Private mints have also attempted minting gold and silver bullion rounds (the term coin denotes legal currency) in the style of the Krugerrand. 1980 1/10 oz Solid Gold South African Krugerrand Coin. The South African Gold Krugerrand was created in 1967 as the official bullion coin of South Africa. 1/2oz Bullion Krugerrand. The value of one Gold South African Krugerrand coin is equivalent to the melt value of one troy ounce of gold, which varies minute by minute. Home Shop Bullion Krugerrand Proof Krugerrand Modern Numismatics ZAR's SafeGold Coins About The Coins Krugerrand Big Five Elephant Diwali 2020 D-Day - A Snapshot in Time . Quantity: Decrease Quantity: Increase Quantity: Price: MSRP: R309,000.00 R308,000.00. In 1970, the number rose to over 200,000 coins. Visitors to South Africa can export up to 15 coins by declaring the items to the South African Revenue Service. Such coins are valued between $1,800 and $2000. The obverse side of the coin, designed by Otto Schultz, depicts a bust of Paul Kruger, the last president of the Republic of South Africa. 1980 Krugerrand Value May 2020. Since this is strictly a bullion coin, the 1 oz Gold South African Krugerrand has a value based strictly on gold spot value with a slight premium. 1/10oz Proof Krugerrand -- Gold Coin. * Design: The 1 oz South African Krugerrand Silver Coin was released for the first time in 2017. Worth - South Africa 1 krugerrand 1967-2018, Krugerrand in the coin catalog at uCoin.net - International Catalog of World Coins. Product Specifications. The Krugerrand is a household name and can be bought and sold in almost every country on Earth. South africa gold krugerrand 1980 south africa coin value ucoin how much is a krugerrand worth gold 1 4 oz gold krugerrand south 1980 krugerrand value may 2020 south africa 1 4 oz gold krugerrand. The commemorative issues are distinguished by a '50' privy seal mark above the springbok design on the reverse for the platinum and silver issues and to the right of the springbok design on the gold issues. The South African Krugerrand was first minted in 1967, and just like its country of origin, it caused a stir around the globe for many years. Coin Value South Africa Krugerrand 1980 To Date. The gold Krugerrand coin has been minted since 1967 by The Rand Refinery in South Africa. CGT Exempt: No. This lends an orange tint to the coin instead of the more brilliant hue when silver is used. The country is home to some of the largest gold reserves found in the world, and it is no surprise that the nation was the first to issue a commemorative gold bullion coin as a national marketing tool. Kruger is the first elected president of the South African Republic. 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. 2019 | Krugerrand. The coin was created as a means for the private ownership of South African gold bullion coins by the general public and was first minted at the South African Mint on July 3, 1967. , Although gold Krugerrand coins have no face value, they are considered legal tender in South Africa by the South African Reserve Bank Act (SARBA) of 1989. Wt. The legend is inscribed with ", This page was last edited on 29 November 2020, at 13:13.  Between 1974 and 1985, it is estimated that 22 million gold Krugerrand coins were imported into the United States alone. While the coin itself weighs 1 ounce, the 1 oz Gold South African Krugerrand is actually only 91.7% gold with the remainder metal being copper. 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