How Much Is a 1982 Krugerrand Worth?

Author Mollie Sherman

Posted Nov 14, 2022

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A 1982 krugerrand is worth about $1300. The value of a krugerrand is based on the gold content, which is worth about $1200 as of today. The krugerrand is also a collector's item, which can increase its value.

How much is a gold krugerrand worth?

A gold Krugerrand is worth approximately 1,360 USD as of September 2019. The value of a Krugerrand depends on the current gold spot price and the coin's weight and purity. The Krugerrand is a South African gold coin that was first minted in 1967. It contains one ounce of gold and is 22karat (91.67%) gold. The coin gets its name from Paul Kruger, the former President of the South African Republic, and the rand, the South African unit of currency.

Frequently Asked Questions

What is a Krugerrand?

A Krugerrand is a coin made of gold and copper that was first introduced in 1967. The coins are popular for private ownership of gold, as they are more durable than pure gold. The Krugerrand accounted for 90% of the global gold coin market by 1980.

Do gold Krugerrands appreciate every year?

Gold Krugerrands do not appreciate every year. However, Krugerrands have appreciated in the long-term. Since the Vietnam War, they rose from $35 to today's values of well over one thousand dollars.

What is a 22-karat Krugerrand coin?

A Krugerrand is a Gold coin made from 1 Troy Ounce of pure gold. The coin was minted in 1967, and since it was first released it has become a popular collector's item. It typically contains 1/20th troy ounce of .9999 fine gold.

Where does a Krugerrand's value come from?

The value of a Krugerrand comes from the gold bullion content.

What is a 1 oz gold Krugerrand?

A 1 oz gold Krugerrand is a denomination of gold bullion that is composed of .9999 pure gold. Each piece is stamped with the logo of South Africa and has a face value of $100 USD. Gold Krugerrands are often used as a form of payment or investment, and are also popular among collectors.

Mollie Sherman

Mollie Sherman

Writer at CGAA

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Mollie Sherman is an experienced and accomplished article author who has been writing for over 15 years. She specializes in health, nutrition, and lifestyle topics, with a focus on helping people understand the science behind everyday decisions. Mollie has published hundreds of articles in leading magazines and websites, including Women's Health, Shape Magazine, Cooking Light, and MindBodyGreen.

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