recovery 911 World Trade
US $570.00
End Date: Friday Mar-02-2012 17:30:23 PST
Add to watch list
10-1-oz-gold-bullion-coins-gem-bu-krugerrand-south-africa-brilliant-uncirculated 10 1 oz GOLD BULLION COINS GEM BU KRUGERRAND South Africa BRILLIANT UNCIRCULATED
US $18,999.00
End Date: Saturday Mar-03-2012 18:15:48 PST
Add to watch list
roll-of-50-bu-1-10-oz-ounce-south-africa-krugerrand-gold-bullion-coins ROLL OF 50 BU 1/10 oz OUNCE SOUTH AFRICA KRUGERRAND GOLD BULLION COINS
US $9,949.00
End Date: Saturday Mar-03-2012 18:45:12 PST
Add to watch list
fisch-fake-coin-detector-for-the-gold-krugerrand- Fisch Fake Coin Detector for the Gold Krugerrand
US $169.00
End Date: Sunday Mar-04-2012 7:08:07 PST
Add to watch list
1977-south-african-krugerrand-proof-fine-gold-bullion-coin-in-box 1977 SOUTH AFRICAN KRUGERRAND PROOF FINE GOLD BULLION COIN IN BOX
US $2,395.00
End Date: Sunday Mar-04-2012 19:05:43 PST
Add to watch list
worlds-smallest-coins-14k-gold-proof-coin-krugerrand-commemorative-coin!!! Worlds smallest coins/ 14k Gold Proof Coin, Krugerrand Commemorative Coin!!!
US $25.00
End Date: Monday Mar-05-2012 11:59:00 PST
Add to watch list

The Krugerrand is the most popular among all gold bullion coins. It is manufactured in South Africa and was first minted in 1967 to help popularize South African gold trading. The Krugerrand was produced by the South African Mint Company and was mainly minted so that it could be circulated as currency in American markets, as it was legal at the time for Americans to purchase gold bullion coins that were minted in foreign countries. This made is very unlike other bullion gold coins that were mainly minted for collectors and not for normal day-to-day commerce.

Another major difference between the Krugerrand and other gold bullion coins was that normal coins were imprinted with the fixed legal face value of the coin. This value tended to be greater than the bullion value of the gold used. However, the Krugerrand did not have any face value and so its legal tender was the bullion value of the gold at the current market prices. This led to it being the first gold coin to be minted without any legal tender value.

The Krugerrand is named so because its obverse side bears the profile picture of South African Republic President Paul Kruger. The reverse side of the Krugerrand is imprinted with the springbok, one of the national symbols of South Africa. The words “SOUTH AFRICA” along with the year of minting and gold content are also inscribed in English and Afrikaans.

Every Krugerrand gold coin is made from 22 karat 1 oz. gold and measures 32.7 millimeters in diameter, weighs 31.1035 grams and contains 91.67% pure gold fineness. Until the early 80’s, the Krugerrand had more than a 90% stake in the gold coin market. The success of the Krugerrand on the gold markets led to many other nations producing such gold bullion coins like Canada with its Canadian Gold Maple Leaf in 1979 or Australia with the Australian Gold Nugget of 1981 among others.

Posted in Krugerrand | No Comments »