Krugerrand

Introduced in 1967 as a replacement for trading cash, the gold bullion Krugerrand captured 90% of the market by 1980. The Krugerrand is a 22kt and not a 24kt, as it was built to be more durable during circulation and trade.  To add an additional layer of toughness to the Krugerrand, copper is added. 

The exact weight of the Krugerrand comes in at 1.0909 ounces and is conveniently traded at the spot price of gold, and often a premium amount above that too (market conditions vary).

Selling your gold Krugerrand is convenient, as the Krugerrand is legal tender, and liquid. To get a cash offer for your Krugerrand(s) in Cape Town, click here now. 

We also buy other gold bullion in Cape Town at AnthonyAlan, the 3 most common are:

American Gold Eagle

The official gold bullion of the United States was first released by the US Mint in 1986. 

The American Gold Eagle is offered in: 

• 1/10oz
• 1/4oz
• 1/2oz
• 1oz

Gold Eagles minted between 1986-1991 have Roman numerals for dates, and from 1992 they have Arabic numerals. 

Canadian Gold Maple Leaf

Among the purest on the market, the Canadian Gold Maple Leaf is 24kt gold and comes in a variety of sizes, from 1/25oz to 1oz.

Originally minted in 1979 with a Queen Elizabeth II design, it has a face value of $50 but trades at the spot market price of gold. 

Keep in mind that the soft nature of the gold in the Gold Maple, and the fine engravings on the surface, mean that these can be easily damaged and are not built for general circulation.

Austrian Gold Philharmonic

Released in 1989 with orchestra instruments for the design aesthetic, the Austrian Gold Vienna Philharmonic is a 1oz ounce gold with an original face value of 2,000 Austrian schillings (updated to 100 euros), and generally one of the best-selling gold bullion in circulation. 

It’s value, like most gold, is based on the spot price on the commodities market. 

The Austrian Gold can be purchased in a variety of sizes: 

• 1/25ozt
• 1/10ozt
• 1/4ozt
• 1/2/ozt
• 1ozt

If you want to sell your gold in Cape Town, contact us now for the best price offer.

Frequently Asked Questions

1 – How much is a Krugerrand worth?

The Krugerrand is based on the spot price of gold in the commodities market, and any premium that may exist above that in a strong market. 

As the gold price fluctuates, so does the value of the Krugerrand. 

Contact us to get the best price offer. 

2 – Are Krugerrands illegal in the US?

No, they are not. Krugerrands are legal tender worldwide. 

For more information on the history of the Krugerrand, you can visit the Wikipedia Krugerrand page here. 

3 – Where can I sell my Krugerrands in Cape Town?

Anthony Alan is a premier buyer of luxury items in Cape Town, including gold bullion Krugerrands and other gold bullion. 

Contact us today for the best price offer. 

Contact Us

If you still have questions, we would love to answer them for you.

Contact us for all your gold bullion needs in Cape Town.

Our offices are open 5 days a week with experts to assist from 9 am to 5 pm.