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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 Closed
Sunday Closed



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.

My Aunt recently passed and she lived in the outskirts of Las Vegas. While my sister and I went through her estate we found a number of items that neither of us considered keeping, but our aunt was clear in her will that she wanted us to use her things to make a profit and in turn use that money to help our futures. We shopped around, especially not being from the area, and got a lot of negative experiences just on the phone. People were rude, uninformative, and really just gave us a feeling they wanted to rip us off. It made us think of those dirty pawn shops you “hear about”. Finally I called Nevada Coin and Jewelry and the whole day shifted! We described a few pieces of jewelry and they helped us figure out initially a general value based on the metal. Of course, they did explain the importance of actually coming in and examining the pieces individually. That level of service over the phone got us through the door. When we went to the spot we were greeted with the same level courtesy, but the professionalism when going over each item and it’s value was through the roof! They took the time to explain why each item was worth what amount and even gave us a little bit of history on the styles. At the end of the day, my sister and I walked away with a sizable amount of money to put towards my son’s college fund and my sister’s vet school. Thanks, Nevada Coin and Jewelry!

Ashleigh L.

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”


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

Always a good experience here! Definitely the place in town I enjoy buying coins from, and I’d recommend them to anybody. Helpful staff, reasonable prices, and wide selection.

Daniel B.

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.

Staff was friendly, knowledgeable, and responsive. Building had great security to helped me feel safe in handling my items.

I brought them some gold pendants, rings and a few other pieces. I knew they weren’t worth that much but I needed the cash. The guys (and there are a lot of them) were really nice and not the least bit condescending. They know when you come in to sell there is a reason but they don’t make you feel bad or inadequate. The store is filled with interesting objects for sale and for show. A very nice and very fair place to buy and sell. I highly recommend them.

Linda P.

Great family run store. I’m well taken care of every time I show up at this location. Thank you Nick.

We were really pleased with the help that AJ gave us concering our gold coins and watches. I don’t think we could have received a better deal anywhere. All of the personnel at Nevada Coin & Jewelry were very professional. We will recommend them to our friends.

Dean & Judy

While vacationing in Las Vegas I did what a lot of people do I’m sure or at least that’s what I’m telling my wife ..I blew through the money I brought a little quicker than expected and I ended up having to shop my Rolex around to several dealers to save the trip. So I looked online for places, most offers over the phone were low and that’s if they would even quote me in the first place. I spoke to a guy at Nevada Coin and Jewelry who gave me a fair ball park price and a reasonable explanation as to why his number couldn’t be solid. Went down expecting to get the lower number and in fact Robert their Rolex expert said my Rolex was a better model then I had described. He paid me a higher number than he quoted. Thanks for saving my vacation guys.

Weldon O.

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.