Introduction

Krugerrand is the currency of South Africa. It is named after Paul Kruger, the first president of Transvaal. The name “Krugerrand” was adopted from an earlier gold coin issued by the Republic of Transvaal in 1909, during a period when it was not recognized internationally as an official currency. A modern Krugerrand weighs 1 troy ounce (31 grams) and contains 31.1035 grams of fine gold at the time of manufacture. The Krugerrand’s purity is measured by karats (k).

How much is a krugerrand in Namibia?

The value of a krugerrand is determined by its purity and weight, as well as the current gold price. Gold prices are constantly fluctuating and can result in a significant price difference between two coins of equivalent purity and weight.

If you were born in 1982, your coin would be worth approximately R30 000 at today’s (November 2019) gold price of $1 360/oz.

How much is a krugerrand worth for the year of your birth?

A Krugerrand, one of the most popular gold coins in the world, has a value that can fluctuate depending on the price of gold. As a general rule though, you can expect to get between $1 and $2 for your Krugerrand at any given time.

• You’ll find that there are numerous online sites that sell gold bullion coins—including the famed Kruggerand—but be sure to check their reviews before making a purchase.
• Some people who want to invest in this type of investment purchase them as a collector’s item rather than an investment tool. However, if you do plan on selling your coin later on down the road, it might be worth looking into investing in another kind of physical currency besides gold bullion since it has less value than some other types of non-bullion currencies such as silver dollars or quarters which may have more resale value because they are easier to sell once purchased from private sellers or shops like Walmart or Target stores

What does krugerrand mean in German?

The Krugerrand is a gold bullion coin that was first minted in 1967. Its name is derived from Paul Kruger, the President of South Africa when it was first minted, and rand means “wedge” or “scratch.” The original design has been changed several times since its introduction in 1967, but the main feature remains that of an image of a springbok on one side and an intaglio portrait of Paul Kruger on another.

What does a krugerrand cost today?

In Namibia, the value of a krugerrand coin is determined by its weight and the year it was minted. For example, if you were born in 1980 and have an uncirculated one-ounce coin with no scratches or cracks, you could sell it for about $1,200 USD. If it’s in good condition but has been circulated once or twice and has some scratches on it (but not too many), then you could still get about $900 USD for it.

If you’re looking to sell your coin, try searching online or asking friends if they know someone who might be interested in buying one from South Africa’s past as well as its present.