Gold Cougaran Coin Value

The krugerrand ˈ k r uː ɡ ə r æ n d.

Gold cougaran coin value.

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. ˈkrœjərˌrant is a south african coin first minted on 3 july 1967 to help market south african gold and produced by rand refinery and the south african mint. 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. To determine how much that is you can check the current gold spot price.

How much is a gold krugerrand worth in dollars. Get all information on the price of krugerrand 1 oz including news charts and realtime quotes. Prices of gold krugerrands in u s. How much is a cougaran worth monday 5 october 2020.

So the majority of a krugerrand s value comes from the gold bullion content. 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. Gold price group 10440 n. 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.

Whether it is bought as an investment or as a collectable the krugerrand is looked upon as an international symbol of prestige and wealth. Krugerrand 1 oz price. Central expressway suite 800 dallas tx 75231. More south african krugerrands have been purchased than all other 1 oz gold coins available on the market.

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. Dollars were over 1 900 in september 2011 and traded under 1 100 at the end of 2015.