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Half oz Gold Krugerrand Value

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Sep 23, 2024, 5:10:02 PM
Created by
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Feb 25, 2020, 1:37:35 AM
` = "Half oz Gold Krugerrand Value"`
`(n)"Count"`
`(nv)"Numismatic Factor"`
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The Half oz Gold Krugerrand Value calculator computes the approximate current market value of a number of South African gold Krugerrand half ounce coins based on their gold content and a numismatic percent adder.  /attachments/6666bcc1-576f-11ea-a7e4-bc764e203090/KrugerrandObverse.png

/attachments/6666bcc1-576f-11ea-a7e4-bc764e203090/KrugerrandReverse.png

INSTRUCTIONS: Choose units and enter the following:
  • (n) Number of coins
  • (nv) Numismatic Value Factor (percent above spot)

Coin Value (V): The calculator returns:

  1. Value of Coins in U.S. dollars
  2. Height of the stack of coins in millimeters
  3. Total weight of coins in grams

The Math / Science

The formula for the value of Krugerrand Coins is:

V = n*SPOT*cw*nv

where:

  • V = Value of the Krugerrand Coins
  • n = number of coins
  • cw = gold per coin (grams)
  • SPOT = spot price of gold per troy ounce
  • nv = numismatic factor


South African Gold Krugerrands

A Krugerrand is a gold or silver coin from the nation of South Africa. It was first minted in 1967 by the South African Mint and the Rand Refinery.  The face has the likeness of Paul Kruger, the President of South Africa from 1883 to 1902, and the reverse is the likeness of a pronking springbok, which is the national animal.

The value of a Gold Krugerrands are based on their weight and purity of the coins (below) and a numismatic value factor (multiplier), along with the current spot price of gold to determine the value of each coin.

Gold South African Krugerrands are 22 carats, .9167 pure gold (Au) and .0833 Copper (Cu). 

Gold Krugerrand Sizes:

  • 1 Troy Ounce Krugerrand
    • 1 troy ounce of pure gold
    • 33.93 grams per coin in total metal alloy
    • 32.77 mm diameter
    • 2.84 mm thick
  • 1/2 Troy Ounce Krugerrand
    • 0.5 troy ounces of pure gold
    • 16.965 grams per coin of total metal alloy
    • 27.07 mm diameter
    • 2.215 mm thick
  • 1/4 Troy Ounce Krugerrand
    • 0.25 troy ounces of pure gold
    • 8.482 grams per coin in total metal alloy
    • 22.06 mm diameter
    • 1.888 mm thick
  • 1/10 Troy Ounce Krugerrand
    • 0.1 troy ounces of pure gold
    • 3.393 grams per coin in total metal alloy
    • 16.55 mm diameter
    • 1.35 mm thick

Gold Calculators 


This equation, Half oz Gold Krugerrand Value, references 1 page
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