What is Krugerrands and How Much Does it Worth

First Edition of Kruger Rands 1967

These were the first Kruger Rands. They were struck at a ceremony which took place at the South African Mint in July 1967. The busts of the 1967 mintage were plain, unfrosted or glossy. Intended for South African collectors, only 10 000 of these coins were struck. In 1968 some of the busts (1044) and inscriptions were frosted.
The reverse sides of Proof Krugerrands are all plain, unfrosted or glossy in 1967. From 1968 onward the inscriptions and designs were frosted.

First edition of Krugerrands minted in 1967 heads side
First edition of Krugerrands minted in 1967 Tail side

Year:1967
Coin:1 oz Kruger Rand
Diameter:32,69mm
Mass:33,931 grammes
Edge:Milled
Designer:Otto Schultz
Metal Content:Gold 916,67 / Copper 83,33
Mintage Figure:10 000

The above-mentioned Kruger Rands are selling with different prices depending on the seller but their prices ranges between R18 000 and R75 000 according to some sellers at BidorBuy.co.za

Why do we have 2016 Kruger Rands

To mark the discovery of the Eureka diamond, the SA Mint has minted a truly special product, the 150th anniversary of the discovery of the Eureka diamond, Mint Mark Proof Krugerrand 2016 set. Each set contains a 1oz, 1/2oz, 1/4oz and 1/10oz Proof Krugerrands, all featuring the illustrious Eureka 150 Years Mint Mark.

 

The above Krugerrands minted in 2016 is just a special edition to mark 150th celebration of the discovery of the Eureka diamond. It has been minted by SA Mint and it is selling for about R100 000.

Source: Scoinshop.com,Southcapecoins.co.za

If you are interested in the coin collection business you can also read the following articles:

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *