What is Kruger Coin?
Krugerrands are gold coins that were minted by the Republic of South Africa in 1967 to help promote
South African gold to the international markets and to make it possible for individuals to own gold.
Krugerrands are among the most frequently traded gold coins in the world market.
How Much Is Kruger Coin Worth In south Africa?
|KRUGERRAND 1 OZ||KRUGERRAND ½ OZ|
How do I sell my Krugerrand in South Africa?
A gold coins dealer is your best bet. The gold coins dealer will buy the coins from you for slightly below their retail price and resell them to his customers at their full value.
If you don’t want to sell the coins to a coin dealer, the other option is to go to a scrap gold dealer.
What is so special about Krugerrand?
The Krugerrand is comprised of copper and gold alloy that weighs a total of 1.0909 Troy ounces, of which one Troy ounce is 24 karats of pure gold (. 999).
The copper alloy makes it highly durable and scratch-resistant–and gives the Krugerrand its signature orange-gold hue.
Are Krugerrands legal to own in South Africa?
All Krugerrand coins, even ones minted during the time when international sanctions were fully enforced, are now perfectly legal to own, handle, buy, and sell .