Because a Krugerrand is considered legal tender, it does not have to be melted down into an ingot upon resale. On the 19th August 2016 a 1978 PF69 Proof Krugerrand was up for sale at Apmex for US$2193.00 which would be around 164% of the gold price and a PF68 was for sale at Apmex for US$1893.00 which would be around 141% of the gold price . Knowledge about these properties and a series of tests is what allows a buyer to identify a fake Krugerrand, even when a counterfeiter has tried very hard to make it appear genuine. 1 troy oz gold South African Krugerrand coins was first conceptualized in 1964 as a legal tender bullion coin marked only with its weight in gold. Composition: Gold (.917). South Africa - Krugerrand 1978 - 1 oz - Gold UNC (Uncirculated) Country South Africa Type Non circulating coin Years 1967-2017 Value 1 Krugerrand (1) Metal Gold (.917) Weight 33.93 g Diameter 32.7 mm Thickness 2.85 mm Shape Round Will be shipped by registered post Current … Proof Krugerrand from the year 1978. In the first three years of mintage the annual output was between 30,000 to 50,000 coins which is in today’s standard relatively low. Weight (grams): 33.93. Pure Gold content (grams): 31,10348. Seller assumes all responsibility for this listing. Krugerrands are the most popular gold bullion coin in the world and offer a great value way to invest in gold. Alternatively, please see our best value Krugerrands here. Made mostly with a core of tungsten and gold plated. 1978 South African 1 oz. Krugerrands are the most popular gold bullion coin in the world and offer a great value way to invest in gold. In 1986, due to the lasting apartheid policy in South Africa, the … Krugerrands are 22 carat gold, but weigh more than a troy ounce and therefore contain exactly 1 troy ounce of fine (24 carat) gold. The Krugerrand gold coins are issued by the South African Mint Company. Weight (grams): 33,93. 1983 1oz Proof Gold Krugerrand Awaiting Stock. from Weight: 33.931g AGW: 1ozt Size: 32.7mm (Diameter) ALL BULLION ITEMS ARE FINAL SALE. Very nice coin. Krugerrand emission 1978, 1 oz of gold Weight 33.9 g (31.1 of .999 gold) 50.000 objets uniques sélectionnés et mis en vente chaque semaine par 216 experts Production was reduced to 23,277 coins in 1998 and then increased again, although it did not reach previous levels. Fully insured delivery! This is because the metal composition is made up of a Gold Alloy designed to be durable enough for circulation (handling). Precious metal prices can be volatile and the value of your metal may go down as well as up. This coin is synonymous with quality and reliability. In the time from 1974 to 1984 the annual mintage topped with 6 million ounces in 1978. You are currently on our UK site. Reverse: Springbok walking right divides date. It is comprised of 22 carat Gold and Copper alloy that weighs a total of 1.0909 Troy ounces. The name itself is a combination of "Kruger" (a past president of South Africa) and "Rand", the South African currency. Seller assumes all responsibility for this listing. Reverse Designer: Coert L. Steynberg. Weight: 33.9300g. Gold Krugerrand. View. Condition: Mint, New, Uncirculated. Alternatively, please see our best value Krugerrands here. Stock: Notify me when back in stock Krugerrand from the year 1978. 1 oz Gold Coins are a great gold investment. Below is a wide selection of specific year Krugerrands: View: Sort by: 1981 1oz Gold Krugerrand In Stock. • Consistency – There have been no changes to the design since launch in 1967. Each coin measures 32.6mm in diameter with a 2.84mm thickness. 1978 1oz Proof Gold Krugerrand Awaiting Stock. Around below, the composition and weight in Afrikaans and English: FYNGOUD 1 OZ FINE GOLD. Krugerrands are 22 karat gold, but weigh more than a troy ounce and therefore contain exactly 1 troy ounce of fine (24 karat) gold. The Krugerrand was … Gold Krugerrand. Krugerrands are the most popular gold bullion coin in the world and offer a great value way to invest in gold. The Krugerrand is 32.77 millimetres (1.290 in) in diameter and 2.84 millimetres (0.112 in) thick. Specifications ; Composition: Gold Fineness: 0.9170 Weight: 33.9300g AGW: 1.0003oz Melt Value: $1,950.05 (1/6/2021) Diameter: 32.7mm Design; Obverse: Bust of Paul Kruger left Obverse Legend: SUID — AFRIKA • SOUTH AFRICA Reverse: Springbok walking right divides date Reverse Designer: Coert L. Steynberg Edge Description: Reeded Notes Fineness: 916.7. This means … Krugerrands are the most popular gold bullion coin in the world and offer a great value way to invest in gold. You'll notice that the South African mint has published data on the weight, diameter, and width of … Copper accounts for the remaining weight (8.33%, 0.09 troy ounce, 2.828 grams). Krugerrands are the most popular gold bullion coin in the world and offer a great value way to invest in gold. View. Obverse Legend: SUID — AFRIKA • SOUTH AFRICA. Weight (grams): 33.93. Only 7% of all Proof Krugerrand were subscribed for by collectors from outside of South Africa. Krugerrand from the year 1978. Image: Front (Face) Back (Springbok) 14 DAY 100% SATISFACTION GUARANTEE. The Krugerrand’s success is attributed to its: • Liquidity – With over 60 million Krugerrands sold since launch, the Krugerrand is the most widely held and traded gold coin in the world. This is a one ounce gold coin. There is no box or certificate. South Africa: 1 oz Krugerrand Year: 1978 Weight: 33.93 grams, 916/1000 gold Corresponds to 31.10 grams fine gold (1 oz) Coin in excellent condition, see images Lot details Year/Period and Variation 1978 - 1 oz Precious metal Gold Condition Extremely fine Sign in Register. As consciousness of South Africa’s Apartheid policies grew, the Krugerrand suffered from diminished interest; especially as new competitors entered the market. It was first minted on 3 July 1967 and with that, it came to existence in a time, when the price of noble metal was skyrocketing. Copper makes up 8.33% of the coins weight and is the reason for the red tint to the gold. The Krugerrand was the first modern gold bullion coin which was issued in the standard weight of one troy ounce (31.1035 grams). from 1 904 € View. from €2,590. Alternatively, please see our best value Krugerrands here. $2,103.79 ... the national animal of South Africa, along with the date and Gold weight. The original Krugerrand was designed to contain precisely one troy ounce of 22 karat gold, approximately 33 grams. Stock: Notify me when back in stock Krugerrand from the year 1978. 1978 South African 1 oz. Investment Gold Bullion Coin Pure Gold Weight 31.10 gram (1oz) Purity 917/1000 Brand new 1978 THE KRUGERRAND IS OUR BEST SELLING BULLION COIN. The Krugerrand was first minted in 1967 to help South Africa market its gold. VAT Free Gold Bullion. 06758398 VAT No. Weight: .5 Grams . At the 1979-1980 peak of the gold market, it was the best selling gold bullion coin in the World. The Krugerrand is not a particularly attractive coin. It is produced by the Rand Refinery in Germiston, a city in the East Rand of Gauteneng in South Africa. Edition: Commemorative Mini Replica Collectable. The actual pure Gold composition makes up for just over 91% of the coin's weight and the remaining 1/11th of an ounce is made up of Copper. 1978 Krugerrand Mini Gold Coin. Stock: Notify me when back in stock Krugerrand from the year 1978. The name Krugerrand is a compound name. Krugerrands are 22 carat gold, but weigh more than a troy ounce and therefore contain exactly 1 troy ounce of fine (24 carat) gold. Edition: Commemorative Mini Replica Collectable. from 1 904 € View. 1978 South Africa 1 oz Gold Krugerrand Rollover to zoom. Shipping and handling . 1 Oz Gold Krugerrand 1978, 1 Oz Gold Gold Coin, Gold Investment, 1 Oz Krugerrand, Gold Investment, South African Krugerrand, Gift For Him $ 3,000.00 FREE shipping 1/10 oz Gold Coin, Limited Edition Queen Elizabeth 15 Dollar Coin, Small Gold Investment, Gift For Him, Wedge Tail Gold Eagle With more than 6 million ounces of krugerrands in 1985 of one troy ounce, 2.828 )... Over the years produced by the Rand Refinery in Germiston, a city the! Touch the Proof Krugerrand were subscribed for by collectors from outside of Africa... 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