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Krugerrand Gold Coin Value

A Krugerrand is a South African gold coin whose mintage began in 1967 and continues on into the present day. Krugerrands are available in 1oz, 1/2oz, 1/4oz and 1/10oz sizes. A Krugerrand is considered legal tender in South Africa. Krugerrands are 91.67% gold with the remaining weight being copper.

In the 1970’s and 80’s, the Krugerrand was illegal to import into many countries in the Western Hemisphere, due to the Apartheid movement, but despite this, the Krugerrand made up 90% of the world gold coin market by 1980. Between the years 1974 and 1985, it is estimated that 22 million gold Krugerrand coins were imported to the United States.

The Krugerrand was a huge success, and many other countries soon minted their own gold coins. The Canadian Gold Maple Leaf debuted in 1979, followed by the Australian Nugget in 1981, the Chinese Gold Panda in 1982, the American Gold Eagle in 1986, and the British Britannia in 1987. None of these coins would exist if the Krugerrand hadn’t seen such a massive popularity.

Private mints have even tried to copy the style of the Krugerrand, some depicting the image of Paul Kruger and even of the springbok antelope, while some attempt the steal the design of the Krugerrand completely, just altering the description on the Krugerrand coin. The South African Mint has nothing to do with the manufacture of these fake Krugerrands, and they therefor have no legal tender status, unlike the true South African Krugerrand.

A 1oz Krugerrand is 32.77mm in diameter and 2.84mm thick. The Krugerrand features the face of Paul Kruger on the obverse. Paul Kruger was a 4 term president of the South African Republic, and the work Krugerrand comes from his last name. The reverse of the Krugerrand features a springbok antelope, and bears the inscription “Krugerrand fynegold 1oz fine gold”.

The South African Mint Company produces both standard Krugerrands and a proof version of the Krugerrand gold coin. The proof Krugerrand has a mirror finish and is available in smaller quantities than the standard Krugerrand. Proof Krugerrands can also be distinguished by the number of serrations on the edge of the coin, it has 220 compared to the non-proof Krugerrand, which only has 160 serrations.

The Salvation Army has been receiving gold Krugerrand coins in their collection buckets, donated by an anonymous benefactor or benefactors in several cities, including Atlanta, Seattle and Fargo, ND. Krugerrand coins have long been a very popular way to buy and sell gold coins, and are one of the easiest to recognize gold coins on the market today.



East Flamingo

Monday – Friday 8:30 am – 4:30 pm
Saturday 8:30 am – 2:30 pm
Sunday Closed

West Flamingo

Monday – Friday 9:30 am – 6:00 pm
Saturday 10:00 am – 4:00 pm
Sunday Closed



As a first timer in selling, I was a bit apprehensive. I did not know what to expect and was a little worried about a previous reviewers comments. Yes the office was stark and clinical. The staff however, more than made up for any downfall in the decor. Very helpful, polite and understanding to any ‘silly’ questions that were asked. All in all a pleasant experience, and one that should the opportunity arise I would go through again!

Marie G.

A.J. and Robert are so friendly and make it so you have the best deal with the items you bring them. They have so much knowledge about all the items they have in their shop and they like to teach others about what they know…


A great selection of coins and other numismatic related material. Very professional.

Been living in Vegas for many years and never had to sell or hock any of my items unfortunately as luck would have it that day did eventually find me and let me tell you is it a tough racket to find a decent place out here to do business with. Pawn shops are a joke and could care less about their customers and treated me like another number. Tried and tried and place after place the numbers where all over the place. Finally decided to go to these guys and I’m glad I did. They tested each piece of my jewelry right in from of me with some kind of xray machine. They explained how they calculated the price and paid me cash on the spot. Avery was very helpful and didn’t mind answering my questions and explaining what they do. I left feeling I got the best price for my items. I would recommend them to anyone looking to sell their jewelry.

Christian M.

Wonderful experience, Nick and Laura made it seamless and stress free. Thank you! They also sell super cool items!!

Grateful for the Nevada Coin and Jewelry shop, I just adore it. I took some collectable figurines in and they bought them. I came out smelling like a rose. You should’ve been there to see the big smile on my face. I ran all the way home to look for some more. Can’t wait to get back! I can sure use the money!


My wife cashed in some coins and we got top dollar. We have sold to others before but no more, we found a real professional store in Nevada Coin & Jewelry. “Thank You”


What inspired me to go to NV Coin and Jewelry was I was an ad on the TV for the shop. I was not too sure about going to NV Coin and Jewelry to sell my jewelry because I have been to many other pawn shops but haven’t found a good deal for my jewelry. After I went to Nevada Coin and Jewelry it was a big relief for me selling my jewelry for a good price.


After visiting a couple of the “traveling gold & silver merchants” who came to Mesquite, I made a call to Nevada Coin & Jewelry in Las Vegas… David was very helpful and professional. Their prices were the best I had seen… I left very satisfied with my trip and the deals we made. I will definitely go there again.

Carol R.

This past Saturday I had the opportunity to meet the owner and team at Nevada Coin and Jewelry. I didn’t know what to expect but they made me feel both comfortable and safe. I went through my collection of jewelry, both broken pieces and things I thought were of no value at all. They took the time to explain what each carat weight was worth and they helped me sort through my items. I was amazed at what they gave me for things I would never wear or use. I would recommend you stop in and speak to them, you might be as pleasantly surprised as I was.

Suzanne P.

This place is definitely recommended!!! A.J. and David are amazing…very helpful and nice people at that! I would totally consider going to this place.

Bree D.

What friendly staff. They help you sell your items even if they don’t have a use for it by calling other shops around the area to see if they could use it… They want you to have the best out come from selling your items. I was so happy I decided to go to them!