Gold Cougaran Coin Value

How much is a gold krugerrand worth in dollars.

Gold cougaran coin value.

Krugerrand 1 oz price. While there are a number of gold coins available on the market today the south african krugerrand has the legacy of being the first one troy ounce gold bullion coin issued as legal tender by a government and valued based its gold content intrinsic value rather than the face value of the coin. How much is a cougaran worth monday 5 october 2020. Prices of gold krugerrands in u s.

To determine how much that is you can check the current gold spot price. Dollars were over 1 900 in september 2011 and traded under 1 100 at the end of 2015. 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. So the majority of a krugerrand s value comes from the gold bullion content.

More south african krugerrands have been purchased than all other 1 oz gold coins available on the market. Whether it is bought as an investment or as a collectable the krugerrand is looked upon as an international symbol of prestige and wealth. Gold price group 10440 n. The world s first gold bullion coin the first gold bullion coin in the world and a persistent favorite outside of the united states the krugerrand is generally one of the more affordable gold coins on the market and is recognizable for its unique hue and depiction of a springbok antelope.

The name is a compound of paul kruger the former president of the south african republic depicted on the obverse and rand the south african unit of currency. The krugerrand ˈ k r uː ɡ ə r æ n d. Get all information on the price of krugerrand 1 oz including news charts and realtime quotes. Since the first mint in 1967 50 million ounces of gold krugerrand coins have been sold making the krugerrand gold bullion coin one of the world s most popularly traded or sought after coins.

When the fractal krugerrands 1 2 oz 1 4 oz 1 10 oz were introduced in 1980 they continued with marking the weight on the coin rather than the value. Central expressway suite 800 dallas tx 75231.